SOLD
RECENT ADVICE
Sold on 15 Mar 2024 for $550,000

7 Madeira Drive
Morphett Vale SA 5162

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 675m2
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Property Details for 7 Madeira Dr, Morphett Vale

7 Madeira Dr, Morphett Vale is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 675m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Morphett Vale in the last 12 months.

Building Type
House
Floor Size
112m2
Land Size
675m2
Local Government
Onkaparinga
Lot/Plan
A340/D6369

Last Listing description (March 2024)

Set on the high side of the road in a quiet location with 5 local schools literally in every direction in under 5 minutes. Walking distance to public transport as well as the local bike track. With just over 18 meters of frontage and some 35 meters deep, this property certainly has sub-division potential either now or in the future STCC.

Things you'll love about your new home:

• New bathroom, toilet, and laundry
• Huge master bedroom with built-in robes and split system
• Bedroom two is master in size with built-in robes
• Bedroom three is also large with space for robes or a study nook
• High lofty raked ceilings give a sense of spaciousness to the home
• Large main lounge open to the dining with airconditioner
• All-weather verandah that runs the full width of the home with blinds
• 8.8 KW of industrial solar panels to offset those rising power bills
• Long driveway for plenty of off-street parking
• Double-length carport with automatic roller door, third open space leading to the rear shed for a fourth vehicle, boat, caravan, or trailer
• Sensor lights and cameras
• Fully fenced for safe kids' play and to keep the pets in

A great suburb to live or invest in with all the must-have facilities close by including our beautiful southern beaches just 10 minutes drive away. Quick access to the Southern Expressway for your daily city work commute or head in the opposite direction down to McLaren Vale and discover the stunning local wineries and eateries on offer. The current owners would prefer to stay on with a periodic lease so they can look around for their forever home. Or a long settlement with the flexibility to move it forward if they find a home earlier.

Property History for 7 Madeira Dr, Morphett Vale, SA 5162

A timeline of how this property has performed in the market
Last Sold
$550,000
15 Mar 2024
  • 05 Apr 2024
    Sold for $550,000
  • 20 Feb 2024
    Listed for Sale Under Offer
  • 22 Mar 2016
    Sold for $251,500
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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 11,547 properties. Over the last 5 years, Houses in Morphett Vale have seen a 108.33% increase in median value, while Units have seen a 118.96% increase. As at 31 July 2024:

  • The median value for Houses in Morphett Vale is $635,330 while the median value for Units is $520,343.
  • Houses have a median rent of $528 while Units have a median rent of $400.
There are currently 39 properties listed for sale, and 19 properties listed for rent in Morphett vale on OnTheHouse. According to CoreLogic's data, 554 properties were sold in the past 12 months in Morphett vale.

Suburb Insights for Morphett Vale 5162

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Rebecca Giameos
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Raine & Horne 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.