Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Somerset Ave
$493,000
Last sold
18 May 2021
3
Bedrooms
2
Bathrooms
4
Car spaces
358 m²
Land
140 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
$493,000
18 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Redwood Park (last 5 years) with land size have a median of $1,116/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Redwood Park
-42.2%
Median sale
Suburb $852,500
+2.74 pp
Gross yield
Suburb 3.76%
Suburb median $852,500 from 16 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 $616/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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smith Partners Real EstateWe are so proud to be presenting such a beautiful home located in a perfect location. With educational, recreational and shopping facilities all within close distance, you simply cannot go wrong!
The master bedroom is located to the front of the home and features carpeting, walk in wardrobe, ensuite and ceiling fan with light. The ensuite has a large window creating an abundance of natural light, great for anyone wanting to perfect their hair or make-up!
This home also has two other bedrooms, both a great size and including carpeted flooring and built-in robes for any storage needs.
Featuring a separate bathtub and shower with glass screen, the main bathroom is a good size and is assisted by a separate toilet.
The heart of this home is the lovely open plan kitchen, dining and lounge area. The kitchen includes amazing features such as walk-in pantry, gas cook top, electric oven, overhead rangehood with light, dishwasher, fridge and microwave provision and double sink. The kitchen also provides ample bench and cupboard space. What more could you ask for? This open plan living area has tiled flooring throughout and creates the ideal space for family and friends to hang out.
Walking outdoors you will be greeted by a fully paved, verandah entertaining area with two built in fans for those hot summer days. The backyard area also has an adequate and low maintenance grass area for any pets. This area is fully fenced, secure and private - you will no doubt host many BBQ's here! There is a double garage and two extra open spaces on the driveway providing ample car spaces.
This 2004 built home will not last long so make sure you get in quick before it is sold!
ENTRY/HALLWAY:
Security screen to front door
Tiled flooring
LIVING & DINING AREA:
Large, open plan area
An abundance of natural lighting
Tiled flooring
KITCHEN:
Walk-in pantry
Gas cooktop
Electric oven
Dishwasher
MASTER BEDROOM:
Carpeted
Walk-in wardrobe
Ensuite with shower
Ceiling fan with light
BEDROOM 2:
Carpeted
Built-in robe
BEDROOM 3:
Carpeted
Built-in robe
BATHROOM/S:
Separate shower and bath
Separate toilet
SECURITY:
Security screens to all external doors
CLIMATE CONTROL:
Ducted reverse cycle heating and cooling
HOT WATER SYSTEM:
Instant gas hot water system
OUTDOOR ENTERTAINING / LANDSCAPING:
Paved entertaining area
Grass area
Side access
Secure and private
Low maintenance
STORAGE:
Walk-in robe
Linen store
Carport with roller door
Built-in robes
POWER, VISION & INTERNET:
NBN Available
Listing description written by Ryan Smith, Smith Partners Real Estate — reproduced as published, not verified by Districts.