4/3-5 Malone Cres, Morphett Vale SA 5162
4/3-5 Malone Cres, Morphett Vale SA 5162
This 3-bedroom, 1-bathroom apartment / unit with 1 car spaces is positioned in Morphett Vale SA. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Affordability relative to other coastal suburbs keeps buyers active, demand metrics rose 27% for houses, and median prices sit near $750k for homes and $605k for units. Momentum stayed positive with quarterly rises of around 2.45% for houses and 2.68% for units over the past six months, keeping upward pressure on values. Risks include affordability fatigue after recent gains and softer unit demand even as rents tick higher, but steady rental growth and proximity to southern employment nodes underpin longer-term upside.