Back 16 Murdock Street
Off Market

16 Murdock Street

Port Augusta SA 5700

3
1
1
102 m²
585 m²
House
Last sold for $160,000
Nicole FoxNicole Fox, last sold this property on 13 August 2024 after 46 days on market.

Overview

Investment Opportunity with High Rental Yield!

Discover a great investment opportunity with this brick veneer 1/2 maisonette. Currently tenanted on a fixed term lease to Feb 2025, at $265 per week, this property offers a gross return of approx 7.85% on the full purchase price. A good little earner with a solid rental history. Featuring three bedrooms, this home provides comfortable accommodation for tenants. Eat-in kitchen and with timber floorboards throughout adding a touch of warmth and character. The living room is equipped with a wall air-conditioner, ensuring year-round comfort. The original bathroom, though modest, is functional and a single carport offers convenient off-street parking. This property's location is another highlight, within walking distance to the Ryan Mitchell Swimming Pool, Kindy, Primary School and handy Deli, making it an appealing choice. FAQ Certificates of Title - one CT Strata or Community Title - NO, is Torrens Titled Current rent - $265 p.w Current lease - 14/02/2024 - 13/02/2025 Easements - Party Wall Rights & Service Easement(s) for drainage purposes. Council Rates - 2023/2024 Rates are $2,275.56 p.a

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
102 m² floor area
585 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Port Augusta over the last 12 months, the estimated median property value of 16 Murdock Street is $337.63k.

Median value
$337.63k
Estimated value range
$34.5k - $470k
Median days on market
57
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Port Augusta. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Murdock Street

2024
Sold
$160,000
Private Sale/Treaty on 13 Aug 2024 by Nicole Fox, of First National Real Estate Port Augusta
2024
Rented
Undisclosed
Leased on 09 Feb 2024 by First National Real Estate Port Augusta
2020
Sold
$89,000
Private Sale/Treaty on 02 Nov 2020 by Michael Rowbottom, of First National Real Estate Port Augusta

Happy sellers in Port Augusta

92%
92% of sellers in Port Augusta reported that their sale price either exceeded or met their price expectations.

Port Augusta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Port Augusta over the last 12 months.

Local market activity for 3 bedroom houses in Port Augusta

In the last 12 months, 67 three-bedroom houses similar to 16 Murdock Street, have been sold.

This represents a 39% increase in three-bedroom houses sales when compared to the previous 12 months.

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