1 East StreetBurra SA 5417
Property Details for 1 East St, Burra
1 East St, Burra is a 4 bedroom, 1 bathroom House with 8 parking spaces and was built in 1890. The property has a land size of 1122m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last transferred in October 2021.
Last Listing description (March 2017)
Step back in time to imagine this triple fronted row cottage and shop in its hay day in the heritage township of Burra. Once a bustling mining town, but now more refined for farming, tourism and heritage and only 30 minutes from the Clare Valley. A scenic two hour drive from Adelaide, Burra represents excellent value for money for the astute purchaser and is a superb town in which to live. This character bluestone and slate settlers cottage built in the 1890s is a fine example of early miners architecture, and the original butcher shop.
If you re looking for a change of pace and an escape to the country it may be time to consider your options? Sell up in Adelaide and pay 1/3 of the price for a similar property in the Country. Well now is your opportunity to give it some real thought. This property was once divided into two cottages with a shop front. The property has now been opened up and presents as a large family row cottage. Outside all of the stone work has been repaired and re-pointed by local stone mason and the front bull nose verandah has been replaced. The cottage is set on a large block of 1000 sqm. This represents a fabulous investment and project for the entrepreneurial. The current owner has had plans drawn up to re-model the existing cottage back into three (STCC). Or you could renovate the home as it is. The home is currently tenanted with long term tenant at $150 per week. Inside as it stands there are 7 main rooms plus a country kitchen, bathroom, laundry and shop front. The flexible floor plan allows you to use the home as you wish. The original shop front has a cellar which has also been repaired. Character features include open fireplaces and traditional cottage features. At the rear of the block and old stone workshop/stable, that could also offer potential for a studio apartment. The potential with this property is enormous.
The inside needs some work, but the property has great bones. If you are a keen renovator or looking for a project to create multiple dwellings (STCC), then this is an opportunity too good to miss.
Property History for 1 East St, Burra, SA 5417
- 08 Oct 2021Transferred for $145,000
- 14 Jul 2016Listed for Sale REDUCED $165,000
- 05 Jan 2012Sold for $90,000
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About Burra 5417
The size of Burra is approximately 441.6 square kilometres. It has 28 parks covering nearly 0.9% of total area. The population of Burra in 2011 was 1,396 people. By 2016 the population was 1,128 showing a population decline of 19.2% in the area during that time. The predominant age group in Burra is 60-69 years. Households in Burra are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Burra work in a managers occupation. In 2011, 69.8% of the homes in Burra were owner-occupied compared with 69% in 2016.
Burra has 1,003 properties. Over the last 5 years, Houses in Burra have seen a 86.78% increase in median value, while Units have seen a 55.90% increase. As at 31 October 2024:
- The median value for Houses in Burra is $348,102 while the median value for Units is $250,368.
- Houses have a median rent of $290.
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