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 › Wakefield Ave
$740,000
Last sold
30 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
750 m²
Land
118 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
$740,000
30 Apr 2025 · 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
-6.9%
Median sale
Suburb $795,000
+0.28 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 Magain Real EstatePlease contact Travis Denham and Andrew Fox from Magain Real Estate for all your property advice.
Nestled in the peaceful suburb of Morphett Vale, this charming three-bedroom home with a study offers a perfect blend of comfort, character, and flexibility. Built in 1969, the property boasts a spacious floorplan, light-filled interiors, and generous front and rear yards-ideal for first-home buyers, growing families, or astute investors.
Step inside to a warm and welcoming entryway, highlighted by beige tiled flooring. To the right, the expansive living room features a charcoal carpet that complements a striking brick feature wall. A large picture window invites an abundance of natural light, while the gas heater creates a cosy retreat for cooler nights-perfect for relaxing with family.
Through the archway, the open-plan kitchen and dining area provide an ideal space for entertaining. Sliding doors lead to a decked verandah, enhancing the indoor-outdoor flow. The kitchen is well-equipped with a 4-burner gas cooktop, oven, rangehood, and dishwasher. Ample cabinetry and dark benchtops offer excellent storage and workspace for culinary adventures.
The home includes three generously sized bedrooms, each with plush carpets and built-in robes. The front two bedrooms feature large picture windows that bathe the rooms in sunlight, while the third bedroom includes an attached study-ideal for a home office, teenage retreat, or multi-functional space. This area also offers direct access to the verandah.
All bedrooms are conveniently located near the main bathroom and laundry. The bathroom is functional and family-friendly, with a bathtub, walk-in corner shower, vanity, and a separate toilet.
Year-round comfort is assured with ducted evaporative cooling and ducted heating throughout the home. This property comes equipped with a 5kW solar power system, delivering clean and renewable energy to help reduce electricity bills and your environmental footprint.
Outdoors, you'll find ample space to enjoy and make your own. The enclosed front yard is perfect for children and pets, with lush lawn surrounded by tropical-style garden beds.
The backyard offers a blank canvas brimming with potential-whether you dream of a landscaped garden, play area, or veggie patch, the choice is yours. The decked verandah is perfect for entertaining in any season, with outdoor blinds providing added comfort and privacy.
A single, double-length carport offers plenty of room for vehicles and leads through to a rear garage which can store four or more cars of can ideally be used as a workshop, storage, or hobby space.
What truly enhances the appeal of this exceptional home is its superb location! Positioned near a variety of schools including Pimpala Primary School, Morphett Vale Primary School, Sunrise Christian School Morphett Vale, Prescott College Southern, Southern Vales Christian College, and Woodcroft College, it offers unparalleled educational convenience. Public transportation is easily accessible with the Reynella Bus Interchange and Lonsdale Railway Station just moments away, ensuring seamless connectivity. Residents can also enjoy convenient shopping at nearby destinations such as Southgate Plaza, Woodcroft Town Centre, and Colonnades Shopping Centre. For leisure activities, there are numerous parks and reserves nearby including Callander Avenue Reserve and Tangari Regional Park, promising a harmonious blend of comfort and recreation.
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.
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.