8 Austral TerraceMorphettville SA 5043
Property Details for 8 Austral Tce, Morphettville
8 Austral Tce, Morphettville is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 675m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
Set upon a large 700m2 approx corner allotment with two street frontage adjacent to Morphettville Racecourse is an opportunity to acquire a modern fully established low maintenance 11 horse stables and tidy 3 bedroom home capable of approx 7% yield.
This well-maintained property is presented in a walk-in-walk-out state ideal for any owner occupier to commence training immediately or astute investor seeking an immediate return.
The property is located in the Suburban Neighbourhood Zone within the City of Marion Council. If you are considering purchasing this property please note the following.
At present, there is a Code amendment (a proposal to change the policies, rules, or mapping within the Code) initiated over a 12ha area named 'Morphettville/Glengowrie Horse Related Activities Code Amendment' in which this property is located.
Full details are available on the Plan SA website plan.sa.gov.au. A Code amendment has been initiated and an extract from this amendment states 'Council is therefore considering changes to the zoning of the subject land that will provide the opportunity for residential development at higher densities to be constructed.'
Combined Rental Estimate - $1050 per week
Rental Estimate - House Only $500 per week
Rental Estimate - Stables Only $550 per week
Council Rates - $1962 per annum
Emergency Service Levy - $365 per annum
SA Water - $186 per quarter
Zone - Suburban Neighbourhood
Council - City of Marion
House Built in 1950
Stables Built in 2004
Land Dimensions - 15.24m X 45.72m (700m approx)
Contact Shane Moore for further details and inspection times.
Property History for 8 Austral Tce, Morphettville, SA 5043
- 13 Jun 2023Sold for $800,000
- 20 Mar 2023Listed for Sale Not Disclosed
- 18 Oct 2017Sold for $562,000
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About Morphettville 5043
The size of Morphettville is approximately 2.0 square kilometres. There are 8 parks, covering nearly 3.9% of the total area. The population of Morphettville in 2016 was 3208 people. By 2021 the population was 3686 showing a population growth of 14.9% in the area during that time. The predominant age group in Morphettville is 30-39 years. Households in Morphettville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morphettville work in a professional occupation.In 2021, 59.50% of the homes in Morphettville were owner-occupied compared with 55.40% in 2016.
Morphettville has 1,953 properties. Over the last 5 years, Houses in Morphettville have seen a 78.80% increase in median value, while Units have seen a 103.45% increase. As at 30 June 2026:
- The median value for Houses in Morphettville is $1,159,198 while the median value for Units is $703,632.
- Houses have a median rent of $700 while Units have a median rent of $565.
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