OFF MARKET

8 Cain Street
Port Augusta SA 5700

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 94m2
Land area: 574m2
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Last updated 16 Dec 2024
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Property Details for 8 Cain St, Port Augusta

8 Cain St, Port Augusta is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1968. The property has a land size of 574m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1968
Floor Size
94m2
Land Size
574m2
Local Government
Port Augusta
Lot/Plan
A1/D85802

Last Listing description (November 2022)

Presenting a fantastic opportunity to the market for the investor looking to add to their portfolio. With tenants already in place, and a rent return of 7.6%, this is an opportunity not to be missed!

Offering 3 bedrooms and 1 bathroom, this maisonette is set on a 556m2 allotment and conveniently located nearby parks, playgrounds and schools. The floorplan is further comprised of a separate lounge room, combined kitchen and dining, as well as the laundry and separate toilet in the laundry.

Low maintenance yards and plenty of extra space at the rear of the property - don't delay in securing this great investment opportunity!

FOR THE INVESTOR

Current Rent Per Week: $250
Rent Return: 7.6%
Fixed Tenancy: 8/7/22 - 6/7/23

Land: 556m2
Year Built: 1968
Equivalent main area: 93m2
Council Rates: $1,636.78
Zoning: Suburban Neighbourhood
Easements: YES (Shared party wall)
Water available: YES
Sewer available: YES

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Property History for 8 Cain St, Port Augusta, SA 5700

A timeline of how this property has performed in the market
Last Sold
$163,000
29 Nov 2022
Listed for Rent
$220/w
09 Jan 2018
  • 29 Nov 2022
    Sold for $163,000
  • 04 Oct 2022
    Listed for Sale UNDER CONTRACT
  • 09 Jan 2018
    Listed for Rent $220 / week
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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.