Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Athelstone › Carolyn Grove
$950,000
Last sold
19 June 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
594 m²
Land
187 m²
Building
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
$950,000
19 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Athelstone (last 5 years) with land size have a median of $1,681/m² of land (n=97). Districts calculation from recorded sales — not a valuation.
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Athelstone
-16.7%
Median sale
Suburb $1,140,000
+0.56 pp
Gross yield
Suburb 2.83%
Suburb median $1,140,000 from 35 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 $620/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
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne UnleyNestled in the serene neighbourhood of Athelstone, on the corner of the highly desired River Drive, 1 Carolyn Grove epitomizes sustainable elegance. This double brick home, crafted in 1977, offers a seamless blend of timeless charm and modern comfort. With 4 bedrooms, including a master with an En-suite, and adorned with non-toxic tan-coated floorboards throughout, this residence exudes warmth and sophistication.
Being a coveted Corner Block with River Drive Frontage of 16.48m (approx.) and Carolyn grove frontage 25.32m (approx.) the potential abounds for this property!
Stepping inside you'll find a light-filled entry and living room, where large windows frame captivating views of the adjacent River Torrens Linear Park Trail. An additional living space off the living room, provides ample room for relaxation and entertainment. The updated kitchen boasts sleek, modern appliances, including a dishwasher, making meal preparation a joy.
Both bathrooms have been recently updated, with premium tiles used throughout ensuring a luxurious experience at every turn. The double garage has been ingeniously transformed into two separate office spaces, fully carpeted and equipped with individual split system air-conditioners and lighting, offering endless possibilities for remote work, creative pursuits, or as children's playroom/rumpus room or computer gaming room- the opportunities are endless! Both offices have ethernet ports with one office equipped with a telephone line connected to NBN (FTTC), ensuring seamless connectivity for your professional needs.
It's incredibly rare for one home to have such flexibility and be move-in-ready!
Beyond its elegant interior, this home is committed to environmental sustainability and all the expense and hard work has been done ready for you to reap the rewards! A solar system, featuring 2 x 5kw Hybrid Fronius inverters and BYD DC batteries, offers energy independence and peace of mind. A smart WiFi-enabled Rain Bird Watering system automates yard maintenance, while provision for an EV charger streamlines life for electric vehicle owners. All light fittings throughout the property utilise maximum energy efficiency. A detailed feature list will be provided at the inspections.
Outside, the spacious backyard is a haven of tranquility, boasting a large gabled-pergola with light and fans, ideal for alfresco dining and entertaining. An abundance of various fruit trees dot the landscape, complemented by a garden shed for added convenience. Smart lock gates are included for safety and convenience.
Perfectly located opposite the Torrens River Linear Park Trail and River Drive Reserve, this home offers easy access to nature trails and scenic vistas. All within a 5-minute drive, residents can enjoy schooling and amenities such as:
- St Ignatius' College
- Athelstone Primary School,
- Athelstone Shopping Centre
- Max Amber Sportsfield
- Thorn Park Reserve
- Blackhill Conservation Park.
Experience sustainable luxury and a connection to nature at 1 Carolyn Grove-where timeless elegance meets modern convenience.
Features we love:
• Serene location - directly opposite the leafy, green, tree-lined Linear Park
• Corner Block - River Drive Frontage: 16.48m (approx.)/Carolyn grove Frontage: 25.32m (approx.)
• Sustainable elegance in a double brick home
• 4 bedrooms, including a master with En-suite
• Ducted heating and cooling system with zoning control
• Non-toxic coated floorboards throughout
• Light-filled living and dining areas with park views
• Additional living space/theatre room off the lounge-room
• Modern updated kitchen with sleek appliances, including a dishwasher
• Recently updated bathrooms with luxurious ceramic tiles
• Double garage converted into two separate office spaces
• Offices equipped with air-conditioning, lockable Crimsafe windows, carpet floors, lighting, and internet connectivity (ethernet ports professionally installed) - access possible via automated garage door and backyard
• Multi-purpose use for office rooms- home office/rumpus room/kids gaming room/guest rooms OR convert easily back to double garage
• Solar system with 2 x 5kw Hybrid Fronius inverters and BYD DC batteries
• Smart WiFi-enabled Rain Bird Watering system for automated yard maintenance
• Provision for EV charger installation
• Spacious backyard with pergola, light, and fans for outdoor entertaining
• Abundance of established fruit trees and garden shed for added convenience
• Good size backyard grass area for kids and pets yet easy to maintain
• Windows throughout the home equipped with Crimsafe screens and locks.
• Conveniently located near parks, schools, shopping centres, and recreational facilities
• More features to be provided upon inspection
Rates & Fees:
Council: $1820.35 p.a (approx.)
Water: $183.19 per qtr (approx.)
ESL: $157.35 p.a (approx.)
Rental Appraisal: Upon Request
*The Vendor's Statement (Form 1) will be available for perusal by members of the public at the office of the agent at Raine & Horne Unley, 4/215-217 Unley Road, Malvern for at least 3 consecutive business days immediately preceding the auction and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction
*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. 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.
Listing description written by Daniel Tenikoff, Raine & Horne Unley — reproduced as published, not verified by Districts.
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