Morphett Vale (postcode 5162) is a large suburb in South Australia within the Onkaparinga local government area. It is home to about 24,002 residents, with a settled mid-life population and a median age of 40. Households earn a median income of $62K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. SA employment has moved +1.6% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. SA also had 21 Commonwealth-backed major projects under construction, 7 underway, and 7 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Morphett Vale has a median house price of $785,000, which has eased back by 1% year-on-year. Units have a median price of $463,000 (+14.9% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,300.
Morphett Vale is served by 12 schools, including 8 primary, 1 secondary, 3 combined. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 132 bus stops. The crime rate in the Onkaparinga LGA is moderate at 6,199 incidents per 100,000 population.
On the investment side, Morphett Vale shows a gross rental yield of approximately 3.6%, rated as moderate yield. Property prices are near the state median ($785K/$980K). The price-to-income ratio of 12.6x is considered stretched. House prices have moved -1.0% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.