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Lot 340 Rail Road, Morgan$95,000
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Lot 340 Rail Road

Morgan, SA 5320, Australia
$95,000
2.89 ha

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About this property

Leonie Simmons, together with Chloe Goers and SA Homes & Acreage introduce to you this opportunity to secure your own piece of the River Murray land. Positioned in the quiet riverside township of Morgan, Lot 340 Rail Road presents a fantastic opportunity to secure a peaceful parcel of land in a naturally beautiful setting. This vacant allotment of 2.89 hectares offers a clean slate, ready for you to bring your vision to life. With some fencing already established and no existing services or structures, you have the flexibility to create a space that suits your needs - whether that's a laid-back holiday base, a bush escape, or land for running stock. Surrounded by the charm of the Australian landscape and located just a short distance from the Murray River, this property is perfect for those who appreciate the outdoors. Spend your time enjoying boating, fishing, or simply soaking up the tranquillity that the Riverland is known for. Morgan itself is a welcoming and historic town, offering everyday conveniences such as a general store, café, hotel, and schooling options. It's a community that embraces a relaxed pace of life while still providing the essentials close at hand. For additional services and shopping, larger Riverland centres are within comfortable driving distance, making this an ideal balance between seclusion and accessibility. Whether you're looking to invest, escape, or create something entirely your own, this is a chance to secure a slice of river country and enjoy everything the region has to offer. Purchase separately or, enquire with the agent to acquire the additional adjoining 2.89 hectares. Contact Agent: Leonie Simmons 0427 807 811 leonie@simmonsgroup.au Chloe Goers 0427 807 812 chloe@simmonsgroup.au Property Details • Land Size - 2.89 hectares • Zoning - RUL- Rural Living • Council - Mid Murray • Title - Torrens Title • CT Reference - Volume 5454 Folio 319 • Easements - No Disclaimer: While every effort has been made to ensure the accuracy of the information provided, neither the vendor nor our company accept any responsibility or liability for any omissions or errors. We recommend that prospective buyers undertake all necessary independent enquiries, inspections, and property searches. This brochure, photographs, and floorplan (if provided) are for guidance purposes only. RLA 263081.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
2.89 ha
Listed
2 months ago

Repayment calculator

$461/month
$230 /fortnight
Loan $76,000 at 6.10% over 30 years

Upfront costs

Deposit$19,000
Stamp duty$2,655
Conveyancing (est.)$2,000
Total upfront$23,655
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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 Morgan

This land in Morgan, SA 5320 sits within reach of public transport, local shops and nearby schools. It is listed 80% below the $485,000 median of 12 comparable landswithin 5 km.

Schools near Morgan

  • Morgan Primary Schoolprimary · R-6 · CoEd

What's nearby

  • Morgan (ferry)2.3 km away
  • Home Timber & Hardware2.1 km away
  • Morgan Lions Park2.3 km away

Morgan at a glance

Full suburb profile
Population
509
Median age
55
Household income
$745/wk
Median rent
$178/wk
Median mortgage
$780/mo

Source: ABS Census.

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Suburb market

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Morgan price trend

Median sold · House 3 bed

$385kcurrent median

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