Secure Coastal investment in Largs North

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Location

Market Insights for Largs North SA 5016

New Listings (last 30 days)

Average price

$1,190,357

Lowest price

$650,000

Highest price

$2,800,000

Property in Largs North SA 5016

PG: $700,000

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$700k - $735k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 190 m²

Listed: 17 days ago

Updated: 3 days ago

Overview

Situated in the sought-after coastal locale of Largs North, this property offers a compelling investment opportunity underpinned by a long-term lease with Defence Housing Australia (DHA) until mid-2028. The arrangement assures consistent rental income irrespective of occupancy, providing peace of mind and a hands-off experience especially suited to investors seeking reliable returns without active property management responsibilities.

The residence is designed for practicality and low maintenance, featuring a modern, open-plan living and dining area that enhances the sense of space and supports flexible living arrangements. The kitchen is equipped with quality appliances alongside functional storage solutions, catering well to everyday culinary needs.

Accommodation comprises three bedrooms and two bathrooms, offering comfortable space for tenants or future occupants. Parking provisions include a garage space plus an additional off-street parking spot, addressing common coastal area demands where parking convenience is valued.

Beyond the home itself, the location is a prime asset, placing residents moments from the Largs North beach, local parks, schools, and accessible public transport options including direct rail services to the Adelaide CBD. This accessibility not only heightens lifestyle appeal but also broadens the potential tenant base.

The DHA lease guarantees rent payments regardless of vacancy periods between Defence occupants, ensuring steady income flow.
DHA manages tenancy, routine property care, and end-of-lease maintenance, reducing investor workloads.
Annual rent reviews by an independent valuer keep income aligned with prevailing market conditions.
The property is maintained to a good standard throughout the lease term, protecting capital value.

This property will attract portfolio investors looking for secure, low-risk income assets in a coastal setting with strong tenant management, as well as those seeking a strategically positioned asset near essential amenities and transportation.

Local Market Insights

In Largs North, Quiet Listings observed 14 new houses entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $1,190,357. The property type mix of listed properties is predominantly Houses at 85%, followed by units (10%), and townhouses (5%). The most active agency for houses in the Largs North area is currently Ray White, representing 71% of new listings, followed by Ocre with 14%. 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.