Suburb Profile Report for Morphettville SA (5043)

Morphettville House: Median price $481,000, Annual capital growth 2.58%, Number of sales 36, Weekly median advertised rent $380

Morphettville Unit: Median price $330,000, Annual capital growth 4.72%, Number of sales 36, Weekly median advertised rent $310

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Morphettville has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.84% to date .

The five-year average increase in median property values for Morphettville,5043 has given property investors a potential capital gain of 12.25% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Morphettville, 5043. Typically our figures indicate that -3.70% is being offered, which puts this SA suburb at 3264th most discounted overall in Australia.

Morphettville is 237th on a list of best yielding suburbs for rents in SA with a 4.11% return

With a capital gain of -2.94% for the last 12 months, Morphettville, 5043 has performed for property investments than its average annual 4.72% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Morphettville has increased when compared to the 5 year average annual rate.

Morphettville5043 is located in SA which offers an average discount of -6.37% to property investors. Morphettville itself is showing figures that indicate -6.41% is the average achievable by property buyers investing in the suburb.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.88%, without taking into account capital value appreciation, which has been averaging out at 4.72%.

Metrics i HOUSE UNIT
$481,000 $330,000
-2.83% 3.13%
-1.84% -2.94%
2.58% 4.72%
$380 $310
36 36
4.11% 4.88%
100.52 85.24

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2893
Median household income ($/weekly) 834
Median age of persons 46
Median housing loan repayment ($/monthly) 1683
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 388 13.4
    35-44 years 317 11.0
    45-54 years 376 13.0
    55-64 years 357 12.3
    65-74 years 282 9.7
    Others 1173 40.5
    Age Group
    Census Count Percent(%)
    Not Married 1121 54.4
    Registered Married 728 35.4
    Defacto Relationship 210 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2114 76.7
    Croatia 47 1.7
    Indonesia 31 1.1
    United Kingdom 199 7.2
    Other 118 4.3
    Others 246 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 39 1.5
    Christianity 1698 65.5
    Islam 50 1.9
    Other Religious Groups 39 1.5
    No Religion 752 29.0
    Others 14 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 161 14.8
    $400-$599 139 12.8
    $600-$799 132 12.2
    $800-$999 116 10.7
    $1,500-$1,999 111 10.2
    Others 426 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1155 48.2
    Employed, worked full-time 701 29.2
    Employed, worked part-time 410 17.1
    Unemployed, looking for work 70 2.9
    Employed, away from work 61 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 234 19.9
    Technicians & trades workers 185 15.7
    Community & personal service workers 141 12.0
    Clerical & administrative workers 203 17.3
    Labourers 127 10.8
    Others 286 24.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 152 29.5
    Secondary 133 25.8
    Technical or Further Educational Institution 54 10.5
    University or other Tertiary Institutions 120 23.3
    Other type of educational institution 31 6.0
    Others 26 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1344 54.4
    Semi-detached, row or terrace house, townhouse 885 35.8
    Flat, unit or apartment 243 9.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 523 45.3
    Being purchased 314 27.2
    Fully owned 308 26.7
    Other tenure type 9 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals