60 Carlton Parade, Port Augusta SA 5700
60 Carlton Parade, Port Augusta SA 5700
1946 build | 3 beds, 1 bath | 510m² SN zoned lot | Strong rental yield | Near schools & amenities
This house presents a competitively priced entry into a convenient residential location, serving first home buyers and investors most directly. Its core strength is the combination of a standard suburban lot with a solid, smaller-scale dwelling that generates a strong estimated rental yield, positioned close to essential infrastructure like schools and TAFE. The absence of overlays simplifies due diligence, while the zoning supports its use as a straightforward rental or live-in opportunity.
The decision hinges on accepting a dated floorplan from 1946 that demands a cosmetic refresh, trading modern finishes for lower entry cost. The compressed building size limits internal living space against the lot potential. For an investor, the yield justifies the hold; for an owner-occupier, the budget must accommodate immediate updates. Proceed with a valuation conditional on building inspection, targeting a purchase below the estimated median for similar stock to reserve capital for improvements.
Detailed Independent Property Report prepared by PropCred Analyst team for 60 Carlton Parade, Port Augusta SA 5700
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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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
3
Bathroom
1
Parking
3
Land
510m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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