26-28 Prosperity Grove
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About this property
Positioned in a peaceful and evolving pocket of Murray Bridge, 2628 Prosperity Grove presents a rare opportunity for investors and developers seeking scale, holding income, and future potential on an expansive 1.61 hectares (approx.). Set on a substantial parcel of land with wide frontage, the property offers flexibility for a range of future uses (subject to necessary consents), making it an appealing landholding in a progressively developing area of Murray Bridge. The existing three-bedroom home provides immediate functionality, featuring a practical layout suited to tenants or owner-occupiers. Currently tenanted, the property returns $470 per week, offering a holding income while longer-term plans are considered. The generous land size allows scope for further improvement, additional shedding, lifestyle use, or potential future redevelopment options (STCC), depending on approvals. Located within a developing area of Murray Bridge, the property benefits from proximity to schools, shops, and essential services, while also being positioned within a broader region experiencing ongoing residential and infrastructure expansion. Murray Bridge is widely regarded as a growing regional centre within South Australia, supported by continued infrastructure investment and residential expansion in surrounding precincts, underpinning strong long-term fundamentals for landholding assets of this nature. A strategic opportunity to secure significant landholding with income and future upside in a tightly held regional market. If you would like a private inspection, please call Nathan Bolt (08)85326666
Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 6
- Land Area
- 1 ha
- Listed
- 2 months ago
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Neighbourhood
Living in Murray Bridge
This 3-bedroom house in Murray Bridge, SA 5253 sits within reach of public transport, local shops and nearby schools. It is listed 88% above the $537,500 median of 57 comparable houseswithin 5 km.
Schools near Murray Bridge
- Tyndale Christian School Murray Bridgecombined · R-12 · CoEd
- Unity Collegecombined · R-12 · CoEd
- Fraser Park Primary Schoolprimary · R-6 · CoEd
- Murray Bridge North Schoolprimary · U, R-6 · CoEd
- Murray Bridge South Primary Schoolprimary · R-6 · CoEd
- Murray Bridge Special Schoolprimary · U · CoEd
What's nearby
- Unnamed (bus) — 955 m away
- Growers Services — 928 m away
- Unnamed — 699 m away
- Unnamed — 915 m away
- Unnamed — 954 m away
Murray Bridge at a glance
Full suburb profile- Population
- 15,043
- Median age
- 42
- Household income
- $1,005/wk
- Median rent
- $240/wk
- Median mortgage
- $1,083/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Murray Bridge price trend
Median sold · House 3 bed
Compound growth +20.5% / yr over 4 yrs
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