FOR SALE
$895,000

9-15 Cawte Street
Murray Bridge SA 5253

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Land area: 7694m2
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Investor Allert

A unique opportunity arises for those looking to secure a potential development property and cash in on the popularity of Murray Bridge land/new builds in the current market. Sitting on approximately 7694sqm of land, with an established solid brick home currently under a long-term rental agreement returning $350 per week until April 2025, the chance to secure this subdivisible land whilst earning a cheque each week is an attractive option not usually available. The large home of some 186sqm currently has 4 large bedrooms, 2 living areas, country styled kitchen and large laundry along with a double carport under the main roof and separate solid brick double garage. With a touch of renovation, it could easily be turned into a grand option for the future. The prices of land in the town are only heading in one direction and with this nice and flat block, with the current build handily positioned in one corner, this one is an attractive option for a small subdivision, STCC

Property Details for 9-15 Cawte St, Murray Bridge

9-15 Cawte St, Murray Bridge is a 4 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 7694m2. The place is currently for sale with Masons Real Estate.

Building Type
House
Land Size
7694m2

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About Murray Bridge 5253

The size of Murray Bridge is approximately 25.4 square kilometres. It has 54 parks covering nearly 8.6% of total area. The population of Murray Bridge in 2011 was 13,891 people. By 2016 the population was 14,563 showing a population growth of 4.8% in the area during that time. The predominant age group in Murray Bridge is 20-29 years. Households in Murray Bridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murray Bridge work in a labourer occupation. In 2011, 53.3% of the homes in Murray Bridge were owner-occupied compared with 52.5% in 2016.

Murray Bridge has 8,439 properties. Over the last 5 years, Houses in Murray Bridge have seen a 114.38% increase in median value, while Units have seen a 92.03% increase. As at 31 October 2024:

  • The median value for Houses in Murray Bridge is $449,785 while the median value for Units is $350,787.
  • Houses have a median rent of $440 while Units have a median rent of $330.
There are currently 98 properties listed for sale, and 23 properties listed for rent in Murray bridge on OnTheHouse. According to CoreLogic's data, 494 properties were sold in the past 12 months in Murray bridge.

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John Leahy (For Rla205820)
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Masons Real Estate
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