Back 40 Prince Charles Street
Off Market

40 Prince Charles Street

Morphett Vale SA 5162

3
2
2
113 m²
703 m²
House
Craig ThomsonCraig Thomson, last sold this property on 03 November 2025 after 16 days on market.

Overview

Prime Development / Renovation Opportunity in the Heart of Morphett Vale

Perfectly positioned in a sought-after pocket of Morphett Vale, this 1977-built three-bedroom, two-bathroom home sits proudly on a large 703m² allotment, offering incredible scope for developers, builders, or savvy investors. With approximately 113m² of internal living, the home features a practical floor plan with spacious bedrooms, a light-filled lounge at the front, and an open-plan kitchen and dining area that flows to the outdoors. The layout provides immediate liveability or rental potential while you plan your next move - whether that's a subdivision, full redevelopment, or renovation project (subject to council consent). Out back, you'll find an impressive setup - a huge workshop-style shed, additional undercover area, and generous backyard space that's perfect for storage, hobbies, or future improvements. The wide frontage and side access make it ideal for tradies, those with multiple vehicles, or buyers wanting to add value over time. Key Highlights: - 3 bedrooms, including main with built-in robes and ensuite. - Built in 1977. - Large allotment of 703m² (approx.) - Expansive rear yard with large shed and undercover area. - Excellent frontage and easy side access to the backyard. - Comfortable existing dwelling with rental or renovation potential. - Close to schools, shops, parks, and transport. - Minutes to Southgate Plaza, Colonnades, and the Southern Expressway. - High-growth location with consistent buyer demand. This is the kind of opportunity that's getting harder to find - a well-positioned block with solid bones and room to capitalise in one of Adelaide's strongest-performing suburbs.

Features

3 bedrooms
2 bathrooms
2 carspaces
113 m² floor area
703 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Morphett Vale over the last 12 months, the estimated median property value of 40 Prince Charles Street is $770k.

Median value
$770k
Estimated value range
$582k - $1.16m
Median days on market
22
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Morphett Vale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Prince Charles Street

2025
Sold
Undisclosed
Auction Sale on 03 Nov 2025 by Craig Thomson, of Magain Real Estate

Happy sellers in Morphett Vale

97%
97% of sellers in Morphett Vale reported that their sale price either exceeded or met their price expectations.

Morphett Vale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Morphett Vale over the last 12 months.

Local market activity for 3 bedroom houses in Morphett Vale

In the last 12 months, 284 three-bedroom houses similar to 40 Prince Charles Street, have been sold.

This represents a 3% increase in three-bedroom houses sales when compared to the previous 12 months.

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