8 Wells Road, Goolwa SA 5214

4 bed, 2 bath, 3 car | 965 sqm lot, 1972 build | long-owner street, bushfire overlay | established house, low turnover street. This is a large, detached house on a substantial 965 sqm lot, a configuration that is increasingly rare in newer infill developments. Built in 1972, it is more consistent with established, owner-occupier stock, and the long average tenure on this small street suggests a stable, low-turnover neighbourhood. The property’s size and ancillary garage and shed capacity make it best suited for families or downsizers seeking space and a single-level established home, rather than investors targeting high-density yields. Its positioning as a larger-than-average lot in a regional coastal setting gives it a competitive edge for those wanting land and privacy. The bushfire overlay is a material constraint that may affect insurance costs and future development potential, and should be verified. The modest gross yield, roughly 3.1 to 3.2 percent based on the rent estimate, may not appeal to yield-focused investors but could be acceptable for owner-occupiers valuing space over return. The previous sale in 2020 at a much lower price as a 3-bedroom house highlights potential for value-add through renovation or reconfiguration, though the extent of any upgrades since then is not clear. The lack of recent comparable sales on the street means pricing should be tested against broader market evidence.