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.
SA › Morphett Vale › Larrimah Rd
$655,000
Last sold
27 Mar 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
581 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
$655,000
27 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Morphett Vale (last 5 years) with land size have a median of $1,060/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.
Vs Morphett Vale
-17.6%
Median sale
Suburb $795,000
+0.79 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 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 $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.
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
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.
Listing material
Listed by Magain Real EstatePlease contact Craig Thomson and Andrew Robey from Magain Real Estate for all your property advice.
Nestled in the heart of Morphett Vale, this delightful 3 bedroom, 1 bathroom home presents an ideal opportunity for families or savvy investors seeking comfort and convenience. With its prime location, spacious outdoor area, and proximity to essential amenities, this property encapsulates the essence of comfortable living.
Key Features:
Location: Situated in the sought-after Morphett Vale neighborhood, this residence boasts proximity to essential amenities. Just a stone's throw away, residents can enjoy the convenience of the local IGA Super Market, making grocery shopping a breeze.
Solar Panel System with Inverter: Embrace sustainable living and reduce energy costs with the installed solar panel system, contributing to environmental conservation and long-term savings.
Evaporative Cooling Air-Conditioning System: Experience efficient and eco-friendly cooling during warmer months with the evaporative cooling system, ensuring optimal indoor climate control and air quality.
Spa Bath: Indulge in luxury and relaxation with a spa bath, offering a tranquil retreat within the comfort of your own home.
Property Size: Spanning a generous block size of 581 m², this property offers ample space for outdoor activities, gardening, and potential future expansions.
Outdoor Entertaining: The house features a spacious outdoor paved courtyard, perfect for hosting gatherings, barbecues, or simply enjoying alfresco dining with family and friends. The courtyard provides an inviting space for relaxation and entertainment, enhancing the overall lifestyle appeal of the property
Car Garage: Convenience is further enhanced with the inclusion of a car garage, providing secure parking and additional storage space for vehicles, tools, or recreational equipment.
Additional Features:
Education: Families will appreciate the proximity to educational facilities. Less than a 5-minute drive leads to the esteemed Lonsdale Heights Primary School, providing quality education for young learners. Additionally, Wirreanda Secondary College is conveniently located just over a 5-minute drive away, catering to the educational needs of older students.
Generous Living Areas: Experience spacious and versatile living areas designed for modern family lifestyles, providing ample room for relaxation, entertainment, and everyday activities.
Study Nook: Discover the flexibility of a potential study nook, offering a dedicated space for work, study, or creative pursuits within the comfort of your home.
Tool Shed: Enhance functionality and organization with the addition of a tool shed, providing convenient storage for gardening tools, equipment, and other household items.
This charming family home in Morphett Vale encapsulates the essence of comfortable living, offering a harmonious blend of convenience, functionality, and lifestyle appeal. Whether you're a growing family looking for a new home or an astute investor seeking a promising opportunity, this property is sure to captivate your interest.
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 222182)
Listing description written by Craig Thomson, Magain Real Estate — reproduced as published, not verified by Districts.