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Overview
This tidy house, situated on a generous 510 square metre allotment, is desirably located within walking distance to local primary schools, cafes, restaurants, and the town’s central business district, offering both convenience and accessibility. Its appeal is enhanced by its potential as an investment opportunity, currently generating a steady rental income of $290 per week, reflecting a solid rental yield of approximately 5%.
Upon entering, the property welcomes you with a spacious lounge that can be closed off, providing a private and cosy retreat from the other living areas. The kitchen and dining area are thoughtfully combined and boast ample built-in cabinetry, paving the way for an organized and clutter-free environment, facilitating easy meal preparation and family dining.
The accommodation comprises two well-sized bedrooms, each fitted with ceiling fans to enhance comfort during warmer months. Adjacent to the sleeping areas is a centrally located bathroom, equipped with both a bath and shower, complemented by a separate toilet, offering practical convenience for everyday living.
Additional functional features include a rear laundry room that provides ample storage space for household essentials. Outdoors, the property includes a large shed suitable for secure vehicle storage, alongside a smaller garden shed ideal for storing tools and gardening equipment. A front porch creates a welcoming entrance and a pleasant space to enjoy views of the surrounding area.
Additional benefits for investors include a fixed lease agreement until February 2027 and a rent appraisal suggesting potential for increased rental income in the near term. The home, built around 1950, benefits from suburban neighbourhood zoning and has essential services such as water and sewer connections available. Council rates are noted at approximately $2,332.53 per annum for the 2026/27 period.
Local Market Insights
In Port Augusta West, 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 West 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 West SA 5700
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