62 Gaffney Road, Willunga SA 5172

62 Gaffney Road, Willunga SA 5172
Acreage on town outskirts | 1993-built family home | 257mΒ² with hills views | 3 living areas & sheds | High confidence rental yield This property presents a competitively strong proposition for a buyer seeking space and lifestyle without complete isolation. Its one-acre parcel on the fringe of Willunga township is a rare configuration, offering privacy and room while remaining minutes from community amenities. The house itself, with four bedrooms, multiple living areas, and substantial shedding, is above average in scale for the area and serves a family or professional couple seeking a permanent residence with character and established gardens. The proven rental demand signals its appeal to a discretionary tenancy market, reinforcing its lifestyle utility. The decision hinges on accepting the premium for land size over built value, where the 6% building coverage indicates a significant portion of your investment is in the land itself. This limits depreciation benefits and concentrates risk on land value movement. The opportunity is to secure a view-oriented holding with immediate utility, where future subdivision is unlikely given the lack of noted zoning activity. The judgment is to acquire this as a long-term lifestyle property, not a strategic land bank, and to hold it for personal use with the resilience of a secondary income stream from a strong rental market. Recent comparable sales data for a direct comparison is not available in the provided information. This absence requires a buyer to rely more heavily on the estimated value range and the specific attributes of this property versus general suburb stock when assessing price fairness.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Willunga presents as a tightly held, family-oriented market with strong local demand, evidenced by consistent sales volumes and a notable absence of rental vacancies. Recent price trends show a degree of volatility, with growth figures varying significantly, indicating a market in flux. Demand is primarily driven by owner-occupiers, supported by a solid rental yield, though the lack of unit supply and diversity presents a key constraint for future buyer entry and market fluidity.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

3

Land

1 acres

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