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 › Le Cornu Ave
$600,000
Last sold
15 June 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
234 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
$600,000
15 June 2023 · derived via latest_sale
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.
Vs Morphettville
-43.5%
Median sale
Suburb $1,062,000
+2.19 pp
Gross yield
Suburb 2.85%
Suburb median $1,062,000 from 29 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 $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 Noakes NickolasBest Offers by Monday the 19th of June at 12PM (Unless Sold Prior).
Set towards the rear of a small community-titled group on Le Cornu Avenue, this polished three-bedroom late 90's home is well suited to a variety of life's stages and offers privacy and convenience from Morphettville.
Behind a polished north-facing red brick façade fitted with shade blinds, enter via the covered porch into the generous living room.
Bathed in natural light, between new floating timber floors and above average ceiling heights, enjoy easy flow through to the dining and kitchen.
Contemporary white cabinetry and tiled splashbacks wrap the kitchen, with a gas cooktop and plenty of counter space keeping life convenient. Glass sliding doors connect the meals to the large outdoor entertaining, expanding your possibilities for everyday dining and entertaining alike.
Down the hall, three double bedrooms provide quiet retreats, all carpeted for comfort, and the two larger fitted with built-in robes. A well-maintained bathroom services them all, and includes a separate bath and shower, and a handy adjacent toilet.
Cleverly updated and well planned out, this comfortable home base is ready to give you a new lease on life in Morphettville.
Surrounded by playgrounds, reserves and ovals, walking distance to Bray St Coffee Roasters and Strappers Café, and ideally located between the city and the sprawling metropolitan coastline, weekends and weekdays are all a breeze from Le Cornu Avenue.
More features to love:
- Reverse cycle split system A/C units to living space and main bedroom
- Secure carport with auto roller door and further off-street parking
- Laundry with external access
- Instant gas hot water system
- Everyday shopping convenience at Coles Park Holme and IGA Morphettville
- Zoned to Hamilton Secondary College, close to Ascot Park Primary and within the catchment area for Ascot Park Kindergarten
- Easy access to public transport along Morphett Road and Bray and Hendrie streets
- Just 3km to the shore of Glenelg and under 7km to the Adelaide CBD
Land Size: 234sqm
Year Built: 1998
Title: Community
Council: City of Marion
Council Rates: $1,191.78PA
SA Water: $146.65PQ
ES Levy: $116.80PA
Community Rates: $158.85PA
Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.
Listing description written by Simon Noakes, Noakes Nickolas — reproduced as published, not verified by Districts.