2/47 Baltimore Street, Port Lincoln SA 5606
2/47 Baltimore Street, Port Lincoln SA 5606
Near waterfront suburb | 2019 built villa | 4 bedrooms, 4 car spaces | no flood or bushfire risk
This 2019 villa on a 500mยฒ lot offers rare configuration edge for Port Lincoln: four bedrooms plus four off-street car spaces in a newer build with no detected natural hazard overlays. The floorplan suits a family or investor seeking low-maintenance living without compromising on space. Its residential zoning and proximity to Kirton Point Primary School position it well for owner-occupiers, while the rental estimate of $580 per week suggests solid yield potential in a market where newer stock is scarce.
The main risk is valuation uncertainty-reported estimates range from $430,000 to $658,000, which means a buyer must anchor due diligence to recent comparable sales rather than list price. The NBN FTTN connection is adequate but not a premium feature. The strongest opportunity is the combination of recent construction and four-car accommodation, rare in this price bracket. Hold as a long-term family home or rent-hold for steady income; the lack of overlay risk simplifies insurance and resale.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Port Lincoln presents a compelling regional market with robust capital growth, particularly in its unit segment, which is significantly outperforming houses. This suggests strong investor activity and a tightening supply of more affordable entry points. The market demonstrates solid fundamentals with consistent sales volumes and competitive rental yields, indicating sustained demand. While houses move at a steady pace, the exceptional growth in units points to a market responding to affordability pressures. Future performance will hinge on maintaining its economic appeal and managing the balance between new supply and sustained demand from both local upgraders and investors.