OFF MARKET

222 The Terrace
Port Pirie South SA 5540

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 179m2
Land area: 506m2
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Last updated 11 Nov 2024
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Property Details for 222 The Terrace, Port Pirie South

222 The Terrace, Port Pirie South is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1975. The property has a land size of 506m2 and floor size of 179m2.

Building Type
Unit
Year Built
1975
Floor Size
179m2
Land Size
506m2
Local Government
Port Pirie

Last Listing description (March 2015)

Hard to find investment units
Very hard to find in Pirie these three units are absolute beauties and ideal to start or add to your property portfolio.
Set up on a 500sqm plus block with an additional right of way that gives access to the three carports and clothesline. Three units are set up with the same floorplan with a large open living area incorporating the kitchen, meals and lounge room. They all have a generous size bedroom plus the wet areas all incorporated together with laundry area, shower alcove and toilet. They have been very well maintained and all the fittings and carpets in good condition. Two of the units feature split systems and the third a large wall air-conditioner and all have gas ovens and hot water systems. Concreting means very little maintenance and upkeep to look after and the double brick construction add to the minimal fuss they should bring.

Currently $130 per week each ($20,280 gross income) with traditionally a very low vacancy rates and good quality tenants over a long period of time.
Your chance for worry free investing is here, call now!

Property History for 222 The Terrace, Port Pirie South, SA 5540

A timeline of how this property has performed in the market
  • 20 Jan 2015
    Listed for Sale $250,000

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About Port Pirie South 5540

The size of Port Pirie South is approximately 15.4 square kilometres. It has 22 parks covering nearly 2.7% of total area. The population of Port Pirie South in 2011 was 3,744 people. By 2016 the population was 3,948 showing a population growth of 5.4% in the area during that time. The predominant age group in Port Pirie South is 50-59 years. Households in Port Pirie South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Pirie South work in a professional occupation. In 2011, 70% of the homes in Port Pirie South were owner-occupied compared with 66.2% in 2016.

Port Pirie South has 2,117 properties. Over the last 5 years, Houses in Port Pirie South have seen a 97.56% increase in median value, while Units have seen a 65.13% increase. As at 31 October 2024:

  • The median value for Houses in Port Pirie South is $276,349 while the median value for Units is $244,958.
  • Houses have a median rent of $360 while Units have a median rent of $210.
There are currently 2 properties listed for sale, and no properties listed for rent in Port pirie south on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Port pirie south.

Suburb Insights for Port Pirie South 5540

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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.