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 › Wheatsheaf Rd
$531,000
Last sold
19 Apr 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
674 m²
Land
98 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
$531,000
19 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Morphett Vale (last 5 years) with land size have a median of $1,066/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.
Vs Morphett Vale
-33.2%
Median sale
Suburb $795,000
+1.84 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
UnknownArea
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 Raine & Horne Morphett Vale / Christies BeachGet ready to roll up your sleeves and reap the rewards. This corner allotment offers several opportunities for astute purchasers whether you're keen to renovate and create your own indoor and outdoor spaces or If you're interested in a potential sub-division project with approximately 670m2 of land and two street frontages the options there, [subject to all necessary consents]. Maybe you've been looking for a block to build your dream home and want side street access for your boat or van. Be on the southern expressway within 10mins for your city work commute or head down south to McLaren Vale for some weekend wine tasting and a meal. You're spoilt for beaches in under 10 minutes by car to choose from for your morning swim or sunset walks.
What you'll love about your new Home:
• Options for now or in the future
• A blank canvas both inside & out
• 2 Minutes walk to the bus
• Gas instantaneous hot water service
• Fenced yard for pets and children
• Large shed
• Double side gates with shed access
• Dual street driveway access
Morphett Vale is a very popular family suburb with all the must-have facilities you or your tenants will want. Walking distance to primary and high schools both public or private as well as the local kindy & childcare centre. Overlooking Wilfred Taylor Reserve so no neighbors opposite you just a leafy reserve with mature gums. A short walk to the playground, dog training, archery, Morphett Vale Riding Club, miniature train line & BMX tracks with the local sporting complex including basketball, netball, soccer, rugby & table tennis just 5 five-minute drive away. As you can see there's so much on offer with the property and area. This one is priced to sell and ready to view this weekend at one of my opens or you might miss out. Please note that the pictures, floorplan, etc are for illustration purposes only as are the measurements so I look forward to showing you the property to inspect it in person. Please note offers from this weekend's opens will close at 10 am Monday 15th April 2024. Please note heating and cooling isn't advertised as the split system doesn't work in the living room.
Listing description written by Rebecca Giameos, Raine & Horne Morphett Vale / Christies Beach — reproduced as published, not verified by Districts.
Nearby 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.