21 King Street, Port Augusta SA 5700

21 King Street, Port Augusta SA 5700
4-bedroom house | Port Augusta | 689mยฒ lot | solar panels The four-bedroom configuration on a 689mยฒ lot is rare in this price tier, offering genuine space for a growing family without paying a premium for land beyond use. The 1960s build with solar panels and FTTP gives a lower outgoings profile than comparable older stock, and the absence of bushfire, flood, or heritage overlays simplifies insurance and future renovations. This property suits a buyer who needs room to spread out and values functional land over cosmetic finish. The main risk is the single bathroom, which limits appeal to families with multiple children and may cap resale velocity. The $240,000 2024 sale and current $439,000 list price show a sharp jump that needs justification from market movement or improvements. The 20% building coverage leaves room for a shed or extension, and the owner-occupied street profile suggests stable neighbourhood demand. Buyers should negotiate hard on price and hold for at least five years to absorb the recent uplift.

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

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Market Insight:

Port Augusta is an affordable regional centre experiencing a significant market upswing, driven by buyers seeking value beyond capital cities. This demand has fueled exceptionally strong recent price growth, reflecting a competitive and active market with a high volume of sales. Future momentum is linked to its sustained appeal as a cost-effective alternative, though its reliance on this single demand driver presents a notable concentration risk.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

3

Land

689mยฒ

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