32 Mills Ave, Port Noarlunga is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1974. The property has a land size of 786m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
This four bed, 2 bath family home is well-loved by the current long-term tenants, making this an ideal investment choice well into the future. The large rumpus room is currently utilised as a granny flat and ensures maximum rent with the property attaining a market yield of around 5% gross. The tenants are on a fixed term lease and may renew providing long term income from this no-brainer investment!
The block has a huge 19.51m (approx) frontage which could allow for future subdivision and the potential to develop and prosper (STCC). There are no easements, encumbrances or significant trees and concept plans are available for four double storey dwellings making this a unique opportunity (please note concept plans are not currently council approved).
When buying property to expand your portfolio and subsequently create wealth it's all about great tenants and LOCATION, LOCATION, LOCATION and this home has it all. It is a mere 830 metres (approx) from Noarlunga Centre Station, close to the Colonnades Shopping Mall and a short walk to bustling Beach Road, providing easy access to excellent shops, cafes and transport. The other appeal for tenants and a reason for future capital growth is the proximity to the beautiful sands of Christies Beach. The local amenities of Port Noarlunga makes this a suburb ideal for investment and development.
The size of Port Noarlunga is approximately 2.6 square kilometres. There are 7 parks, covering nearly 59.7% of the total area. The population of Port Noarlunga in 2016 was 2918 people. By 2021 the population was 3245 showing a population growth of 11.2% in the area during that time. The predominant age group in Port Noarlunga is 50-59 years. Households in Port Noarlunga are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Port Noarlunga work in a professional occupation.In 2021, 68.70% of the homes in Port Noarlunga were owner-occupied compared with 67.20% in 2016.
Port Noarlunga has 1,691 properties. Over the last 5 years, Houses in Port Noarlunga have seen a 116.21% increase in median value, while Units have seen a 100.61% increase. As at 30 June 2026:
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