OFF MARKET

5 Hipwell Street
Port Augusta SA 5700

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 119m2
Land area: 865m2
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Property Details for 5 Hipwell St, Port Augusta

5 Hipwell St, Port Augusta is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1973. The property has a land size of 865m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1973
Floor Size
119m2
Land Size
865m2
Local Government
Port Augusta
Lot/Plan
A30/D9446

Last Listing description (July 2023)

Welcome to 5 Hipwell Street, a practical brick home that offers comfortable living for someone looking to get into the market as a first home buyer, or an ideal investment opportunity in Port Augusta.

Featuring a functional 5 main room layout, this property features 3 good-sized bedrooms and a functional bathroom that provides all the necessary amenities. Built in 1973, this home is a perfect option for first-time home buyers or investors seeking a solid property in a desirable location. You'll appreciate the combination of split system and wall unit air conditioning and ceiling fans that provide year-round comfort.

The home is set on a generous corner allotment approximately 865m2, providing ample outdoor space. The garage and carport offer secure off-street parking for multiple vehicles. A rainwater tank in the rear yard is a great addition, and the yards require minimal maintenance, making it a great rental property.

For investors, there is a fixed tenancy in place until 19/10/2023 at $260 per week rent, and has had a recent rent appraisal of $260 - $280 per week, offering a return on investment of 6.7% - 7.2% at full purchase price.

Located in close proximity to main services, schools, and parks/playgrounds, this property is well-positioned to take advantage of all the conveniences that this area has to offer.

If you're looking to get into the market at an affordable price point or looking for a promising investment property, contact Charmaine on 0428 656 181 for more information or inspection!

FOR THE INVESTOR

Fixed tenancy: 21/10/2022 - 19/10/2023
Rent per week: $260
Rental appraisal: $260 - $280 per week (appraised 3/4/2023)
Rent return: 6.7% - 7.2%

Land: 865m2 (approx)
Year Built: 1973
Equivalent main area: 120m2
Council rates: $2,317.62 p.a.(2022/23)
Zoning: Suburban Neighbourhood
Easements: Yes
Water available: Yes
Sewer available: No

Property History for 5 Hipwell St, Port Augusta, SA 5700

A timeline of how this property has performed in the market
Last Sold
$193,000
14 Jul 2023
Listed for Rent
19 Oct 2022
  • 14 Jul 2023
    Sold for $193,000
  • 31 Mar 2023
    Listed for Sale UNDER CONTRACT
  • 06 Oct 2022
    Listed 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 4,109 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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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.