1/20 Haigh Street Port Lincoln, 5606 SA

AUCTION CANCELLED - Property Under Contract prior to Auction.

3 1 2

I'm so glad you've stopped to have a look.

Parkview residences are in great demand - In so much demand that the vendor has accepted one of a few offers prior to the Auction.
Here's what the property consisted of ....

The size and location of this property are the great features.
• Spacious 3 bedroom home with 2 way bathroom (with a bath)
• Compact yard with grassed reserve across the road.
• Walking distance to popular places
• 1300m to either Coles or Woolworths.
• 1400m to the foreshore for your choice of cafe's or restaurants - or maybe go for a dip!
• 900m to the Hospital
• 1000m to the High School & 1100m to the primary.

I have a walk through video done - please complete your details on this page and we can it to you ASAP.

OR attend one of the open inspections.

Speak soon -

Regards,
Nigel Christie
Urban & Rural Partners.

PS - I posted the following question into ChatGPT re investment in Port Lincoln - this is the answer (please double check with your financial advisor as I'm not a qualified advisor)

Investing in Port Lincoln's real estate market can be a great opportunity for several reasons, particularly if you're looking at South Australian regional property. Here's why:

1. Strong Local Economy

• Fisheries & Aquaculture Hub - Port Lincoln is Australia's seafood capital, with a thriving tuna, prawn, and oyster industry, creating stable employment and economic growth.

• Tourism - The town attracts tourists for shark cage diving, seafood experiences, and coastal attractions, supporting short-term rental demand.

• Agriculture - The Eyre Peninsula is a major grain-growing region, adding economic diversity.

2. Affordable Property Prices

• Compared to Adelaide and other coastal towns, Port Lincoln remains relatively affordable.

• You can secure large blocks or waterfront properties at lower prices than metropolitan areas.

3. Population & Rental Demand

• The population is stable, with consistent demand for rentals, particularly from workers in fisheries, agriculture, and tourism.

• A limited rental supply means strong rental yields and low vacancy rates.

4. Lifestyle Appeal

• A relaxed coastal lifestyle with stunning beaches, national parks, and world-class seafood attracts both retirees and sea-changers.

• Strong community amenities, including schools, hospitals, and sporting facilities, make it attractive for families.

5. Infrastructure & Government Investment

• Ongoing regional development and infrastructure projects improve connectivity and services.

• The South Australian government continues to support regional towns with incentives and infrastructure upgrades.

6. Potential for Capital Growth

• While Port Lincoln hasn't seen rapid price spikes like major cities, it has steady long-term growth, making it a good buy-and-hold investment.

• Future demand for lifestyle properties could further push values up.

Should You Invest?

If you're looking for affordable property, high rental yields, and strong economic fundamentals, Port Lincoln presents a solid investment opportunity.


Population & & Renters Vs Owners (via chat gpt also)

As of June 30, 2023, the City of Port Lincoln has an estimated population of 15,018.

Regarding housing tenure, 58% of households in Port Lincoln are either purchasing or fully own their homes, while 23.6% are renting privately, and 8.5% are in social housing.

This indicates that approximately 58% of properties are owner-occupied, and around 32.1% are rentals (combining private rentals and social housing).

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Inspect

Inspection of this property is available strictly by arrangement only.

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