Port Augusta SA Property Investment
Port Augusta · 5700 · Score: 52/100 · Hold
Port Augusta Short-Term Rental (Airbnb) Market
Port Augusta SA Investment Brief
HOLD — vacancy at 1.8% and $360/wk rent puts this in the top tier of SA yield suburbs.
THE MARKET
Port Augusta has compounded at 1.6%/yr over 5 years — a house that cost $282,653 in 2021 is worth $306,000 today. Properties are sitting on market for 30 days (roughly balanced conditions). At the same growth rate, today's median reaches $331,276 by 2031.
- Median house: $306,000 | Units: $265,453
- Gross yield: 6.1% | Net yield: 4.6%
- 5yr price CAGR: 1.6%/yr | 3yr forecast: 13.5%/yr
- Population: 6,437 | Owner-occupier rate: 55% | Affluence: Low
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 1.8% (improving) | Rental demand: High
- Median weekly rent: $360/wk | Days on market: 30 (stable)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $434/night | Occupancy: 42%
- Estimated annual STR gross: ~$66,523/yr
- vs long-term rent: $18,720/yr (+255% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- Port Augusta Desalination Plant (completed)
- Augusta Highway Duplication (completed)
- Port Augusta Hospital Redevelopment (approved)
- Transport: Neuroodla station 21.3km away
BULL CASE
If Port Augusta maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $351,900 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Port Augusta pull back 10-15% from $306,000, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.
KEY RISKS
- Distance from CBD may limit long-term capital growth potential
COMPARABLE MARKETS
- Elliston (SA): $343,987 median, 3.0% yield, 20.4% 1yr growth
- Orroroo (SA): $252,579 median, 3.1% yield, 11.9% 1yr growth
- Jamestown (SA): $345,820 median, 6.2% yield, -1.5% 1yr growth
THE PLAY
Port Augusta offers balanced fundamentals but does not present an urgent buying signal. The market is in a recovery phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 6.6%.
- Entry range: $275,400 – $336,600
- Minimum gross yield to target: 6.4%
- Watch signal: vacancy staying below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
low confidenceBasis: 5yr CAGR 1.6% + 10yr CAGR 3.7%
- +Low rental vacancy (1.8%) — constrained supply
- −Population decline (-0.2%/yr) — demand headwind
- −High supply pipeline (143 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
17
2020
16
2021
46
2022
52
2023
12
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 5700
Decile 1 of 10 — High disadvantage
Population
11,042
Education (IEO)
1/10
Econ. Resources (IER)
1/10
10-Year Investment Projection
Modelled on Port Augusta SA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $360/wk median rent for Port Augusta. Capital growth and rent increase are editable assumptions.
Analyse a Property in Port Augusta
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.