Suburb Profile Report for Naracoorte SA (5271)

Naracoorte House: Median price $245,000, Annual capital growth 4.30%, Number of sales 103, Weekly median advertised rent $250

Naracoorte Unit: Median price $230,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $220

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 16.67% for the last year, Naracoorte, 5271 is the 365th highest performer in Australia in this respect.

A 27.60% growth in median value for property investors in Naracoorte,5271 puts this suburb at number 96th in terms of best performing suburbs in SA

Naracoorte, 5271 is offering SA ‘s 74th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this SA.

With the median price for a house in Naracoorte being $245000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.31%

While Naracoorte,5271 ranked number 6th in SA for increase in median house value (annualised) increase, it is ranked 160th over the last 5 years.

Naracoorte, 5271’s gross rental yield is 4.97%

HOUSE UNIT
$245,000 $230,000
3.59% 17.95%
16.67% N/A
4.30% N/A
$250 $220
103 11
5.31% 4.97%
132.41 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5691
Median household income ($/weekly) 989
Median age of persons 39
Median housing loan repayment ($/monthly) 1181
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 697 12.2
    25-34 years 794 14.0
    35-44 years 728 12.8
    45-54 years 739 13.0
    55-64 years 662 11.6
    Others 2071 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 2081 51.0
    Not Married 1505 36.9
    Defacto Relationship 491 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4672 86.3
    Croatia 32 0.6
    Papua New Guinea 110 2.0
    United Kingdom 179 3.3
    Other 211 3.9
    Others 209 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 95 1.9
    Christianity 3464 67.8
    Islam 150 2.9
    Other Religious Groups 16 0.3
    No Religion 1374 26.9
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 263 13.1
    $600-$799 233 11.6
    $800-$999 234 11.7
    $1,000-$1,249 248 12.4
    $1,500-$1,999 246 12.3
    Others 782 39.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1619 36.8
    Not in the labour force 1436 32.6
    Employed, worked part-time 905 20.6
    Employed, away from work 320 7.3
    Unemployed, looking for work 120 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 452 15.9
    Professionals 303 10.7
    Technicians & trades workers 433 15.2
    Sales 317 11.2
    Labourers 614 21.6
    Others 721 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 89 8.1
    Infants/Primary 512 46.3
    Secondary 287 26.0
    Technical or Further Educational Institution 125 11.3
    University or other Tertiary Institutions 59 5.3
    Others 33 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4968 95.1
    Flat, unit or apartment 177 3.4
    Semi-detached, row or terrace house, townhouse 55 1.1
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 9 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 776 36.0
    Being purchased 769 35.7
    Rented 592 27.5
    Other tenure type 19 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals