3/42 Parnkalla Avenue, Port Lincoln SA 5606

3-bedroom unit on 392m² | 1990 build with air-con and robes | Port Lincoln council zoned residential | bushfire overlay present This property offers a rare configuration for Port Lincoln: a three-bedroom unit on a full 392m² lot, giving the buyer effective house-like land holding without the maintenance of a standalone dwelling. The 1990 build with built-in robes and air conditioning places it above the stock of older units in the area, and the Fibre to the Node NBN and 5G coverage support remote work or tenancy appeal. It suits an owner-occupier seeking a low-maintenance foothold in a stable coastal market, or an investor targeting the long-term owner-occupier demographic given the 75% owner-occupancy on the street and 60% long-term residents in the suburb. The bushfire overlay is a material risk that may affect insurance premiums and future redevelopment appetite, though no flood or heritage constraints apply. The property sits in a council area with 28-32 houses currently listed and a median house price of $525,000, meaning this unit is priced at a premium to the local median-this requires the buyer to be confident in the lot size and location premium. The lack of recent comparable sales for this exact property introduces valuation uncertainty, but the rental estimate of $545 per week offers a reasonable yield if financing allows. Hold as a core residential holding in a tight market, or improve the interior to capture the owner-occupier buyer profile.