25 Magor Road, Port Pirie South SA 5540

25 Magor Road, Port Pirie South SA 5540
bushfire risk detected | 1840mΒ² block rare for price | no recent sale comps to guide value | buyer carries zoning uncertainty This property presents a trade-off between land scale and risk exposure. The detected bushfire risk adds insurance cost and may limit financing options for some buyers, while the absence of recent comparable sales data means you are pricing the land speculatively rather than against a market benchmark. The opportunity lies in the 1840mΒ² block at a price point where most alternatives offer half that area, giving you development optionality if zoning permits subdivision or a granny flat. The judgment is this: buy for the land bank and long hold, not for immediate resale. The decisive advantage here is the sheer block size within Port Pirie South cheap entry. A 1840mΒ² allotment at this price is structurally rare in the suburb, where 71% are owner-occupied and turnover is low. The 4 bedrooms and 2 car spaces make it viable as a dual-purpose holdβ€”rent while planning future use. This suits a buyer with patience and tolerance for bushfire overlay who sees land scarcity as the value floor. Your next step is to order a zoning report from the SA Property and Planning Atlas before any offer, then commission a bushfire assessment to quantify insurance impact.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Port Pirie South presents as a high-growth, family-oriented market with strong investor appeal. Demand is driven by buyers seeking affordable entry into the housing market, supported by robust capital growth and attractive rental yields. The market is characterised by rapid sales and limited stock, indicating significant buyer competition. Future momentum hinges on sustained demand for houses, though the imbalance between supply and demand presents a key constraint, with very limited activity in the unit sector.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

1840mΒ²

Assessments Delivered Today

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