Wirrulla SA Property Investment

CAUTION — 2.0% gross yield on a $287,948 (pending peer validation) median.

Wirrulla has compounded at 2.4%/yr over 5 years. Median sits in the $287,948 (pending peer validation) band today. Properties are sitting on market for 30 days (roughly balanced conditions).

• Median house: $287,948 (pending peer validation) | Units: $276,147
• Gross yield: 2.0% | Net yield: 0.5%
• 5yr price CAGR: 2.4%/yr | 3yr forecast: 13.5%/yr
• Population: 107 | Owner-occupier rate: 82% | Affluence: Above Average

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 1.8% (improving) | Rental demand: High
• Median weekly rent: $111/wk | Days on market: 30 (stable)
• Landlord market — rents likely to keep rising.

• Median nightly rate: $658/night | Occupancy: 42%
• Estimated annual STR gross: ~$100,891/yr
• vs long-term rent: $5,772/yr (+1648% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Standard suburban transport access

If Wirrulla maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $331,140 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Wirrulla pull back 10-15% from $287,948, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential

• Elliston (SA): $341,559 median, 3.0% yield, 20.4% 1yr growth
• Lock (SA): $251,871 median, 2.5% yield, 23.7% 1yr growth
• Whyalla (SA): $368,807 median, 5.5% yield, 5.6% 1yr growth

Wirrulla carries elevated risk that outweighs potential returns at current levels. A stable market combined with low vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

• Entry range: $259,153 – $316,743
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.