12 Phillis Street, Port Pirie SA 5540

5-bed family home on 923m² | Built 1990, recently renovated positioning | Strong rental yield at $550/week | Port Pirie South established residential area This substantial family residence offers five bedrooms and two bathrooms across 432m² of building space, constructed in 1990. The property sits on a generous 923-square-metre block with five car spaces and garage facilities, indicating appeal to families requiring multiple vehicles or storage capacity. The configuration suits multi-generational households or families with older children seeking separate living zones. Current listing at $650,000 with estimated rental income of $550 weekly positions it competitively within the regional market. The property features solar panels and reliable NBN Fibre connectivity with 5G mobile coverage, addressing modern connectivity expectations. Location positioning places the residence within Risdon Park Primary School catchment, approximately one kilometre away, with John Pirie Secondary School 1.3 kilometres distant. Port Pirie South represents an established residential pocket with no detected bushfire or flood overlays, reducing environmental risk exposure. Demand characteristics favour owner-occupiers seeking affordable family accommodation in regional South Australia. The rental yield of approximately 8.6% annually suggests investor interest, particularly given regional rental scarcity. The property’s age and size appeal to buyers prioritising space over newer construction, typical in regional markets where land availability exceeds demand. Growth potential remains constrained by Port Pirie’s regional economic base, though stability in family-oriented housing supports consistent valuations. The substantial block size presents future subdivision or expansion opportunities under local planning provisions. Primary risks include regional economic dependency and limited capital growth compared to metropolitan markets, though affordability and yield offset these considerations for investment-focused buyers.