SOLD
Sold on 09 Aug 2024 for $520,000

7/32A Mcmahon Road
Morphett Vale SA 5162

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 146m2
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Turner Real Estate
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Property Details for 7/32a Mcmahon Rd, Morphett Vale

7/32a Mcmahon Rd, Morphett Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 146m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Morphett Vale in the last 12 months.

Building Type
Unit
Year Built
1986
Floor Size
76m2
Land Size
146m2
Local Government
Onkaparinga
Lot/Plan
U7/S7130

Last Listing description (August 2024)

Whether you're searching for a set-and-forget investment, embarking on the beginning of your property journey, or searching for the ideal place to downsize and unwind, this neat two-bedroom unit promises to be the perfect fit.

Standing towards the rear of a neat and tidy group, the position is perfect, and the absence of traffic noise is a treat for the senses. Add into the mix the convenience of local shops, schools, public transport and sporting clubs and this sweet little gem is sure tick a whole lot of boxes.

Currently tenanted until December 2024 at $400 per week, with a wonderful occupant who treats the property as if it was their own and would love to stay long term should the purchaser so wish. If you're looking for an easy-care investment with a great return, this is the one.

Features:
- Two carpeted bedrooms, both with built-in-robes.
- Kitchen with plenty of cupboard and benchtop space.
- Gas cooking.
- Large lounge room with floating floors.
- Separate dining room adjoining kitchen.
- Reverse cycle wall unit a/c.
- Bathroom with bath and separate toilet.
- Private, fenced rear yard with washing line.
- Good sized pergola with shade cloth.
- Small garden shed.
- Single carport.

CT / 5007 / 413
Year built / 1986
Equivalent Building Area / 109sqm (approx.)
Council / City of Onkaparinga
Strata Title
Strata fees (inc Sinking Fund) $488.89/qtr
Rent appraisal / $400 per week

Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639

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Property History for 7/32a Mcmahon Rd, Morphett Vale, SA 5162

A timeline of how this property has performed in the market
Last Sold
$520,000
09 Aug 2024
Listed for Rent
$270/w
13 Jun 2017
  • 09 Aug 2024
    Sold for $520,000
  • 02 Jul 2024
    Listed for Sale $395,000 - $434,500
  • 20 Nov 2023
    Listed for Rent $400 / week
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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 11,524 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 42 properties listed for sale, and 21 properties listed for rent in Morphett vale on OnTheHouse. According to CoreLogic's data, 550 properties were sold in the past 12 months in Morphett vale.

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