52 Mulgundawah Road, Murray Bridge, SA 5253 | House for sale | OnTheHouse
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52 Mulgundawah Road
Murray Bridge SA 5253

Bedrooms: 6
Bathrooms: 4
Car spaces: 4
Land area: 1012m2
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Unique Opportunity - Income Generator

This exceptional property screams income from the moment you arrive - a true set-and-forget opportunity for the savvy investor.
With many work & holiday visa holders residing in the region, there is an opportunity here to generate consistent income by providing mid/long term room share accommodation for visa holders, making it a reliable, high-yield performer. Murray Bridge experiences a strong demand for temporary and ongoing accommodation for FIFO Maintenance Technicians and Seasonal Agriculture Staff. With an existing development approval for subdivision into 4 allotments (no plans lodged with LTO), there remains further development opportunity to provide workers accommodation or leisure stays.
The low supply and high demand for both large houses and mechanical workshops means this is a lucrative investment that suggests immediate returns and long-term growth potential.
Key features:
• 2x 1960s constructed buildings on a 1100sqm fenced allotment.
• 105sqm, 19 room Brick veneer building with hardwood frame and galvanized iron roof 3 lounge, 5 bedroom, 3 bathroom house with a 1 bay and 3 bay carport and storage shed
• Multiple rainwater storage tanks including an underground tank plumbed into house
• Partially refurbished mechanical workshop. Workshed with concrete floor, lighting, power/TV/internet points, high clearance, pit, gantry and 3 phase power connected. Adjacent to living quarters and/or office facilities, plus high clearance double length, extra wide carport
• 5 mains electricity meters (each wired to a separate portion of the land to allow for 5 operable spaces or have the Meters registered to a single NMI for the convenience of a single usage charge and electricity account) , 1 mains water meter, 1 mains sewer connection, kerbside waste collection and roadside Auspost mail delivery
• Residential market suggests a reliable and consistent income of $2,000 per week
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Property Details for 52 Mulgundawah Rd, Murray Bridge

52 Mulgundawah Rd, Murray Bridge is a 6 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Ray White Mount Barker.

Building Type
House
Land Size
1012m2
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About Murray Bridge 5253

The size of Murray Bridge is approximately 25.4 square kilometres. It has 54 parks covering nearly 8.6% of total area. The population of Murray Bridge in 2016 was 14560 people. By 2021 the population was 15043 showing a population growth of 3.3% in the area during that time. The predominant age group in Murray Bridge is 30-39 years. Households in Murray Bridge are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Murray Bridge work in a labourer occupation.In 2021, 54.90% of the homes in Murray Bridge were owner-occupied compared with 52.50% in 2016.

Murray Bridge has 8,529 properties. Over the last 5 years, Houses in Murray Bridge have seen a 146.72% increase in median value, while Units have seen a 155.23% increase. As at 31 October 2025:

  • The median value for Houses in Murray Bridge is $527,122 while the median value for Units is $415,487.
  • Houses have a median rent of $480 while Units have a median rent of $415.
There are currently 47 properties listed for sale, and 36 properties listed for rent in Murray bridge on OnTheHouse. According to Cotality's data, 548 properties were sold in the past 12 months in Murray bridge.

Suburb Insights for Murray Bridge 5253

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Sam Borg
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Jacob Branch
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Ray White Mount Barker
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.