SOLD
Sold on 31 Jul 2024 for $507,500

50 Murray Street
Nuriootpa SA 5355

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 501m2
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Property Details for 50 Murray St, Nuriootpa

Building Type
Commercial
Land Size
501m2
Local Government
Barossa
Lot/Plan
A476/F172737

Last Listing description (September 2023)

Excellent commercial opportunity with a long-term business (with excellent, established clientele) occupying the premises and looking to continue as tenants.

Zoned Township Activity Centre (TAC), the building is situated on approximately 501m2 and includes a showroom, offices, kitchen, laundry and bathroom while a generous 6m x 9m shed (with concrete and power) is to the rear of the property. Several off-street car parking spaces are available in between the main building and the shed.

A rare opportunity in the heart of the Barossa's largest and most significant commercially based town, further information (including a commercial appraisal) is available on request.

Note building only for sale, business will continue as it currently stands.

Property History for 50 Murray St, Nuriootpa, SA 5355

A timeline of how this property has performed in the market
Last Sold
$507,500
31 Jul 2024
  • 31 Jul 2024
    Sold for $507,500
  • 18 Jul 2023
    Listed for Sale $565,000 - $595,000 - Price Release
  • 14 Dec 2005
    Sold for $265,000
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About Nuriootpa 5355

The size of Nuriootpa is approximately 40.8 square kilometres. It has 24 parks covering nearly 3.8% of total area. The population of Nuriootpa in 2011 was 5,704 people. By 2016 the population was 6,324 showing a population growth of 10.9% in the area during that time. The predominant age group in Nuriootpa is 60-69 years. Households in Nuriootpa are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nuriootpa work in a labourer occupation. In 2011, 69.6% of the homes in Nuriootpa were owner-occupied compared with 70.1% in 2016.

Nuriootpa has 3,956 properties. Over the last 5 years, Houses in Nuriootpa have seen a 90.89% increase in median value, while Units have seen a 103.52% increase. As at 30 November 2024:

  • The median value for Houses in Nuriootpa is $645,745 while the median value for Units is $395,261.
  • Houses have a median rent of $533 while Units have a median rent of $340.
There are currently 18 properties listed for sale, and 1 property listed for rent in Nuriootpa on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Nuriootpa.

Suburb Insights for Nuriootpa 5355

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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.