Port Augusta is a mid-sized suburb in South Australia within the Port Augusta local government area (postcode 5700). With a population of 6,437, the suburb has an established demographic with a median age of 39. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
Units have a median price of $219,000 (-2.8% YoY). The current median weekly rent is $325. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $979.
Port Augusta is served by 6 schools, including 2 primary, 1 secondary, 2 combined, 1 special. The average ICSEA score is 805, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Port Augusta LGA is higher than average at 41,961 incidents per 100,000 population.
From an investment perspective, Port Augusta offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($219K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved -2.8% year-on-year.
Port Augusta is a mid-sized suburb in South Australia within the Port Augusta local government area (postcode 5700). With a population of 6,437, the suburb has an established demographic with a median age of 39. Households earn a median income of $57K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, labourers, professionals. The top ancestries reported are Australian, English, Aboriginal Australian.
Units have a median price of $219,000 (-2.8% YoY). The current median weekly rent is $325. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $979.
Port Augusta is served by 6 schools, including 2 primary, 1 secondary, 2 combined, 1 special. The average ICSEA score is 805, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Port Augusta LGA is higher than average at 41,961 incidents per 100,000 population.
From an investment perspective, Port Augusta offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($219K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved -2.8% year-on-year.