The post-budget guide to commercial property investing

Port Pirie West

POSTAL CODE: SA, 5540
HOUSE
PORT PIRIE WEST ranks 4th in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 37.93% for the past year is higher than average compared to its 172.73% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in PORT PIRIE WEST, the median home price is sitting at $300,000, and the average rent at $372.5, this suggests property owners could potentially earn a 6.46% increase in gross rental yield.

Property investors have seen a -3.23% drop in PORT PIRIE WEST based on a decrease in median home prices for the past three months.

They believe that homeowners and real estate investors betting on PORT PIRIE WEST, 5540 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 37.93%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 11.82% growth over a ten-year period. It ranks 3857th on our list of suburbs that property investors should look into.

Surburb overview

Port Pirie West is a small residential suburb located just west of the main township of Port Pirie, approximately 225 kilometres north of Adelaide. It falls under the Port Pirie Regional Council and shares its infrastructure and services with the larger Port Pirie area. The suburb is primarily residential, with many of its inhabitants working in nearby industries such as smelting and agriculture, which have long been the backbone of Port Pirie's economy.

The population of Port Pirie West is part of the broader Port Pirie community, which has around 14,000 residents. The suburb attracts a mix of families, professionals, and retirees, many of whom are employed in the local manufacturing and industrial sectors. Public transport is available through regional bus services that connect Port Pirie West to other parts of Port Pirie and surrounding areas, although private vehicles are the most common mode of transport.

Port Pirie West enjoys convenient access to the essential services provided by the nearby Port Pirie township. These include healthcare facilities like Port Pirie Hospital, various educational institutions, and shopping centres, including the Port Pirie Plaza. Residents of Port Pirie West can also enjoy the town’s recreational facilities, which include parks, sports grounds, and public swimming pools.

The suburb is close to the Spencer Gulf, where locals and visitors can enjoy fishing, boating, and other water-based activities. Solomontown Beach and the Port Pirie foreshore are popular destinations for relaxation and family outings. The area’s industrial history is reflected in local attractions such as the Port Pirie Regional Tourism and Arts Centre, which highlights the town’s rich heritage in smelting and manufacturing, making Port Pirie West a suburb that combines residential comfort with proximity to both industrial and recreational amenities.

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