Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Adelaide › Morphett St
$2,100,000–$2,300,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$2,100,000–$2,300,000
Asking range
No recorded sale for this property.
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Adelaide
+82.6%
Median sale
Suburb $1,150,000
-0.92 pp
Gross yield
Suburb 2.03%
Suburb median $1,150,000 from 17 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.
$134,908 on top of the price (6.4% 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 Adelaide'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 $449/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 1.1%. 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
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
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Adelaide CityCommanding a premier 13th-floor position within the highly regarded Vision on Morphett, this luxurious sub-penthouse apartment offers a rare opportunity to secure one of Adelaide's largest and finest city residences. Boasting an expansive 295 sqm of sophisticated indoor and outdoor living, this beautifully maintained home combines the scale and comfort of a luxury house-sized residence with the convenience of an exclusive lock-and-leave lifestyle.
From sunrise over the Adelaide Hills to spectacular sunsets across St Vincent Gulf, the breath-taking 180-degree outlook captures the very best of Adelaide South, West and North. floor-to-ceiling double glazed windows frame uninterrupted views over Light Square, the city skyline and the distant coastline, while the expansive 110 sqm wrap-around terrace provides an extraordinary setting for entertaining, relaxing or simply soaking in the ever-changing scenery.
Designed with both functionality and privacy in mind, the thoughtfully conceived floorplan separates the expansive living and entertaining zones from the private accommodation wing. The light-filled open-plan living, dining and kitchen area flows effortlessly through bi-fold doors to the terrace, creating an outstanding indoor-outdoor lifestyle rarely found in the CBD.
At the heart of the home, the gourmet kitchen has been beautifully appointed with stone benchtops, premium Miele appliances including a 900mm gas cooktop, integrated dishwasher, built-in oven and microwave, integrated refrigerator, extensive cabinetry and striking LED feature lighting that enhances both style and ambience. Perfect for family dinners or entertaining guests.
The apartment itself is situated in a secure building with multiple security safeguards. Residents enjoy complete peace of mind within this secure, professionally managed building featuring key-pass entry, secure lift access and video intercom, with both car parks protected by automatic parking bollards preventing your car park being used by an unauthorised guest.
The Why to Buy :-)
* 3 Generous sized bedrooms, all with built in robes
* Luxe master suite with stunning views, walk-in robe and ensuite and wall safe
* Separate study room or entertainment room overlooking the parkland
* Expansive and adaptable formal, informal living and dining areas with bi fold doors
* A stunning kitchen outfitted to a high standard with quality appliances including wine fridge
* My Water filtration system for drinking water.
* Private West, North & South facing 110 m2 balcony with 180 degrees views
* Opulent bathrooms with floor to ceiling tiles, stone tops and quality fixtures
* Separate laundry and additional storage throughout
* Convenient separate guest powder room
* Floor to ceiling glazed windows with lofty 2.7M ceilings throughout
* Secure video intercom access
* Fully remote auto blind in master suite & new zip balcony blind
* Gas boosted central Hot Water System
* NBN ready (for hi-speed Internet)
* Ducted reverse cycle heating and cooling
* Oak floorboards throughout the living & bedrooms with quality carpets
* Large lock up storage unit
* 2 Secure side by side carparks with auto bollard protection.
Whether you're searching for an executive city residence, an exceptional upsizer or downsizer, or a prestigious lock-and-leave lifestyle, this remarkable sub-penthouse delivers a level of space, luxury and liveability seldom available in Adelaide's CBD.
# Investors or lock up and leave buyers note that this property can be leased out for short term letting #
Perfectly positioned in the heart of Adelaide, everything is within easy walking distance. Enjoy vibrant Gouger Street and Chinatown, the Adelaide Central Market, Royal Adelaide Hospital and Medical Precinct, cafes, restaurants, public transport, Adelaide Oval, Adelaide Botanic Garden, the Art Gallery of South Australia, the University of Adelaide and the University of South Australia. Families will also appreciate zoning for both Adelaide High School and Adelaide Botanic High School.
There is more than enough space for a family of five, and entertaining family and friends, especially with the large living area and outdoor space. The current owners love the location being close to the Central Market, restaurants and vibe of Gouger street and Chinatown, enabling them to enjoy yum cha and to soak up the city life. Added to this is the convenience of shopping and transport, allowing easy access by bus to/from school with ease, and getting to/from the airport. Another favourite of the owners has been watching the fireworks from Elder Park and Adelaide Oval.
For any further information please contact Andrew Downing, The City Specialist on 0404 882 311.
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 (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.
RLA307896
Listing description written by Andrew Downing, Ray White Adelaide City — reproduced as published, not verified by Districts.