320/185 Morphett StreetAdelaide SA 5000
Property Details for 320/185 Morphett St, Adelaide
320/185 Morphett St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 72m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (June 2019)
An attractive investment opportunity presents in this two bedroom 'Gallery' apartment adjacent to Light Square and within walking distance of the university and riverside entertainment precincts. Enjoy the cosmopolitan West End of Adelaide, the Adelaide Central Market, China Town, restaurants, wine bars, Royal Adelaide Hospital, UNI SA and only a short walk to the City centre.
The property features open kitchen and living, together with an good sized enclosed balcony, 2 bedrooms with built in robes and a deluxe bathroom.
What we love about this property:
Reverse cycle air conditioning
2 bedrooms with built in robes
Secure entry and manned reception
Spa, Steam/Dry Sauna and Swimming Pool facilities on site in Altitude
Spacious balcony which can be fully enclosed
Excellent walk scores to university campus and central markets
An ideal choice for the first home buyer, student or those looking for the city lifestyle. The property is well finished and secure, with access to the swimming pool, Spa, Steam and Dry Sauna and walking distance amenities.
As an investment, the apartment has a continuous lease with the Oaks Istay, currently with the gross income of $1885 per month or if you are wishing to enjoy the cosmopolitan lifestyle this apartment has to offer then you only need to give 90 days notice to terminate the lease.
Property History for 320/185 Morphett St, Adelaide, SA 5000
- 21 Jun 2019Sold for $360,000
- 11 Apr 2018Listed for Sale $360,000 - $379,000
- 01 Feb 2017Listed for Sale $379,000
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0About 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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