Morphett Vale vs Ottoway
Property investment comparison - Morphett Vale, SA 5162 vs Ottoway, SA 5013
Head-to-head across core investment metrics: Morphett Vale wins 1, Ottoway wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Morphett Vale | Ottoway |
|---|---|---|
| Median house price | $800K | $795K |
| Median unit price | $625K | - |
| Gross rental yield (houses) | 3.96% | - |
| Gross rental yield (units) | 4.15% | - |
| 1-year house growth | +14.3% | +8.2%estimate |
| 3-year house growth | +47.0% | - |
| Vacancy rate | 0.8% | 0.2% |
| Population | 24,002 | 2,783 |
Morphett Vale vs Ottoway: what the numbers say
The median house price is $800K in Morphett Vale and $795K in Ottoway, so Ottoway is the cheaper entry point, with Morphett Vale houses about 1% dearer.
Over the past year house prices moved +14.3% in Morphett Vale and +8.2% in Ottoway (an estimate), so recent momentum favours Morphett Vale, although both suburbs recorded growth.
Rental vacancy is 0.2% in Ottoway and 0.8% in Morphett Vale, so landlords in Ottoway face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Morphett Vale is the bigger suburb, with a population of 24,002 against 2,783, roughly 9 times the size of Ottoway; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Ottoway for a lower purchase price, Morphett Vale for recent price momentum, Ottoway for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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