40 Edinburgh TerracePort Augusta SA 5700
Property Details for 40 Edinburgh Tce, Port Augusta
40 Edinburgh Tce, Port Augusta is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1957. The property has a land size of 532m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 6 bedroom House sold in Port Augusta in the last 12 months.
Last Listing description (April 2024)
Step into a smart investment zone with this dual-income duplex - a practical pick for investors seeking a steady income. It's bringing in $420 per week right now, and we're here to break down the facts that make this property a solid choice for anyone looking for a straightforward and reliable investment. Let's explore why this duplex is a wise move in the world of real estate.
FOR THE INVESTOR
Fixed tenancies: 20/10/23 - 17/10/24 & 15/12/23 - 12/12/24
Rent return: 6.83%
Land: 1150sqm
Year Built: 1957
Equivalent main area: 192m2
Council Rates:
1 Bottomley Street - $2,337.39
40 Edinburgh Terrace - $2,314.90
Zoning: SN - Suburban Neighbourhood
Easements: No
Water available: Yes
Sewer available: No
This property, with its fixed tenancies, steady rental income, and essential details, presents a tangible opportunity for investors seeking a reliable and straightforward return on their investment. Dive into the numbers and the solid foundation of this duplex for a wise move in real estate investment.
Property History for 40 Edinburgh Tce, Port Augusta, SA 5700
- 09 Apr 2024Sold for $295,000
- 19 Jan 2024Listed for Sale Not Disclosed
- 14 Sep 2020Listed for Rent - Price not available
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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 4,107 properties. Over the last 5 years, Houses in Port Augusta have seen a 95.69% increase in median value, while Units have seen a 32.69% increase. As at 31 October 2024:
- The median value for Houses in Port Augusta is $244,676 while the median value for Units is $160,814.
- Houses have a median rent of $330 while Units have a median rent of $260.
Suburb Insights for Port Augusta 5700
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