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124 Wiskar Court, Risdon Park$165,000
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124 Wiskar Court

Risdon Park, SA 5540, Australia
$165,000
764 m²

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About this property

STAGE 1 - ONLY 6 REMAINING STAGE 2 - WILL BE RELEASED SHORTLY STAGE 3 - RELEASE DATE COMING SHORTLY Balmoral Estate, a premier residential development, presents a perfect fusion of location, affordability, and lifestyle. After the brilliant success of Kingston Estate, adjacent Balmoral Estate is now available. This newly developed community addresses the increasing demand spurred by the substantial expansion of local businesses and industries in the mid-north region. Its accessibility has been significantly improved by the recent inauguration of the Northern Connector motorway from Adelaide, involving a substantial investment of $867 million. The employment demand in Port Pirie and its neighbouring areas has sparked a highly active real estate market, unlike anything witnessed in many years. While some initially attributed this surge to the impact of the Covid pandemic on the real estate sector, it is now becoming increasingly evident that the allure of Risdon Park and Port Pirie extends beyond just that. More people are recognising the abundant employment opportunities, the ease of living, and the appealing lifestyle that this town has to offer, making Port Pirie and Risdon Park attractive destinations. Presently, as nearby companies and the mining sector undergo expansion, the need for reasonably priced land for residential or investment purposes is in high demand and limited supply. Currently, there is a scarcity of local housing options, with residential properties hitting the market and swiftly finding buyers, while rental properties are consistently leased within the first week. Many new employees hired by these contracted companies are travelling from other regional towns, and in some cases, even from Adelaide, to work in this area. The Port Pirie Regional Council has recognized the pressing need for accommodation in this region and is actively supporting rapid growth. They are swiftly implementing infrastructure improvements and providing incentives to developers and similar entities to facilitate and sustain this growth. Just some of the reasons we love Balmoral Estate: • Generous size Torrens Titles allotments on offer - anywhere between 600m2 and 800m2 available • Connected to mains sewer, mains water, mains power and nbn • House and land packages available upon request • Perfectly laid out estate with a large reserve planned • Port Pirie is a great coastal town and lovely place to live • Significant Port Pirie Regional Council upgrades including the upgrade of the Riverbank Precinct • Numerous projects including a hydrogen production facility, recycling facilities and sports precinct ($25m complex) currently in works With a population of slightly over 15,000, Port Pirie appeals to a wide range of potential buyers who seek generously sized properties, affordable living costs, and a hassle-free lifestyle. Don't hesitate to reach out to Rachel Lawrie on 0428 882 864 today to express your interest in this incredible opportunity, as these properties are expected to sell quickly. RLA 281212

Property Details

Property Type
land
Listing Type
For Sale
Land Area
764 m²
Listed
3 months ago

Repayment calculator

$800/month
$400 /fortnight
Loan $132,000 at 6.10% over 30 years

Upfront costs

Deposit$33,000
Stamp duty$5,430
Conveyancing (est.)$2,000
Total upfront$40,430
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Risdon Park

This land in Risdon Park, SA 5540 sits within reach of local shops local amenities. It is listed 60% below the $415,000 median of 72 comparable landswithin 5 km.

What's nearby

  • Alex's Meat798 m away
  • Unnamed351 m away
  • Unnamed426 m away
  • Port Pirie West Reserve855 m away

Risdon Park at a glance

Full suburb profile
Population
3,878
Median age
43
Household income
$1,096/wk
Median rent
$180/wk
Median mortgage
$1,024/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Risdon Park price trend

Median sold · House 3 bed

Compound growth +17.9% / yr over 4 yrs

$338kcurrent median

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