OFF MARKET

2/1 Mortimer Road
Berri SA 5343

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 174m2
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Property Details for 2/1 Mortimer Rd, Berri

2/1 Mortimer Rd, Berri is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 174m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last transferred in November 2020.

Building Type
Unit
Year Built
1966
Floor Size
95m2
Land Size
174m2
Local Government
Berri Barmera
Lot/Plan
U2/S2967

Last Listing description (March 2017)

Check this 2 bedroom unit out, as it is an ideal Brick Strata Unit for the Astute Investor to add to their portfolio. It comes with a carport and an enclosed modest back yard. Return on Capital would be over 8% which is very attractive. Alternatively it would suit retirees seeking to purchase low cost accommodation. Current owner has attended to upgrading and so the property would be ideal to purchase as is.
The unit is Located in a good position.

Property History for 2/1 Mortimer Rd, Berri, SA 5343

A timeline of how this property has performed in the market
Last Transferred
18 Nov 2020
Listed for Rent
$175/w
20 Dec 2016
  • 18 Nov 2020
    Transferred
  • 17 Jan 2017
    Sold for $81,000
  • 25 Nov 2016
    Listed for Rent - Price not available
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About Berri 5343

The size of Berri is approximately 12.1 square kilometres. It has 44 parks covering nearly 25.5% of total area. The population of Berri in 2011 was 4,101 people. By 2016 the population was 4,083 showing a population decline of 0.4% in the area during that time. The predominant age group in Berri is 60-69 years. Households in Berri are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Berri work in a labourer occupation. In 2011, 53.1% of the homes in Berri were owner-occupied compared with 53.3% in 2016.

Berri has 2,400 properties. Over the last 5 years, Houses in Berri have seen a 88.87% increase in median value, while Units have seen a 55.87% increase. As at 31 October 2024:

  • The median value for Houses in Berri is $335,356 while the median value for Units is $281,762.
  • Houses have a median rent of $360 while Units have a median rent of $255.
There are currently 25 properties listed for sale, and 16 properties listed for rent in Berri on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Berri.

Suburb Insights for Berri 5343

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.