Port Elliot

POSTAL CODE: SA, 5212
HOUSE

Property investments in PORT ELLIOT did not fare well against the rest of the country last year, registering a median home price decrease of 0.44%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains PORT ELLIOT, 5212 saw average growth in the long term.

Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 51.5 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $850,000.

PORT ELLIOT ranks 259th on the list of best yielding suburbs for rental properties in SA, posting a 3.06% return.

Surburb overview

Port Elliot, located on the Fleurieu Peninsula, is approximately 85 kilometres south of Adelaide’s central business district, making it about an hour’s drive from the city. This picturesque coastal town, known for its historic charm and scenic beauty, is part of the Alexandrina Council. Port Elliot is a popular holiday destination with a population of just over 2,000, which swells during the warmer months due to its appeal as a coastal retreat.

The town attracts a mix of permanent residents, including retirees, families, and those seeking a sea-change lifestyle. Its close proximity to larger centres like Victor Harbor provides easy access to a broader range of services, while public transportation options, including buses, connect Port Elliot to surrounding towns and Adelaide.

Port Elliot’s main street, The Strand, is home to a variety of local shops, cafes, and historic buildings, reflecting its rich heritage. Essential establishments include a primary school and local health services, while more comprehensive healthcare options are available in nearby Victor Harbor.

Recreational activities in Port Elliot are focused around its stunning coastline. Horseshoe Bay is a family-friendly beach known for its safe swimming conditions and striking views. The town’s coastal walking trails, including the popular Port Elliot to Victor Harbor trail, offer breathtaking ocean views and opportunities for whale watching in the winter months. The historic Port Elliot railway station, part of the SteamRanger Heritage Railway, adds to the town’s charm and provides scenic train rides along the southern coast. With its combination of natural beauty and laid-back lifestyle, Port Elliot remains a sought-after destination for both residents and visitors.

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