SOLD
Sold on 09 Feb 2024 for $472,000

11 Verdun Road
Murray Bridge SA 5253

Bedrooms: 12
Bathrooms: 5
Car spaces: 6
Floor area: 243m2
Land area: 1220m2
Sold By
First National Real Estate Murray Bridge Pathways Estate
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Property Details for 11 Verdun Rd, Murray Bridge

Building Type
Commercial
Year Built
1930
Floor Size
243m2
Land Size
1220m2
Local Government
Murray Bridge
Lot/Plan
A11/D1765

Last Listing description (August 2024)

Located in prime, incoming earning position, this four in one offering is one of a kind.
-4 residential properties being sold as a whole. Comprising 2 modern 3 bedroom homes, a 4 bedroom stone home, and a single bedroom unit.
-Off street parking for each dwelling, plus simple street parking

-Currently providing a strong return of over $85,000 per annum
-Literally a stone's throw from local shopping, medical and more
-Ideal for serious investors and those seeking extensive workers accommodation

Property History for 11 Verdun Rd, Murray Bridge, SA 5253

A timeline of how this property has performed in the market
Last Sold
$472,000
09 Feb 2024
Listed for Rent
$250/w
02 Oct 2018
  • 21 Aug 2024
    Listed for Sale $1,500,000
  • 09 Feb 2024
    Sold for $472,000
  • 09 Feb 2024
    Listed for Sale $1,500,000
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About Murray Bridge 5253

The size of Murray Bridge is approximately 25.4 square kilometres. It has 54 parks covering nearly 8.6% of total area. The population of Murray Bridge in 2011 was 13,891 people. By 2016 the population was 14,563 showing a population growth of 4.8% in the area during that time. The predominant age group in Murray Bridge is 20-29 years. Households in Murray Bridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murray Bridge work in a labourer occupation. In 2011, 53.3% of the homes in Murray Bridge were owner-occupied compared with 52.5% in 2016.

Murray Bridge has 8,450 properties. Over the last 5 years, Houses in Murray Bridge have seen a 91.31% increase in median value, while Units have seen a 92.89% increase. As at 31 July 2024:

  • The median value for Houses in Murray Bridge is $420,782 while the median value for Units is $334,806.
  • Houses have a median rent of $430 while Units have a median rent of $350.
There are currently 98 properties listed for sale, and 20 properties listed for rent in Murray bridge on OnTheHouse. According to CoreLogic's data, 531 properties were sold in the past 12 months in Murray bridge.

Suburb Insights for Murray Bridge 5253

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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.