Peterborough country home listed for sale by mortgagee for under $100,000

A country home in the mid-north South Australian town of Peterborough has been listed for sale by mortgagee.

Situated at 110 Queen Street, the property was advertised as mortgagee on realestate.com with a price tag of $99,000.

The home’s offerings include three bedrooms and one bathroom, plus a brick extension that could be made into an office or fourth bedroom.

Set on an expansive 1,011sqm block of land, the home comes with a rear lobby, underground rainwater tank, bullnose verandah and abundant storage space.

According to CoreLogic data, the median house price for Peterborough is $64,000.

This home last traded for $89,000 in 2005.

It is located within walking distance to Main Street, high school and the hospital.

Nutrien Harcourts’ Jeff Oakley and Gerda Oakley hold the listing.