311 Morphett StreetAdelaide SA 5000
Property Details for 311 Morphett St, Adelaide
Last Listing description (July 2023)
Belle Property Commercial Adelaide is pleased to present 311 Morphett Street, Adelaide to the market for sale by private treaty.
Key highlights include:
Site Area 220 sqm* with rear access
Long lease with redevelopment clause to unlock at any time
Favourable location in the fast developing south western quadrant of the CBD
Opposite to new 250-unit apartment complex with more projects planned nearby
Onsite parking
Capital City Zoning
A highly appealing opportunity to both investors and developers alike in this booming location.
311 Morphett Street, Adelaide is available for sale with 'Best Offers' by 5:00pm Friday 17th March 2023 unless sold prior.
For more information or to book an inspection please contact the exclusive selling agents:
David Buenfeld
Alan Lim
RLA 287133
Property History for 311 Morphett St, Adelaide, SA 5000
- 29 Jun 2023Sold for $1,790,000
- 19 Dec 2022Listed for Sale SOLD
- 09 Sep 2021Listed for Sale $2,000,000
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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 18,816 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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