9 Peace Avenue, Victor Harbor SA 5211

1950s build on large 836m² block | 4 bed, 2 bath family format | 3-min walk to beach | No overlays | FTTP NBN This property presents a competitively strong offering based on its larger-than-standard lot size and its four-bedroom, two-bathroom configuration, which is uncommon for its era in this location. The absence of bushfire or flood overlays removes significant insurance and approval complexities, while the established neighbourhood and proximity to the beach solidify its appeal to a family or long-term occupant seeking space and location over modern finishes. The primary decision point rests on the cost to modernise a 1950s-built home against the premium for its land position. The calculated gross rental yield is modest, indicating this property’s value is in capital growth driven by its land component, not income. Acquire it for land value with a plan to renovate or rebuild to capitalise on the block’s potential; holding it unchanged serves only a downsizer seeking minimal upkeep.