FOR SALE
$675,000 - $700,000

6/31 Formby Crescent
Port Adelaide SA 5015

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Embrace Waterfront Living - Perfect for First Home Buyers or Investors

If you've been yearning for a laid-back, waterfront lifestyle, this beautifully presented home offers the ideal opportunity to turn that dream into a reality. Nestled in a peaceful location with stunning water views, this property is perfect for first home buyers looking to step into the market or savvy investors seeking a great addition to their portfolio.
What we love :
• 2 generously sized bedrooms, offering plenty of room to unwind
• A well-appointed family bathroom, designed with functionality in mind
• A light-filled kitchen in neutral tones, ready for your personal touch
• Spacious, open-plan lounge and dining area that flows seamlessly for easy living
• A secure lock-up garage providing ample storage and convenience
• A private balcony where you can relax and take in the stunning waterfront views
Located just minutes away from local shops, schools, and public transport, this property offers the perfect balance of tranquil living and accessibility. Whether you're enjoying a peaceful morning on the balcony or taking a short walk to nearby amenities, this home provides a lifestyle that feels like a permanent holiday.
Don't miss out on this fantastic opportunity to live or invest in a waterfront location - your slice of paradise awaits!
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Property Details for 6/31 Formby Cres, Port Adelaide

6/31 Formby Cres, Port Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Port Adelaide & Largs Bay.

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About Port Adelaide 5015

The size of Port Adelaide is approximately 6 square kilometres. It has 7 parks covering nearly 3.2% of total area. The population of Port Adelaide in 2011 was 1,293 people. By 2016 the population was 1,238 showing a population decline of 4.3% in the area during that time. The predominant age group in Port Adelaide is 40-49 years. Households in Port Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Adelaide work in a professional occupation. In 2011, 40.8% of the homes in Port Adelaide were owner-occupied compared with 43% in 2016.

Port Adelaide has 1,732 properties. Over the last 5 years, Houses in Port Adelaide have seen a 59.14% increase in median value, while Units have seen a 88.64% increase. As at 31 December 2024:

  • The median value for Houses in Port Adelaide is $781,328 while the median value for Units is $586,216.
  • Houses have a median rent of $620 while Units have a median rent of $593.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Port adelaide on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Port adelaide.

Suburb Insights for Port Adelaide 5015

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Nick Psarros
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Gypsy Black
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Ray White Port Adelaide & Largs Bay
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.