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5 Leonard Crescent

Morphett Vale, SA 5162, Australia
EOI
890 m²

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About this property

Positioned in a convenient and well-connected pocket of Morphett Vale, this substantial 890m² (approx.) allotment presents an outstanding opportunity for developers, investors and those looking to build their dream home. Zoned Housing Diversity Neighbourhood, the property offers exciting potential to develop 2, 3 or even 4 dwellings (STCC), making it an ideal acquisition for those seeking to capitalise on the growing demand for quality housing in this thriving southern suburb. Perfectly located within easy reach of public transport, local shopping centres, quality schools and everyday amenities, the site combines development potential with an enviable lifestyle location. With excellent access to major arterial roads, commuting to the Adelaide CBD or surrounding suburbs is both simple and convenient. Whether you're looking to maximise the site's development potential, landbank for the future, or create a premium residential project, opportunities of this size and zoning are becoming increasingly difficult to secure. Key Features: • Generous 890m² allotment (approx.) • Housing Diversity Neighbourhood zoning • Potential to develop 2, 3 or 4 dwellings (STCC) • Convenient location close to shops, schools and public transport • Easy access to major transport routes • Outstanding opportunity for developers, investors or builders Unlock the potential and bring your vision to life on this exceptional development site.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
890 m²
Listed
1 week ago

Repayment calculator

$3,757/month
$1,879 /fortnight
Loan $620,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$155,000
Stamp duty$36,455
Conveyancing (est.)$2,000
Total upfront$193,455
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Morphett Vale

This land in Morphett Vale, SA 5162 sits within reach of public transport, local shops and nearby schools.

Schools near Morphett Vale

  • Prescott College Southerncombined · R-12 · CoEd
  • Southern Montessori School - Middle School Campuscombined
  • Southern Vales Christian College - Morphett Vale Campuscombined · R-12 · CoEd
  • Woodcroft Collegecombined · R-12 · CoEd
  • Antonio Catholic Schoolprimary · R-6 · CoEd
  • Calvary Lutheran Primary Schoolprimary · R-6 · CoEd

What's nearby

  • Stop 52A States Road - West side (bus)2.0 km away
  • Suds Express Laundromat1.3 km away
  • Unnamed1.8 km away
  • Unnamed1.8 km away
  • Unnamed1.9 km away

Morphett Vale at a glance

Full suburb profile
Population
24,002
Median age
40
Household income
$1,199/wk
Median rent
$295/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Morphett Vale price trend

Median sold · House 3 bed

Compound growth +14.8% / yr over 4 yrs

$770kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Morphett Vale market

Within 5km

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