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SA › Evanston › Elgin Ave

10 Elgin Ave, Evanston SA 5116

House

$365,000

Last sold

8 Mar 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

554 m²

Land

73 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $365,000 (8 Mar 2024).(Recorded sale)
  • CalculationLand 554 m² against a 73 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Evanston (last 5 years) with land size: median $1,067/m² of land (n=71). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$365,000

8 Mar 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Evanston (last 5 years) with land size have a median of $1,067/m² of land (n=71). Districts calculation from recorded sales — not a valuation.

Evanston at a glance

2,775

People

$707,125

Median sale

$538/wk

Median rent

3.96%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Evanston report →

Vs Evanston

-48.4%

Median sale

Suburb $707,125

+3.70 pp

Gross yield

Suburb 3.96%

Suburb median $707,125 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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

202120222024$190k$365k
  • Sold (recorded)
  1. Sold$365,0008 Mar 2024
  2. Listedprice unknowncompleted27 Feb 2024
  3. Listedprice unknowncompleted27 Feb 2024
  4. Sold$190,00011 June 2021
  5. Listedprice unknowncompleted19 May 2021
  6. Listedprice unknowncompleted19 May 2021

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 $538/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

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

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

Evanston in one glance

Evanston at a glance

2,775

People

$707,125

Median sale

$538/wk

Median rent

3.96%

Suburb gross yield

Median sale from 20 recorded sales (last 12 months) — a Districts calculation.

See the full Evanston report →

Keep researching

  • Why Evanston? Read the area thesis →
  • What else is on the market in Evanston →
  • Other records on Elgin Ave →

Listing material

Listed by Edge Realty

Fantastic First Home or Investment Opportunity!

To submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm

Mike Lao and Edge Realty are proud to present to the market 10 Elgin Avenue, your idyllic family home or set-and-forget investment property. Standing proud on an approx 554sqm block, this solid brick abode promises the laid-back lifestyle that most people can only dream of. The property is currently tenanted with a negotiable fixed lease of $260 per week until 28.02.2022 and the option for vacant possession upon application.

The layout has been designed for form and function with two distinct living spaces including the light-filled lounge room set just off the entry. Pine floorboards flow underfoot and bring a sense of warmth to the interior leading through to the open-plan kitchen and meals area.

Read the full description

Imagine long nights spent with loved ones enjoying delicious meals as the home cook shows off their master chef skills in the kitchen. The tiled benchtops and tiled backsplash ensure a low-maintenance appeal plus there's a free-standing Chef gas cooktop and oven and plenty of storage including under-bench and overhead cupboards.

The three bedrooms run along the front of the home and are all generous in size inviting you to kick back and relax. The bathroom has a bath and is attached to the laundry with a separate toilet.

Ample off-street parking space awaits including a 4.6x6.5m attached carport, with a roller door, and a detached 3.3x6.7m shed/workshop in the backyard. There's a rear gazebo for entertaining guests as you admire the peaceful surrounds and take in views over the expansive, fully fenced backyard.

The lucky new owners will also enjoy:

- Ceiling fans in the master and meals area plus air-conditioning in the lounge room

- Plenty of space in the backyard to create the outdoor area of your dreams or add a pool (STCA)

- A good-size, partially-fenced front yard with established gardens and a lawn area

- Diamond mesh security screen doors and the front door is hidden from the street

You can walk from your new home to the nearby Trinity College Gawler, Gawler & District College B-12 and St Brigid's Catholic School. Families will also appreciate living just moments from parks and sporting amenities including Gawler South Oval while bus stops and Evanston train station are within easy reach adding incredible convenience.

Call Mike Lao to inspect!

Year Built / 1965 (approx)

Land Size / 554 sqm (approx)

Frontage / 13.7 m (approx)

Zoning / GN - General Neighbourhood

Local Council / Town of Gawler

Council Rates / TBA

Water Rates (excluding Usage) / $562.20 pa (approx)

Es Levy / $74.40 pa (approx)

Rental / Current fixed lease of $260 per week until 28.02.2022 (negotiable)

Title / Torrens Title

Easements / Subject to Party Wall Rights - See Title

Internal Living / 73.3 sqm (approx)

Total Building / 136.9 sqm (approx)

Edge Realty are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Secure Parking
  • Workshop
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.