28 Radnor Street, Morphett Vale SA 5162

28 Radnor Street, Morphett Vale SA 5162
2020-built modern house | low-maintenance open-plan design | broad buyer appeal | newer than typical local stock | practical family layout This is a genuinely uncommon find for Morphett Vale. A 2020-built house stands apart in a suburb where much of the housing stock dates from the 1980s, so it offers the modern finishes, light-filled spaces, and energy-efficient construction that many buyers in this price range simply cannot find nearby. The open-plan layout and quality presentation make it a strong option for first-home buyers who want move-in-ready condition without renovation work, downsizers seeking single-level practicality, and investors targeting tenants who prefer newer builds. Its low-maintenance character is a real advantage, reducing ongoing upkeep costs and appealing to buyers who value time over weekend projects. The property’s value may be influenced by how its land size and internal floor area compare to older homes on larger blocks in the same suburb. While the house itself is newer and more efficient, some buyers might weigh the trade-off between modern condition and a bigger yard. The broad buyer pool it attracts could support competitive interest, but the final price may depend on how strongly the 2022 sale history and current market conditions align. School catchment boundaries and nearby development activity are worth confirming, as these could add or soften demand depending on the buyer profile.
Detailed Independent Property Report prepared  by PropCred Analyst team for 28 Radnor Street, Morphett Vale SA 5162
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✓
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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: 28 Alice Cres sold Mar 2026 for $1.18M; 8 Radnor St listed $649k–$699k | Property Price Band: $650k–$750k | Value Drivers: modern 2020 build condition, low-maintenance layout, broad buyer demand across entry-level and investor segments

Bedrooms

3

Bathroom

2

Parking

2

Land

267m²

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