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SA › Toorak Gardens › Prescott Tce

10/2D Prescott Tce, Toorak Gardens SA 5065

For saleUnit

$595,000–$645,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $595,000–$645,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $595,000–$645,000(Listing record · 12 Aug 2026)
  • CalculationAsk is 67% below the Toorak Gardens median recorded sale ($1,820,000, n=5, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Toorak Gardens's advertised median rent ($580/wk), implied gross yield would be 5.07% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$595,000–$645,000

Asking range

No recorded sale for this property.

Toorak Gardens at a glance

2,490

People

$1,820,000

Median sale

$580/wk

Median rent

1.66%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Toorak Gardens report →

Vs Toorak Gardens

-67.3%

Median sale

Suburb $1,820,000

+3.41 pp

Gross yield

Suburb 1.66%

Suburb median $1,820,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$595,000
Stamp Duty (South Australia)
$26,555
Transfer/Registration Fee
$6,128
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$631,383

$36,383 on top of the price (6.1% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Toorak Gardens's advertised median rent — not a rent for this listing.

Net yield
3.57%
Annual cashflow (pre-tax)
$-9,705
Interest cover (DSCR)
0.69
Annual rent
$30,160
Operating expenses
$8,925
Loan amount
$476,000
Annual interest
$30,940
Gross yield
5.07%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$595,000–$645,000available12 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $580/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Toorak Gardens in one glance

Toorak Gardens at a glance

2,490

People

$1,820,000

Median sale

$580/wk

Median rent

1.66%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Toorak Gardens report →

Keep researching

  • Why Toorak Gardens? Read the area thesis →
  • What else is on the market in Toorak Gardens →
  • Other records on Prescott Tce →

Listing material

Listed by Harris Real Estate Kent Town

Wonderful Location, Lifestyle & Low-Maintenance Living

Best offer closing 11:00 am, Monday 31st August

Positioned in the leafy and highly sought after suburb of Toorak Gardens, this inviting upstairs corner unit presents an excellent opportunity for first home buyers, downsizers and astute investors seeking a low maintenance lifestyle in Adelaide's eastern suburbs.

Privately positioned within a well maintained group, the residence features two comfortable bedrooms, one bathroom, an updated kitchen and a secure lock up garage. The practical layout combines everyday functionality with the ease of apartment style living, while the secure garaging adds valuable convenience.

Read the full description

Perfectly placed to enjoy the best of the eastern suburbs, you'll have Norwood's vibrant The Parade precinct and Burnside Village within easy reach, offering an impressive selection of cafés, restaurants, boutique shopping, entertainment and essential services.

Families will appreciate access to quality schools, including highly regarded eastern suburbs options, while excellent public transport along Kensington Road and The Parade provides convenient connections to Norwood, Burnside, the CBD and surrounding suburbs.

With lifestyle, accessibility and everyday convenience all within easy reach, this is a fantastic opportunity to secure a foothold in one of Adelaide's most established and desirable residential locations.

Highlights:

• Upstairs two-bedroom unit

• One modern bathroom

• Updated kitchen with dishwasher

• Secure lock-up garage

• Low-maintenance lifestyle

• Freshly painted and floating floors throughout

• Highly sought-after Toorak Gardens location

• Close to Norwood's vibrant The Parade and easy access to Burnside Village

• Excellent public transport options, plus convenient access to Portrush Road, Kensington Road and the CBD

• Surrounded by quality schools, cafés, restaurants, shopping and parklands

• Ideal for first-home buyers, downsizers or investors

An eastern suburbs address where lifestyle and convenience come together, welcome to Toorak Gardens.

Specifications:

CT / 5779/692

Council / Burnside

Zoning / EN

Built / 1959

Council Rates / $1,212.85pa

Emergency Services Levy / $102.45pa

SA Water / $191.85pq

Strata Manager / Self-managed

Strata Rates / $419pq

Estimated rental assessment / $550 - $580 per week / Written rental assessment can be provided upon request

Nearby Schools / Rose Park P.S, Norwood P.S, Marryatville P.S, East Adelaide School, Trinity Gardens School, Marryatville H.S, Glenunga International H.S, Adelaide Botanic H.S, Adelaide H.S, Norwood International H.S

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Listing description written by Paul Alvino, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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