SOLD
Sold on 31 Oct 2024 for $310,000

885 Old Sturt Highway
Glossop SA 5344

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 47170m2
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Property Details for 885 Old Sturt Hwy, Glossop

885 Old Sturt Hwy, Glossop is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 47170m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Glossop in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
80m2
Land Size
47170m2
Local Government
Berri Barmera
Lot/Plan
A1/D43826

Last Listing description (August 2018)

Perfect startup package for a rural investment. A mature vineyard planted to Shiraz wine grapes and very tidy cottage home rented until May 2019. The property offers a new automated dripper line irrigation system with soil moisture monitoring. The vineyard has a proven production history with long straight rows for easy maintenance. There is an extra acre of cleared land with irrigation infrastructure in place which is now ready for planting. Present plantings produce approximately 100 tonnes per vintage and the cottage is rented at $210 per week. Great investment opportunity or simply add to your existing holdings for additional income.

Property History for 885 Old Sturt Hwy, Glossop, SA 5344

A timeline of how this property has performed in the market
Last Sold
$310,000
31 Oct 2024
Listed for Rent
$190/w
04 Dec 2015
  • 31 Oct 2024
    Sold for $310,000
  • 02 Aug 2018
    Sold for $235,000
  • 23 May 2018
    Listed for Sale $250,000
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About Glossop 5344

The size of Glossop is approximately 32.3 square kilometres. It has 4 parks covering nearly 1.7% of total area. The population of Glossop in 2011 was 931 people. By 2016 the population was 980 showing a population growth of 5.3% in the area during that time. The predominant age group in Glossop is 50-59 years. Households in Glossop are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glossop work in a labourer occupation. In 2011, 74.4% of the homes in Glossop were owner-occupied compared with 78.6% in 2016.

Glossop has 541 properties. Over the last 5 years, Houses in Glossop have seen a 85.47% increase in median value. As at 31 October 2024:

  • The median value for Houses in Glossop is $366,878 while the median value for Units is $346,932.
  • Houses have a median rent of $253.
There are currently 7 properties listed for sale, and no properties listed for rent in Glossop on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Glossop.

Suburb Insights for Glossop 5344

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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.