OFF MARKET

8 Austral Terrace
Morphettville SA 5043

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 675m2
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Property Details for 8 Austral Tce, Morphettville

8 Austral Tce, Morphettville is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 675m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1950
Floor Size
110m2
Land Size
675m2
Local Government
Marion
Lot/Plan
A20/D2109

Last Listing description (June 2023)

Set upon a large 700m2 approx corner allotment with two street frontage adjacent to Morphettville Racecourse is an opportunity to acquire a modern fully established low maintenance 11 horse stables and tidy 3 bedroom home capable of approx 7% yield.

This well-maintained property is presented in a walk-in-walk-out state ideal for any owner occupier to commence training immediately or astute investor seeking an immediate return.

The property is located in the Suburban Neighbourhood Zone within the City of Marion Council. If you are considering purchasing this property please note the following.

At present, there is a Code amendment (a proposal to change the policies, rules, or mapping within the Code) initiated over a 12ha area named 'Morphettville/Glengowrie Horse Related Activities Code Amendment' in which this property is located.

Full details are available on the Plan SA website plan.sa.gov.au. A Code amendment has been initiated and an extract from this amendment states 'Council is therefore considering changes to the zoning of the subject land that will provide the opportunity for residential development at higher densities to be constructed.'

Combined Rental Estimate - $1050 per week
Rental Estimate - House Only $500 per week
Rental Estimate - Stables Only $550 per week
Council Rates - $1962 per annum
Emergency Service Levy - $365 per annum
SA Water - $186 per quarter
Zone - Suburban Neighbourhood
Council - City of Marion
House Built in 1950
Stables Built in 2004
Land Dimensions - 15.24m X 45.72m (700m approx)

Contact Shane Moore for further details and inspection times.

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Property History for 8 Austral Tce, Morphettville, SA 5043

A timeline of how this property has performed in the market
Last Sold
$800,000
13 Jun 2023
  • 13 Jun 2023
    Sold for $800,000
  • 20 Mar 2023
    Listed for Sale Not Disclosed
  • 18 Oct 2017
    Sold for $562,000
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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 1,888 properties.

    There are currently 9 properties listed for sale, and 2 properties listed for rent in Morphettville on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Morphettville.

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