26 Oakhill Cres, Morphett Vale SA 5162

26 Oakhill Cres, Morphett Vale SA 5162
Large 824sqm block | 3 bed, 2 bath house | Unusually high garage capacity | Morphett Vale family potential The standout feature here is the generous 824 square metre allotment combined with what appears to be substantial garage or shed space, which is uncommon for a standard suburban house in this price bracket. This configuration serves households needing room for vehicles, a workshop, or outdoor storage far beyond typical family stock. The three-bedroom, two-bathroom layout is practical and functional, though the interior finish quality and renovation level remain unconfirmed from available sources. This property likely appeals most to buyers prioritising land size and utility over polished presentation, particularly those with multiple cars or hobby equipment. The last recorded sale at $355,000 in 2010 provides a long-term context, but the current asking range reflects significant land value appreciation in the area. Without confirmed details on building age, orientation, or on-site amenities like solar or rainwater, the property’s condition may be the primary variable affecting its true market position. Buyers should weigh potential renovation costs against the value of the large block, as the house itself might require updates that could shift the overall investment equation. The unusual garage count suggests either a substantial shed or multiple structures, which could add functional value or require maintenance depending on their state.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 26 Oakhill Cres, Morphett Vale SA 5162
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Market Insight:

This suburb demonstrates robust market momentum, with house and unit prices experiencing strong annual growth. Demand appears broad-based, supported by healthy rental yields and a relatively brisk sales environment, indicating sustained investor and owner-occupier interest. While the precise drivers are unspecified, the consistent upward trajectory suggests underlying fundamentals are at play. Future performance will hinge on the continuation of these demand drivers against broader economic conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

824mยฒ

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