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Overview
This property at 76 Railway Parade in Port Augusta presents a well-maintained, classic home built in 1961 on a generously sized 506 square meter block. It offers 111 square meters of living space laid out in a semi-open plan design that emphasizes comfortable, functional living for residents and tenants alike.
The living area is spacious with concertina doors that provide flexible separation from the kitchen and dining spaces, allowing for privacy or open entertaining as desired. The kitchen itself is notably well-equipped with ample bench and storage space, making meal preparation and daily living convenient and efficient.
Accommodation comprises three bedrooms, with one featuring built-in floor-to-ceiling storage, which enhances organizational potential. Additional linen storage in the hallway adds to the home's practicality. The bathroom, designed for functionality, has a shower, bath, vanity, and built-in storage, while the toilet is neatly separated within the laundry area to maximize usability.
Outdoor living is catered for by a semi-enclosed area that offers a private retreat for relaxation. The inclusion of solar panels enhances the property's energy efficiency, aligning with cost-saving and sustainable living considerations. For vehicle parking and storage, a rear shed provides covered parking accessible from the street, complemented by a garden shed suitable for tools and equipment.
Ideal for investors, the property is currently tenanted under a fixed lease until April 2027, delivering a rental return of approximately 5.6%. This steady income stream, alongside its tenant-friendly features and durable construction, makes it a reliable addition to a property portfolio.
- Land size: approximately 506 sqm
- Building size: approximately 111 sqm
- Year built: 1961
- Zoning: Suburban Neighbourhood
- Water connected, septic tank for sewer
- Council rates approximately $2,927.53 for 2026/2027
While providing a solid investment opportunity, this home also offers a practical and comfortable living environment suitable for tenants seeking ease and functionality in a well-situated area.
Local Market Insights
In Port Augusta, Quiet Listings observed 16 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $447,125. The property type mix of listed properties is predominantly Houses at 77%, followed by land (18%), and duplexes (5%). The most active agency for houses in the Port Augusta area is currently Ray White, representing 56% of new listings, followed by Raine & Horne with 19%. 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
Market Insights for Port Augusta SA 5700
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