Croydon Park at a glance
4,197
People
$990,500
Median sale
$558/wk
Median rent
2.93%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
SA › Croydon Park › Lancia Rd
7
Bedrooms
4
Bathrooms
4
Car spaces
704 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
Croydon Park at a glance
4,197
People
$990,500
Median sale
$558/wk
Median rent
2.93%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
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 $558/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
Croydon Park at a glance
4,197
People
$990,500
Median sale
$558/wk
Median rent
2.93%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker West Lakes | Henley BeachEffect a stunning transformation in this tree-lined street just a stone's throw from the vibrant Prospect and take your investment portfolio to the next level with this brilliant real estate venture boasting an enormous scope to renovate or redevelop.
Comprising a 3 bedroom homette, plus 3 semi-detached units and a large storage shed on a Torrens Title allotment of 704m2 (approx.), investors have plenty to be excited about with three of the four units tenanted and offering a very appealing gross return. Why not consider various tempting options, including reaping returns from the rented units while awaiting approval for your next new project?
Rental Breakdown:
Unit 1 - $320 p/w (Leased until 08/02/2022)
Unit 2 - $230 p/w (Leased until 14/02/2022)
Unit 3 - Vacant
Unit 4 - $220 p/w (Leased until 16/02/2022)
Total $770 per week = $40,040 per year approx. (not including rent of Unit 3) Imputed rent $51,480 per year approx.
A lush green common area serves the properties with a safe outdoor space. There is a lot to love about living in Croydon Park. It is a quiet, safe and friendly neighbourhood, surrounded by beautiful and established suburbs like West Croydon, and dynamic up-and-coming areas like Brompton and Bowden.
A hop, skip and jump to the vibrant hubs of Adelaide's most exclusive suburbs; Prospect and North Adelaide for all of your dining and shopping needs, plus so much more.
With Adelaide CBD less than 6kms, your commute to the city can become so much easier. Make your money work for you today!
For more information, please contact Nick Carpinelli on 0403 347 849 or Frank Azzollini on 0419 849 037.
Disclaimer:
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement. All land sizes quoted are an approximation only and at the purchasers discretion to confirm. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries. RLA 175322
Listing description written by Nick Carpinelli, LJ Hooker West Lakes | Henley Beach — reproduced as published, not verified by Districts.