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SA › Morphett Vale › Monterey Ave

10 Monterey Ave, Morphett Vale SA 5162

House

$579,000

Last sold

3 Oct 2023

4

Bedrooms

1

Bathrooms

2

Car spaces

660 m²

Land

131 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $579,000 (3 Oct 2023).(Recorded sale)
  • CalculationLand 660 m² against a 131 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Morphett Vale (last 5 years) with land size: median $1,066/m² of land (n=144). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$579,000

3 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Morphett Vale (last 5 years) with land size have a median of $1,066/m² of land (n=144). Districts calculation from recorded sales — not a valuation.

Morphett Vale at a glance

24,888

People

$795,000

Median sale

$566/wk

Median rent

3.70%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Morphett Vale report →

Vs Morphett Vale

-27.2%

Median sale

Suburb $795,000

+1.38 pp

Gross yield

Suburb 3.70%

Suburb median $795,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$579,0003 Oct 2023
  2. Listedprice unknowncompleted31 Aug 2023
  3. Listedprice unknowncompleted31 Aug 2023

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 $566/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

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

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

Morphett Vale in one glance

Morphett Vale at a glance

24,888

People

$795,000

Median sale

$566/wk

Median rent

3.70%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Morphett Vale report →

Keep researching

  • Why Morphett Vale? Read the area thesis →
  • What else is on the market in Morphett Vale →
  • Other records on Monterey Ave →

Listing material

Listed by Magain Real Estate

A warm & welcoming ambiance throughout, this delightful, family residence is the perfect place to call home!

Please contact Travis Denham and Michelle Draper for all your property advice.

Positioned on a generous 660 sqm block (approx.), with a family friendly backyard inclusive of a delightful, outdoor entertainment area, this property is simply packed with features you'll be sure to love. Featuring a functional and spacious floorplan, and within close proximity to local amenities such as shops and schools, not to mention Nash Crescent Park just opposite the property. This presents as the perfect place for your growing family to call home.

Entering into the home, it is hard to ignore the warm and welcoming ambiance that this home embodies, with timber-style flooring, and large picture windows featured throughout, as well as a comforting gas heater featured in the living area.

Read the full description

The formal living room is the ideal space to snuggle up with loved ones to enjoy all your favourite films during those colder winter months.

The kitchen is fully functional, with ample bench space for food preparation, as well as an abundance of storage available within cupboards & drawers as well as the addition of a walk-in pantry. Appliances include a gas cooktop with rangehood, oven and dishwasher.

The dining area which is located adjacent to the kitchen is where you can indulge in those delicious home cooked recipes with friends and family.

Four quality bedrooms complete the home and for your storage convenience, bedrooms one and three are both equipped with a built-in wardrobe. Bedroom four offers an abundance of space for you to enjoy, spanning a generous 3.09m x 6.44m and offering direct access outside. Alternatively this space could be utilized as a rumpus room / second living area, the choice is yours.

The layout of this floorplan is exceptionally functional, with bedrooms one, two and three all within close proximity to the home's bathroom. The bathroom is finished with a vanity, walk-in shower, bathtub, toilet and to the delight of the growing family there is an additional separate toilet.

For year-round temperature control, the home is fitted with ducted reverse cycle heating and cooling.

In case you weren't already impressed by the interior of the home, you'll be sure to love what's outside. The front of the home has a large front garden, featuring an array of different plants, trees, and shrubbery. For safe storage of your vehicles there is a double garage, as well as plenty of additional driveway space if you do require.

To the rear of the home, positioned under an extensive pitched pergola with a new tin roof, you can enjoy hosting any event, all year round, regardless of the weather. Enjoy delicious alfresco dining, with the delightful wood fire pizza oven. For extended entertainment and enjoyment, there is a gazebo as well as a second pergola, covered in red and green grape vines.

For the aspiring 'Green Thumb,' this yard is sure to appeal. Offering lemon and mandarin trees as well as a Karriff Lime Leaf Tree. For storage of any tools and equipment there is a garden shed on the property. For the kids and pets to play there is also a large lawn area.

What really tops off this beautiful home must be the location! Within close proximity to numerous schools such as, Pimpala Primary School, Morphett Vale Primary School, Sunrise Christian School Morphett Vale, Prescott College Southern, Southern Vales Christian College and Woodcroft College. Public transport is sure to be an absolute breeze not too far away from the Reynella Bus Interchange and Lonsdale Railway Station. There are multiple shopping facilities nearby such as Southgate Plaza, Woodcroft Town Centre, and Colonnades Shopping Centre, as well as plenty of parks and reserves just across the road from Nash Crescent Park. What's more only a twenty-six-minute drive will land you in the Adelaide CBD via M2, it really just doesn't get much better than this!

Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.

(RLA 299713)

Magain Real Estate Brighton

Independent franchisee - Denham Property Sales Pty Ltd

Listing description written by Travis Denham, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
  • Shed
  • Solar Panels
  • Toilets: 2
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.