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Suburb Insights · SA 5043

Morphettville, SA 5043 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Morphettville is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 3,686, making it a boutique locality. Located approximately 8 km from the Adelaide CBD, Morphettville is a middle ring area in South Australia. The median household income is $73,528 per year.

Investment Score

63 / 100 Good

Morphettville has a solid income profile that supports reliable occupancy rates. Its proximity to the CBD adds a strong location premium.

Location

Adelaide
Morphettville
South Australia · 5043
8 km from Adelaide CBD
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Key Indicators

Postcode
5043

Official Australia Post postcode for Morphettville. A postcode may cover multiple suburbs.

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Population
3,686

Usual resident population at the most recent census.

Median weekly rent
$300/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$73,528/yr

Annual median household income (before tax) across all households.

Distance to CBD
8 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,667/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
52% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Morphettville

Who Morphettville Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the South Australia median — stretch goal.
💼ProfessionalsAround 8 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

3,686 residents places Morphettville squarely in the middle of the South Australia suburb size distribution (state median 3,699), with market depth comparable to most SA localities. Household income of $73,528/year is 9% below the South Australia median of $80,964, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $300/week (78% coverage of the $1,667/month median mortgage) leaves a gap of roughly $367/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 8 km from the Adelaide CBD, Morphettville sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 52% of dwellings are separate houses (vs 73% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.

Morphettville vs South Australia Median

How Morphettville stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Morphettville sits above the state median; negative means below.

MetricMorphettvilleSA medianΔ vs state
Population3,6863,6990%
Median household income$73,528/yr$80,964/yr-9%
Median rent (weekly)$300$320-6%
Median mortgage (monthly)$1,667$1,616+3%
Distance to CBD8 km13 km-38%
Separate houses52%73%-21pp

Investor Checklist

Pre-inspection briefing for Morphettville — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Morphettville's 3,686-person market and $73,528 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

⚠️
Rental Yield

Moderate rental coverage: rent of $300/week covers 78% of a $1,667/month mortgage, leaving a $367/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 52% of dwellings are separate houses (vs 73% SA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Morphettville property

Full Property Analysis

30-year projections for Morphettville

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Morphettville are modest for 2026 — incomes 9% below the SA median of $80,964 and a population of 3,686 suggest gains will lag headline metro markets. Rental coverage runs at ~78% of the typical mortgage ($1,300/month rent vs $1,667/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 63/100 places Morphettville in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Morphettville a good suburb for investment?

Morphettville scores 63/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,686, median household income of $73,528/year and median weekly rent of $300. 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.

What drives property demand in Morphettville?

The main demand drivers in Morphettville are proximity to Adelaide (8 km), a median household income of $73,528/year, a dwelling mix that is 52% separate houses, roughly 1 schools and 1 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.

What is the population of Morphettville?

Morphettville has a usual resident population of approximately 3,686, compared with a South Australia suburb median of 3,699 — placing it in the lower 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.

How far is Morphettville from the Adelaide CBD?

Morphettville sits 8 km straight-line from the Adelaide CBD. This is inner-ring territory — pricing competes directly with established Adelaide employment nodes.

What is the median rent in Morphettville?

The most recent census recorded a median weekly rent of $300 in Morphettville, equating to approximately $15,600/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.

What is the typical mortgage repayment in Morphettville?

The median monthly mortgage repayment in Morphettville is $1,667, or approximately $20,004/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.

Is Morphettville cash-flow positive for investors?

A median weekly rent of $300 works out to $1,300/month, covering 78% of the median mortgage repayment of $1,667/month. That leaves a $367/month shortfall (around $4,404/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.

What are the main risks of investing in Morphettville?

The main risks are a thin buyer pool (3,686 residents), interest-rate sensitivity on the $1,667 median mortgage, 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.

How we built this Morphettville profile

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.

Nearby Suburbs

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