Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Forestville › First Ave
$843,000
Last sold
13 Feb 2016
3
Bedrooms
1
Bathrooms
3
Car spaces
919 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
$843,000
13 Feb 2016 · derived via latest_sale
Local land rate: recorded House sales in Forestville (last 5 years) with land size have a median of $2,570/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Forestville
-51.5%
Median sale
Suburb $1,738,850
+1.74 pp
Gross yield
Suburb 1.63%
Suburb median $1,738,850 from 8 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 $546/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
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownAuction 10am on the 13th of February (unless sold prior)
This charming 1920's return-verandah bungalow displays immense street appeal situated in one of Adelaide's most prestigious and tightly held suburbs. Set on a generous 919sqm block, providing a desired family lifestyle only a short stroll to the thriving cafes and restaurants of Goodwood Road.
Upon entering you will be greeted by classic ornate features, polished timber floorboards, high ceilings and wide hallways complemented by a flow of natural light. Leading into the formal dining room these lovely period features continue with an original fire place and chandelier. Moving through the home you will find three double bedrooms all with polished floor boards, built in robes and plenty of storage space.
A contemporary kitchen with gas cooking, quality appliances and plenty of cupboard space over looks the dining area which leads into the large family living space perfect for a comfortable night in with the family.
Leaving the best to last is the gorgeous rear yard which is an entertaining space in its own right. Compromising of an undercover patio, large salt water pool surrounded by palm trees and a gazebo over looking the pool with your very own bar, perfect for entertaining family and friends on those warm summer days.
This is a rare opportunity to gain an affordable foothold into one of Adelaide's favourite suburbs while enjoying life in a comfortable, character laden family home.
More reasons why we love this home:
Ducted Air-conditioning installed in 2014
Ducted Gas heating installed in 2015
Safe & secure with quality alarm system and security cameras around perimeter
Second toilet off the hallway.
Auto sprinkler system allowing for easy maintenance
Situated in the desirable Adelaide High school zone with other great schools near by including Goodwood & Black Forest Primary School
The beautiful Forestville Reserve, with swimming pool, skate park and plenty of open green space, is just around the corner.
Popular shops, cafes & restaurants within walking distance.
Variety of public transport options available: hop on a bus or tram for a short trip into town, Glenelg beach or even Flinders University.
The vendor's statement may be inspected at 666 Anzac Highway Glenelg North for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Specifications:
CT / 5158/918
Council / City of Unley
Zone / RS(BF)'S(BF)9.2
Built / 1925
Land / 919m2
Internal / 162m2
Frontage / 18.29m
Council Rates / $1,800pa
SA Water / $450pq
ES Levy / $340pa
Listing description written by Simon Noakes, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.