OFF MARKET

5 Second Street
Morgan SA 5320

Bedrooms: 6
Bathrooms: 2
Car spaces: 3
Floor area: 128m2
Land area: 1020m2
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Last updated 11 Nov 2024
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Property Details for 5 Second St, Morgan

5 Second St, Morgan is a 6 bedroom, 2 bathroom Townhouse with 3 parking spaces and was built in 1878. The property has a land size of 1020m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Townhouse
Year Built
1878
Floor Size
128m2
Land Size
1020m2
Local Government
Mid Murray
Lot/Plan
A203/T120701

Last Listing description (January 2022)

The riverside town of Morgan is steep in history and now the opportunity is here for someone to buy their own piece of history. The allotment was created in 1878 and purchased by the Riverboat Captain Hugh King, and soon after Captain King built his home from locally obtained weatherboard. If only the walls could talk, what stories they could tell.

If you have been looking for a holiday home in Morgan this property is well worth a look. The potential is also there to rent the property out while you're not using it to generate a reasonable return per year.

The home has been renovated over the years keeping the touch of yesteryear to the original homestead. There are three bedrooms in the main house and another three in the converted shed, along with a second bathroom. These bedrooms are cooled via an evaporative air conditioner. There are two separate undercover entertaining areas to enjoy a game of table tennis or eight ball.

The property is being sold walk in walk out, all you need to bring are your clothes to start enjoying the country way of life.

If you are one of the many visitors to Morgan each year that come to enjoy the lifestyle the river town offers and you have thought of purchasing a holiday home, call me today to arrange an inspection, you won't be disappointed.

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Property History for 5 Second St, Morgan, SA 5320

A timeline of how this property has performed in the market
Last Sold
$288,000
20 Jan 2022
  • 20 Jan 2022
    Sold for $288,000
  • 27 Sep 2021
    Listed for Sale $285,000
  • 13 Dec 2010
    Sold for $260,000
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About Morgan 5320

The size of Morgan is approximately 172.5 square kilometres. It has 11 parks covering nearly 0.7% of total area. The population of Morgan in 2011 was 611 people. By 2016 the population was 483 showing a population decline of 20.9% in the area during that time. The predominant age group in Morgan is 60-69 years. Households in Morgan are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Morgan work in a labourer occupation. In 2011, 76.9% of the homes in Morgan were owner-occupied compared with 75.4% in 2016.

Morgan has 745 properties. Over the last 5 years, Houses in Morgan have seen a 99.63% increase in median value, while Units have seen a -29.85% decrease. As at 31 October 2024:

  • The median value for Houses in Morgan is $243,718 while the median value for Units is $509,289.
There are currently 3 properties listed for sale, and no properties listed for rent in Morgan on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Morgan.

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