OFF MARKET

18 Racecourse Crescent
Glenburnie SA 5291

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 293m2
Land area: 2100m2
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Property Details for 18 Racecourse Cres, Glenburnie

Building Type
Land
Year Built
2021
Floor Size
293m2
Land Size
2100m2
Local Government
Grant
Lot/Plan
A5/D95254

Last Listing description (March 2022)

With 180 degree views of the famous Glenburnie racecourse and just a short drive from town, this huge 2,100m2 property at 18 Racecourse Crescent is superbly located. Take in all the glory of the races from your own front porch!

Behind the property sits rolling, tree lined hills and views of Mount Gambier. The lot features a 22,000 litre rainwater tank and a large, 15x9m colourblind shed with a cement base, thickened footing for a hoist and 2 x 2.7m high roller doors and a PA Door.

One thing that's fantastic about this property is that a lot of the work has already been done for you. The block has amenities ready to go, power, town water, the phone line with NBN. Soil testing has also been completed, leaving very little for you to worry about.

If the buyer is interested, plans for an architecturally designed, 35 square meter house have already been council approved. If you do decide to build, the overlay has been recently changed so that you can legally occupy the shed during or before construction.

This is a great opportunity to get a headstart on building your dream home in an exciting country location. If you'd like to enquire further about this property, get in touch with Sarah Barney at Elders Mount Gambier today.

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Property History for 18 Racecourse Cres, Glenburnie, SA 5291

A timeline of how this property has performed in the market
Last Sold
$210,000
02 Mar 2022
  • 02 Mar 2022
    Sold for $210,000
  • 14 Jan 2022
    Listed for Sale $199,000 to $219,000
  • 11 Sep 2015
    Sold for $110,000

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About Glenburnie 5291

The size of Glenburnie is approximately 86.2 square kilometres. It has 7 parks covering nearly 50.5% of total area. The population of Glenburnie in 2011 was 355 people. By 2016 the population was 373 showing a population growth of 5.1% in the area during that time. The predominant age group in Glenburnie is 40-49 years. Households in Glenburnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenburnie work in a labourer occupation. In 2011, 83.6% of the homes in Glenburnie were owner-occupied compared with 86.1% in 2016.

Glenburnie has 258 properties. Over the last 5 years, Houses in Glenburnie have seen a 89.28% increase in median value, while Units have seen a 75.06% increase. As at 31 October 2024:

  • The median value for Houses in Glenburnie is $686,992 while the median value for Units is $451,245.
There are currently 6 properties listed for sale, and no properties listed for rent in Glenburnie on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Glenburnie.

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