SOLD
Sold on 28 Jun 2024 for $27,500

West Terrace
Burra SA 5417

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 900m2
Sold By
Elders Real Estate Clare Valley/Balaklava
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Property Details for Lot 16 West Tce, Burra

Building Type
Land
Land Size
900m2
Local Government
Goyder
Lot/Plan
A16/D2

Last Listing description (July 2024)

Nestled in the picturesque Burra foothills and offering captivating views of the showgrounds, these two adjacent land parcels, totaling approx 900 sqm, present an ideal canvas for realizing your dream development. subject to Council Consent. Each allotment is approx. 450sqm. Burra is a Heritage Area and National Heritage place. The blocks are zoned Rural so a non-complying development application will be required.

Boasting stunning vistas, these blocks are bundled for sale, ensuring a seamless opportunity to create something remarkable. While power and water sources are conveniently nearby albeit not yet connected, the affordability of this offering enables you to craft something truly exceptional within reach. Act swiftly, as this chance is a your perfect opportunity!

Property History for Lot 16 West Tce, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$27,500
28 Jun 2024
  • 28 Jun 2024
    Sold for $27,500
  • 20 Jun 2024
    Listed for Sale Not Disclosed
  • 22 Jun 2017
    Sold for $24,000
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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 999 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, 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.