10 The Glenn, Morphett Vale SA 5162
10 The Glenn, Morphett Vale SA 5162
Compact 2013-built 3-bed | 293m² low-maintenance block | Single-level family layout | Master suite with ensuite and WIR | Open-plan living focus
This house was built in 2013 on a compact 293m² block, and it is finished with the features most family buyers want while avoiding the upkeep of an older, larger holding. The layout is efficient: three bedrooms, two bathrooms including a master with ensuite and walk-in robe, open-plan living and dining, a modern kitchen with quality appliances, air conditioning and a remote garage. The combination of a recent build and small, easy-care land is genuinely rare for this suburb. This property is best suited to first-home buyers, young families and downsizers seeking a functional single-level house. No overlay constraints were detected, which simplifies future renovation plans.
Extension potential may be limited by the compact land size. The NBN FTTN connection might be considered less attractive by some buyers, though 5G availability helps. Housing Diversity Neighbourhood zoning could offer future intensification options, depending on council policy. Presentation and how the open-plan layout is received in person will likely influence price most.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 The Glenn, Morphett Vale SA 5162
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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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: 3 The Glenn sold $693,000 | Property Price Band: $700K–$800K | Value Drivers: modern 2013 build, compact 293m² land, open-plan layout
Bedrooms
3
Bathroom
2
Parking
1
Land
315m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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