19 Albert Terrace, Morphett Vale SA 5162

19 Albert Terrace, Morphett Vale SA 5162
Spacious 780m² block | four-car capacity | three-bed two-bath layout | family-focused suburb | strong comparable demand This property stands out for its generous land size and practical configuration. At 780m², it offers more room than many nearby three-bedroom homes, and the two-bathroom setup adds genuine convenience for families who might otherwise face morning queues. The four-car spaces are a rare find in this segment, suiting households with multiple vehicles, a trailer, or workshop ambitions. Positioned in an established suburb known for large blocks and family appeal, this house serves buyers looking for space to grow into, renovate, or simply enjoy without the constraints of newer, tighter developments. It is best suited to owner-occupiers wanting a solid family base with room to personalise. The price band reflects the land’s size and the home’s upgraded bathroom count, both of which lift it above more basic three-bedroom stock in the area. Condition and presentation will matter most here, as older homes on large blocks often carry hidden upkeep costs. The absence of confirmed build year or renovation history means a thorough building inspection is advisable before committing. Development potential, if any, would depend on council zoning, so buyers should check that only if they intend to pursue it. Rental demand appears steady for similar homes, which may support future resale or investment flexibility. || Comparable Sales: 13 Almond Grove sold $732,000; 1 Almond Grove sold $641,000 | Property Price Band: $700k–$800k | Value Drivers: land size, bathroom count, parking capacity, presentation quality
Detailed Independent Property Report prepared  by PropCred Analyst team for 19 Albert Terrace, Morphett Vale SA 5162
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk ! 1
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Market Insight

Median house prices in this suburb run from $698,250 to $790,500, with annual growth of 11.8% to 15.2%. Unit medians are $553,000 to $608,500, growing 12.7% to 19.8%. Selling times of 22 to 47 days and an annual house sales volume of 116 to 457 indicate a thin but active market. Gross rental yields of 3.8% to 4.3% for houses and 3.5% to 4.3% for units, against weekly rents of $580–$590 and $475–$513, show price growth outpacing rental income, pointing to demand focused on capital appreciation. This price-led demand, combined with tight days-on-market, suggests strong buyer competition. High entry prices and modest yields are the key constraints, while the limited transaction volumes could intensify price swings if demand stays strong.
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PropCred Estimated Value

Comparable Sales: 13 Almond Grove sold $732,000; 1 Almond Grove sold $641,000 | Property Price Band: $700k–$800k | Value Drivers: land size, bathroom count, parking capacity, presentation quality

Bedrooms

3

Bathroom

2

Parking

4

Land

780m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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