Coober Pedy is the opal capital of the world — a subterranean desert town where residents live in underground dugout homes to escape extreme outback heat, and where $70 billion worth of opal has been mined since 1915. A unique tourism attraction, active mining economy, and expanding renewable energy industry support government employment and the highest percentage yields in SA. At the current $180k median house price, an 80% loan at 6.25% over 30 years is about $887 per month.
| Median house price | $180,000 |
|---|---|
| Median unit price | $110,000 |
| Estimated monthly repayment | $887 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 3.5% |
| Gross rental yield | 9.5% |
| Typical days on market | 55 |
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