SOLD
Sold on 01 Mar 2024 for $165,000

Lot 5 Peacock St
Burra SA 5417

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8493m2
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Property Details for Lot 5 Peacock St, Burra

Building Type
Land
Land Size
8493m2
Local Government
Goyder
Lot/Plan
A5/D59877

Last Listing description (November 2023)

Nestled on the outskirts of Burra only a few minutes' drive into the main street this beautiful 2-acre parcel of land is ready for building. The owner has prepared the property for the next custodian to an exemplary level. Power is connected, a new 8m x 6m shed with 3m clearance and 25 degree pitched roof. There is a garden shed and 15,000 litres of rainwater with pressure pump, four taps and some fruit trees and shrubs already planted. Even an older style caravan if the new owner is interested.
The land is elevated and gently undulating with the beautiful Burra Creek behind. A number of fantastic building sites. Bitumen road frontage. Mains water can be connected. Most of the fencing is in good order.
If you are looking for land, an investment, or to build your dream home, this parcel of land will not disappoint. A rare parcel of land and an opportunity not to be missed.

Property History for Lot 5 Peacock St, Burra, SA 5417

A timeline of how this property has performed in the market
Last Sold
$165,000
01 Mar 2024
  • 01 Mar 2024
    Sold for $165,000
  • 17 Nov 2023
    Listed for Sale $185,000
  • 28 Oct 2022
    Sold for $95,000
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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 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.