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SA › Morphett Vale › Easton Rd

3 Easton Rd, Morphett Vale SA 5162

For saleHouse

$869,000–$909,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

458 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $869,000–$909,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $869,000–$909,000(Listing record · 26 Aug 2026)
  • CalculationRecorded House sales in Morphett Vale (last 5 years) with land size: median $1,064/m² of land (n=145). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 9% above the Morphett Vale median recorded sale ($795,000, n=7, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Morphett Vale's advertised median rent ($566/wk), implied gross yield would be 3.39% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$869,000–$909,000

Asking range · $1,897/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Morphett Vale (last 5 years) with land size have a median of $1,064/m² of land (n=145). 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.

See the full Morphett Vale report →

Vs Morphett Vale

+9.3%

Median sale

Suburb $795,000

-0.31 pp

Gross yield

Suburb 3.70%

Suburb median $795,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$869,000
Stamp Duty (South Australia)
$41,625
Transfer/Registration Fee
$8,963
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$923,288

$54,288 on top of the price (6.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Morphett Vale's advertised median rent — not a rent for this listing.

Net yield
1.89%
Annual cashflow (pre-tax)
$-28,791
Interest cover (DSCR)
0.36
Annual rent
$29,432
Operating expenses
$13,035
Loan amount
$695,200
Annual interest
$45,188
Gross yield
3.39%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$869,000–$909,000available26 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Morphett Vale in one glance

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.

See the full Morphett Vale report →

Keep researching

  • Why Morphett Vale? Read the area thesis →
  • What else is on the market in Morphett Vale →
  • Other records on Easton Rd →

Listing material

Listed by Harcourts Plus

Modern Family Home with Large Shed

A home designed for modern family life with all the space and extras you've been searching for!

Presenting an exciting opportunity for first-home buyers, downsizers or investors.

Master suite at the front of the house, complete with a walk-in robe and private ensuite. With the remaining bedrooms each featuring built-in robes to keep everything organised. A separate study adds flexibility - perfect as a home office or kids' playroom.

Read the full description

The central hub of the home is the light-filled open plan kitchen with butlers pantry, dining and living area - perfect for family meals, entertaining friends, or relaxing together at the end of the day. The kitchen is well-equipped with a gas cooktop, dishwasher, and generous storage, making cooking and entertaining a breeze.

Comfort is taken care of year-round with ducted reverse cycle heating and cooling, while solar panels provide energy efficiency and peace of mind.

Outside, you'll love the double garage with NBN connection and large powered shed - ideal for weekend projects, storage, or a dream workshop. The backyard offers a tranquil environment, all within a welcoming neighbourhood close to schools, shops, parks, and transport.

This is more than just a house - it's a place to make memories.

Features we love:

• Master Suite with built in robe and ensuite

• High Ceilings

• Double Garage with NBN connection

• Large powered shed

• Solar Panels

• Open Plan Kitchen area with breakfast bar and unique Butlers Pantry

• Alfresco under main roof

• Tranquil low maintenance backyard

Daniel Nichols | 0402 850 313

(08) 8328 1400 | harcourtsplus.com.au

We Create Success | Morphett Vale

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. Interested parties should make their own enquiries and obtain their own independent advice.

Listing description written by Daniel Nichols, Harcourts Plus — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ducted Cooling
  • Ducted Heating
  • Study
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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.