8/68 Sherriffs RoadMorphett Vale SA 5162
Property Details for 8/68 Sherriffs Rd, Morphett Vale
8/68 Sherriffs Rd, Morphett Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 113m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (November 2016)
UNDER CONTRACT!!!
GREAT opportunity here with this updated, 2 bedroom, solid brick unit built in 1973 that is located conveniently close to Southgate Shopping Centre, several local schools & bus routes & would make a valuable addition to an investment portfolio &/or provide an opportunity to live in & enjoy it one day.
This unit is expected to attract investors, downsizers, couples & first homebuyers to the Open Inspections.
The unit is tenanted until April 2017 at $245pw which provides a great investment yield of 6.53% on a $195,000 purchase price. The tenant is wanting to stay, but will vacate the unit by the settlement date if the buyer/s want to move in as an owner-occupier instead of continuing to rent it out.
Be quick as this unit is expected to bring a high level of attention from buyers & is definitely priced to SELL!!
Property History for 8/68 Sherriffs Rd, Morphett Vale, SA 5162
- 09 Nov 2016Sold for $196,000
- 04 Jul 2016Listed for Sale Under Contract
- 16 Mar 2015Listed for Rent $249 / week
Recent sales nearby
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About Morphett Vale 5162
The size of Morphett Vale is approximately 12.8 square kilometres. It has 48 parks covering nearly 16.5% of 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 11,569 properties. Over the last 5 years, Houses in Morphett Vale have seen a 129.20% increase in median value, while Units have seen a 134.05% increase. As at 31 January 2026:
- The median value for Houses in Morphett Vale is $773,265 while the median value for Units is $575,186.
- Houses have a median rent of $580 while Units have a median rent of $500.
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