5/24 Rolland Street, Naracoorte SA 5271
5/24 Rolland Street, Naracoorte SA 5271
This is a two-bedroom, one-bathroom unit with one car space, built in 1994. It offers 104 square metres of internal living area on a 279 square metre lot, making it one of the more spacious two-bedroom units in this part of Naracoorte. The property sits in a well-established street where similar units have held their value steadily, and its generous floor plan is a genuine point of difference in the local market.
What is competitively strong here is the internal space. At 104 square metres, this unit is significantly larger than many two-bedroom alternatives in the same price range, which often feel cramped. The low-maintenance lot and established construction from the mid-nineties mean the structure is sound and the ongoing upkeep is minimal. This property sits comfortably in the middle of Naracoortes market, appealing most to first-home buyers who want room to spread out without the cost of a full house, or to investors targeting tenants who value space over a garden. Its position on Rolland Street is quiet and convenient, within easy reach of the towns amenities.
The main factor that may affect value is the single car space. Nearby units in the same block offer two, which could make this property slightly less attractive to buyers with multiple vehicles. The lot size, while adequate, offers no room for extension, so what you see is what you get. The property has not sold since 2001, so there is no recent sale history to anchor expectations. Buyers should also consider that the kitchen and bathroom, while functional, may be original to the build and could require updating in the medium term, which might influence their offer price.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/24 Rolland Street, Naracoorte SA 5271
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Naracoorte presents as a steady regional market with a clear preference for houses, evidenced by their stronger capital growth and higher sales volume compared to units. Demand is underpinned by consistent buyer inquiry, with a market characterised by low stock levels and a slight vendor discounting environment. Future performance will be shaped by the balance between this sustained demand and the constrained supply pipeline, a key dynamic to monitor.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
279m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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