Suburb Profile Report for Naracoorte SA (5271)

Naracoorte House: Median price $265,000, Annual capital growth 3.40%, Number of sales 108, Weekly median advertised rent $270

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Naracoorte, 5271 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 12.77%.

Taking the average capital gain, or increase in median house value, Naracoorte,5271 has racked up an average of 12.77% over the period. This ranks it number 2278th in the whole country for real estate investors looking at median house price increases.

Naracoorte5271 is located in SA which offers an average discount of -6.73% to property investors. Naracoorte itself is showing figures that indicate -7.36% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Naracoorte being $265000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.30%

Metrics i HOUSE UNIT
$265,000 N/A
0.95% N/A
12.77% N/A
3.40% N/A
$270 N/A
108 N/A
5.30% N/A
129.813559322034 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Naracoorte SA
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
Chart Table