OFF MARKET

5/23 Austral Terrace
Morphettville SA 5043

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 98m2
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Property Details for 5/23 Austral Tce, Morphettville

5/23 Austral Tce, Morphettville is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 98m2.

Building Type
House
Land Size
98m2
Local Government
Marion
Lot/Plan
U5/S2750

Last Listing description (February 2024)

SOLD AT AUCTION

Quiet unit in a sought after residential area.

This unit is located in popular Morphettville and offers the astute investor or owner occupier an excellent opportunity to enter the property market.

As part of a single story group of units, it is set on a large allotment with a single undercover car park at the rear of the group. The unit has everything you need. Featuring two bedrooms, both with built in robes, there is also a lounge, a combined bathroom laundry, and an eat in kitchen. The kitchen leads onto the rear courtyard, and features a gas stove.

The courtyard at the rear is ideal for summer b-b-q's or simply relaxing, and there is also a shed in this space.

The unit is convenient to shops, schools and transport, and the vibrant Glenelg precinct and the beach.

Largely in original condition, the unit is ready for the next lucky owner.

Inquiries to Linda Baker 0412 959 727.

Specifications:
C/T: 5035/532.
LGA: MARION.
Zoning: GN.
Land Size: N/A.
Build Size: 64 m2.
Built: 1971.

Property History for 5/23 Austral Tce, Morphettville, SA 5043

A timeline of how this property has performed in the market
  • 03 Oct 2023
    Listed for Sale Auction $ 325,000

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About Morphettville 5043

The size of Morphettville is approximately 2 square kilometres. It has 8 parks covering nearly 3.9% of total area. The population of Morphettville in 2011 was 2,893 people. By 2016 the population was 3,189 showing a population growth of 10.2% in the area during that time. The predominant age group in Morphettville is 20-29 years. Households in Morphettville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morphettville work in a professional occupation. In 2011, 52.3% of the homes in Morphettville were owner-occupied compared with 55.4% in 2016.

Morphettville has 1,891 properties. Over the last 5 years, Houses in Morphettville have seen a 70.53% increase in median value, while Units have seen a 89.92% increase. As at 31 July 2024:

  • The median value for Houses in Morphettville is $953,062 while the median value for Units is $591,323.
  • Houses have a median rent of $650 while Units have a median rent of $523.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Morphettville on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Morphettville.

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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.