SOLD
Sold on 16 Jan 2024 for $600,000

12 Bests Place
Burra SA 5417

Bedrooms: 4
Bathrooms: 2
Car spaces: 9
Land area: 5285m2
Sold By
Mid North Real Estate
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Property Details for 12 Bests Pl, Burra

Building Type
Commercial
Year Built
1950
Land Size
5285m2
Local Government
Goyder
Lot/Plan
A108/F212733

Last Listing description (January 2024)

This property has been transformed from Art Gallery and weekend markets to beautiful modern home with side income.
The home features a spacious open plan living with combustion heater, floating floors, split system air cond. and large windows overlooking the enclosed private courtyard.
Eat in style kitchen with plenty of storage, island bench, dishwasher and gas cooktop.

3 bedrooms with built in robes in two. 2-way bathroom with floor to ceiling tiles, laundry & sep. toilet, renovated beauty/hair dressing room with hand basin, sep. massage room & storage.
A single, one bedroom unit with modern bathroom/laundry and private courtyard area.
Currently rented out shop area with office & store room, sep. 21m x 9m workshop with office & outside toilet
The other income is from the 12 individual storage sheds with 8 currently being rented out
This property is on 7 allotments totalling 7,400sqm with numerous shedding, huge opportunities for future income. Bituminised driveways & two road access.

Property History for 12 Bests Pl, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$600,000
16 Jan 2024
  • 16 Jan 2024
    Sold for $600,000
  • 13 Jan 2023
    Listed for Sale $649,000
  • 13 Sep 2017
    Transferred
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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 997 properties. Over the last 5 years, Houses in Burra have seen a 87.23% increase in median value, while Units have seen a 49.08% increase. As at 31 August 2024:

  • The median value for Houses in Burra is $315,182 while the median value for Units is $230,812.
  • Houses have a median rent of $290.
There are currently 10 properties listed for sale, and 1 property listed for rent in Burra on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Burra.

Suburb Insights for Burra 5417

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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.