FOR SALE
Fairholme - Reliable and Versatile

1234 Lucindale Road
Naracoorte SA 5271

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 162.7ha
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FAIRHOLME - Reliable and Versatile

62.7 HECTARES - 402 ACRES Or thereabouts.
Subject land division area confirmation.
Stewarts Range via Naracoorte -
Price - $ 2.32Million
Fairholme is ideally situated just 13kms west of the major regional centre of Naracoorte in the Stewarts Range district. The immediate district is noted for it's livestock breeding and finishing ability.
Fairholme comprises approximately 162.7 hectares or 402 acres of ideally balanced prime grazing land being suited to both sheep and cattle along with an older house and cottage which are not currently lived in.
The property is situated in a reliable rainfall area, which receives an approximate annual average of 575mm to 625mm of predominantly Autumn / Winter / Spring rainfall.
Land comprises an ideal balance of flat to gently undulating loam over clay and limestone along with some limestone outcrop country.
This topography/soil type is ideally suited to improved pastures comprising mainly sub clover and annual grasses. These soils provide prolific autumn, early winter, spring and early summer growth.
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Property Details for 1234 Lucindale Rd, Naracoorte

Building Type
Rural
Land Size
162.7ha

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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 3,713 properties. Over the last 5 years, Houses in Naracoorte have seen a 61.31% increase in median value, while Units have seen a 73.93% increase. As at 31 August 2024:

  • The median value for Houses in Naracoorte is $364,520 while the median value for Units is $285,310.
  • Houses have a median rent of $345 while Units have a median rent of $220.
There are currently 18 properties listed for sale, and no properties listed for rent in Naracoorte on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Naracoorte.

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Cameron Grundy
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SAL Real Estate - Naracoorte
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