OFF MARKET

26 Market Street
Burra SA 5417

Bedrooms: 7
Bathrooms: 2
Car spaces: -
Land area: 3900m2
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Last updated 11 Nov 2024
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Property Details for 26 Market St, Burra

26 Market St, Burra is a 7 bedroom, 2 bathroom House and was built in 1849. The property has a land size of 3900m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1849
Land Size
3900m2
Local Government
Goyder
Lot/Plan
A63/F21411

Last Listing description (April 2022)

Formerly known as the "Smelters Hotel" first licenced in 1849. When built it was hailed as "Splendid new place for entertainment".

The hotel was renamed in 1875 as "Opies Hotel", today contributing to the overall heritage and character of the beautiful historic Burra. A conspicuous example of the 1850's hotels.

In recent years it has been used for residential purposes having been converted to flats and a stately residence.

The property currently consists of: -
17 main rooms
7-8 Bedrooms with 3 sitting rooms
2 bathrooms
Main kitchen and separate kitchenette
Further embellishments include high ceilings, many ornate fireplaces, with architectural architraves and original doors and floorboards

This magnificent stone residence on 3,900m2 (1 acre approximately) stands as a fine example of Burra's enduring historical heritage.

Property History for 26 Market St, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$465,000
22 Apr 2022
  • 22 Apr 2022
    Sold for $465,000
  • 15 Feb 2022
    Listed for Sale Expressions of Interest closing Tues 15 March 2022
  • 11 Nov 2021
    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 1,002 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.
There are currently 9 properties listed for sale, and no properties listed for rent in Burra on OnTheHouse. According to CoreLogic's data, 53 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.