Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Pennington › Helen St
3
Bedrooms
1
Bathrooms
1
Car spaces
640 m²
Land
227 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Pennington (last 5 years) with land size have a median of $1,304/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 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 $575/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
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodRoll up your sleeves or get your rent book ready for this original sandstone and red brick quoin fronted character cottage. Located in a wide family friendly, low traffic street and nestled amongst other similar quality homes, the residents offers a unique opportunity to renovate and revitalise or rent out and collect your weekly return while you build capital growth.
The home boasts scattered original character features with 1980s decor flowing through a 6 main room design. Make no mistake, this one needs a full makeover to rejuvenate it back to its original layout and decor.
Opposites attract with 1980s timber panelling, Axminster style carpets and dated interior decor offering a stark contrast to ornate mantel pieces, picture rails, lead light windows and high ceilings with ornate roses and cornices.
The home offers 3 spacious bedrooms, all of double bed proportion, with bedrooms one and to both boasting ceiling fans. A separate living room also offers a ceiling fan plus designer mantelpiece.
A functional galley style kitchen and adjacent large family room/dining will provide a useful everyday casual space while a semi upgraded bathroom and detached laundry with 2nd toilet complete the utilities.
Outdoors offers a pleasant semi-enclosed verandah, a galvanised iron garage, rainwater tank and established lawn and garden beds, flowing across a generous allotment with ample space for any future outdoor improvements.
All located on a traditional 640 allotment (approx), ready to rent & hold or renovate & revitalise.
Briefly:
* Solid brick, sandstone fronted character cottage in need of renovation
* Great opportunity to purchase and upgrade or hold and rent
* Traditional, rectangular allotment of 640m (approx)
* Stylish character features with 1980s dcor
* Character features include ornate mantelpieces, picture rails, lead light windows and high ceilings with ornate roses and cornices
* 1980s upgrades include timber panelling, Axminster style carpets and foam ceilings
* 3 spacious double sized bedrooms
* Bedrooms 1 & 2 with ceiling fans
* Generous living room with mantelpiece and ceiling fan
* Galley style kitchen with family/dining adjacent
* Functional wet areas with easy access bathroom and detached laundry
* Pleasant semi-enclosed verandah/sunroom
* Single drive-through carport with roller door
* Single galvanised iron garage
* 2 x rainwater tanks
* Large back yard with established lawn, gardens and tool shed / workshop
Local schools include Pennington Primary, (a short walk away), Mt Carmel College and Woodville Primary, Woodville Gardens School and Woodville High. The Athol Park Child Care Centre and the Emali Early Learning Centre are close by, perfect for the younger family.
Pennington Reserve & Robert Haigh Reserve are both within walking distance, perfect for your daily exercise and recreation. A diverse shopping experience is available on Hanson Road and public transport to and from the city is available on Addison Road, with Arndale, Port Adelaide and Westfield West Lakes Entertainment & Shopping Centres, all within easy reach.
Be sure to inspect.
Ray White Norwood 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 will be required at this open inspection.
Property Details:
Council |Charles Sturt
Zone |RC - Residential Character71 - Pre World War One
Land | 640sqm (Approx.)
House |227sqm (Approx.)
Built |1921
Council Rates | TBC
Water | TBC
ESL | TBC
Listing description written by Ryan Stapleton, Ray White Norwood — reproduced as published, not verified by Districts.