3/40 Forster Street, Port Augusta, SA 5700 sold on 09 September 2025 | OnTheHouse
 
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Sold on 09 Sep 2025 for $430,000

3/40 Forster Street
Port Augusta SA 5700

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Land area: 784m2
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First National Real Estate Port Augusta
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Property Details for 3/40 Forster St, Port Augusta

3/40 Forster St, Port Augusta is a 6 bedroom, 3 bathroom Unit and was built in 1987. The property has a land size of 784m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 6 bedroom Unit sold in Port Augusta in the last 12 months.

Building Type
Unit
Year Built
1987
Land Size
784m2
Local Government
Port Augusta

Last Listing description (September 2025)

Set in a convenient location within walking distance to a primary school, medical centre, pharmacy, and a handy corner deli, this solid investment package comprises of three units on one title. Built circa 1987, the property offers immediate income with all 3 units currently occupied.

Currently returning a combined $585 per week, with a scheduled rent increase on 18/08/2025 taking the total weekly income to $660 p.w, this is an ideal opportunity for investors

Two of the units are attached, while the third enjoys the privacy of a standalone layout. Each unit features:

Open plan living, dining, and kitchen area
Two bedrooms
Combined bathroom and toilet
Practical laundry facilities
Split system or wall unit air-conditioning
Low-maintenance flooring throughout
Private rear yards

With its practical design, reliable tenancies, and rental return, this is a rare chance to secure a multi-income property.

An added bonus another identical set of units is available just metres away. Refer to the separate listing for details - Units 1,2 & 3/36 Forster Street Port Augusta.

Current tenancy details, rent and quarterly water contributions;
Unit 1/40 Forster Fixed lease: 10/05/2025 to 08/05/2026 | $225 per week - plus $100 water contribution per quarter
Unit 2/40 Forster Periodic lease | $150 per week (increasing to $225 from 18/08/2025) - plus $22.87 water contribution/share of supply per quarter
Unit 3/40 Forster Fixed lease: 13/06/2024 to 12/06/2025 | $210 per week - plus $100 water contribution per quarter

Video Link available upon request
Council Rates (2024/2025): $4,947.40 p.a (combined)

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Property History for 3/40 Forster St, Port Augusta, SA 5700

A timeline of how this property has performed in the market
Last Sold
$430,000
09 Sep 2025
Listed for Rent
$190/w
29 Apr 2016
  • 09 Sep 2025
    Sold for $430,000
  • 08 Jul 2025
    Listed for Sale Under Offer
  • 29 Apr 2016
    Listed for Rent $190 / week
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About Port Augusta 5700

The size of Port Augusta is approximately 20.5 square kilometres. It has 47 parks covering nearly 9.2% of total area. The population of Port Augusta in 2016 was 6562 people. By 2021 the population was 6437 showing a population decline of 1.9% in the area during that time. The predominant age group in Port Augusta is 50-59 years. Households in Port Augusta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Augusta work in a community and personal service occupation.In 2021, 53.40% of the homes in Port Augusta were owner-occupied compared with 54.70% in 2016.

Port Augusta has 4,084 properties. Over the last 5 years, Houses in Port Augusta have seen a 105.52% increase in median value, while Units have seen a 61.35% increase. As at 31 October 2025:

  • The median value for Houses in Port Augusta is $288,654 while the median value for Units is $268,820.
  • Houses have a median rent of $350 while Units have a median rent of $280.
There are currently 26 properties listed for sale, and 10 properties listed for rent in Port augusta on OnTheHouse. According to Cotality's data, 217 properties were sold in the past 12 months in Port augusta.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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