1/59 Morphett Road, Camden Park SA 5038
1/59 Morphett Road, Camden Park SA 5038
This 1-bedroom, 1-bathroom apartment / unit with 1 car spaces is positioned in Camden Park SA. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Camden Park’s inner-south fringe and short trips to Adelaide and Glenelg keep buyers engaged despite only four houses and six units currently listed, with 368 house buyers and 983 unit buyers chasing refreshed stock. Buyers appreciate solidly built homes and new-ish units, yet houses are flat over the quarter with slight 12-month softness while units keep surging and yields around 3–4% offer cash flow. The main risk is rental weakness – house rents plunged 15.6% to $540 weekly in the year to August 2025 – so investors must weigh that against a 272% surge in unit buyer interest that keeps redevelopment and strata upgrades viable.