Salisbury Heights at a glance
4,733
People
$786,500
Median sale
$564/wk
Median rent
3.73%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Salisbury Heights › 1a Nicholas Ave
$665,000
Last sold
10 Jan 2022
6
Bedrooms
2
Bathrooms
2
Car spaces
711 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$665,000
10 Jan 2022 · derived via latest_sale
Salisbury Heights at a glance
4,733
People
$786,500
Median sale
$564/wk
Median rent
3.73%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Salisbury Heights
-15.4%
Median sale
Suburb $786,500
+0.68 pp
Gross yield
Suburb 3.73%
Suburb median $786,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $564/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Salisbury Heights at a glance
4,733
People
$786,500
Median sale
$564/wk
Median rent
3.73%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Taylor'sPause and ponder the benefits of this truly unique opportunity to purchase two beautiful, freestanding properties on one Torrens title block.
The 711sqm corner allotment incorporates the two three-bedroom homes, each with attractive street frontage, independent driveways and mature gardens. This could be an ideal arrangement for extended families to live close by, an opportunity for investors to earn two rental incomes from one purchase, or to occupy one property yourselves and rent out the other.
Both properties are currently tenanted. No.1 earns rental income of $325 per week and 1A earns $320 per week. Set on a generous corner block, there is also development potential subject to council consent.
Each of these bright and cheerful family homes built in 1998 feature:
- Nicely presented dcor
- Three generous bedrooms with carpet
- Full-sized bathrooms with baths and separate showers
- Separate toilets
- Spacious living and dining areas
- Reverse cycle heating and cooling
- Classic kitchens with breakfast bars, double sinks, gas ovens
- Single carports with roller doors
- Easily maintained mature gardens
- Covered outdoor entertaining spaces
- Near Tyndale Christian School and Salisbury East High School
- Close to grassy walking trails and bike tracks at Cobbler Creek Reserve
Brilliantly located within walking distance of public transport and close to the Saints Shopping Centre encompassing a supermarket, eateries, sporting and medical facilities, these two lovely homes offer a wonderful lifestyle brimming with convenience, classic style and superb, spacious comfort. For more information contact Jakub Ratajczak on 0448 114 454.
HEALTH WARNING - CORONAVIRUS (COVID-19)
IN THE CURRENT BUSINESS ENVIRONMENT WE'RE TAKING ADDITIONAL HEALTH PRECAUTIONS.
If you have returned from overseas within the last 14 days, or if you are self-isolating, or have been in contact with a known case of coronavirus, and you were interested in attending one of our property inspections, you must contact our office on 82642223 prior to inspecting the property.
Listing description written by Jakub Ratajczak, First National Real Estate Taylor's — reproduced as published, not verified by Districts.