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Sold on 05 Apr 2024 for $525,000

14 Warwick Grove
Morphett Vale SA 5162

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 705m2
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Property Details for 14 Warwick Gr, Morphett Vale

14 Warwick Gr, Morphett Vale is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 705m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Morphett Vale in the last 12 months.

Building Type
House
Land Size
705m2
Local Government
Onkaparinga
Lot/Plan
A45/D7435

Last Listing description (April 2024)

Please contact Craig Thomson and Andrew Robey from Magain Real Estate for all your property advice.

Welcome to an exciting opportunity for renovation enthusiasts and investors alike. This 3-bedroom, 1-bathroom property presents itself as a blank canvas, brimming with untapped potential and waiting to be transformed into a stunning living space. Nestled in Morphett Vale, this property offers the promise of customization and modernization, making it an ideal investment for those with a vision for revitalization.

One of the standout features of this property is its substantial land size, boasting an impressive 705m2 . The large block presents a multitude of opportunities for potential buyers and investors, enhancing the property's overall value and appeal in several significant ways:

Privacy and Space: The generous land size affords privacy and space, creating a peaceful and secluded environment for residents. With plenty of room for landscaping and greenery, homeowners can create their own private oasis, complete with gardens, lawns, and large backyard, perfect for relaxation and entertainment.

Expansion and Development Potential: With ample space available, the property offers the opportunity for expansion or development projects. Whether it's adding extensions to the existing structure, creating outdoor amenities, or even subdividing the land for additional properties, the large block provides flexibility for creative endeavors and future growth.

Future Investment Opportunities: In the ever-evolving real estate market, properties with large land parcels tend to appreciate in value over time. The 705m2 block not only enhances the current value of the property but also presents promising investment opportunities for the future. As demand for land increases, particularly in desirable locations, the potential for capital growth becomes increasingly favorable.

In conclusion, this 3-bedroom, 1-bathroom property offers a rare opportunity to embark on a renovation journey and breathe new life into a classic home. With its spacious layout, and potential for enhancements, it stands as a testament to the transformative power of vision and creativity in real estate. Seize the opportunity to reimagine this property and create a timeless masterpiece that reflects your unique style and aspirations.

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 222182)

Property History for 14 Warwick Gr, Morphett Vale, SA 5162

A timeline of how this property has performed in the market
Last Sold
$525,000
05 Apr 2024
  • 29 Apr 2024
    Sold for $525,000

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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 11,525 properties. Over the last 5 years, Houses in Morphett Vale have seen a 114.70% increase in median value, while Units have seen a 130.83% increase. As at 30 September 2024:

  • The median value for Houses in Morphett Vale is $655,775 while the median value for Units is $540,538.
  • Houses have a median rent of $540 while Units have a median rent of $420.
There are currently 41 properties listed for sale, and 19 properties listed for rent in Morphett vale on OnTheHouse. According to CoreLogic's data, 540 properties were sold in the past 12 months in Morphett vale.

Suburb Insights for Morphett Vale 5162

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Contact agent
Craig Thomson
Show contact details
Andrew Robey
Show contact details
Magain Real Estate
Preferred contact:
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.