Back 8/23 Austral Terrace
Off Market

8/23 Austral Terrace

Morphettville SA 5043

2
1
1
Apartment
Marco SchinellaMarco Schinella, last sold this property on 20 June 2025 after 57 days on market.

Overview

Convenient. Updated. Secure.

Currently rented offering a strong 4.8% gross rental return per annum! Tastefully updated and well maintained, this solid brick unit offers unbeatable convenience in the heart of Morphettville - set back privately in a small low maintenance group. A fantastic entry point into the market for first homebuyers looking for secure growth, or a set & forget investment opportunity in a popular location. Step inside to a surprisingly spacious layout with floating timber floors throughout the living and meals area. The updated kitchen features a modern fit out including dual sink, stainless steel oven with gas cooktop and rangehood, overhead cupboards and a fridge provision - designed for modern living. Two spacious bedroom feature plush carpet and ceiling fans, master bedroom includes full-height built-in cupboards. The main bathroom includes a modern vanity, shower-over-bath combination and handy laundry facilities. A real delight is the outside paved yard privately financed and complete with undercover alfresco area, perfect for entertaining or relaxing. Enjoy the convenience of a secure carpark nearby to the rear of the group. Extra features include split system heating & cooling, roller blinds, sliding windows, security screen, and fully gated private yard. Situated within walking distance to both tram links and bus stops, this ultra-convenient location offers easy access to the CBD and Glenelg Beach, with local cafes and shops just moments away. Your stepping stone into the market a chance to secure and continue to reap the rewards! Year Built / 1971 approx Council / City Of Marion - GNH Zone Strata / Whittles

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Morphettville over the last 12 months, the estimated median property value of 8/23 Austral Terrace is $570k.

Median value
$570k
Estimated value range
$505.5k - $780k
Median days on market
43
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Morphettville. 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 8/23 Austral Terrace

2025
Sold
Undisclosed
Private Sale/Treaty on 20 Jun 2025 by Marco Schinella
2025
Rented
Undisclosed
Leased on 16 Jan 2025
2022
Rented
Undisclosed
Leased on 13 Mar 2022

Happy sellers in Morphettville

~%

We have insufficient information to provide an overview of customer satisfaction for Morphettville. Viewing the agent profiles, reviews and sales for Morphettville can provide insights for this location.

Local market activity for 2 bedroom apartments in Morphettville

In the last 12 months, 4 two-bedroom apartments similar to 8/23 Austral Terrace, have been sold.

This represents a 66% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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