[Estate] Terrace/Villas
![[Estate] Image #2](https://wsrv.nl/?url=https://piabimages.s3.amazonaws.com/media/projects/photo/189918/Photo-2.png&h=800&w=1200&maxage=1w&af&il&fit=cover&a=attention&we)
![[Estate] Image #2 Thumbnail](data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PSIwIDAgMjAwIDEyMCIgd2lkdGg9IjIwMCIgaGVpZ2h0PSIxMjAiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyI+PC9zdmc+)
Morphett Vale is a well-established suburb in Adelaide’s southern region, situated approximately 25 km from the city centre. As South Australia’s largest suburb by population, it offers a blend of affordability, family-friendly amenities, and strong investment appeal.
With a population of around 24,000, Morphett Vale has a median age of 40. The area is predominantly composed of families and working professionals, with a significant portion engaged in trades and service industries. Approximately 27% of residents live in rental accommodations, reflecting a balanced mix of homeowners and tenants.
The property market in Morphett Vale has experienced notable growth. The median house price is approximately $600,000, marking a 13.4% increase over the past year. Units have a median price of $450,000, with an 18.7% annual growth. Houses typically spend 35 days on the market, while units average 29 days.
The rental market is robust, with houses commanding a median rent of $550 per week and units at $425 per week. This translates to rental yields of 4.76% for houses and 4.91% for units. The current vacancy rate stands at a low 0.38%, indicating strong demand for rental properties.
Morphett Vale offers a range of amenities, including numerous parks, schools, and shopping centres. The suburb is home to 48 parks, covering nearly 16.5% of its area, providing ample green spaces for recreation. Educational institutions in the area cater to all levels, from primary to secondary education. The suburb’s infrastructure supports a comfortable lifestyle, making it attractive to families and retirees alike.
In summary, Morphett Vale combines affordability with a strong sense of community, making it an appealing option for both homeowners and investors. Its steady property growth, low vacancy rates, and comprehensive amenities contribute to its reputation as a desirable suburb in Adelaide’s southern corridor.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.
- Distance:
- Estimated Duration:
- Selected Mode:
- Enter any valid Suburb and click on the "Submit" button to see appropriate route details.
- The route details shown are returned from Google.
- Disclaimer: The exact location of the property may not be accurately shown on the map as in some cases the property suburb only has been picked. Any address can be provided upon enquiry. Please consider this when using the map and the Travel Time Estimator above.
Nearby Properties
Properties located within a 50-kilometer radius of the current property.
![[Estate] Property Image](data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PSIwIDAgMzAwIDE2NiIgd2lkdGg9IjMwMCIgaGVpZ2h0PSIxNjYiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyI+PC9zdmc+)
![[Estate] Property Image](data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PSIwIDAgMzAwIDEzNCIgd2lkdGg9IjMwMCIgaGVpZ2h0PSIxMzQiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyI+PC9zdmc+)
![[Estate] Property Image](data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PSIwIDAgMzAwIDE3OSIgd2lkdGg9IjMwMCIgaGVpZ2h0PSIxNzkiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyI+PC9zdmc+)
