Back 74 The Terrace
Off Market

74 The Terrace

Port Pirie West SA 5540

2
1
4
800 m²
House
Last sold for $275,000
Lee JacksonLee Jackson, last sold this property on 20 April 2026 after 55 days on market.

Overview

Secure Lease in Place, Immediate Income Return

Positioned within walking distance to the Port Pirie town centre, this character home sits on a generous allotment and offers investors an opportunity to secure a property with fixed income through to February 2027. Property Configuration: - Two bedrooms - Separate lounge - Separate dining room - Kitchen and bathroom - Enclosed sleepout (office / additional living / storage) Investment Snapshot: - Leased at $335 per week - Fixed tenancy until February 2027 - Approx. $17,420 per annum gross income - Indicative gross yield of ~6.0% at $289,000* External Improvements: - Garage - Shed - Ample off-street parking - Generous allotment 800m2 With a long-term tenancy already secured, this property presents as a straightforward set-and-hold investment with immediate cash flow from day one. Disclaimer *Rental return and yield calculations are approximate only and based on the current asking price. Figures are provided as a guide and do not constitute financial advice. Prospective purchasers should conduct their own investigations and seek independent financial and legal advice. All information provided has been obtained from sources believed to be reliable; however, neither the agent nor the vendor makes any representation or warranty as to its accuracy. RLA228106 Property Code: 12113

Features

2 bedrooms
1 bathroom
4 carspaces
4 open car spaces
800 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Port Pirie West over the last 12 months, the estimated median property value of 74 The Terrace is $245k.

Median value
$245k
Estimated value range
$165k - $330k
Median days on market
60
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Port Pirie West. 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 74 The Terrace

2026
Sold
$275,000
20 Apr 2026 by Lee Jackson, of Wardle Co Real Estate - Port Pirie
2023
Sold
$141,500
Private Sale/Treaty on 11 May 2023 by Sophie Tod, of Blights Real Estate Port Pirie

Happy sellers in Port Pirie West

94%
94% of sellers in Port Pirie West reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Port Pirie West over the last 12 months.

Local market activity for 2 bedroom houses in Port Pirie West

In the last 12 months, 10 two-bedroom houses similar to 74 The Terrace, have been sold.

This represents a 57% decrease in two-bedroom houses sales when compared to the previous 12 months.

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