Port Lincoln is a really nice place with good fishing and some nice restaurants. I think it’s going to be a nice place to have a quiet retirement. Although he bought the home for personal enjoyment more so than an investment, Mr Sellick believes Port Lincoln has excellent potential for capital growth as people seek the lifestyle the town offers. I think over the next five to 10 years we will see a big shift in prices,” he says. Web Copywriting There is always a 1C difference. It doesn’t get as cold and it doesn’t get as hot,” he says. “It’s more of a Mediterranean climate.
Mr Sellick says more competitive airfares with the entry of QantasLink and the impending resumption of the ferry service between Wallaroo and Lucky Bay make accessing the town much easier and cheaper.Accountant Marcus Perry rents a property in Port Lincoln but bought a block of land at Kirton Point last year. If opportunities continue to arise in this town through my work, I will build on the block and live in the house, eventually having this property as a rental investment, Mr Perry says. Port Lincoln provides a great lifestyle, especially if you are an outdoors type of person.
Mr Perry is confident the strong growth in property prices that the town witnessed over the past year will continue and that he is sitting on a solid investment.Offering pristine beaches, good facilities, a temperate climate, relaxed lifestyle and a strong economy, the Eyre Peninsula town is in demand with people young and old.
The median unit price rose 23.8 per cent to $284,691 and the median land price was up 13.6 per cent to $141,957 over the same period. sales director Steve Prout says the town’s fishing industry is the key driver behind rising property prices and that the oil spill in the Gulf of Mexico is creating more opportunities for the town.