27 Cardiff Road, Port Lincoln SA 5606

Near-new contemporary | large 1,264m² block | conflicting 3/2 vs 4/1 layout | priced below 4-bed median This near-new house presents a competitively priced entry into Port Lincoln’s residential market, leveraging a large, single-title block as its core strength. The contemporary design and light-filled interiors cater to modern occupier preferences, while the price positioning just below the suburb’s median for a four-bedroom house creates an immediate value proposition. This property best serves an owner-occupier seeking space and modern finishes, or an investor capitalizing on the suburb’s demonstrated rental yield and growth. The primary risk is the unresolved discrepancy in bedroom and bathroom counts, which directly impacts valuation and functional utility; verifying the actual configuration is a non-negotiable due diligence cost. The significant price appreciation from its 2021 land sale underscores the added value from development, but also limits short-term capital gains. Given the complete lack of planning overlays and the established infrastructure, the commercial logic supports a long-term hold, either as a primary residence to secure a substantial block or as a rental to capture the existing yield. The current asking price of $640,000 sits $10,000 below the reported $650,000 median for a 4-bedroom house in Port Lincoln. This slight discount against the benchmark, combined with the property’s near-new condition, suggests the listing is positioned to attract immediate buyer interest, though the configuration uncertainty may be a contributing factor to this pricing.