602/185 Morphett StreetAdelaide SA 5000
Property Details for 602/185 Morphett St, Adelaide
602/185 Morphett St, Adelaide is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Apartment sold in Adelaide in the last 12 months.
Last Listing description (January 2026)
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
- Contemporary kitchen with stone benchtops, gas cooktop & dishwasher
- Enclosed balcony with bi-fold windows for flexible indoor–outdoor living
- Bedroom with built-in robe and study desk
- Modern bathroom with European laundry
- Reverse-cycle air conditioning for year-round comfort
- Secure car park and keyless building entry
- Lift access and intercom system
- Exclusive access to pool, spa, sauna & steam room
Perfectly suited to savvy investors, professionals or future owner-occupiers, this apartment enjoys an unbeatable CBD location moments from Rundle Mall, Adelaide Central Market, universities, public transport and Adelaide's best cafés and dining.
Specifications: CT / 6036/7
Council / City of Adelaide
Zoning / Capital City Year
Built / 2009
Council Rates / $1,472.6 p.a approx.
Strata Fees / $1,341.00 p.q approx.
SA Water / $176.3 p.q approx. (Supply + Sewerage)
ESL / $ 434.5 p.a approx.
Strata Manager / Whittles
Property History for 602/185 Morphett St, Adelaide, SA 5000
- 21 Jan 2026Sold for $435,500
- 30 Dec 2025Listed for Sale $435,500
- 19 Jun 2023Listed for Rent $400 / week
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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 18,715 properties. Over the last 5 years, Houses in Adelaide have seen a 49.03% increase in median value, while Units have seen a 34.05% increase. As at 31 January 2026:
- The median value for Houses in Adelaide is $1,207,276 while the median value for Units is $568,990.
- Houses have a median rent of $650 while Units have a median rent of $620.
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