Naracoorte at a glance
6,394
People
$525,000
Median sale
$373/wk
Median rent
3.69%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
SA › Naracoorte › Lucindale Rd
$2,320,000
Last sold
1 Nov 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
1,627,000 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$2,320,000
1 Nov 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Naracoorte (last 5 years) with land size have a median of $27/m² of land (n=11). Districts calculation from recorded sales — not a valuation.
Naracoorte at a glance
6,394
People
$525,000
Median sale
$373/wk
Median rent
3.69%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Naracoorte
+341.9%
Median sale
Suburb $525,000
-2.85 pp
Gross yield
Suburb 3.69%
Suburb median $525,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $373/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Naracoorte at a glance
6,394
People
$525,000
Median sale
$373/wk
Median rent
3.69%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by SAL Real Estate Naracoorte62.7 HECTARES - 402 ACRES Or thereabouts.
Subject land division area confirmation.
Stewarts Range via Naracoorte -
Price - $ 2.32Million
Fairholme is ideally situated just 13kms west of the major regional centre of Naracoorte in the Stewarts Range district. The immediate district is noted for it's livestock breeding and finishing ability.
Fairholme comprises approximately 162.7 hectares or 402 acres of ideally balanced prime grazing land being suited to both sheep and cattle along with an older house and cottage which are not currently lived in.
The property is situated in a reliable rainfall area, which receives an approximate annual average of 575mm to 625mm of predominantly Autumn / Winter / Spring rainfall.
Land comprises an ideal balance of flat to gently undulating loam over clay and limestone along with some limestone outcrop country.
This topography/soil type is ideally suited to improved pastures comprising mainly sub clover and annual grasses. These soils provide prolific autumn, early winter, spring and early summer growth.
MAIN HOUSE
An older style main home constructed from local stone and rendered is situated adjacent the main Lucindale Road (Konetta Road). The building is situated in an established garden and surrounds.
A bore is located in the front yard which is equipped with an electric pressure unit. This supplies bore water to the garden and one local livestock trough.
Rainwater is plumbed to the house from a 5,000 gallon Williams concrete tank while a second poly tank is located on site ready for installation.
The home is not lived in.
COTTAGE
A Mount Gambier stone cottage is situated at the same site.
This cottage is not lived in.
SHEDDING
An older style machinery shed is located at the home site. Balance being ancillary shedding no longer in use.
FENCING
The property is fenced into 4 main paddocks using predominantly cyclone, barbed wire and some plain wire.
STOCK WATER
A bore is located at Mount Gambier stone cottage which is equipped with an electric pressure unit. This supplies an overhead tank which is centrally located supplying concrete troughing.
The process of filling this tank is initiated manually.
Fairholme is made up of a superior balance of strong range country and productive loam flats. The range country includes red and medium loams over limestone while the flats are predominantly medium loams over clay. These soil types are regarded as being versatile and productive, being particularly well suited to cattle and sheep production. The slightly undulating topography has excellent moisture and fertility retaining properties and provides a high stocking rates throughout the season. These soil types have proved to be highly productive for livestock breeding, finishing and sustain a strong carry capacity. This style of land is also regarded as being healthy from the livestock perspective. Pastures are subclover based with annual grasses being typical of the district.
Trees include Red Gum, Blue Gum and Hill Gum which are in ideal proportion offering excellent shade and shelter.
LIVESTOCK PRODUCTION
Fairholme has traditionally been utilised for beef and sheep production while the immediate district is highly regarded for breeding and finishing.
Your inspection is recommended.
Contact Agent for further details.
Listing description written by Cameron Grundy, SAL Real Estate Naracoorte — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.