Loxton is a thriving Riverland irrigation town on the Murray River — a centre of intensive horticulture, wine grape production, and the Riverland wine region. The famous Loxton Historical Village tourist attraction and Murray riverside lifestyle amenity attract lifestyle retirees and investors seeking high yields from stable agricultural employment corridors at prices impossible to find anywhere near Adelaide. At the current $320k median house price, an 80% loan at 6.25% over 30 years is about $1,576 per month.
| Median house price | $320,000 |
|---|---|
| Median unit price | $198,000 |
| Estimated monthly repayment | $1,576 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5% |
| Gross rental yield | 7% |
| Typical days on market | 35 |
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