Morphett Vale (SA 5062) in Focus 2026: $826,000 Median, 3.9% Yield & 59/100 R-Score

Market Classification: Accelerating Momentum Turnaround · R-Score: 59/100 (National Rank #6,399 of 15,286) · Street Average: 47/100 across 440 streets.

Lagging 12-month median price tables often miss the inflection point when a suburb transitions from quiet accumulation into active expansion. Over the past year, Morphett Vale’s R-Score has climbed by +15 points to 59/100 as days on market (52 days) and rental vacancy (0.7%) tightened ahead of the broader SA market.

Below is our full September 2026 quantitative and street-level breakdown for Morphett Vale (SA 5062), combining 36 months of settled price and rental history from our Aurora research warehouse, council-level supply and employment data for Onkaparinga (SA), and block-by-block ABS 2021 Census SA1 tenure and yield rankings across 13,693 residential addresses.

1. Morphett Vale (SA) 3-Year Market Trajectory & 27-Indicator R-Score (September 2026)

Over the past 12 months, Morphett Vale’s median house price moved +15.5% (from $715,000 to $826,000), bringing its 3-year cumulative price movement to +35.2% (from $611,000 three years ago). On the rental side, median weekly asking rents moved +6.9% over the past year to $620/wk (+24.5% over 36 months), equating to a 3.9% gross rental yield. Compared with 12 months ago—when Morphett Vale carried an R-Score of 44/100—its current composite R-Score of 59/100 represents a +15-point shift in underlying market pressure.

Indicator / R-Score Pillar	Morphett Vale (SA) Current	12-Month / 36-Month Context
Composite Suburb R-Score	59 / 100	Ranked #6,399 of 15,286 suburbs (was 44/100 12m ago)
Median House Price	$826,000	12m change: +15.5% · 36m change: +35.2%
Median Weekly Rent & Gross Yield	$620/wk (3.9%)	12m rent change: +6.9% · 36m rent change: +24.5%
Rental Vacancy & Days on Market	0.7% vacancy	Median selling time: 52 days on market (1.5% vacancy is the tight-market line)
Pillar 1: Buyer Demand	38 / 100	Measures days-on-market compression, vendor discounting & sales velocity
Pillar 2: Supply & Ownership	32 / 100	Measures stock on market, building approvals vs stock & owner-occupier share
Pillar 3: Price Momentum	56 / 100	Measures short/medium-term price velocity vs Onkaparinga & SA
Pillar 4: Yield Pressure	63 / 100	Measures gross rental yield, rent trajectory & vacancy compression

2. The “Two-Speed Suburb” Test: Best & Worst Streets in Morphett Vale (SA)

Why do two 4-bedroom houses in Morphett Vale achieve completely different bank valuations and tenant quality? Because suburb medians blend every pocket together. When we map all 13,693 addresses across 440 streets in Morphett Vale through G-NAF to their ABS 2021 Census SA1 blocks, the suburb splits into three distinct tiers:

• Strong Street Profile (Score 75–100): 154 streets (41% of scored streets) pass both ABS Census tenure tests (owner-occupiers >65% and public housing ≤5%) plus at least one—or both—of the Morphett Vale rent and yield benchmarks.
• Mid / Mixed Street Profile (Score 50–74): 55 streets pass the core owner-occupier and public-housing thresholds but sit below the suburb median on weekly rent or yield.
• Weaker / Caution Street Profile (Score 0–25): 166 streets fail one or both census tenure thresholds—meaning either owner-occupation sits at or below 65% or state/community public housing exceeds 5% on those specific SA1 blocks.

Top 5 Highest-Scoring Streets in Morphett Vale (SA)

These streets sit in SA1 census blocks with high homeowner pride of ownership, minimal social housing concentration, and strong block-level rents (inspect all 440 streets in Morphett Vale):

Top Street in Morphett Vale	Street Score	Addresses	Owner-Occupiers	Public Housing	SA1 Rent & Yield
#1 Kooyonga Way	100/100	34	88%	0%	$620/wk (4.6%)
#2 Baltimore Avenue	100/100	31	88%	0%	$620/wk (4.6%)
#3 St Georges Court	100/100	23	88%	0%	$620/wk (4.6%)
#4 Thaxted Court	100/100	17	88%	0%	$620/wk (4.6%)
#5 Muirfield Place	100/100	16	88%	0%	$620/wk (4.6%)

Streets Where Block-Level Tenure Trails the Morphett Vale Average

By contrast, the streets below run through SA1 census blocks that fail one or more of our tenure or rental tests. A lower Street Score is not a judgement of any individual house, but it highlights where higher renter turnover or public housing concentration exists within Morphett Vale:

Caution Street Sample	Street Score	Addresses	Owner-Occupiers	Public Housing	SA1 Median Rent
Parramatta Drive	0/100	72	37%	48.5%	$550/wk
Waverley Way	0/100	63	37%	48.5%	$550/wk
Adam Road	0/100	38	37%	48.5%	$550/wk

3. Economic & Supply Drivers in Onkaparinga Council (South Australia)

Morphett Vale sits within the Onkaparinga Local Government Area, which has a residential population of approximately 184,827 (+3.3% population movement over the past 3 years) and 71,741 total dwellings. Three council-level fundamentals shape Morphett Vale’s medium-term outlook:

• Local Employment Diversity (ABS Census): The largest employment sectors across Onkaparinga are Health Care and Social Assistance (15%), Retail Trade (15%), Education and Training (11%), Manufacturing (11%). Multi-sector employment reduces reliance on any single employer or commodity cycle.
• New Building Approvals vs. Existing Stock: Over the latest 12-month financial year, Onkaparinga approved 1.8% new dwelling stock (~1,292.825 dwellings). Because annual additions sit under 1.8% of stock, incoming supply is constrained relative to tenant and buyer demand.
• State Comparison: Compare Morphett Vale against the Top 25 Highest R-Score Suburbs in SA.

4. Worked Cashflow, Deposit & 80% LVR Stress-Test for Morphett Vale (September 2026)

What does it actually cost to acquire and hold a typical house in Morphett Vale at today’s median price of $826,000 and median rent of $620/wk? Below is the baseline 80% Loan-to-Value Ratio (LVR) model we use to stress-test serviceability before shortlisting a property:

Cashflow & Capital Item	Morphett Vale Worked Figure	Assumptions & Notes
Purchase Price (Suburb Median)	$826,000	Settled house median as of September 2026
20% Deposit + Est. Stamp Duty & Costs	$204,848	$165,200 deposit (80% LVR) + ~$39,648 stamp duty, legal & inspection allowance (can be funded via usable home equity)
80% LVR Loan Amount	$660,800	Standard no-LMI investor loan threshold
Gross Annual Rental Income	$32,240/yr ($620/wk)	3.9% gross rental yield before vacancies and expenses
Est. Annual Interest + Operating Costs	$50,386/yr	Assumes 6.25% interest-only ($41,300/yr) + ~1.1% for council rates, insurance & property management ($9,086/yr)
Pre-Tax Weekly Cashflow Position	-$349/wk top-up	Before tax deductions / depreciation (confirm post-tax position with your accountant)

5. Who Should Buy in Morphett Vale—And 3 Rules Before You Make an Offer

R-Score Jumped +15 Points Over the Past 12 Months. Based on our September 2026 data, Morphett Vale is best suited to equity-backed homeowners and portfolio builders seeking a balanced entry price ($826,000) and 3.9% rental yield in SA.

1. Never Buy Blind on the Suburb Median: In Morphett Vale, 166 streets score below 50/100 on our census tenure and yield tests. Always run the exact street through the Morphett Vale Street Score Hub and target the 154 streets scoring 75–100/100.
2. Check Lot-Level Overlays (Flood, Bushfire, Slope & Easements): Even on a 100/100 streetlike Kooyonga Way, individual lots can carry overland flow paths, steep gradients, or sewer easements that restrict granny-flat additions or spike insurance premiums.
3. Price Against Street-Matched Settled Comparables: Do not let a selling agent justify an asking price on a 25/100 street using comparable sales from a 100/100 street. Compare settled sales within the same SA1 Street Score band.