1/2 London StreetPort Lincoln SA 5606
Property Details for 1/2 London St, Port Lincoln
1/2 London St, Port Lincoln is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970.
Last Listing description (November 2013)
THREE SUPERB UNITS ON ONE TITLE - OCEAN VIEWS TOO!!
Outstanding opportunity for the astute investor to community title or potentially subdivide into three titles (Subject to council consents). Super block of three 1 bedroom units in the quiet neighbourhood of Kirton Point with superb sea views. Off street, undercover parking for three vehicles. Fully rented and perfect for the investor with approximately 6% rent return on investment. Unit 1 currently rented at $150 per week, Unit 2 at $155 per week and Unit 3 at $160 per week. Each unit is partially furnished and contains one bedroom, convenient open kitchen/ dining area and bathroom with shower, toilet and vanity. Provisions for washing machine. Unit 3 has been renovated and boasts a modern kitchen and bathroom. With the impending mining boom on the Eyre Peninsula and potential capital growth in Port Lincoln, this the perfect time to invest in three sensational units!
Property History for 1/2 London St, Port Lincoln, SA 5606
- 19 Aug 2013Listed for Sale $365,000 - $370,000
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About Port Lincoln 5606
The size of Port Lincoln is approximately 34.2 square kilometres. There are 64 parks, covering nearly 5.9% of the total area. The population of Port Lincoln in 2016 was 14120 people. By 2021 the population was 14458 showing a population growth of 2.4% in the area during that time. The predominant age group in Port Lincoln is 30-39 years. Households in Port Lincoln are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Port Lincoln work in a professional occupation.In 2021, 62.00% of the homes in Port Lincoln were owner-occupied compared with 61.10% in 2016.
Port Lincoln has 8,901 properties. Over the last 5 years, Houses in Port Lincoln have seen a 100.40% increase in median value, while Units have seen a 82.41% increase. As at 31 August 2026:
- The median value for Houses in Port Lincoln is $591,984 while the median value for Units is $390,346.
- Houses have a median rent of $550 while Units have a median rent of $430.
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