78-80 Mulgundawah Road, Murray Bridge SA 5253
78-80 Mulgundawah Road, Murray Bridge SA 5253
large development block | 10-car capacity | central Murray Bridge | 3-bedroom house form | 1728m² allotment
This property presents a rare combination of a functional three-bedroom house with an extraordinary landholding in central Murray Bridge. The 1,728 square metre allotment is substantially larger than typical suburban blocks in the area, and the ten-car parking capacity signals either extensive shedding or significant hardstand area, which is unusual for a standard residential listing. The property is being marketed as a development site, which suggests it may suit a buyer looking for land banking, small-scale subdivision investigation, or a large yard for trades, hobby use, or vehicle storage. Its central position and proximity to the Newbridge Estate indicate it sits within an established yet growing part of town, which supports both residential utility and future development potential.
The value of this property may be most influenced by how the land can be used, as the house itself appears to be a secondary feature. The exact zoning, planning overlays, and council approvals are not confirmed from available information, and these could significantly affect whether subdivision or further development is feasible. The land size discrepancy between 1,728 and 1,748 square metres should be verified against a title search, as even a small difference can matter for development calculations. The internal condition, building age, and orientation are not stated, so a buyer should inspect carefully to assess whether the existing house adds value or is primarily a holding structure. The property may appeal most to someone who sees the land as the primary opportunity and the house as a bonus or temporary rental.
Detailed Independent Property Report prepared by PropCred Analyst team for 78-80 Mulgundawah Road, Murray Bridge SA 5253
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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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
10
Land
1728m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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