FOR SALE
$494,500

Multi Allotments North Street
Port Wakefield SA 5550

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Exciting Land Opportunity

The subject properties are former railway land located approximately 98 radial Kilometres north of Adelaide in the rural township of Port Wakefield.
Port Wakefield is identified as the gateway to the Yorke Peninsula and Mid-North regions, making this the ideal location for a savvy Commercial Investor looking to acquire large sites to build or re-develop (Subject to Necessary consents).
This rare land offering is of varying configurations and this parcel comprises several allotments totaling approximately 3.1 hectares (approximately 31,179 m2), is located on the northern fringe of the township which has numerous services that are serviced by a dual lane highway through the eastern edge of the town that is seen as a major transportation corridor for both commercial and domestic travellers. The Port Wakefield community is made of a mix of agriculture, fishing, retail and factory orientated employees.
Zoned: Neighbourhood.
Contact Scott Bockmann at our Ray White Yorke Peninsula Ardrossan office on 0427 519 628.

Property Details for Multi Allotments North St, Port Wakefield

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About Port Wakefield 5550

The size of Port Wakefield is approximately 176.1 square kilometres. It has 9 parks covering nearly 6.9% of total area. The population of Port Wakefield in 2011 was 554 people. By 2016 the population was 639 showing a population growth of 15.3% in the area during that time. The predominant age group in Port Wakefield is 50-59 years. Households in Port Wakefield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Wakefield work in a labourer occupation. In 2011, 62% of the homes in Port Wakefield were owner-occupied compared with 56.7% in 2016.

Port Wakefield has 578 properties. Over the last 5 years, Houses in Port Wakefield have seen a 106.41% increase in median value, while Units have seen a 215.37% increase. As at 31 August 2024:

  • The median value for Houses in Port Wakefield is $309,730 while the median value for Units is $418,498.
  • Houses have a median rent of $255.
There are currently 2 properties listed for sale, and no properties listed for rent in Port wakefield on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Port wakefield.

Suburb Insights for Port Wakefield 5550

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Scott Bockmann
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Ray White Yorke Peninsula
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