218/185 Morphett StreetAdelaide SA 5000
Property Details for 218/185 Morphett St, Adelaide
218/185 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (April 2024)
Welcome to The Gallery on Morphett.
Low-maintenance, convenient, well-styled and ready to go – perfect for those looking to capitalise on all the Adelaide CBD has to offer. This fully-furnished one-bedroom apartment comes complete with everything you need – from access to the precinct's pool, sauna and spa facilities (with beautiful views of the Adelaide Hills) to dishwasher, private sunroom, large bathroom, oversized built in robe and secure access to both building and car park (available to rent).
Just meters from Light Square, a 5-minute walk to Gouger Street and a 7-minute walk to the Adelaide Central Markets – placing boutique shopping, cultural markets and fantastic eats at your fingertips.
Only a short stroll takes you to the new Royal Adelaide Hospital, Rundle Mall, Adelaide University and Adelaide's Vibrant East End.
And good news for the savvy investor - With a rental assessment of $370 per week, this unit comes with the added benefit of coming completely decked out with stylish furniture and practical appliances. A valuable addition to any portfolio – there's nothing left to do except reap the rewards.
RLA 274363
Property History for 218/185 Morphett St, Adelaide, SA 5000
- 01 Jun 2021Sold for $250,000
- 17 Feb 2021Listed for Sale $245,000 to $265,000
- 07 Aug 2014Sold for $245,000
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About Adelaide 5000
The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2011 was 12,961 people. By 2016 the population was 15,129 showing a population growth of 16.7% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation. In 2011, 31.3% of the homes in Adelaide were owner-occupied compared with 32.4% in 2016.
Adelaide has 17,722 properties. Over the last 5 years, Houses in Adelaide have seen a 57.01% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2024:
- The median value for Houses in Adelaide is $1,128,901 while the median value for Units is $517,565.
- Houses have a median rent of $610 while Units have a median rent of $580.
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