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 › Wallage Ave
$937,500
Last sold
6 Dec 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
369 m²
Land
109 m²
Building
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
$937,500
6 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Morphettville (last 5 years) with land size have a median of $2,561/m² of land (n=75). 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.
Vs Morphettville
-11.7%
Median sale
Suburb $1,062,000
+0.38 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
UnknownArea
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 Harcourts Coast & VinesIntroducing 2A Wallage Avenue, a beautifully presented fully renovated home at Morphettville. All the hard work has been completed for you, so all that is left to do is just move in and relax.
Inside features master bedroom with walk-in robe, plantation shutters, ceiling fan and dressing area which leads to a beautiful 2-way bathroom offering large shower and stylish bath. There is a separate toilet, and separate vanity area with beautiful finish and ample storage.
Bedroom 2 features built-in robe and ceiling fan and bedroom 3 is currently used as an office. The versatility of these rooms will cater to various buyer needs, whether it be for children, home office or visiting family.
Culinary buffs will love the beautifully renovated kitchen, featuring Caesarstone tops and brand-new appliances. The kitchen adjoins the family / meals area which opens onto the most fabulous outdoor living area, featuring low-maintenance gardens, with pizza oven and pond, the perfect place to entertain friends and family.
Other features include ducted/zoned reverse cycle air-conditioning, security system, garden shed & solar panels. The double garage has auto roller doors and offers internal access, as well as attic access, providing excellent additional storage space.
Location is prime, Kellett Reserve Oval is on your doorstep, ideal for your dog to play and family to kick the footy or just enjoy the outdoors. IGA, local shopping, Medical Centre & Morphett Arms Hotel are all within walking distance, and world class beaches, Marion Outdoor Pool and the Marion Shopping Centre are just a short drive away.
Your inspection is highly recommended!
Listing description written by Corey Michelmore, Harcourts Coast & Vines — 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.