52 Mulgundawah RoadMurray Bridge SA 5253
Property Details for 52 Mulgundawah Rd, Murray Bridge
52 Mulgundawah Rd, Murray Bridge is a 6 bedroom, 4 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 999m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in August 2006.
Last Listing description (January 2026)
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
Potential for further refurbishment, improved division and/or commercial use STCC
Low-maintenance, high-return investment
A short walk to the golf course which is currently being developed into a world class facility
Along the same road as the race course currently being developed with a world class equine centre.
Adjacent to the Newbridge Estate and situated on the road leading from the town centre to the proposed Gifford Hill Development.
One Hours drive to Adelaide CBD, Murray Bridge regional centre gaining economic momentum as a result of the Greater Adelaide Plan.
Whether you're an experienced investor or searching for the perfect entry into the high-return rental market, this property is one not to be missed. Opportunities like this are rare - secure your income-producing asset today.
All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate, and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. RLA 278947
Property History for 52 Mulgundawah Rd, Murray Bridge, SA 5253
- 13 Oct 2025Listed for Sale Contact Agent
- 08 Mar 2019Listed for Rent $165 / week
- 09 Jan 2018Listed for Rent - Price not available
Recent sales nearby
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0About Murray Bridge 5253
The size of Murray Bridge is approximately 25.4 square kilometres. There are 54 parks, covering nearly 8.6% of the 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 8,576 properties. Over the last 5 years, Houses in Murray Bridge have seen a 145.84% increase in median value, while Units have seen a 126.85% increase. As at 31 July 2026:
- The median value for Houses in Murray Bridge is $610,557 while the median value for Units is $434,108.
- Houses have a median rent of $500 while Units have a median rent of $440.
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