Lot 123 - Balmoral Park Estate - Risdon Park

Description

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Risdon Park is a suburb of Port Pirie in South Australia, located approximately 201 kilometers north of Adelaide. The suburb was established from a private subdivision comprising sections 88, 101, 102, 104, and 107 of the Hundred of Pirie, with its boundaries fixed in 1978 and adjusted in 1995.

The suburb is Risdon Park and located approximately 2.5 hours out of Adelaide, and part of the greater area of Port Pirie. Risdon Park is essentially the newer expansion of Port Pirie.

This is a region that is and will be part of the booming renewable energy and green steel production industry in SA and Australia.  Steady growth and strong yields, this will be a case of getting people investing into the region now, before the Green Energy and steel industries take off and the area sees increased investment and growth. The city itself is well developed with all the major retailers having a presence. It has a strong tourism industry with heritage trails both on foot and by rail, galleries, museums, hotels, and is the gateway to the Flinders Ranges, Outback and Eyre Peninsula. The retail sector is also strong.

The area offers a range of amenities, including educational institutions like Risdon Park Primary School. For recreation, residents can enjoy facilities such as the Port Pirie Golf Club and the BHAS Bowling Club. The suburb also features several parks, providing green spaces for outdoor activities.

In terms of shopping and services, Risdon Park benefits from its proximity to the Port Pirie city center, where a variety of retail outlets, supermarkets, and dining options are available. Transportation is facilitated by local road networks connecting to major highways, making travel to Adelaide and other regional centers accessible.

Overall, Risdon Park offers a blend of residential comfort and access to essential services, contributing to its appeal as a suburban community within the Port Pirie region.

• Property Type: House and Land
• Property Stage: N/A
• Price: $ 675,900.00
• Land Price: $ 125,000.00
• Build Price: $ 550,900.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: N/A
• Completion: N/A
• Land Size: 750
• Area Size: 181.15
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 610.00
• Est. Body Corp.: N/A
• Title Status: August 2025
• Gross Per Week: $ 610.00
• Gross Per Annum: $ 31,720.00
• Gross Yield: 4.69%
• Capital Growth 12 Months: 8.70%
• Capital Growth 10 Year Annualised: 2.81%
• Vacancy Rate: 0.19%