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ABS 2021 Census · Updated 21 May 2026
Morphett Vale is a coastal suburb in South Australia, Australia, with a population of approximately 24,002, making it a sizeable community. Located approximately 22 km from the Adelaide CBD, Morphett Vale is a coastal area in South Australia. The median household income is $62,348 per year.
Morphett Vale's income profile suggests a value-oriented market with competitive purchase prices. The coastal setting provides a lifestyle factor that underpins property values.
Official Australia Post postcode for Morphett Vale. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 6 schools within or near this suburb.
Find schools near Morphett Vale on My School →Estimated 10 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
With 24,002 residents, Morphett Vale is one of South Australia's more populous suburbs — roughly 6.5× the state median of 3,699 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Morphett Vale's median household income of $62,348/year is 23% below the South Australia suburb median ($80,964) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $295 equates to $1,278/month — about 98% of the median mortgage repayment of $1,300/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 22 km from Adelaide places Morphett Vale in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
This suburb can suit investors targeting renter demand driven by lifestyle. Insurance, climate risk, and seasonal rental patterns all warrant a close look. Local rents consume roughly 25% of household income — a useful sanity check on tenant affordability.
How Morphett Vale stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Morphett Vale sits above the state median; negative means below.
| Metric | Morphett Vale | SA median | Δ vs state |
|---|---|---|---|
| Population | 24,002 | 3,699 | +549% |
| Median household income | $62,348/yr | $80,964/yr | -23% |
| Median rent (weekly) | $295 | $320 | -8% |
| Median mortgage (monthly) | $1,300 | $1,616 | -20% |
| Distance to CBD | 22 km | 13 km | +69% |
| Separate houses | 80% | 73% | +7pp |
Pre-inspection briefing for Morphett Vale — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: household incomes 23% below the SA median ($62,348 vs $80,964) means liquidity is thin and capital growth tends to lag the wider South Australia market over full cycles.
Strong rental coverage: $295/week (~$1,278/month) covers 98% of the $1,300/month median mortgage repayment, so the shortfall sits at just $22/month. Investors targeting positive cash flow should shortlist this suburb.
With 80% houses in a 24,002-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Morphett Vale property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Morphett Vale are modest for 2026 — incomes 23% below the SA median of $80,964 suggest gains will lag headline metro markets. Rental coverage runs at ~98% of the typical mortgage ($1,278/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 53/100 places Morphett Vale in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Morphett Vale scores 53/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 24,002, median household income of $62,348/year and median weekly rent of $295. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Morphett Vale are proximity to Adelaide (22 km), a median household income of $62,348/year, a dwelling mix that is 80% separate houses, roughly 6 schools and 10 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Morphett Vale has a usual resident population of approximately 24,002, compared with a South Australia suburb median of 3,699 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Morphett Vale sits 22 km straight-line from the Adelaide CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $295 in Morphett Vale, equating to approximately $15,340/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Morphett Vale is $1,300, or approximately $15,600/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $295 works out to $1,278/month, covering 98% of the median mortgage repayment of $1,300/month. That leaves a $22/month shortfall (around $264/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,300 median mortgage, below-median household incomes ($62,348 vs $80,964 state median), the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.