494 Morphett Road, Warradale, SA 5046 | House for sale | OnTheHouse
 
FOR SALE
Auction 18th April 2026 @10am (USP)

494 Morphett Road
Warradale SA 5046

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 695m2
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High-Exposure Development Opportunity in Blue-Chip Location

Positioned directly opposite Westfield Marion, this outstanding property presents a rare opportunity to secure a prime development site in one of Adelaide's most dynamic growth corridors.
Set on approximately 695sqm with a wide 17.55m frontage, and zoned Urban Renewal Neighbourhood Zone, the property offers excellent scope for redevelopment (STCC), making it ideal for developers, investors or those looking to landbank for future gains.
The existing updated 3-4 bedroom home provides comfortable living with flexible accommodation, allowing for immediate rental income or owner occupation while plans are being finalised.
Surrounded by major retail, public transport, quality schools and just minutes to Flinders University, Flinders Medical Centre and the coastline, the location delivers both convenience and long-term upside.
Opportunities of this calibre, in such a high-profile position, are increasingly hard to find-secure your place in this thriving precinct.
AUCTION SATURDAY 18TH APRIL @ 10am ONSITE (USP)
For auction, the Vendor's Statement may be inspected at office 260 Magill Rd Beulah Park for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own inquiries and obtain their own legal advice.
RLA 158869

Property Details for 494 Morphett Rd, Warradale

494 Morphett Rd, Warradale is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 695m2. The place is currently for sale with Realestate Management Company - RLA158869.

Building Type
House
Land Size
695m2
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About Warradale 5046

The size of Warradale is approximately 2.0 square kilometres. There are 4 parks, covering nearly 2.0% of the total area. The population of Warradale in 2016 was 5247 people. By 2021 the population was 5801 showing a population growth of 10.6% in the area during that time. The predominant age group in Warradale is 30-39 years. Households in Warradale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warradale work in a professional occupation.In 2021, 74.50% of the homes in Warradale were owner-occupied compared with 72.70% in 2016.

Warradale has 3,025 properties. Over the last 5 years, Houses in Warradale have seen a 81.82% increase in median value, while Units have seen a 100.49% increase. As at 30 June 2026:

  • The median value for Houses in Warradale is $1,168,632 while the median value for Units is $705,184.
  • Houses have a median rent of $700 while Units have a median rent of $568.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Warradale on OnTheHouse. According to Cotality's data, 135 properties were sold in the past 12 months in Warradale.

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Peter Michos
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