Morphett Vale SA 5162 · New builds · 2 available
Two new house-and-land packages, to be built in Adelaide's southern growth corridor, with strong rental income and a proven tenant demand. Offered to investors before they go to market through Ray White.
From 1 July 2027, negative gearing on residential property is limited to new builds. As the first owner of a new dwelling, a buyer keeps negative gearing and can claim depreciation.
An appraised rental income of $1,200 a week once built, with a house of the same design on the same block already renting for $1,260. On our estimates the holding cost is close to $0 a week. The figures and assumptions are in the details pack.
Morphett Vale is about 30 minutes from the Adelaide CBD, with schools, shopping centres and Flinders Medical Centre nearby. Rental demand is high, with vacancy among the lowest in Adelaide.
The new homes: 3 bedrooms · 3 bathrooms · double garage. Floor plans and land details are available to qualified buyers on request.
“I had a fantastic experience living here. It's a clean, comfortable, and welcoming house, and Michelle and Andrew made the whole process seamless.”
“Very comfortable home environment, clean modern and well planned out... Andrew and Michelle take time to make sure the tenants are happy and the place is well maintained... I love it here ...in my 3rd year .. 😊😊”
We're the owners, and we're offering these homes to investors before they're listed with Ray White. Contact us for plans, inclusions, both rental appraisals and the holding-cost figures.