4 Wilson Court, Mount Barker SA 5251

Central Mount Barker | 1994 brick home | 3 bed, 1 bath, 1 car | Low-maintenance 428m² block | Currently tenanted. This property presents a straightforward, low-maintenance housing solution in a central Mount Barker location, offering immediate rental income and proximity to key schools. Its functional layout, with a covered verandah and fully fenced yard, suits first-home buyers seeking entry or investors adding a stable, simpler property to a portfolio. The combination of reverse-cycle air conditioning and a combustion fireplace provides year-round climate control, a practical advantage. Decision hinges on reconciling the significant variance in reported internal area and the bushfire overlay, which may affect insurance costs and future improvements. The established tenancy signals reliable demand, but the limited bathroom and car accommodation cap its appeal for growing families. Treat this as a hold for yield or a live-in opportunity with modest upgrade potential, not a strategic land bank. Its value is in its utility, not its appreciation prospects. Recent sales context shows: – Aug 2019: $260,000 – Apr 2002: $130,000 This trajectory indicates underlying growth, though the 2019 sale is less relevant for today’s market. The current price guide reflects the area’s significant appreciation since the last transaction.