FOR SALE
SOLD

18 Edinburgh Terrace
Port Augusta SA 5700

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 91m2
Land area: 405m2
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SOLD

Unlock your entry into the property market or capitalise on a lucrative investment with 18 Edinburgh Terrace. Positioned as a start-up abode or an enticing rental prospect, this inviting half maisonette showcases 3 bedrooms and 1 bathroom within its 5 main room layout.
Boasting a brick construction built in 1955, and set upon a 405m2 allotment, it presents an ideal opportunity for first-time homebuyers seeking a solid foothold in real estate or astute investors scouting for promising ventures.
For the savvy investor, this property boasts significant rental potential, with an estimated weekly rent ranging between $250 - $270. Such promising returns translate to an impressive rent yield of 7.8% - 8.5%, affirming its status as a sound investment opportunity worth serious consideration.
Whether you're embarking on your property journey or expanding your investment portfolio, 18 Edinburgh Terrace offers a compelling proposition that shouldn't be overlooked. Contact Charmaine on 0428 656 181 for more information or inspection, and seize the chance to explore this promising property further.
FOR THE INVESTOR
Rent appraisal: $250 - $270 per week (Appraised 14th May 2024)
Rent return: 7.8% - 8.5%
Land: 405m2
Year Built: 1955
Equivalent main area: 91m2
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Property Details for 18 Edinburgh Tce, Port Augusta

18 Edinburgh Tce, Port Augusta is a 3 bedroom, 1 bathroom Unit with 4 parking spaces. The property has a land size of 405m2 and floor size of 91m2. The place is currently for sale with Ray White Port Augusta.

Building Type
Unit
Floor Size
91m2
Land Size
405m2

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About Port Augusta 5700

The size of Port Augusta is approximately 20.5 square kilometres. It has 47 parks covering nearly 9.2% of total area. The population of Port Augusta in 2011 was 7,334 people. By 2016 the population was 6,568 showing a population decline of 10.4% in the area during that time. The predominant age group in Port Augusta is 50-59 years. Households in Port Augusta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Augusta work in a community and personal service occupation. In 2011, 57.3% of the homes in Port Augusta were owner-occupied compared with 54.7% in 2016.

Port Augusta has 4,111 properties. Over the last 5 years, Houses in Port Augusta have seen a 68.58% increase in median value, while Units have seen a 26.59% increase. As at 31 August 2024:

  • The median value for Houses in Port Augusta is $221,675 while the median value for Units is $161,735.
  • Houses have a median rent of $320 while Units have a median rent of $265.
There are currently 58 properties listed for sale, and 12 properties listed for rent in Port augusta on OnTheHouse. According to CoreLogic's data, 194 properties were sold in the past 12 months in Port augusta.

Suburb Insights for Port Augusta 5700

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Charmaine Budd
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Ray White Port Augusta
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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.