FOR SALE
$310,000

1 Stevens Street
Risdon Park South SA 5540

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 94m2
Land area: 908m2
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Investment Opportunity at 1 Stevens Street, Risdon Park South

Set in the heart of Risdon Park South, SA, 1 Stevens Street presents an exceptional investment opportunity in a location that continues to show steady growth. Currently tenanted until September 2025, this property yields a reliable rental income of $285 per week, offering investors immediate and stable returns.
Risdon Park South is an up-and-coming suburb within Port Pirie's vicinity, known for its community feel and proximity to essential services. Residents enjoy convenient access to local schools, parks, and shopping centers, making it an appealing location for families and professionals alike. The area has seen promising infrastructure development, which supports its potential for continued property value appreciation.
The property itself is ideal for investors seeking long-term rental opportunities in a growth area. With a tenant in place and a consistent rental yield, it provides hassle-free management and strong future potential. The suburb's strategic location offers easy access to public transportation and main roads, ensuring connectivity to the broader Port Pirie region and beyond.
1 Stevens Street is not just a property but an opportunity to steady income and future capital growth. Don't miss out on securing this tenanted gem in a suburb that's positioned for continued expansion and increased demand.
Please call Kurt on 0430 60 1612 to make it yours today.
RLA 333927

Property Details for 1 Stevens St, Risdon Park South

1 Stevens St, Risdon Park South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 908m2 and floor size of 94m2. The place is currently for sale with Future Realty SA.

Building Type
House
Year Built
1968
Floor Size
94m2
Land Size
908m2

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About Risdon Park South 5540

The size of Risdon Park South is approximately 18.8 square kilometres. It has 12 parks covering nearly 3.4% of total area. The population of Risdon Park South in 2011 was 1,976 people. By 2016 the population was 2,185 showing a population growth of 10.6% in the area during that time. The predominant age group in Risdon Park South is 40-49 years. Households in Risdon Park South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Risdon Park South work in a trades occupation. In 2011, 66.5% of the homes in Risdon Park South were owner-occupied compared with 70.2% in 2016.

Risdon Park South has 1,101 properties. Over the last 5 years, Houses in Risdon Park South have seen a 85.32% increase in median value, while Units have seen a 122.15% increase. As at 30 November 2024:

  • The median value for Houses in Risdon Park South is $310,714 while the median value for Units is $275,543.
  • Houses have a median rent of $360.
There are currently 3 properties listed for sale, and no properties listed for rent in Risdon park south on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Risdon park south.

Risdon Park South Profile Page

Suburb Insights for Risdon Park South 5540

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Kurt Dasilva
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Andrew Milne
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Future Realty SA
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