65 Tobruk Terrace, Port Lincoln SA 5606
65 Tobruk Terrace, Port Lincoln SA 5606
3 bedrooms, 2 bathrooms, 3 car parking. Single-storey detached house on a 1027m² allotment built in 1984. Includes a 54m² shed and undercover entertaining.
What is competitively strong here is the land and the shed. At over a thousand square metres, the lot is generous for a suburban Port Lincoln house, and the 54m² shed is a rare inclusion that immediately serves tradies, boat owners, or anyone needing serious workshop or storage space. The flexible rumpus room adds further adaptability, making this property suitable for families wanting room to grow, retirees downsizing with hobbies, or investors seeking a tenanted holding with above-average parking and outdoor amenity. The layout prioritises practicality over polish, which is appropriate for its age and positioning in a convenient coastal suburb where space and function are valued more than trend.
The building age may affect value. At 42 years old, the house likely requires some maintenance or updating, particularly to systems like plumbing or roofing that are not detailed in the listings. The estimated value sits notably below the listing range, which suggests the price may be aspirational relative to comparable stock. Buyers should weigh the cost of any deferred maintenance against the land value and shed utility. The tenanted status also means immediate occupancy is not available, which may influence timing for owner-occupiers. These factors do not disqualify the property but should inform how a buyer forms their view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 65 Tobruk Terrace, Port Lincoln SA 5606
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Port Lincoln presents a compelling regional market with robust capital growth, particularly in its unit segment, which is significantly outperforming houses. This suggests strong investor activity and a tightening supply of more affordable entry points. The market demonstrates solid fundamentals with consistent sales volumes and competitive rental yields, indicating sustained demand. While houses move at a steady pace, the exceptional growth in units points to a market responding to affordability pressures. Future performance will hinge on maintaining its economic appeal and managing the balance between new supply and sustained demand from both local upgraders and investors.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
1026m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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