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55-57 Queen Street, Peterborough$320,000
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For Salehouse

55-57 Queen Street

Peterborough, SA 5422, Australia
$320,000
6 bed 2 bath1303 m²

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About this property

A well-maintained maisonette pair positioned on a convenient and sought-after street within easy walking distance to the town centre, local shopping and essential services. Currently configured as a dual-income investment, this low-maintenance property presents an excellent opportunity for the savvy investor looking to expand their portfolio with reliable tenancy already in place. Both homes offer comfortable layouts, practical features and generous rear yards with rear lane access, providing excellent flexibility and future potential. 57 Queen Street A neat and tidy home featuring polished pine floorboards through the living area with an open fireplace creating a warm and inviting atmosphere. The kitchen offers lino flooring, upgraded laminate cabinetry and a freestanding electric oven and cooktop. A small passageway leads to the carpeted bedrooms, while the bathroom includes tiled flooring, single vanity, shower over bath and separate toilet. The laundry is practical with tiled floor and concrete wash trough. Outside, the large rear yard provides ample space for additional shedding, pergola entertaining or further improvements (STCC). Additional features include: - Gas hot water system - Rear lane access - Low maintenance grounds Lease Details: End Date Feb. 2027 currently leased for $200 per week 55 Queen Street Offering polished pine floorboards throughout, this home has a comfortable and functional layout with a lounge room featuring a slow combustion heater for year-round comfort. The kitchen is practical and well positioned with a freestanding electric oven and cooktop. The bedrooms are accessed via a central passageway, with the master bedroom including a ceiling fan. The bathroom contains tiled flooring, single vanity, shower over bath and separate toilet, while the laundry features tiled flooring and a concrete wash trough. Stepping outside, recent upgrades enhance the entertaining appeal with a pergola area enclosed by sliding glass doors for convenient all-weather use. A freestanding carport and small garden shed add further practicality. Additional features include: - Electric hot water system - Rear lane access - Low maintenance outdoor areas Lease Details: Periodic lease, currently leased for $250 per week An excellent opportunity to secure a versatile investment property with dual income potential in the heart of Peterborough. Land Size: 1,303m²* LGA: District Council of Peterborough Zoned: Neighbourhood CT5386/843 RLA228106 Property Code: 12336

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
2
Land Area
1303 m²
Listed
1 month ago

Repayment calculator

$1,551/month
$776 /fortnight
Loan $256,000 at 6.10% over 30 years

Upfront costs

Deposit$64,000
Stamp duty$12,330
Conveyancing (est.)$2,000
Total upfront$78,330
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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 Peterborough

This 6-bedroom house in Peterborough, SA 5422 sits within reach of public transport, local shops and nearby schools. It is listed 45% above the $220,000 median of 22 comparable houseswithin 5 km.

Schools near Peterborough

  • Peterborough Primary Schoolprimary · U, R-6 · CoEd
  • Peterborough High Schoolsecondary · U, 7-12 · CoEd

What's nearby

  • Peterborough (train)438 m away
  • Elders509 m away
  • Victoria Park504 m away
  • Unnamed805 m away
  • Unnamed1.5 km away

Peterborough at a glance

Full suburb profile
Population
1,490
Median age
55
Household income
$706/wk
Median rent
$160/wk
Median mortgage
$569/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Peterborough price trend

Median sold · House 3 bed

Compound growth +23.6% / yr over 4 yrs

$230kcurrent median

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