Koolunga SA Property Investment

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## 2. Market Overview - Median house price: N/A - Median unit price: N/A - Median weekly rent: $183 / wk (approximate – the only median figure supplied) - Growth trend: No price‑growth data supplied, so we cannot quantify recent appreciation or decline. - Days on market: N/A

Signal: With no clear price data and a modest median rent, buyers lack a solid price benchmark, while sellers may struggle to command premium offers. The low investment score reinforces a defensive stance.

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## 3. Rental Market - Vacancy rate: N/A - Weekly rent: $183 / wk (approximate) - Gross rental yield: N/A (cannot be calculated without a median price) - Demand rating: N/A

Implication: The only concrete rental figure is the $183 / wk median rent, which is modest for the region. Without vacancy or yield data, investors cannot confirm strong rental income or low risk of empty periods.

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## 4. Short‑Term Rental Opportunity - STR nightly rate: N/A - Occupancy: N/A - Estimated annual revenue: N/A

Conclusion: No STR data are available, so we cannot compare long‑term rental (LTR) versus short‑term rental (STR). In the absence of evidence that STR would generate higher returns, LTR remains the default assumption.

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## 5. Infrastructure & Growth Drivers - Known projects / transport / employment base: N/A

Drivers/Limits: With no disclosed infrastructure upgrades, transport links, or major employers, there is no identifiable catalyst to boost demand at present.

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## 6. Bull Case If future data reveal:

• New infrastructure or major employer entry that lifts local employment,
• An increase in median rent (e.g., from $183 / wk to a higher level), and
• Availability of price benchmarks that show price appreciation,

then the suburb could see upside in both capital growth and rental yields. Specific upside figures cannot be quantified because the necessary baseline numbers are not provided.

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## 7. Risks | Risk | Detail (numbers where available) | |------|-----------------------------------| | Vacancy risk | Vacancy rate not disclosed – uncertainty remains. | | Single‑employer dependency | Employment base not disclosed – potential concentration risk if the local economy relies on a few firms. | | Supply pipeline | No data on upcoming housing supply – unknown pressure on rents/prices. | | Rate sensitivity | Standard market exposure to interest‑rate changes; without price data we cannot model cash‑flow impact. |

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## 8. The Play - Entry range: Not determinable (median house/unit prices are N/A). - Minimum yield to target: Cannot calculate without price data; investors typically look for 4‑5 % gross yield in regional markets. - Watch signals: 1. Publication of median house or unit prices for Koolunga. 2. Announcement of new infrastructure or major employer projects. 3. Release of vacancy and days‑on‑market statistics. - Recommended strategy: Adopt a wait‑and‑see approach. Hold off on acquisition until reliable price, vacancy and growth data emerge, or until a concrete demand catalyst is announced. This aligns with the caution indicated by the 48 / 100 investment score.