FOR SALE
Under Contract - EACH

Units 1, 3 & 7/29-31 Spencer Street
Port Augusta SA 5700

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Units 1, 3 & 7/29-31 Spencer Street

Looking to enter the lucrative rental market then look no further as the option is here to buy one or a couple or all three as each unit is on an individual title. They each have a large open-plan dining/kitchen/lounge area, one bedroom and one bathroom and all are air-conditioned and fully furnished . Built in 1960 as a group of 12 they have been a great money earner over the journey and at present these three are returning $795 per week. Location is great as in a nice quiet street in a lovely area of town. Certainly already occupied but a bit of money spent will only enhance the rent return. There is a disused laundry but throw in a coin operated washing machine or two and a dryer and these will pay for themselves in no time.

Property Details for Units 1, 3 & 7/29-31 Spencer Street, Port Augusta, SA 5700

Units 1 3 & 7/29-31 Spencer Street Port Augusta SA 5700 is a 1 bedroom, 1 bathroom BlockOfUnits with 1 parking spaces. The place is currently for sale with CENTURY 21 Top of the Gulf (Port Augusta).

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BlockOfUnits

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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 4,109 properties. Over the last 5 years, Houses in Port Augusta have seen a 98.30% increase in median value, while Units have seen a 60.14% increase. As at 30 November 2024:

  • The median value for Houses in Port Augusta is $250,625 while the median value for Units is $194,499.
  • Houses have a median rent of $330 while Units have a median rent of $255.
There are currently 45 properties listed for sale, and 10 properties listed for rent in Port augusta on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Port augusta.

Suburb Insights for Port Augusta 5700

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Greg Edwards
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CENTURY 21 Top of the Gulf (Port Augusta)
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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.