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429 Riverview Drive, BerriSee prices in text
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429 Riverview Drive

Berri, SA 5343, Australia
See prices in text
4 bed 2 bath 2 car8.1 ha

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About this property

Large landholdings within growth areas are becoming increasingly difficult to secure. Positioned within an emerging residential corridor of Berri, these substantial blocks offer exciting potential. Note - property being sold to finalise deceased estate - must be sold! Plus there is availability for a 6.40ha future development site $1,500,000 - $1,650,000 ______________________________________________________________ Why Berri? Located in the heart of South Australia's Riverland region, Berri sits proudly on the banks of the Murray River and continues to grow as one of the region's most attractive lifestyle destinations. The town offers: • Murray River lifestyle and recreation • Thriving wine, citrus and horticulture industries • Excellent schools and sporting facilities • Modern shopping and medical services • Easy access to Adelaide (approximately 2.5 hours) It's this combination of lifestyle, affordability and opportunity that continues to attract families, retirees and professionals looking for a better way of living. ______________________________________________________________ What's Driving Demand? Australia continues to experience strong population growth, with around 50,000 people entering the country every month. Here in South Australia alone, approximately 1,000-2,000 new residents arrive from overseas each month, adding thousands of new residents to the state each year. And every one of those people ultimately needs somewhere to live. As housing affordability pressures increase in major cities, regional lifestyle areas like the Riverland are becoming increasingly attractive to buyers seeking space, value and quality of life. ______________________________________________________________ Option 1 - Prestige Bare Land Allotments Three individual bare land allotments are proposed, each approximately 1 acre in size: • Lot 1 - 4,188sqm - $450,000 to $495,000 • Lot 2 - 4,051sqm - $450,000 to $495,000 • Lot 3 - 4,101sqm - $450,000 to $495,000 These allotments would be ideal for a prestige home site, while also offering potential for a smaller future subdivision concept of approximately 4-6 allotments averaging around 750sqm, subject to council consents and future zoning approvals. _____________________________________________________________ Option 2 - Home Allotment The existing home is proposed to be offered separately on approximately 4,555sqm, with an anticipated price range of $800,000 to $850,000. ______________________________________________________________ How to Secure This Opportunity This property is being offered for sale by Best Offer using the Online Offer platform, providing buyers with a transparent and flexible way to submit and negotiate their offer. Interested parties simply need to submit an enquiry through this listing to receive a link to register for the Openn Offers platform. Once registered, buyers can review the available information and submit their offer online. The Openn Offers platform allows qualified buyers to see where their offer sits during the negotiation process, creating a fair and transparent environment for all parties. For further information or assistance registering for the offer process, please contact Nigel Christie - Urban & Rural Partners. AND PS - THE HOME IS CURRENTLY RENTED AT $750 PER WEEK

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
8.1 ha
Listed
3 months ago

Repayment calculator

$2,569/month
$1,285 /fortnight
Loan $424,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$106,000
Stamp duty$22,980
Conveyancing (est.)$2,000
Total upfront$130,980
Verify with SA revenue office →
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Neighbourhood

Living in Berri

This 4-bedroom house in Berri, SA 5343 sits within reach of public transport, local shops and nearby schools.

Schools near Berri

  • Berri Primary Schoolprimary · U, R-6 · CoEd
  • Our Lady of the River Schoolprimary · R-6 · CoEd
  • Berri Regional Secondary Collegesecondary · U, 7-12 · CoEd

What's nearby

  • Berri (train)2.4 km away
  • Reece1.7 km away
  • Unnamed1.2 km away
  • Unnamed1.6 km away
  • Glassey Park1.7 km away

Berri at a glance

Full suburb profile
Population
4,143
Median age
42
Household income
$1,039/wk
Median rent
$215/wk
Median mortgage
$1,040/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Berri price trend

Median sold · House 4 bed

Compound growth +9.3% / yr over 4 yrs

$544kcurrent median

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Price history

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