25 Hemmons Street, Port Pirie West SA 5540
25 Hemmons Street, Port Pirie West SA 5540
This is a single-level detached house built in 2010, with three bedrooms, one bathroom, two car spaces, and a 603-square-metre lot. The 205-square-metre building includes tiled living areas, a modern kitchen with a breakfast bar, and a central bathroom. A 20×20-foot shed with concrete floor provides substantial storage, and a reverse-cycle split system handles heating and cooling.
This property is competitively positioned as a modern, low-maintenance home on a full-size block, which is a rare combination in this suburb. Built in 2010, it avoids the maintenance concerns of older stock while offering a generous shed and carport that appeal to buyers needing workspace or storage. The existing tenancy at a strong rental yield makes it equally suited to an investor seeking immediate income and to an owner-occupier wanting a move-in-ready home on a quiet outskirts street. Its configuration and age give it a clear edge over older homes in the area, and the block offers genuine scope for landscaping without being overwhelming.
The bushfire overlay is a material factor that may affect insurance costs and any future structural changes, though the existing house already complies. The property’s price sits above many comparable homes in the suburb, which means a buyer should verify whether the modern finishes and shed justify the premium. The electric kitchen appliances may be a minor consideration for those who prefer gas, but this is unlikely to be a dealbreaker given the overall condition. The 16-year-old construction is still relatively young, but a building inspection would confirm the condition of the roof and mechanical systems.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Hemmons Street, Port Pirie West SA 5540
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Port Pirie West presents as a tightly held, working-class suburb with a strong owner-occupier base, primarily attracting childless couples. Demand is currently driven by investors seeking high rental yields and capitalising on exceptionally strong recent capital growth, supported by a rental market with extremely low vacancy. This has created a healthy, active market with competitive conditions. Future growth is underpinned by this sustained investor interest and high rental demand, though affordability constraints and sensitivity to interest rate movements present key risks for both buyers and existing mortgagors.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
603m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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