FOR SALE
$395,000

1 Mcinnes Avenue
Naracoorte SA 5271

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 552m2
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Great Entry Investment Opportunity - 552m2 Allotment

3 x 2 bedroom self contained units.
Solid besser brick, low maintenance
100% Occupancy, positively geared for the investor
Open plan kitchen/living with split system air-conditioning
Combined bathroom/laundry with a stand alone shower & toilet
Each unit has an allocated car park, with room for additional off street parking
Weekly rent return of $560.00
With minor upgrades & painting, there is a great opportunity to increase the return on your investment.
Conveniently positioned close to schools, sporting facilities & 24 hour convenience.
HIGHEST & BEST OFFERS WILL CLOSE 5PM MONDAY 23RD SEPTEMBER 2024

Property Details for 1 Mcinnes Ave, Naracoorte

1 Mcinnes Ave, Naracoorte is a 6 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 552m2. The place is currently for sale with SAL Real Estate - Naracoorte.

Building Type
House
Land Size
552m2

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About Naracoorte 5271

The size of Naracoorte is approximately 114.2 square kilometres. It has 25 parks covering nearly 2.6% of total area. The population of Naracoorte in 2011 was 5,691 people. By 2016 the population was 5,965 showing a population growth of 4.8% in the area during that time. The predominant age group in Naracoorte is 30-39 years. Households in Naracoorte are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Naracoorte work in a labourer occupation. In 2011, 69.3% of the homes in Naracoorte were owner-occupied compared with 67.3% in 2016.

Naracoorte has 3,719 properties. Over the last 5 years, Houses in Naracoorte have seen a 59.27% increase in median value, while Units have seen a 76.10% increase. As at 30 September 2024:

  • The median value for Houses in Naracoorte is $355,902 while the median value for Units is $298,423.
  • Houses have a median rent of $348 while Units have a median rent of $220.
There are currently 21 properties listed for sale, and 1 property listed for rent in Naracoorte on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Naracoorte.

Suburb Insights for Naracoorte 5271

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Margot Shortt
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SAL Real Estate - Naracoorte
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.