Thinking about buying in Morphett Vale? Now could not be a better time, with 13488 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $477,000 with prices in this suburb ranging from $150,000 to $1,689,000. Morphett Vale is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Morphett Vale Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Morphett Vale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Morphett Vale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Morphett Vale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Morphett Vale

	18 THE GLENN, MORPHETT VALE, SA, 5162	3	2	2	$599,999 TO $619,999
	54 MARSTON DR, MORPHETT VALE, SA, 5162	4	2	2	UNDER CONTRACT - UNDER CONTRACT
	UNIT 7, 54 WHEATSHEAF RD, MORPHETT VALE, SA, 5162	2	1	1	UNDER CONTRACT
	32 STANLEY ST, MORPHETT VALE, SA, 5162	3	1	2	$649,000 - $710,000
	108 TAYLORS AV, MORPHETT VALE, SA, 5162	3	1	1	$695,000
	UNIT 4, 2A EASTON RD, MORPHETT VALE, SA, 5162	2	1	1	Offers Are Now Closed.
	42 RADNOR ST, MORPHETT VALE, SA, 5162	3	1	4	$549,000 - $599,000
	UNIT 1, 60 FLAXMILL RD, MORPHETT VALE, SA, 5162	3	2	1	$649,000 to $699,00
	4 BONE ST, MORPHETT VALE, SA, 5162	3	1	4	Price: Contact Agent
	13 MADEIRA DR, MORPHETT VALE, SA, 5162	3	1	4	Price: Contact Agent
	33 STANLEY ST, MORPHETT VALE, SA, 5162	3	1	3	649000
	UNIT 2, 132 MAIN SOUTH RD, MORPHETT VALE, SA, 5162	0	0	0	1600000
	15 SPENCER DR, MORPHETT VALE, SA, 5162	3	1	2	600000

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General Points of Interest

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