SOLD
Sold on 16 Feb 2024 for $395,000

87 Smith Street
Naracoorte SA 5271

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 167m2
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Property Details for 87 Smith St, Naracoorte

Building Type
Commercial
Land Size
167m2
Local Government
Naracoorte Lucindale
Lot/Plan
A151/D56059

Last Listing description (March 2023)

Central Building FOR SALE

Predominantly located in the hub of Naracoorte township area.

Main street and thoroughfare exposure with high volume foot traffic.
Solid, brick building with high ceilings, large display windows and multiple entry points.
Excellent main street access.
Two separate retail spaces with storage, kitchens and toilets totaling approx. 160m.
Heating and cooling systems in both retail spaces.
Zoned Township Main Street.

Long term tenants, Maddie's Cafe with Al Fresco dining and Helloworld Travel Naracoorte.

A great investment opportunity with instant returns and prominent location.

For further information please contact Nicki Wight 0438 799 966.

Property History for 87 Smith St, Naracoorte, SA 5271

A timeline of how this property has performed in the market
Last Sold
$395,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $395,000
  • 31 Mar 2023
    Listed for Sale $405,000
  • 26 Jun 2000
    Sold for $110,000

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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 3,719 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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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.