231 Morphett StreetAdelaide SA 5000
Property Details for 231 Morphett St, Adelaide
Last Listing description (May 2023)
225-231 Morphett Street is a unique offering in the heart of Adelaide's evolving West end. This 262sqm of lettable office space has the opportunity to expand and strengthen a brand profile with its huge Morphett Street frontage of up to more than 20m. The 583* sqm site has 9 onsite car parks that are accessible from both Morphett Street and Addie Place. This property can be refurbished and renovated to accommodate your office or retail needs and will become a desirable location with onsite parking opportunities.
Just moments from the famous Central market, or a short stroll from Gouger Street's superb food precinct. It is easy to get around in Adelaide city, whether walking, riding a bicycle, driving or taking public transport, 225-231 Morphett Street is a perfect office or retail location.
Property History for 231 Morphett St, Adelaide, SA 5000
- 07 Mar 2022Listed for Rent - Price not available
- 13 Jan 2022Sold for $3,190,000
- 23 Aug 2021Listed for Rent - Price not available
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About Adelaide 5000
The size of Adelaide is approximately 10.2 square kilometres. There are 42 parks, covering nearly 50.5% of the 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 18,817 properties. Over the last 5 years, Houses in Adelaide have seen a 43.56% increase in median value, while Units have seen a 46.98% increase. As at 31 May 2026:
- The median value for Houses in Adelaide is $1,255,003 while the median value for Units is $611,850.
- Houses have a median rent of $670 while Units have a median rent of $620.
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