Morphett Vale at a glance
24,888
People
$810,000
Median sale
$566/wk
Median rent
3.63%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
SA › Morphett Vale › Felix Cres
3
Bedrooms
1
Bathrooms
2
Car spaces
758 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
No recorded sale price for this property yet.
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
$810,000
Median sale
$566/wk
Median rent
3.63%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
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
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
Morphett Vale at a glance
24,888
People
$810,000
Median sale
$566/wk
Median rent
3.63%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by We Connect PropertyWelcome to this well-presented three-bedroom home in Morphett Vale that offers an incredible opportunity for first home buyers, investors and developers alike.
Centrally located and bursting with potential on a spacious 758m2 (approx.) allotment (with a huge 21m frontage!), its neat, red brick façade invites you to step inside and discover everything it has to offer.
Taking advantage of its east-facing aspect, a large window allows natural light to softly filter throughout the open plan living zone, and year-round comfort is assured thanks to recently updated flooring and a central split system.
Timber panelling flows through to the adjacent kitchen, where a well-placed skylight offers a homely warmth and you’ll find handy access to the laundry.
Three generously-sized bedrooms (two with built-ins and ceiling fans) have recently been updated with new carpet, while a shared bathroom offers a tub, bar heater and separate toilet.
But if you fancy outdoor entertaining, the expansive, fully-fenced backyard is sure to be the home’s most exciting feature. A verandah provides a shady vantage over this veritable blank canvas, ready and waiting to be transformed. Maybe a pool, pergola or extension could be on the cards (stcc)? With more than enough space to dream, the possibilities truly are endless.
Alongside a carport that offers secure, undercover parking, you’ll find plenty more off-street space thanks to the elongated driveway out the front, while a sizeable garden shed provides the perfect place to stow your tools.
Superbly located within arm’s reach of everything you could possibly need, popular shopping and entertainment precincts are all just minutes away. Take advantage of nearby bike tracks and sporting hubs, and with excellent access to major roads and public transport routes, the city is just an easy commute away.
Sure to excite an array of buyers eager to make the most of the space, or investors looking for a savvy addition to their portfolio, this outstanding opportunity won’t last long.
Property Features:
- Set back from the street on a generous 758m2 (approx.) allotment with a huge 21m frontage
- Gorgeous established pepper tree out the front + easy-care gardens
- Neat, red brick façade with blinds fitted to front windows
- Open plan living/meals zone enhanced by a large, east-facing window
- Timber panelled kitchen with freestanding gas cooking, ample bench & storage space, pantry cupboard & skylight
- Reverse cycle split system + recently updated flooring in living zone
- Three bedrooms with updated carpet, two with built-ins and ceiling fans
- Shared bathroom with full-sized bath, shower, vanity and bar heater + separate toilet
- Laundry with external access
- Shady verandah along rear of the home + paved alfresco nook with established palm trees
- Expansive, fully-fenced rear yard
- Dual vehicle carport with roller door + access to the rear yard/verandah
- Elongated driveway for extra off-street parking
- Sizeable garden shed
- Excellent investment potential : currently tenanted until Sept 2022 @ $350pw
- Nearby Conveniences & Attractions:
- Access to the Southern Expressway bike track (~350m)
- Excellent proximity to the Christies Beach train stop (~15 min walk)
- Morphett Vale sports complex offering soccer, netball, tennis, cricket, lawn bowls and basketball (~4 min)
- M2 Southern Expressway on/off-ramp (~5 min)
- Wilfred Taylor Reserve (~5 min)
- Colonnades Shopping Centre (~6 min)
- Noarlunga Hospital (~6 min)
- Southgate Shopping Centre (~7 min)
- Thaxted Park Golf Club (~7 min)
- Woodcroft Shopping Centre (~8 min)
- Stunning Christies Beach & Esplanade precinct (~9 min)
- Port Noarlunga township & jetty precinct, with an array of beachside restaurants, cafés & shopping (~9 min)
- Flinders Medical Centre & University (~15 min)
- Westfield Marion Shopping Centre (~18 min)
-World-class McLaren Vale wine region (~20 min)
- Easy 35 minute drive to Adelaide CBD via Southern Expressway
Nearby Schools:
- Lonsdale Heights Primary School
- Calvary Lutheran School
- Flaxmill School P-7
- Christie Downs Primary School
- Hackham West R-7 School
- Christies Beach High School
- Marcellin Technical College
- Cardijn College
- Wirreanda High School
- Southern Vales Christian College
Built in: 1972
Certificate of Title: CT5580/655
Council: City of Onkaparinga Council
Council Rates: $1310 (approx) p/a
ESL: $272 (approx) p/a
SA Water: $142 (plus usage) (approx) p/q
Land Size: 758m2 (approx)
Rent: $350pw (Until 8th Sept 2022)
If this property sounds like your next opportunity, connect with Natalie Jones from We Connect Property today to arrange an inspection or find out more.
Listing description written by Natalie Jones, We Connect Property — reproduced as published, not verified by Districts.