12 Panorama Cres, Naracoorte is a 6 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 718m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Brilliant Investment Opportunity With Panoramic Views!
Currently returning a healthy $24,180 per year, representing a 7.35% yield, these 3 solid stone 2 bedroom units, positioned in an excellent residential location, presents an excellent investment opportunity. With delightful elevated views over Gares Lagoon and parklands, the well maintained units feature an open plan design, both bedrooms having built-in robes and updated vanities in the bathrooms. Each unit has a garage under the main building and there is a store room. The rental market in Naracoorte is still in strong demand - why not take advantage of it? Phone Diana to arrange your private inspection.
First National Real Estate Naracoorte RLA 180354
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 3,727 properties. Over the last 5 years, Houses in Naracoorte have seen a 59.00% increase in median value, while Units have seen a 70.59% increase. As at 31 October 2024:
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