OFF MARKET

Pelican Parade
Morgan SA 5320

Bedrooms: 1
Bathrooms: 1
Car spaces: 3
Land area: 2949m2
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Last updated 29 Jan 2024
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Property Details for Lot 52 Pelican Pde, Morgan

Building Type
Land
Land Size
2949m2
Local Government
Mid Murray

Last Listing description (February 2021)

If you are looking to create your own long-lasting family memories at your very own riverfront property, well look no more. Marschall First National are proud to present a Riverfront property with basic structure located in the sought-after Pelican Point area.
Your new holiday home is to be sited in the middle of the block with large area to the river which can house many tents, caravans or just give the kids plenty of room to burn off lunch before getting back in the water.
9m x 6m Olympic Industries shed erected and is waiting to store the boat and other water toys under cover to save towing up every weekend.

Current owners have spent in excess of $60,000- on improving the property including a fully automated watering system with pop-up sprinklers to maintain the 1500m of roll-out Emerald Kikuyu lawn.
Property is connected to STEDS so if you wish to upgrade part of the infrastructure including electricity is already in place and currently being used.

Ideal opportunity to purchase now and develop later if you wish or just leave as it is.

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Property History for Lot 52 Pelican Pde, Morgan, SA 5320

A timeline of how this property has performed in the market
  • 03 Mar 2020
    Listed for Sale $420,000

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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 742 properties. Over the last 5 years, Houses in Morgan have seen a 111.18% increase in median value, while Units have seen a -29.85% decrease. As at 30 September 2024:

  • The median value for Houses in Morgan is $242,929 while the median value for Units is $459,247.
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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