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38 Forster Street, Port Augusta, SA 5700 For Sale
38 Forster Street, Port Augusta, SA 5700 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Image 38 Forster Street, Port Augusta, SA 5700-Floorplan

38 Forster Street, Port Augusta, SA 5700

$290,000

Other
Type
4
Bedrooms
1
Bathrooms
3
Parkings
785 m²
Area

Published on Monday, July 20, 2026 ( See property details for 38 Forster Street, Port Augusta, SA 5700)

$290,000

Charmaine Budd - Real Estate Agent - Ray White - Port Augusta/whyalla RLA231511
Charmaine Budd Sales Consultant - Port Augusta
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, four-bedroom investment property on a large block with solid rental income and development potential in Port Augusta.

🏡 Property Highlights

  • Excellent investment opportunity with a fixed lease until January 2026
  • Currently generating a rental income of $270 per week with a 4.8% return
  • Generous 785m² block with a blank canvas backyard for future development
  • Light-filled semi-open plan living and dining area for comfortable living
  • Four well-sized bedrooms, including a main with split system air conditioning
  • Convenient location near primary school, sporting complex, and TAFE campus

✨ Key Features

  • Split system air conditioning
  • Built-in linen cupboard
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Pet-Friendly
  • Fully fenced
  • Water tank
  • Sewer available
  • Water available

Port Augusta offers a vibrant community with convenient access to schools, sporting facilities, and educational institutions. The suburb features a mix of established homes and development sites, making it ideal for investors and families alike. Its central location provides easy connectivity to regional amenities and transport links. The area boasts a friendly atmosphere with local parks and recreational options. With ongoing growth and investment, Port Augusta remains a promising location for property buyers seeking value and lifestyle benefits.

What is the current condition of the property and are there any recent renovations?
The property maintains a solid condition typical of its age, with functional living spaces and standard fixtures. There are no recent renovations noted, but the property is well-maintained and ready for occupancy or further updates.
What are the ongoing costs associated with owning this property?
Ongoing costs include council rates, water and sewer charges, and maintenance expenses. The current council rates are to be confirmed, and prospective buyers should verify all costs with the local council.
Is the property suitable for future development or subdivision?
The property is zoned SN - Suburban Neighbourhood, which may allow for development or subdivision subject to council approval. Buyers should consult local planning regulations for specific development opportunities.
Are there any easements or restrictions affecting the property?
No easements are recorded on the property, providing a clear title for potential development or modifications.
What is the potential for increasing rental income?
Based on current market appraisals, rental income could be increased to between $310 and $330 per week, offering potential for higher returns.
Are there any upcoming or planned developments in the area that could affect the property's value or livability? Has the property been inspected for structural issues, pests, or asbestos? Are there any zoning or planning restrictions that could limit future modifications or development? What are the exact boundaries and are there any encroachments or easements? Are there any history of flooding, bushfire risk, or other environmental hazards in the area? What are the details of the current lease, and are there any conditions or clauses that could affect ownership? Are there any outstanding council or water rates, and what are the total costs involved? Is the property compliant with all building codes and safety standards? Are there any planned infrastructure projects or construction nearby that could impact the property? What are the terms and conditions of the current tenancy agreement?

38 Forster Street, Port Augusta, SA 5700 - More Details

$290,000

Situated just a short drive to a local primary school, the Central Oval sporting complex and TAFE campus, this is a great investment opportunity. Currently tenanted, with a fixed lease, this property receives a weekly income of $270 per week and a rent return of 4.8%.

Inside, a semi-open plan living layout maximises space and creates a light feel throughout. The generously sized lounge room flows through a large archway into the adjoining kitchen, enhancing the sense of openness. The kitchen is thoughtfully designed in an L-shape, with a pantry for additional storage space. Accommodating space for a dining table, the shared kitchen and dining room is perfect for casual dining and every day meals.

The property comprises four well sized bedrooms, with bedroom one complete with a split system air conditioner. The remainder of the property is serviced by a split system air conditioner in the lounge room. Tucked away from the main living areas, the bathroom is complete with both a bath and shower, while the toilet is separate. Adjacent the laundry contains a built-in linen cupboard for essential storage space.

Outside, the expansive yard remains a blank canvas, with a patio that extends off the back of the property. Additionally, a single car carport provides covered vehicle parking and direct access to the rear yard.

FOR THE INVESTOR
Fixed lease: 09/01/2026 - 08/01/2027
Current rent: $270 per week
Current rent return: 4.8%
Rent appraisal: $310 - $330 per week

Land: 785m2 (Approx.)
Year Built: 1950
Equivalent main area: 85m2 (Approx.)
Zoning: SN - Suburban Neighbourhood
Easements: NO
Water available: YES
Sewer available: YES
Council Rates: TBC

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy, and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. We do not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.
Type
Other
Bedrooms
4
Bathrooms
1
Parkings
3
Area
785 m²
House Size
85 m²

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