Morphettville at a glance
4,086
People
$1,062,000
Median sale
$582/wk
Median rent
2.85%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
SA › Morphettville › Lecornu Ave
3
Bedrooms
1
Bathrooms
3
Car spaces
747 m²
Land
106 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Morphettville (last 5 years) with land size have a median of $2,551/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Morphettville at a glance
4,086
People
$1,062,000
Median sale
$582/wk
Median rent
2.85%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
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 $582/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
Morphettville at a glance
4,086
People
$1,062,000
Median sale
$582/wk
Median rent
2.85%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Refined Real EstateWhether it's your first home, investment opportunity or if you are looking for a blank canvas to renovate and create your dream home, this find will be what you have been looking for. Bring your paint brush and imagination because with a little TLC this home will shine bright like a diamond again!
A solid brick home with a great street presence, set on a large allotment of 747m2(approx.) this home presents a fantastic opportunity for an affordable entry level for the first home buyer or for the handy person to upgrade, or extend and create their dream home. The home is neatly presented and currently boasts a functional floor plan comprising of three bedrooms, kitchen/dining area, central bathroom with a separate toilet and laundry. There is also a separate large powered double garage at the rear of the home, plus a separate garden shed.
Located in the increasingly popular suburb of Morphettville, position is certainly a winner with this property. Conveniently located close to great public and private schooling, public transport, local shops, Oaklands wetland and reserve, local sporting clubs, and the popular Morphett Arms Hotel.
With a quality second to none in such a central location, this lovely home is sure to appeal to everyone seeking opportunities to capitalise on a property that has so much potential. Call Ian today to secure.
*Please note this property is being offered for auction (USP) with no price in line with current real estate legislation. A list of recent local sales will be made available to assist with market research. Offers submitted prior to the auction will be considered under auction conditions. It is the purchaser's responsibility to seek their own legal advice and fulfil a Form 3 cooling-off waiver*
Listing description written by Ian Jesse, Refined Real Estate — reproduced as published, not verified by Districts.