40 Prince Charles St, Morphett Vale is a 3 bedroom, 2 bathroom House and was built in 1977. The property has a land size of 703m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Morphett Vale in the last 12 months.
Please contact Craig Thomson from Magain Real Estate for all your property advice.
Perfectly positioned in a sought-after pocket of Morphett Vale, this 1977-built three-bedroom, two-bathroom home sits proudly on a large 703m allotment, offering incredible scope for developers, builders, or savvy investors.
With approximately 113m of internal living, the home features a practical floor plan with spacious bedrooms, a light-filled lounge at the front, and an open-plan kitchen and dining area that flows to the outdoors. The layout provides immediate liveability or rental potential while you plan your next move - whether that's a subdivision, full redevelopment, or renovation project (subject to council consent).
Out back, you'll find an impressive setup - a huge workshop-style shed, additional undercover area, and generous backyard space that's perfect for storage, hobbies, or future improvements. The wide frontage and side access make it ideal for tradies, those with multiple vehicles, or buyers wanting to add value over time.
Key Highlights:
- 3 bedrooms, including main with built-in robes and ensuite.
- Built in 1977.
- Large allotment of 703m (approx.)
- Expansive rear yard with large shed and undercover area.
- Excellent frontage and easy side access to the backyard.
- Comfortable existing dwelling with rental or renovation potential.
- Close to schools, shops, parks, and transport.
- Minutes to Southgate Plaza, Colonnades, and the Southern Expressway.
- High-growth location with consistent buyer demand.
This is the kind of opportunity that's getting harder to find - a well-positioned block with solid bones and room to capitalise in one of Adelaide's strongest-performing suburbs.
The size of Morphett Vale is approximately 12.8 square kilometres. There are 48 parks, covering nearly 16.5% of the total area. The population of Morphett Vale in 2016 was 23140 people. By 2021 the population was 24002 showing a population growth of 3.7% in the area during that time. The predominant age group in Morphett Vale is 30-39 years. Households in Morphett Vale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Morphett Vale work in a community and personal service occupation.In 2021, 69.00% of the homes in Morphett Vale were owner-occupied compared with 67.70% in 2016.
Morphett Vale has 11,613 properties. Over the last 5 years, Houses in Morphett Vale have seen a 127.17% increase in median value, while Units have seen a 131.10% increase. As at 31 May 2026:
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