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SA › Murray Bridge › Grassmere Dr

27 Grassmere Dr, Murray Bridge SA 5253

For saleHouse for Sale

$780,000–$810,000

For sale

Asking range

3

Bedrooms

3

Bathrooms

2

Car spaces

648 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $780,000–$810,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $780,000–$810,000(Listing record · 10 Aug 2026)
  • FactLand 648 m²; no building size recorded.(Property record)
  • CalculationAsk is 28% above the Murray Bridge median recorded sale ($610,000, n=133, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Murray Bridge's advertised median rent ($460/wk), implied gross yield would be 3.07% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$780,000–$810,000

Asking range · $1,204/m² of land

No recorded sale for this property.

Murray Bridge at a glance

16,725

People

$610,000

Median sale

$460/wk

Median rent

3.92%

Suburb gross yield

Median sale from 133 recorded sales (last 12 months) — a Districts calculation.

See the full Murray Bridge report →

Vs Murray Bridge

+27.9%

Median sale

Suburb $610,000

-0.85 pp

Gross yield

Suburb 3.92%

Suburb median $610,000 from 133 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$780,000
Stamp Duty (South Australia)
$36,730
Transfer/Registration Fee
$8,018
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$828,448

$48,448 on top of the price (6.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Murray Bridge's advertised median rent — not a rent for this listing.

Net yield
1.57%
Annual cashflow (pre-tax)
$-28,340
Interest cover (DSCR)
0.30
Annual rent
$23,920
Operating expenses
$11,700
Loan amount
$624,000
Annual interest
$40,560
Gross yield
3.07%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$780,000–$810,000available10 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Murray Bridge in one glance

Murray Bridge at a glance

16,725

People

$610,000

Median sale

$460/wk

Median rent

3.92%

Suburb gross yield

Median sale from 133 recorded sales (last 12 months) — a Districts calculation.

See the full Murray Bridge report →

Keep researching

  • Why Murray Bridge? Read the area thesis →
  • What else is on the market in Murray Bridge →
  • Other records on Grassmere Dr →

Listing material

Listed by Professionals Murray Bridge

Purpose-Built NDIS-Approved Accessible Residence

This purpose-built, NDIS-approved accessible residence has been specifically designed to provide comfortable, functional, and independent living for people with disability, with particular consideration given to wheelchair users. The home incorporates a range of specialised accessibility features that distinguish it from a standard residential dwelling.

Accessibility has been prioritised throughout the property, with widened doorways, generous circulation spaces, and lowered fixtures and fittings to enhance ease of movement and day-to-day functionality. The open-plan kitchen, living, and dining areas have been thoughtfully designed with lowered work surfaces and an accessible layout that promotes independence and practicality.

Bedrooms 1 and 2 each feature purpose-built accessible ensuites, specifically designed to accommodate mobility requirements while improving safety, convenience, and ease of use. The remaining bathroom facilities throughout the home have also been designed with disability-friendly layouts and accessibility features.

Read the full description

A notable feature of the property is the dedicated carers' accommodation, comprising a separate bedroom and bathroom. This provides private and practical accommodation for carers, support staff, or extended family members while maintaining separation and privacy from the primary living areas.

The dwelling has been approved under the National Disability Insurance Scheme (NDIS), further enhancing its appeal to purchasers seeking compliant specialist disability accommodation. This approval, together with the home's purpose-built design and accessibility features, positions the property as a rare offering within the local market. While its specialised nature is likely to appeal to a more targeted purchaser profile, it also offers broader appeal as a highly adaptable and future-focused residence suitable for ageing in place or changing mobility needs.

In assessing the market value, consideration has been given to the quality of construction, the extent and standard of the specialised accessibility modifications, the NDIS approval status, the overall functionality of the design, and the limited availability of comparable purpose-built accessible homes within the local market. These factors have been appropriately reflected in the valuation assessment, recognising both the property's specialised market appeal and its overall utility.

Listing description written by Nathan Bolt, Professionals Murray Bridge — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Ducted Cooling
  • Ensuites: 2
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.