Naracoorte is the service hub of the Limestone Coast wine region in SA's south-east, adjacent to the World Heritage-listed Naracoorte Caves. It is a prosperous agricultural and wine service town with affordable housing, solid rental yields from farming and healthcare workers, and a stable community economy respected by long-term regional investors. At the current $340k median house price, an 80% loan at 6.25% over 30 years is about $1,675 per month.
| Median house price | $340,000 |
|---|---|
| Median unit price | $210,000 |
| Estimated monthly repayment | $1,675 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 7% |
| Typical days on market | 32 |
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