Lot 1012 Ice Cream Hill Road, Coober Pedy SA 5723

Lot 1012 Ice Cream Hill Road, Coober Pedy SA 5723
3 bedrooms | 186 sqm internal | 2,870 sqm land | Coober Pedy The propertyโ€™s competitive edge lies in its rare combination of generous internal size and substantial landholding within a remote mining town where housing stock is limited. The three-bedroom configuration on nearly 0.7 acres offers a buyer a configuration that suits either a family or a dual-use scenario, such as a home with a separate workshop or storage area. This is a property best suited to a buyer who values space over location convenience, and who is comfortable with the unique character of Coober Pedyโ€™s housing market. The primary risk is the inconsistency in reported bathroom count, which could signal a need for due diligence on the actual layout and any unapproved modifications. The remote location limits rental demand and resale liquidity, meaning the buyer should be prepared for longer holding periods. However, for an owner-occupier or someone seeking a low-cost entry into the outback property market, the land size offers potential for future subdivision or expansion. Hold this property as a long-term base or a low-maintenance investment in a niche market.

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

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Market Insight:

Coober Pedy presents a unique, remote market with a contracting population and a housing market under significant pressure, evidenced by a sharp and sustained price correction. Demand is anchored by a mature demographic seeking affordable entry into rural-style properties, with investment activity supported by exceptionally high rental yields and a critically low vacancy rate. Future growth is constrained by ongoing population decline and extended selling periods, indicating a market reliant on its niche rental appeal rather than capital appreciation.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

2870mยฒ

Assessments Delivered Today

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