OFF MARKET

44 Stokes Terrace
Port Augusta West SA 5700

Bedrooms: 6
Bathrooms: 2
Car spaces: 6
Floor area: 91m2
Land area: 809m2
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Last updated 16 Sep 2024
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Property Details for 44 Stokes Tce, Port Augusta West

44 Stokes Tce, Port Augusta West is a 6 bedroom, 2 bathroom House with 6 parking spaces and was built in 1950. The property has a land size of 809m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1950
Floor Size
91m2
Land Size
809m2
Local Government
Port Augusta
Lot/Plan
A11/D48981

Last Listing description (July 2023)

Invest in Port Augusta with this double maisonette that presents an excellent opportunity for investors seeking a property with a reliable dual income stream. Both sides of the property are currently occupied by long-term tenants, with fixed leases in place providing the assurance of steady rental income.

Each side of the property features 3 bedrooms and 1 bathroom. The property is in close proximity to schools and early childhood facilities, the nearby grocery store, chemist and doctor, as well as pubs, restaurants and a popular cafe.

For the Investor, 44 Stokes Terrace has a fixed lease in place until 1/3/2024 at $225 per week, and 46 Stokes Terrace has a fixed lease until 31/5/2024 at $225 per week.

With long term tenants and fixed leases in place, this property presents a great investment opportunity that is not to be missed. This property offers a strong rental return of 9.5%, making it a highly attractive investment opportunity for investors seeking a promising rental property to expand their portfolio. Contact Charmaine on 0428 656 181 for more information or inspection.

FOR THE INVESTOR

44 Stokes Tce, Port Augusta West:
Fixed Tenancy: 2/3/2023 - 1/3/2024
Rent per week: $225

46 Stokes Tce, Port Augusta West:
Fixed Tenancy: 1/6/23 - 31/5/2024
Rent per week: $225

Total Rent Return: 9.5%

Land: 1,618m2
Year Built: 1950
Equivalent main area: 91m2 (per dwelling)
Council rates: 44 Stokes Tce: $1,906.03 p.a.(2022/23) - 46 Stokes Tce: $1,889.55 p.a.(2022/23)
Zoning: Suburban Neighbourhood
Easements: No
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.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

Property History for 44 Stokes Tce, Port Augusta West, SA 5700

A timeline of how this property has performed in the market
Last Sold
$258,601
05 Jul 2023
Listed for Rent
$165/w
24 May 2016
  • 05 Jul 2023
    Sold for $258,601
  • 26 May 2023
    Listed for Sale UNDER CONTRACT
  • 01 Feb 2016
    Listed for Rent $165 / week
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About Port Augusta West 5700

The size of Port Augusta West is approximately 83 square kilometres. It has 26 parks covering nearly 3.5% of total area. The population of Port Augusta West in 2011 was 4,153 people. By 2016 the population was 4,035 showing a population decline of 2.8% in the area during that time. The predominant age group in Port Augusta West is 50-59 years. Households in Port Augusta West are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Augusta West work in a community and personal service occupation. In 2011, 56.4% of the homes in Port Augusta West were owner-occupied compared with 56.2% in 2016.

Port Augusta West has 2,345 properties. Over the last 5 years, Houses in Port Augusta West have seen a 81.13% increase in median value, while Units have seen a 30.58% increase. As at 31 August 2024:

  • The median value for Houses in Port Augusta West is $260,364 while the median value for Units is $169,744.
  • Houses have a median rent of $350 while Units have a median rent of $285.
There are currently 41 properties listed for sale, and 6 properties listed for rent in Port augusta west on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Port augusta west.

Suburb Insights for Port Augusta West 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.