355 Morris Rd, Prospect Hill is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 7000m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
An opportunity presents here to develop this 2 acre (approx) allotment into your dream country lifestyle. The sloping westerly aspect gives plenty of scope for the purchaser with vision. There is an old ruin beyond repair, so beware and a spring fed well and rainwater tank to start you off. The property needs some T.L.C. and a tidy up but the hard work will be rewarded as small acreages in the hills are becoming increasing rare. Located in the beautiful Southern Adelaide Hills just 4kms south of the Meadows Township making it central to Adelaide, the Southern Suburbs and South Coast and River Murray. Heaps of potential, if you're not afraid of getting your hands dirty.
The size of Prospect Hill is approximately 16.6 square kilometres. It has 1 park covering nearly 14.7% of total area. The population of Prospect Hill in 2011 was 342 people. By 2016 the population was 162 showing a population decline of 52.6% in the area during that time. The predominant age group in Prospect Hill is 40-49 years. Households in Prospect Hill are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Prospect Hill work in a managers occupation. In 2011, 82.9% of the homes in Prospect Hill were owner-occupied compared with 91.1% in 2016..
Prospect Hill has 101 properties. Over the last 5 years, Houses in Prospect Hill have seen a 73.10% increase in median value. As at 31 October 2024:
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