Dubbed as the green heart of Murray Bridge, this growing community sits next to the town’s golf course and showcases two brand-new golf fairways that weave through the centre of the neighbourhood, alongside the entry reserves to create a green centrepiece.
This final land release was initially marked as potential ‘future accommodation’ or ‘tourist site’ but has now been allocated as residential allotments to help relieve the demand for housing in Murray Bridge, with the first five stages of the development almost sold out.
Launched in September 2020, Burke Urban Sales and Marketing Director Olivia Burke is delighted to see the positive demand at Newbridge and advises this is the last ever opportunity for people to secure their future in the thriving new neighbourhood.
“We set out to build a strong community and a green heart for Murray Bridge, and we are proud to see this project launching its final stage. It’s been a joy to see this vision come to life with the completion of reserves, play spaces, and BBQ areas, along with the ever-growing community,” Olivia continued. “Additionally, the street trees and verge landscaping have commenced and will continue until the project’s completion.”
Murray Bridge has experienced unprecedented growth in recent years, with the Real Estate Institute of South Australia (REISA) naming the town in the top three rising regional property markets and Canstar naming Murray Bridge as one of the best five regional towns to invest in Australia.
In 2020 the Murray Bridge Council implemented a four-year economic development plan set to advance local tourism and key industries. As a result, Murray Bridge and the surrounding communities have seen almost one billion dollars invested into the economy.
These key developments include the relocation of the Murray Bridge Racing Club, the expansion of the Monarto Safari Park and The Bend Motor Sport Park as well as the opening of Thomas Foods’ state-of-the-art meat processing plant all of which have drawn tourists and new residents to the area.
Upon the completion of this final stage, Burke Urban will have delivered 160 new allotments to help ease the demand for new housing and have set a new benchmark for quality living in the heart of Murray Bridge .
Olivia Burke said, “It’s fantastic to see Murray Bridge becoming one of the most sought-after regional areas in South Australia.”
“Over the last ten years, starting with the relocation of the Murray Bridge Racing Club, Burke Urban and its supportive Joint Venture and Investor Group, has consistently contributed to the vision and planning for the region’s growth, knowing that its close proximity to Adelaide, easy freeway access from Melbourne, river amenity, affordability and burgeoning industry growth, gives it the trademark characteristics of a vibrant and sustainable regional city,” Olivia continued.
The final stage consists of 31 new allotments ranging in size from 425 – 733m2 with prices starting at an unbelievable $139,000.
The development approval for this final stage has been received, with construction due to start mid-year 2024 with the aim to be complete by the end of the year.
