9 Rehn Road, Whyalla Jenkins SA 5609
9 Rehn Road, Whyalla Jenkins SA 5609
4 bed 2 bath modern build | tenanted $450/wk to Dec 2026 | Ocean Eyre Estate | low-maintenance 576m² | priced above suburb norm
This is a competitively positioned family house in Whyalla Jenkins, built in 2015 and sitting within the Ocean Eyre Estate, a pocket of newer housing that stands apart from the older stock in the suburb. The configuration is practical and complete: four carpeted bedrooms with built-in robes, an ensuite to the master, a second bathroom with separate bath and toilet, and a double garage with internal and rear access. The open-plan rear living area flows to a paved verandah, which suits the indoor-outdoor lifestyle most buyers in this price range expect. Ducted reverse-cycle zoned air-conditioning and solar make it genuinely low-cost to run, and the low-maintenance yards with two garden sheds reduce ongoing upkeep. For an investor, the existing tenancy at $450 per week provides immediate income with no leasing gap. For a family buyer, it offers a turnkey modern house without renovation risk. The 576m² allotment is generous enough for outdoor use without demanding heavy maintenance. This property serves two buyer profiles well, but it is strongest for investors seeking stable rental return in a newer estate.
The asking price sits above what recent 4-bedroom sales in the suburb suggest is typical, which means the buyer is paying a premium for the 2015 build, the solar system, and the tenancy security. The current rent of $450 per week implies a gross yield that is reasonable but not exceptional, so the investment case depends on rental growth over the next few years. The tenancy runs until December 2026, which provides certainty but also delays any owner-occupier entry. The lack of explicit aspect data is not a major concern, but it is worth confirming the orientation of the rear living areas during an inspection, as this affects natural light and heating and cooling efficiency. The general neighbourhood zoning and proximity to the foreshore and amenities support long-term demand, but no infrastructure or rezoning activity has been flagged that would drive sudden price appreciation. Buyers should weigh the modern condition and income stream against the higher entry point relative to local norms.
|| Comparable Sales: 39 Phillips Street, Whyalla Stuart, 4 bed 2 bath, sold around $466k; 13 Rehn Road, Whyalla Jenkins, listed near $419k | Property Price Band: $500k–$550k | Value Drivers: 2015 build condition, solar and ducted air-conditioning, secure tenancy income, low-maintenance 576m² allotment
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Rehn Road, Whyalla Jenkins SA 5609
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Market Insight
Whyalla Jenkins, in regional South Australia, is a low-entry market with a median house price of $410,000 and annual growth of 10.6–14.8%. Demand is led by young families—the dominant 30–39 and 0–9 age cohorts—mostly mortgaged owners in professional or certificate-skilled roles. Market conditions are firm: vacancy sits at 1.65%, gross yields at 5.07%, and median weekly rents at $400–420. Turnover is thin, however, with 78 house sales recorded in one series against just 12 in another, while listings have risen 11.1% year-on-year, pointing to loosening supply. Future growth hinges on the appeal of large rural lots and regional infrastructure, but the high share of mortgaged owners and a small, illiquid sales pool are the key constraints.
PropCred Estimated Value
Comparable Sales: 39 Phillips Street, Whyalla Stuart, 4 bed 2 bath, sold around $466k; 13 Rehn Road, Whyalla Jenkins, listed near $419k | Property Price Band: $500k–$550k | Value Drivers: 2015 build condition, solar and ducted air-conditioning, secure tenancy income, low-maintenance 576m² allotment
Bedrooms
4
Bathroom
2
Parking
2
Land
576m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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