Back 1 Leicester Street
Off Market

1 Leicester Street

Naracoorte SA 5271

3
1
2
702 sq.
House
Last sold for $355,000
Deanna MorelandDeanna Moreland, last sold this property on 27 May 2026 after 23 days on market.

Overview

Affordable Investment with great return

1 Leicester Street is conveniently located close to Memorial Oval, South Primary School and Naracoorte Hospital, and directly opposite a park and playground. Currently tenanted at $400 per week under a fixed lease, this presents an excellent investment opportunity. Inside, the home features three carpeted bedrooms, each equipped with ceiling fans. The updated bathroom includes a shower, bath, and vanity, with a separate toilet located through the laundry. The modernised kitchen is equipped with an electric oven, induction cooktop and adjoining dining area, while the adjacent carpeted living room is serviced by a split system air conditioner for year-round comfort. Outside sees a large enclosed backyard. Low maintenance, the yard contains expansive concrete areas and a small fenced off section ideal for pets and garden beds. A powered shed with a concrete floor provides additional storage or workspace options, and rainwater is plumbed throughout the home. Low maintenance and already tenanted with strong returns, this property is a smart addition to any investment portfolio.

Features

3 bedrooms
1 bathroom
2 carspaces
702 sq. lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Naracoorte over the last 12 months, the estimated median property value of 1 Leicester Street is $430k.

Median value
$430k
Estimated value range
$230k - $902.21k
Median days on market
35
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Naracoorte. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Leicester Street

2026
Sold
$355,000
Private Sale/Treaty on 27 May 2026 by Deanna Moreland, of Ottoson Partners Real Estate
2022
Sold
Undisclosed
Private Sale/Treaty on 25 Oct 2022 by Sally Logan, of Elders Real Estate Naracoorte

Happy sellers in Naracoorte

90%
90% of sellers in Naracoorte reported that their sale price either exceeded or met their price expectations.

Naracoorte stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Naracoorte over the last 12 months.

Local market activity for 3 bedroom houses in Naracoorte

In the last 12 months, 51 three-bedroom houses similar to 1 Leicester Street, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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