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Overview
This tidy house on a 506 square meter block built in 1961 provides a practical and appealing investment opportunity. The 111 square meters of living space is thoughtfully arranged with a semi-open plan that enhances comfortable daily living and encourages a warm, flowing atmosphere.
Inside, the lounge stands out for its spaciousness and inclusion of concertina doors, offering flexibility when privacy is desired from the adjoining kitchen and dining areas. The kitchen itself is generously sized, equipped with abundant bench and cabinet space catering well to tenants' needs and adding to the home’s functionality.
Three bedrooms accommodate residents comfortably, including one with extensive floor-to-ceiling built-in storage that enhances practicality. Added linen storage situated conveniently in the hallway benefits all bedrooms while the well-maintained bathroom combines a separate shower and bath along with built-in storage, contributing to an organized and clean environment. The toilet is smartly separated within the laundry room.
Outside, a semi-enclosed space along the property's right side creates a cosy sitting area perfect for relaxation. Vehicle accommodation is versatile, with a shed at the rear providing covered parking accessed from the street and a separate garden shed offering storage for gardening tools or other items. A total of four parking spaces include a garage, carport, and additional off-street parks enhancing convenience.
This property stands out as a solid investment, currently tenanted under a fixed lease until April 2027 with a weekly rent of $380, delivering a 5.5% return. Rent appraisals indicate stable yields between $360 and $400 per week. Situated in a Suburban Neighbourhood zone, with water available but septic tank sewerage, this home balances manageable upkeep with rental appeal. Council rates are set at $2,927.53 for the 2026/2027 period.
Overall, this home combines practical features and solid structural elements ideal for investors seeking a reliable property that is tenant-ready and positioned for steady rental returns.
Local Market Insights
In Port Augusta, Quiet Listings observed 11 new houses entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $398,182. The property type mix of listed properties is predominantly Houses at 92%, followed by duplexes (8%). First National was the most active agency in this area, representing 75.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Port Augusta SA 5700
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 111 m² |
Market Insights for Port Augusta SA 5700
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