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.
SA › Murray Bridge › Doecke Rd
$430,000
Last sold
3 Feb 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
972 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$430,000
3 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Murray Bridge (last 5 years) with land size have a median of $776/m² of land (n=106). Districts calculation from recorded sales — not a valuation.
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.
Vs Murray Bridge
-29.5%
Median sale
Suburb $610,000
+1.64 pp
Gross yield
Suburb 3.92%
Suburb median $610,000 from 133 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning 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.
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
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Ray White StrathalbynRay White Murray Bridge proudly presents 51 Doecke Road, Murray Bridge - a well-positioned three-bedroom, one-bathroom home, built circa 1985, set on a generous 972m² allotment and offering an exceptional opportunity for buyers seeking value, potential, and immediate rental return.
While the property would benefit from some TLC, it represents a true value-add opportunity for investors, renovators, or first-home buyers looking to enter the market at an affordable level. Importantly, the home is currently tenanted, providing purchasers with an immediate return on investment from day one, making this an attractive option for those looking to generate income while planning future improvements.
The home features a practical and functional layout, offering solid foundations and well-proportioned living spaces that can be enhanced through modern updates over time. With scope to refresh, reconfigure, or cosmetically upgrade, the property presents a blank canvas for buyers with vision to improve both comfort and capital value.
Set on a substantial 972m² allotment (approx.), the outdoor space provides ample room for further improvements, outdoor entertaining areas, additional shedding, or landscaping projects (STCC). The generous land size adds another layer of appeal, offering flexibility and long-term potential rarely found at this price point.
Whether you're seeking a budget-friendly investment with immediate rental income, a first home with room to grow, or a project that allows you to add value over time, this property delivers a compelling combination of affordability, space, and upside potential.
Key Features:
• 3 bedrooms and 1 bathroom
• Built circa 1985
• Generous 972m² allotment (approx.)
• Currently tenanted - providing immediate rental return
• In need of TLC with strong potential to add value
• Functional layout ready for modernisation
• Ample space for future improvements, extensions, or landscaping (STCC)
• Ideal entry-level opportunity for investors or first-home buyers
Offering immediate income alongside exciting potential for future enhancement, 51 Doecke Road is a smart acquisition for buyers looking to secure value today while planning for tomorrow.
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.
Listing description written by Bodi Stewart, Ray White Strathalbyn — reproduced as published, not verified by Districts.