SOLD
Sold on 14 Aug 2024 for $475,000

123 Acre Avenue
Morphett Vale SA 5162

Bedrooms: 4
Bathrooms: 1
Car spaces: 4
Floor area: 132m2
Land area: 1271m2
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Property Details for 123 Acre Ave, Morphett Vale

123 Acre Ave, Morphett Vale is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 1271m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Morphett Vale in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
132m2
Land Size
1271m2
Local Government
Onkaparinga
Lot/Plan
A25/F151801

Last Listing description (August 2022)

Located in the highly sought after location of Morphett Vale, this solid home on this huge block of land is sure to appeal to a multitude of buyers and investors. This location has such easy access heading into the city or to the wine regions, with the freeway access only a moment drive. The local Southgate Shopping Centre has all the necessary shops within walking distance. There are great primary schools just down the road including Reynella South School and Morphett Vale Primary School, and great private schools also nearby such as Woodcroft College. And with the beautiful southern beaches only a 5 minute drive you will feel like everything is just at your fingertips.

As you approach the property you will notice the development going on in the immediate surroundings - this area is rapidly changing! Entering the home you are greeted with a large family room with plenty of space to move. The family room flows smoothly into the dining room and kitchen, with the kitchen having plenty of bench space for the chef. The three bedrooms are a great size and are serviced well by the separate bathroom and toilet. And for added bonus there is a second living/fourth bedroom flowing off the main living area. Roller shutters have been installed around the home for privacy and evaporative cooling has been installed.

While the house is perfectly serviceable, there is so much value in the land itself. With 1,271 sqm of land to play with there is so many options to look at. Do you renovate the house and keep it as an investment? Do you knock down the house and build your forever home? Or do you take the existing council approved plans and subdivide the block into 5 dwellings? The choice is yours! As it stands there is a huge shed for the handy person to tinker around in and so much room for the kids to play around in this massive backyard.

With all these options and opportunities available, make 123 Acre Avenue in Morphett Vale the top of the shopping list. What are you waiting for, book your viewing today!
For more information or to register your interest contact Pete Fallon (RLA222182)

Property History for 123 Acre Ave, Morphett Vale, SA 5162

A timeline of how this property has performed in the market
Last Sold
$475,000
14 Aug 2024
Listed for Rent
$320/w
13 Nov 2017
  • 14 Aug 2024
    Sold for $475,000
  • 30 May 2022
    Listed for Sale $650k - $700k
  • 07 Apr 2021
    Sold for $510,000
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About Morphett Vale 5162

The size of Morphett Vale is approximately 12.8 square kilometres. It has 48 parks covering nearly 16.5% of total area. The population of Morphett Vale in 2011 was 22,602 people. By 2016 the population was 23,146 showing a population growth of 2.4% in the area during that time. The predominant age group in Morphett Vale is 30-39 years. Households in Morphett Vale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morphett Vale work in a trades occupation. In 2011, 68.7% of the homes in Morphett Vale were owner-occupied compared with 67.7% in 2016.

Morphett Vale has 11,523 properties. Over the last 5 years, Houses in Morphett Vale have seen a 115.32% increase in median value, while Units have seen a 147.12% increase. As at 31 October 2024:

  • The median value for Houses in Morphett Vale is $661,850 while the median value for Units is $554,376.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 44 properties listed for sale, and 20 properties listed for rent in Morphett vale on OnTheHouse. According to CoreLogic's data, 533 properties were sold in the past 12 months in Morphett vale.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.