602/185 Morphett Street, Adelaide, SA 5000 | Apartment for sale | OnTheHouse
FOR SALE
SOLD After First Inspection

602/185 Morphett Street
Adelaide SA 5000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Stylish CBD Apartment with Secure Parking & Resort-Style Facilities

Positioned high within the sought-after Gallery Apartments, this contemporary one-bedroom residence delivers the ultimate in low-maintenance city living, complete with the rare inclusion of a secure car park and secure rental income.
Filled with natural light, the open-plan living and dining area creates a welcoming space to relax or entertain, flowing effortlessly to an enclosed balcony with bi-fold windows - ideal for enjoying year-round comfort in any season. The modern kitchen is both practical and stylish, featuring stone benchtops, gas cooking and a dishwasher, making everyday living a breeze.
The generously sized bedroom includes built-in robe and a dedicated study nook, perfectly suited for professionals or those working from home. A sleek bathroom incorporates a European-style laundry and smart storage solutions, maximising functionality without compromising on style.
Residents of The Gallery enjoy access to exceptional resort-style amenities, including a heated indoor swimming pool, spa, sauna and steam room - offering a private escape right in the heart of the city.
Investment Highlights:
Currently tenanted until July 2026 at $475 per week
Secure car park leased separately at $280 per month until MAY 2026
Strong combined rental return with flexible future options
Key Features:
- Light-filled open-plan living and dining
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Property Details for 602/185 Morphett St, Adelaide

602/185 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Sinova Property.

Building Type
Apartment
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About Adelaide 5000

The size of Adelaide is approximately 10.2 square kilometres. It has 42 parks covering nearly 50.5% of total area. The population of Adelaide in 2016 was 15115 people. By 2021 the population was 18202 showing a population growth of 20.4% in the area during that time. The predominant age group in Adelaide is 20-29 years. Households in Adelaide are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Adelaide work in a professional occupation.In 2021, 32.50% of the homes in Adelaide were owner-occupied compared with 32.40% in 2016.

Adelaide has 18,697 properties. Over the last 5 years, Houses in Adelaide have seen a 44.25% increase in median value, while Units have seen a 37.95% increase. As at 31 December 2025:

  • The median value for Houses in Adelaide is $1,194,887 while the median value for Units is $586,935.
  • Houses have a median rent of $630 while Units have a median rent of $615.
There are currently 142 properties listed for sale, and 94 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1261 properties were sold in the past 12 months in Adelaide.

Suburb Insights for Adelaide 5000

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Felix Chu
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David Deng
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Sinova Property
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.