Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Port Elliot is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Port Elliot changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Port Elliot necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|3 NORTH TCE, PORT ELLIOT, SA, 5212||3||1||3||$650,000 - $690,000|
Port Elliot Primary School(While the above schools are located with the suburb of Port Elliot there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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