SOLD
Sold on 06 Oct 2023 for $197,000

22 Magarey Crescent
Naracoorte SA 5271

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 894m2
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Sold By
Ottoson Partners Real Estate Pty Ltd
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Property Details for 22 Magarey Cres, Naracoorte

22 Magarey Cres, Naracoorte is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 894m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Naracoorte in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
67m2
Land Size
894m2
Local Government
Naracoorte Lucindale
Lot/Plan
A2/F7003

Last Listing description (October 2023)

Ideally located on the popular Magarey Crescent, only 450m to the main street of Naracoorte.

Two bedroom home, situated on a large 910m2 allotment.


Lounge room with air conditioner and free standing slow combustion heater, plus sliding door access to the front of the property.

Bathroom with shower, toilet and vanity

Updated kitchen with electric cooking and pantry cupboard. Dining area adjacent

Single carport which could also be used as an outdoor entertaining space

This is an ideal starter, ready for you to make your own or a great return on investment in the current rental market.

Currently tenanted for $215 per week in a short term agreement.

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Property History for 22 Magarey Cres, Naracoorte, SA 5271

A timeline of how this property has performed in the market
Last Sold
$197,000
06 Oct 2023
  • 06 Oct 2023
    Sold for $197,000
  • 18 Oct 2022
    Listed for Sale NEW PRICE $197,000
  • 11 Mar 1999
    Sold for $35,000

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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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