38-40 Old Sturt Highway, Nuriootpa SA 5355

38-40 Old Sturt Highway, Nuriootpa SA 5355
Large block rare near town | 1962 brick house | Sheds and rainwater | Bushfire overlay applies This propertyโ€™s competitive edge is its 4,046 square metre landholding, a scale that is uncommon this close to Nuriootpaโ€™s main street, schools, and services. The 1962 solid brick house is modest and functional, but the real value lies in the land itself, which offers flexibility for renovation, extension, lifestyle use, or future subdivision subject to consent. Multiple sheds and substantial rainwater storage add practical utility that appeals to trades, hobby users, or families wanting room for gardens and storage. The property is best suited to a buyer who prioritises land size and long-term potential over a large or modern dwelling. The bushfire overlay is a material factor that may affect insurance costs, design requirements, and the pool of interested buyers. The dwellingโ€™s age and original finishes mean renovation costs should be weighed carefully, as the house may need updating to meet modern expectations. Subdivision potential is noted but remains subject to planning consent, so a buyer should investigate local zoning controls and feasibility without assuming approval is guaranteed. The asking range reflects land value more than house value, and the balance between location convenience and overlay constraints may influence final price negotiation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 38-40 Old Sturt Highway, Nuriootpa SA 5355
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Nuriootpa presents as a tightly held regional market underpinned by strong demographic fundamentals and lifestyle appeal. Demand is driven by an established, mature demographic seeking larger allotments, with the market characterised by very low vacancy and robust rental growth. Recent price appreciation has been significant, reflecting constrained supply against solid buyer competition. Future growth is supported by sustained population increases and rising household incomes, though the primary constraint remains the extremely limited available rental and sales stock, which intensifies competition.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

4046mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat