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Home Loan Specialists and Mortgage Brokers in Nuriootpa

Mortgage Choice Gawler - Home Loan Specialists and Mortgage Brokers in Nuriootpa

To arrange an appointment call Leith & the Gawler team on 08 8523 4510 - or email Leith Here:

 

Learn about the Macro and Local Property Market Trends here:
 National property maket - Update (April 2023) by clicking this link National Property Market
Sth Australian Property Update (April 2023) by clicking this link SA Property Market Update

Nuriootpa property market
Nuriootpa property market

Currently, Nuriootpa has 11 properties available for rent and 23 properties for sale. Median property prices over the last year range from $460,000 for houses to $323,250 for units. If you are looking for an investment property, consider houses in Nuriootpa rent out for $440 PW with an annual rental yield of 5.1% and units rent for $340 PW with a rental yield of 6.3%. 

Based on five years of sales, Nuriootpa has seen a compound growth rate of 15.3% for houses and 31.9% for units.

If you're thinking about buying an investment property in Nuriootpa, consider that rental yields for houses are currently 4.63 with an average median rent of 400 weekly. Houses have seen 1.83 growth in the past quarter, and 15.45 growth in the past 12 months.The size of Nuriootpa is approximately 40.8 square kilometres. It has 24 parks covering nearly 1.4% of total area. The population of Nuriootpa in 2011 was 5,704 people. By 2016 the population was 6,324 showing a population growth of 10.9% in the area during that time. The predominant age group in Nuriootpa is 60-69 years.Households in Nuriootpa are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nuriootpa work in a labourer occupation. In 2011, 69.6% of the homes in Nuriootpa were owner-occupied compared with 70.1% in 2016.
 

Looking to invest or refinance?  Call Leith & the Gawler team on 08 8523 4510 - or email Leith Here:

Key Market Data House Unit
Median price 444,500 238,000
Quarterly growth +1.83 +3.93
12-month growth +15.45 –
Average annual growth +6.79 –
Weekly median rent 400 298
Gross rental yield 4.63 5.51
Number of Sales (12m) 115 4
Avg. Days on Market (12m) 36 –
Key Demographics 2011 2016
Total population 5,704 6,324
Population change (5y) +13.42 +10.90
Median household income (p/w) 984 1,158
Household income change (5y) +6.49 +17.68
Median age of persons 41 43
 

Contact Leith today!

To arrange an appointment call Leith & the Gawler team on 08 8523 4510 - or email Leith Here:

Start your home loan journey today

Calculate your borrowing power

Before you start shopping around for a home or investment property, it’s a good idea to learn what your borrowing power is. In other words, how much you can afford to borrow.

Watch our short video to learn more. 

If you would like to try our home loan calculators to get an approximate borrowing capacity, click the link below and follow the steps. If you have any questions, please don't hesitate to get in touch with our team.

Find out how much you can borrow!

Learn more about the home loan process

If you would like to do some of your own research first, make sure you check out our home loan resources below!

 

To arrange an appointment call Leith & the Gawler team on 08 8523 4510 - or email Leith Here:

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