8/11 South Point Drive, Port Lincoln SA 5606
8/11 South Point Drive, Port Lincoln SA 5606
Townhouse, marina precinct, low-maintenance | Waterfront lifestyle positioning | Gated estate, tightly held | Downsizer and lifestyle demand | Bushfire overlay noted
This townhouse sits within a deliberately planned, gated marina estate that is genuinely uncommon for Port Lincoln. The configuration is compact but well resolved, with living spaces on the ground floor and bedrooms above, which suits buyers wanting single-level convenience without sacrificing separation. The estate’s landscaping, shared amenities, and direct access to the marina and coastal trail create a lifestyle product that standard suburban housing in the region simply does not offer. It is best suited to downsizers or owner-occupiers prioritising security, low upkeep, and a water-adjacent setting over maximum floor area. The two-level design and waterfront or reserve orientation are the strongest structural features, giving the property a resort-like feel that holds appeal across a narrow but committed buyer pool.
The bushfire overlay is the most material constraint, as it may influence insurance costs and perceived risk for some purchasers. The moderate rental estimates relative to the likely purchase price suggest the property is more lifestyle-led than investment-driven, so value is tied to how strongly a buyer values the marina setting and estate amenity. The staggered two-level layout may not suit everyone, and the compact footprint means there is limited scope for major internal changes without strata considerations. Buyers should weigh the premium paid for the gated, waterfront positioning against the practical limitations of a smaller townhouse.
|| Comparable Sales: 8/11 South Point Drive sold 2022 at $400,000; 9/11 South Point Drive sold 2022 at $89,000 | Property Price Band: $400,000–$500,000 | Value Drivers: Marina-facing position, estate condition, layout functionality
Detailed Independent Property Report prepared by PropCred Analyst team for 8/11 South Point Drive, Port Lincoln SA 5606
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Port Lincoln, a South Australian coastal regional centre, is experiencing strong price and rental momentum. House medians range from $493,000 to $535,000 depending on source, with annual growth of 11.75% to 13.8%. Units show sharper divergence: one source places the median at $437,000 with 24.86% annual growth, another at $340,000 with 9.7%. Rental demand is solid, with house yields near 5% and unit yields at 5.51%, drawing investor interest. Sellers are achieving reasonable turnover, with houses averaging 34–56 days on market and annual sales volumes between 157 and 231. Solid yields and capital growth underpin demand, though the lack of vacancy, supply, and rate-sensitivity data leaves some risk unquantified.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 8/11 South Point Drive sold 2022 at $400,000; 9/11 South Point Drive sold 2022 at $89,000 | Property Price Band: $400,000–$500,000 | Value Drivers: Marina-facing position, estate condition, layout functionality
Bedrooms
3
Bathroom
2
Parking
1
Land
394m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!