Nuriootpa is a mid-sized suburb in South Australia within the Barossa local government area (postcode 5355). With a population of 6,901, the suburb has a mature demographic with a median age of 45. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, German.
Units have a median price of $405,000 (+26% YoY). The current median weekly rent is $502. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,348.
Nuriootpa is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1000, which is around the national average of 1,000. The crime rate in the Barossa LGA is below average at 2,985 incidents per 100,000 population.
From an investment perspective, Nuriootpa offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($405K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +26.0% year-on-year.
Nuriootpa is a mid-sized suburb in South Australia within the Barossa local government area (postcode 5355). With a population of 6,901, the suburb has a mature demographic with a median age of 45. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, German.
Units have a median price of $405,000 (+26% YoY). The current median weekly rent is $502. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,348.
Nuriootpa is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1000, which is around the national average of 1,000. The crime rate in the Barossa LGA is below average at 2,985 incidents per 100,000 population.
From an investment perspective, Nuriootpa offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($405K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +26.0% year-on-year.