Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
2
Bedrooms
1
Bathrooms
0
Car spaces
895 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Vale Park (last 5 years) with land size have a median of $1,955/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 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 $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodExquisitely located on a massive, rectangular, corner allotment of 895m² nestled in the heart of the prestigious Vale Park, sits this original sandstone and red brick residence, now ready to enter its next urban evolutionary phase.
The home is in outstanding original condition and features 5 main rooms. Original character features include art deco style ceiling roses, cornices and mantles, high skirtings and some of the original carpets. The original bathroom and kitchen are preserved and offer excellent examples of mid century decor.
However the real value here is in the land, with a large rectangle allotment boasting a 2 street frontage totalling over 60m and a net area of approximately 895m².
Experienced and seasoned developers will find this rare offering an appealing and lucrative proposition. Current lenient council regulations will allow several new residences to be constructed on the site, similar to neighbouring developments. (Interested parties need to make their own independent enquiries).
Be prompt to act, as this is truly a very rare release in a highly valued area.
Briefly:
* Original sandstone and red brick residence on large corner block
* Allotment size of approximately 895m²
* Potential to subdivide and build several homes (STCC)
* Great location close to all amenities
* Existing home in outstanding original condition
* Original character features include art deco style ceiling roses, cornices and mantles & high skirtings
* Original kitchen cabinetry and art deco bathroom layout
* Land with 2 street frontage of over 60m
* Great opportunity for seasoned developers
* Desirable East- West aspect
Centrally located with local public transport within walking distance. Marden, Greenacres & Walkerville Shopping Centres are within easy reach and the popular shopping precinct of North Adelaide and Melbourne Street is only minutes away boasting cinemas, restaurants and cafes.
Abundant local parks and playgrounds, include the River Torrens Linear Reserve & Landsdowne Reserve, the perfect places for daily exercise or your general recreation.
The zoned primary school is Vale Park Primary School, while the zoned high schools are Norwood Morialta Middle & Senior School Campuses. Quality private education can be found locally at St Andrews, St Monikas, St Josephs, Wilderness School & Marden Senior College. Zoning information is obtained from www.education.sa.gov.au purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | Walkerville
Zone | TBC
Land | 895sqm(Approx.)
House | TBCsqm(Approx.)
Built | TBC
Council Rates | $ pa
Water | $220.29 pq
ESL | $451.40 pa
Listing description written by Brandon Pilgrim, Ray White Norwood — reproduced as published, not verified by Districts.
Nearby 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.