Henley Beach at a glance
7,063
People
$1,600,000
Median sale
$620/wk
Median rent
2.02%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Henley Beach › Reedie St
$2,520,000
Last sold
9 Nov 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
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
$2,520,000
9 Nov 2024 · derived via latest_sale
Henley Beach at a glance
7,063
People
$1,600,000
Median sale
$620/wk
Median rent
2.02%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Henley Beach
+57.5%
Median sale
Suburb $1,600,000
-0.74 pp
Gross yield
Suburb 2.02%
Suburb median $1,600,000 from 14 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
Henley Beach at a glance
7,063
People
$1,600,000
Median sale
$620/wk
Median rent
2.02%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant NorwoodAuction Saturday the 09/11/2024 at 10am (Unless Sold Prior)
The original owner was well known in the area as a Builder. He was also the Mayor, an Alderman & Councillor for the Henley & Grange Council for many years.
The most recent owner (the daughter of the original owner) moved into this home when she was just 9 years old. She met her husband at a dance at Henley Square, and they were married at Henley Beach. They had their Reception on the seafront at Henley Beach and continued to live at Henley Beach for the rest of their lives, where they brought up their family.
The most recent owners were members of many volunteer groups over the years, including the SA Sea Rescue Squadron. In fact, the last Squadron Boat was named the Allen Phillips, after him, and recognising his 50 years of service.
It is evident that this has been a much loved family home. At different times, this home has housed multi generations of the same family, with internal modifications such as a separate mini-apartment offering convenience in the past, and possibilities for the future.
Inside the home, one feels a grand sense of occasion once inside, with the double entrance doors leading to a formal parlour/sitting room, with its feature fireplace (these days just for decorative purposes), and other luxurious touches including wooden plate rack shelving and Jarrah floorboards. The original glass doors still form a partition between the two formal rooms. The ceilings have ornamental features, showing once again how proud the owners were of their home.
The master bedroom enjoys views to the front garden, and is of pleasing proportions, along with another room ideal as another living area or bedroom, a spacious light filled kitchen, and another bedroom, all of which are serviced by a spacious and predominantly original bathroom. There is a separate laundry and long sunroom space, designed to engulf the morning sun. A nearly self contained apartment (just sharing the second bathroom), offers a good sized bedroom and a second room and kitchenette, and with a bit of updating, could be ideal for multi generational living.
As summer draws closer, a leisurely walk just across the other side of Military Road will see you at the "private, secret beach" (due to the fact that it's a no through road).
So much opportunity, so many possibilities, at this family haven in beautiful Henley Beach.
More to adore:
-Secured garaging with roller door from Military Road
-Plenty of shedding/workshop opportunities for the Man Cave or She Shed
-Plethora of options ranging from owner occupier, or Developer/Investor (stcc)
-Perfect proximity to Henley Beach, and just a few minutes' walk to Henley Square
-The original Hills Hoist in the backyard, another throwback to a bygone era
Specifications:
C/T: 5782/888.
LGA: CHARLES STURT.
Zoning: GN.
Land Size: 1032.0 m2.
Build Size: 205 m2.
Built: 1946.
Listing description written by Elesa Wood, Barry Plant Norwood — reproduced as published, not verified by Districts.