19 Bywaters Road Murray Bridge SA 5253
19 Bywaters Road Murray Bridge SA 5253
1970s design | raked ceilings & light-filled hub | multiple living areas | large 976m² block | bushfire overlay
This property presents a competitively strong offering for a buyer seeking space and character in Murray Bridge. Its rare configuration of three separate living areas on a near-1,000 square metre block, coupled with the enduring appeal of 1970s architectural features like raked ceilings, creates a distinct proposition best suited to a growing family or a buyer valuing internal volume and outdoor potential over a modern build. The significant price growth since its 2023 sale indicates established demand for this housing type in the area.
Proceed with the commercial logic that the bushfire overlay imposes specific risk mechanisms, directly impacting insurance premiums and potentially future renovation costs. The opportunity lies in the very low building coverage, offering clear land bank value for extensions or outbuildings. Our analysis judges this as a long-term hold for owner-occupation, where the land component and unique layout justify the position. A Propcred report would pressure-test the listed price against true market valuation and detail the locality risks and insurance implications of the bushfire overlay.
It last sold in 2023 for $418,000 after 161 days on market. The current listing price represents a substantial increase, demanding scrutiny to ensure recent suburb-wide growth justifies the premium rather than mere vendor expectation.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Bywaters Road Murray Bridge SA 5253
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
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
2
Parking
2
Land
976m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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