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26-28 Prosperity Grove, Murray Bridge$1.01m
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Soldhouse

26-28 Prosperity Grove

Murray Bridge, SA 5253, Australia
$1.01m
3 bed 1 bath 6 car1 ha

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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

Repayment calculator

$4,901/month
$2,451 /fortnight
Loan $808,800 at 6.10% over 30 years

Upfront costs

Deposit$202,200
Stamp duty$49,435
Conveyancing (est.)$2,000
Total upfront$253,635
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Services928 m away
  • Unnamed699 m away
  • Unnamed915 m away
  • Unnamed954 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

$554kcurrent median

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