Why smart investors are diving into Port Lincoln

The seafood capital of Australia is a treasure trove of opportunities for property investors looking to make a good catch.

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Port Lincoln is one of the hotspots located in Smart Property Investment’s most recent FAST 50 report, which launched in February 2024.

The report and ranking drew on the insights of a panel of 12 investment experts and recent housing performance drawn from open-source data, and aim to give unparalleled insights into the Australian suburbs which are set for future growth.

For Propertyology research head Simon Pressley, Port Lincoln is “a seaside town which punches well above its weight”.

Located on the southernmost tip of South Australia’s picturesque Eyre Peninsula, Port Lincoln was proclaimed a city in 1978 and is the proud centre for the surrounding region.

Long known for its fishing industry, Port Lincoln is home to an increasingly diverse economy. An impressive 50 per cent of the state’s wheat, barley and oil seed production is based in the Port Lincoln region, and a total $3.2 billion worth of exports are sent to domestic and international markets per year.

As well as agriculture and aquaculture, Port Lincoln’s economy is driven by health care, aged care, manufacturing, mining, tourism, and a nascent renewable energy industry.

In the words of Pressley, Port Lincoln’s strong economy means just one thing for property investors: “Boom times.”

Pressley revealed that “the volume of properties for sale now is only 25 per cent of five years ago,” while “rental supply is effectively zero”.

The median house price in Port Lincoln is still in the mid-$400,000 range – half what the median home costs in Adelaide – while units can be snapped up for under $300,000.

A plethora of good local schools and plenty of aged care facilities make Port Lincoln an ideal choice for buyers and renters of all ages.

Looking forward, there is plenty in the pipeline for Port Lincoln, including the new Lincoln Cove marina, a $290 million renewable energy power project, and a $300 million mixed-use project including a new base for the local fishing fleet.

For investors eyeing out the costal fringes of South Australia, now might be just the right time to check out the Port Lincoln market.

Check out which other suburbs made the cut in the FAST 50 2025 report here.

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