13 Pomery Street, Port Elliot SA 5212
13 Pomery Street, Port Elliot SA 5212
Modern build | single-level living | walkable coastal centre | secure low-maintenance yard | north-facing aspect
This property presents a competitively strong proposition for a buyer seeking a permanent, low-maintenance coastal home. Its 2016 construction with a highly functional, single-level floor plan and quality finishes is rare in Port Elliot, where older stock dominates. The north-facing orientation, solar power, and ducted cooling enhance livability. It serves families and retirees best, given its proximity to the primary school and the secure, fully fenced yard.
The primary risk is the compressed land size at 510mΒ² within a modern estate, which may limit future extension appeal compared to larger legacy lots. The bushfire overlay necessitates insurance considerations. Its commercial logic lies in securing a modern, efficient home in a walkable location where scarcity of new supply supports capital stability. Acquire as a long-term hold for occupancy, as its rental yield aligns with, but does not exceed, the suburb median.
Recent comparable sales indicate strong value support:
– 3 Pomery Street: Larger 535mΒ² lot with 3 beds last sold for $431.5k in 2016, now estimated at $1.045m-$1.145m, demonstrating substantial estate growth.
– 10A Pioneer Avenue: 3-bedroom home guided at $765k-$790k, underscoring the premium for this property’s fourth bedroom and modern build.
This data confirms the subject property’s asking range is supported by the market trajectory for quality homes in this specific estate.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Port Elliot demand is driven by coastal lifestyle appeal, retirement migration and holiday-home interest, with a buyer base skewed toward older owner-occupiers and lifestyle purchasers (~66% OO, older demographic). The market shows tight rental conditions and limited listings (single-digit monthly stock), reinforcing scarcity-driven competition.
The key opportunity is supply constraint supporting long-term value, while the primary risk is thin liquidity and demand volatility tied to tourism and lifestyle cycles. Rental yields remain relatively low, limiting investor depth.
Recent trends show growth moderating after a strong run, with sharp annual gains (~20%) but softer quarterly movement, indicating a shift from rapid expansion to a more stabilised, supply-led market.