Naracoorte

POSTAL CODE: SA, 5271
HOUSE

NARACOORTE, 5271 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling NARACOORTE, 5271 values up and netting property investors a capital gain of 5.26% for the past year.

Investors saw the median home price rise to $400,000.

Profits due to an upward trend in home prices in the suburb averaged 7.07% per annum over a 3-year period.

NARACOORTE now ranks at the 185th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in NARACOORTE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NARACOORTE, homes and units usually stay on listing for an average of 61 days.

In 2016, 139 properties were sold in NARACOORTE during the past year, making it the 419th most active market in SA based on total real estate transactions.

Surburb overview

Naracoorte is a major regional town situated approximately 336 kilometres southeast of Adelaide and about 100 kilometres north of Mount Gambier. It lies within the Limestone Coast region and is part of the Naracoorte Lucindale Council. Known for its rich agricultural history, natural attractions, and growing community, Naracoorte serves as a central hub for the surrounding rural areas.

With a population of around 5,500 people, Naracoorte is a bustling town with a diverse demographic. The town is deeply rooted in agriculture, and is also known for its tourism industry. Public transportation in Naracoorte is limited, and most residents rely on private vehicles for commuting. The town is accessible via the Riddoch Highway, which connects it to Mount Gambier and Adelaide. Naracoorte is well-connected by road, and the town serves as a regional transport hub for agricultural produce.

The town is home to several schools, which include Naracoorte Primary School, Naracoorte High School, and Naracoorte South Primary School, providing quality education from Reception to Year 12. Additionally, there are early childhood facilities and childcare services available for younger children.

Healthcare services in Naracoorte are well-established, with the Naracoorte Health Service providing a range of medical services, including emergency care, general healthcare, and specialist clinics. The town also has several medical clinics, allied health services, and a pharmacy, ensuring residents have access to quality healthcare.

Recreational opportunities in Naracoorte are plentiful, with a variety of parks, sporting clubs, and reserves available for outdoor activities. The Naracoorte Swimming Lake, a man-made lake, is a popular spot for locals and tourists during the warmer months, offering a family-friendly environment for swimming and relaxation.

One of Naracoorte’s key attractions is the Naracoorte Caves National Park, which is a UNESCO World Heritage-listed site. The park is known for its extensive cave system and fossil deposits, which provide insights into the region’s prehistoric past.

Naracoorte is also located near the Coonawarra wine region, one of South Australia’s premier wine-producing areas. This proximity allows residents and visitors to enjoy wine tasting, gourmet dining, and vineyard tours, further enhancing the town’s appeal.

Naracoorte’s blend of rural charm, strong community, and modern amenities makes it a desirable location for families, retirees, and those seeking a balance between country living and access to essential services. Its rich agricultural history, natural attractions, and proximity to the Limestone Coast’s key destinations ensure that it remains a vital and appealing hub in South Australia’s southeast.

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