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Port Pirie South

POSTAL CODE: SA, 5540
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 44.68% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $340,000

The augmented property values in the suburb are trailing above the territorial average of 10.06% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $420.

Home owners selling their properties and realtors in PORT PIRIE SOUTH usually have to wait an average of 59.9 days days before their assets are lifted off the market.

The SA suburb ranks 9th on the list of best yielding suburbs for rental properties in SA, posting a 6.42% return.

It also places places 417th in Australia based on median property value growth during the quarter.

Surburb overview

Port Pirie South, located across the river from the main township of Port Pirie, sits approximately 225 kilometres north of Adelaide’s central business district. As a part of the Port Pirie Regional Council, this small suburb has a close-knit community and is primarily residential, with many homes offering views of the Spencer Gulf. Port Pirie South shares many amenities and services with Port Pirie, the larger urban centre directly across the John Pirie Bridge.

The population of Port Pirie South is part of the broader Port Pirie region, which is home to around 14,000 people. The area attracts a mix of families, workers, and retirees, many of whom are employed in industries such as smelting, manufacturing, and agriculture. Public transportation is available, with local bus services connecting residents to nearby suburbs and regional hubs. Most residents, however, rely on private vehicles for commuting and daily activities.

Port Pirie South benefits from its proximity to Port Pirie, where essential establishments such as schools, healthcare services, and shopping facilities are located. The Port Pirie Hospital and various educational institutions, including primary and secondary schools, are all within easy reach. Additionally, the suburb’s close connection to the industrial heart of Port Pirie provides job opportunities in the nearby factories and plants.

Recreational activities are plentiful, with the town’s proximity to the Spencer Gulf offering opportunities for fishing, boating, and water sports. The nearby Solomontown Beach, located in Port Pirie, provides a relaxing spot for swimming and picnicking. Port Pirie South also has access to parks, walking trails, and sports facilities. The region’s rich industrial history can be explored at the Port Pirie Regional Tourism and Arts Centre, providing insight into the area’s development and cultural heritage.

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