908/180 Morphett Street, Adelaide, SA 5000 | Property Value & History | OnTheHouse
OFF MARKET

908/180 Morphett Street
Adelaide SA 5000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 83m2
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Property Details for 908/180 Morphett St, Adelaide

908/180 Morphett St, Adelaide is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 83m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
2015
Floor Size
70m2
Land Size
83m2
Local Government
Adelaide
Lot/Plan
F908/C40460

Last Listing description (February 2016)

Vision on Morphett is an exceptional development of modern apartments in the heart of Adelaide. Centrally located near the University of Adelaide and the University of South Australia there will be high demand for rental accommodation from both university students and inner-city professionals.
Investors are taking notice of Adelaide's impressive real estate statistics with the Real Estate Institute of South Australia (REISA) releasing strong figures for the September quarter. REISA's Vice President, Ted Piteo, commented that 'the 12 month growth recorded for both sales and rentals projects good long-term prospects for the property market'.
Some Adelaide suburbs have experienced capital gains of up to 40% in the twelve months to September 2013, according to data from the REISA. Adelaide CBD saw strong growth of 29.63% over the twelve month period.

The State Government's 30-Year Plan for Greater Adelaide 2010-2040 indicates an expected population increase of 560,000 people and economic growth of $127.7billion. An additional 282,000 jobs are expected to be created.
The State Government has made significant investment in infrastructure with development of the Greater Riverbank Precinct encompassing the Botanical Gardens, Adelaide Zoo, Adelaide Oval, the Convention and Festival Centres and the numerous cafes, restaurants cycle ways and parks along the River Torrens. All this lies within easy distance from Vision on Morphett.
The $350million expansion of the Adelaide Convention Centre will enhance the centre as a premier conference destination. Redevelopment of Adelaide Oval will cost $535million and transform this into a modern world class multi-sports stadium.
When the new Royal Adelaide Hospital opens in 2016 it will be Australia's most advanced hospital. The $1.8billion investment in the new hospital is the single largest infrastructure project in the State's history.
Adelaide is credited as the world's fifth most liveable city by the Economist Intelligence Unit's 2013 Global Liveability Survey. With strong population and employment growth, solid investment in infrastructure and strong capital appreciation, Adelaide has all the indicators of an exceptional location for property investment.
Property Snapshot:
Open plan living
Comfortable bedrooms, master with walk-in wardrobe
Large balconies - some wrap around
Some apartments available with study nook
Car parks available from $40,000

Property History for 908/180 Morphett St, Adelaide, SA 5000

A timeline of how this property has performed in the market
Last Sold
$510,000
18 May 2016
  • 18 May 2016
    Sold for $510,000
  • 23 Oct 2015
    Listed for Sale $359,000
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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 18,817 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.
There are currently 175 properties listed for sale, and 85 properties listed for rent in Adelaide on OnTheHouse. According to Cotality's data, 1262 properties were sold in the past 12 months in Adelaide.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.