Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Northfield › Neville St
$744,500
Last sold
17 Feb 2024
3
Bedrooms
1
Bathrooms
6
Car spaces
700 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
$744,500
17 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Northfield (last 5 years) with land size have a median of $1,813/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Northfield
-19.6%
Median sale
Suburb $926,250
+0.90 pp
Gross yield
Suburb 3.71%
Suburb median $926,250 from 26 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 $660/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
Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Keeping It RealtyChristine Holowiecki and Harsh Bawa of Keeping It Realty are proud to present this 1965 home nestled on approx. *700sqm of prime real estate, which beckons to those with a discerning eye for renovation or redevelopment (STCC). Stepping through the front door, you are greeted by a versatile enclosed space, perfect for a home office or an additional bedroom, setting the stage for the myriad possibilities this property holds.
Inside, the spacious living and dining room seamlessly unfolds, adorned with floorboards and complemented by a heater and A/C wall unit, ensuring comfort throughout the seasons. The well-appointed kitchen invites culinary exploration, featuring a gas cooktop, oven, sink, and dishwasher - a canvas awaiting your personal touch.
Journeying down the hall reveals a thoughtfully designed layout with a laundry providing external access to the rear, a main bathroom featuring a bath, shower, and vanity, a separate toilet, and two bedrooms. The master bedroom is adorned with built-in robes, while the second bedroom offers ample hanging rods, which could easily be converted into an enclosed wardrobe.
Venturing outdoors, an entertainer's delight awaits under the covered area, accompanied by an additional room that could serve as a studio or a teenage retreat. The rear of the property unfolds into a charming oasis with lush grass, veggie patches, fruit trees, a chook shed, a small garden shed, rainwater tank, and a double garage - a haven for those with green thumbs or a desire for outdoor serenity.
Parking is a breeze with a generous driveway offering space for at least three additional cars off the street, and room for a boat or caravan. The property, with its abundance of features and potential, is a golden opportunity for the astute buyer. Conveniently located within a short stroll to LJ Lewis Reserve Dog Park, Roma Mitchell Secondary College, and multiple transport routes, the Adelaide CBD is just *10.8km away - making this an ideal home for those seeking both tranquillity and accessibility.
Investors, please take note that this property is projected to yield a rental income ranging from $480 - $530 per week.
Seize the moment, unlock the potential, and make this property your own. Don't miss out on this exceptional buying opportunity that awaits your creative touch and vision.
*=approximately
For further information about this listing, please contact: Christine Holowiecki on 0422 399 943 or Michael Holowiecki on 0404 833 919.
Auction to be held onsite on Saturday 17th February 2024 at 2:30pm (unless sold prior).
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
The vendor's statement (Form 1) will be available for perusal by members of the public-
(A) at least 3 consecutive business days, immediately preceding the auction; and
(B) at the place at which the auction is to be conducted, for at least 30 minutes immediately before the auction commences.
*If a land size is quoted it is an approximation only. You must make your own inquiries as to this figures accuracy. Keeping It Realty does not guarantee the accuracy of these measurements. All development inquiries and site requirements should be directed to the local govt. authority.
*Purchasers should conduct their own due diligence and any information and floorplan measurements provided here is a guide and should not be relied upon.
Note: when making a property enquiry please ensure that you provide a daytime phone number so that we can respond to you promptly.
Follow Keeping It Realty on Facebook (@keepingitrealtyadelaide) and be the first to know about property updates and off-market listings. Have access to other great market and agency content as well as updates on recent sales.
Whilst we try to ensure accuracy of the information provided, no liability for any error or omission in this advertisement is accepted by the agent or the vendor. It is not intended that prospective purchasers would rely exclusively on this advertisement or any other information provided by 3rd parties to confirm the details of the property or land listed. Confirmation of property or land details should be sourced via direct enquiry to the agent or through review of the completed Form 1 Vendor Statement which contains the Certificate of Title and local government details.
RLA # 268816
Listing description written by Christine Holowiecki, Keeping It Realty — reproduced as published, not verified by Districts.