18 Charles Street, Murray Bridge SA 5253
18 Charles Street, Murray Bridge SA 5253
3 bed stone house on 1009m² | 1930s character with combustion heating | large block in established pocket | appeals to renovators and space seekers
This property stands out for its generous 1009m² allotment combined with a solid 1930s stone dwelling, a configuration that is increasingly uncommon in Murray Bridge. The large block offers significant outdoor space and future flexibility, while the stone construction and combustion heating provide durable, character-rich living. The internal layout with three large bedrooms and a spacious lounge suits families or buyers seeking room to spread out. The property is best suited to owner-occupiers who value established character and land size over modern finishes, or renovators looking to add value through updates while retaining the home’s inherent appeal.
The property’s value is materially influenced by its large land component, which may support subdivision or future development subject to council approval, though this is not confirmed. The reported build age of 1930 suggests potential for older infrastructure that might require attention, such as electrical, plumbing, or insulation upgrades. The kitchen’s green backsplash and white cabinetry indicate some updating has occurred, but the overall condition is not fully verified. The single bathroom and one-car parking may limit appeal for larger families or those requiring more modern amenities. Buyers should weigh the premium for the sizable block against the cost of any necessary renovations when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Charles Street, Murray Bridge SA 5253
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Murray Bridge is a top-performing regional market with strong momentum, driven by sustained demand for smaller, more affordable homes. This has propelled house prices to record highs and pushed weekly rents to new peaks. The suburb’s appeal to a younger demographic seeking value is a key growth driver, though the increasing supply of larger new builds presents a moderating influence on future rental growth for existing stock.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
1009m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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