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 › David Tce
$790,000–$840,000
For sale
Asking range
$631,500
Last sold
8 Aug 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
698 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
Asking
$790,000–$840,000
Asking range · $1,132/m² of land
Last recorded sale $631,500 (8 Aug 2023).
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
-0.6%
Median sale
Suburb $795,000
+0.03 pp
Gross yield
Suburb 3.70%
Suburb median $795,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$49,103 on top of the price (6.2% extra)
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.
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.
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.
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.
Gross yield if leased at the suburb aggregate is 3.7%. 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
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 Meier Paul Real EstateWelcome to endless potential at 47 David Tce. Positioned on a generous 698sqm (approx.) allotment with a 18.2m frontage, this versatile property redefines family comfort while offering an exceptional opportunity for astute investors and developers. Whether you choose to move in and enjoy, add your own personal updates, or explore the development potential to subdivide into two allotments (STCC), the choice is yours!
Currently securing a reliable return of $625 per week with a tenant in place until 27 January 2027, this property offers immediate financial peace of mind while you plan your next move.
Step inside to discover a functional floorplan boasting multiple living zones and several office/study spaces. The beautiful and spacious front lounge featuring slate flooring, is perfect for a teenagers' retreat or casual entertainment space. The second living area boasts in natural light, creating a warm ambiance highlighted by a cosy wood fireplace.
The kitchen comes equipped with an electric stove and oven, and a walk in pantry. It overlooks a dedicated dining area that transitions out to a vast backyard and outdoor entertainment space. Accommodating a growing family is effortless with three double-sized bedrooms, two bathrooms with a double garage. The master bedroom features a walk-in robe and an ensuite.
An all-year comfort with two split-system air conditioners, an additional AC unit, ceiling fan, a gas heater, and a fireplace.
For the car enthusiast, or weekend adventurer, the property offers secure parking options. A large double garage is complemented by an expansive shed, providing plenty of room for up to four cars, a boat, or a caravan.
The highlights of the home are:
• 3 double bedrooms
• Multiple living areas and study/ office zones.
• Main bedroom with Walk-in robe & ensuite.
• Two bathroom, main bathroom with a newly renovated shower and a bath
• Eco-Friendly with Solar panel system to keep your energy bills low.
• Large backyard featuring mature, fruit-bearing orange and mandarin trees.
• Parking for 4 cars, boat or caravan and a large shed
• Security screens
• Solar panels and more!
Spend your weekends relaxing in the sunshine, redesigning the backyard or enjoying cosy winter days by the fire. This home represents unparallel value in today's market. Situated minutes away from schools, Westfield Marion or Colonnades shopping Centre , 15 minutes drive to Hallett cove, Brighton or Seacliff beaches, easy access to buses, Flinders University, shops, cafes and the convenience of the Southern expressway and 20 minute drive to Maclaren Vale’s best SA wineries.
While every endeavour has been made to verify the correct details, we cannot guarantee the information is accurate and accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
For more information call Suzanna Paul today.
Listing description written by Suzanna Paul, Meier Paul 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.