Whyalla is SA's third-largest city and a major steel and manufacturing centre experiencing a dramatic economic reinvigoration via the GFG Alliance Greensteel project and the surrounding solar farm and renewable energy developments. Ultra-affordable property prices and double-digit rental yields are attracting yield-focused investors and FIFO workers to this industrially significant regional hub. At the current $260k median house price, an 80% loan at 6.25% over 30 years is about $1,281 per month.
| Median house price | $260,000 |
|---|---|
| Median unit price | $162,000 |
| Estimated monthly repayment | $1,281 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 8.5% |
| Typical days on market | 35 |
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