OFF MARKET

7 Taylor Street
Burra SA 5417

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 569m2
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Last updated 4 Nov 2024
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Property Details for 7 Taylor St, Burra

7 Taylor St, Burra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 569m2 and floor size of 123m2.

Building Type
Unit
Year Built
1984
Floor Size
123m2
Land Size
569m2
Local Government
Goyder
Lot/Plan
A92/F171152

Last Listing description (March 2010)

Existing Income or Redevelopment Opportunity
Investors take note!. Extremely rare complex of four maisonette units which have recently undegone a re-fit and are now fully tenanted. The units are situated on 2 separate titles but there is opportunity to develop further and create a separate title for each unit (subject to appropriate approvals). The rental market in Burra is very strong and there may be scope to increase the rental amount as they are currently at very competitve rates. Constructed of stone, the units have also had a new roof recently installed plus internal refurbishments. Two of the units have 3 bedrooms, two have 2 bedrooms and are currently being rented at $100-110/wk. This is a rare offering so be quick!

Property History for 7 Taylor St, Burra, SA 5417

A timeline of how this property has performed in the market
Listed for Rent
$120/w
19 Jan 2011
  • 25 Dec 2010
    Listed for Rent - Price not available
  • 08 Sep 2009
    Listed for Rent - Price not available
  • 27 Aug 2008
    Listed for Sale 450000

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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, 54 properties were sold in the past 12 months in Burra.

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