194 & 194A Mead Street, Peterhead, SA 5016 | BlockOfUnits for sale | OnTheHouse
FOR SALE
Notice of offer 10th August USP

194 & 194a Mead Street
Peterhead SA 5016

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
Floor area: 182m2
Land area: 509m2
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Dual Key. Dual Income. One Outstanding Investment.

Approx. $1,200 Per Week Rental Return | Ideal for SMSF & Savvy Investors
Some investments simply work harder than others.
Welcome to 194 & 194A Mead Street, Largs North-a rare dual-key property delivering two self-contained residences on one title, multiple income streams and the kind of flexibility investors search for but rarely find.
Whether you're building a Self-Managed Super Fund portfolio, expanding your investment holdings or seeking a high-performing property with strong rental demand, this is an opportunity designed to generate income from day one.
Front Residence
A fully self-contained home featuring:
• 1-2 bedrooms
• Spacious open-plan living
• Well-appointed kitchen
• Renovated bathroom/laundry
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Property Details for 194 & 194a Mead St, Peterhead

194 & 194a Mead St, Peterhead is a 5 bedroom, 2 bathroom BlockOfUnits with 4 parking spaces and was built in 1900. The property has a land size of 509m2 and floor size of 182m2. The place is currently for sale with One Point Eight Real Estate.

Building Type
BlockOfUnits
Year Built
1900
Floor Size
182m2
Land Size
509m2
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About Peterhead 5016

The size of Peterhead is approximately 0.7 square kilometres. There are 2 parks, covering nearly 1.9% of the total area. The population of Peterhead in 2016 was 1117 people. By 2021 the population was 1201 showing a population growth of 7.5% in the area during that time. The predominant age group in Peterhead is 30-39 years. Households in Peterhead are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Peterhead work in a professional occupation.In 2021, 70.30% of the homes in Peterhead were owner-occupied compared with 67.10% in 2016.

Peterhead has 660 properties. Over the last 5 years, Houses in Peterhead have seen a 74.22% increase in median value, while Units have seen a 125.86% increase. As at 31 July 2026:

  • The median value for Houses in Peterhead is $927,028 while the median value for Units is $692,965.
  • Houses have a median rent of $600 while Units have a median rent of $325.
There are currently 2 properties listed for sale, and 1 property listed for rent in Peterhead on OnTheHouse. According to Cotality's data, 20 properties were sold in the past 12 months in Peterhead.

Suburb Insights for Peterhead 5016

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Michael Gleeson
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One Point Eight Real Estate
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.