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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.

MetricMorphett ValeOttoway
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 rate0.8%0.2%
Population24,0022,783

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.

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