Salisbury Downs at a glance
6,395
People
$771,500
Median sale
$524/wk
Median rent
3.53%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
SA › Salisbury Downs › Spains Rd
$355,000
Last sold
22 Aug 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
372 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
$355,000
22 Aug 2024 · derived via latest_sale
Salisbury Downs at a glance
6,395
People
$771,500
Median sale
$524/wk
Median rent
3.53%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Salisbury Downs
-54.0%
Median sale
Suburb $771,500
+4.15 pp
Gross yield
Suburb 3.53%
Suburb median $771,500 from 33 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 $524/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Salisbury Downs at a glance
6,395
People
$771,500
Median sale
$524/wk
Median rent
3.53%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge RealtyTo submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Advertised price is per block.
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market an unmissable opportunity to secure one or two blocks of prime property located at 180 and 180a Spains Road, Salisbury Downs. Eligible buyers can benefit from the $15,000 First Home Owners Grant and Stamp Duty First Home Buyer Relief, making this an unmissable chance for first-time homeowners to take that significant step onto the property ladder.
Unleash your creativity on one or both of these generous 372sqm (approx.) blocks. With a 9.90m frontage, these lands offer blank canvases for your dream home. Whether you're imagining a spacious family sanctuary, a chic urban oasis, or a sophisticated modern abode, the dimensions of these blocks provide ample space to turn your vision into reality. This is an exceptional opportunity to build your ideal property or a sound investment for the future.
Secure your slice of Salisbury Downs today. Whether you're building a family haven, taking your first step onto the property ladder, or seeking a smart investment, 108 or 108A Spains Road offers endless possibilities. Don't miss out on this prime opportunity to create your dream home or build a strong property portfolio. Enquire now and start your property journey.
Enjoy the best of both worlds in this prime Salisbury Downs location. Appreciate the convenience of nearby shopping options, with Hollywood Plaza and Parabanks Shopping Centre offering a wide range of retail, dining, and entertainment choices. Families will love the proximity to education facilities such as Nido Early School, Salisbury Downs Primary School, The Pines Primary School, and Thomas More College. For leisure and recreation, the Salisbury West Sports Club and Playground, Woodfield Drive Reserve and Playground, and Little Para Linear Park provide ample opportunities to stay active and enjoy the outdoors.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Land Size / 372sqm (approx)
Frontage / 9.90m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Salisbury
Council Rates / TBA
Water Rates (excluding Usage) / TBA
Es Levy / TBA
Title / Torrens Title
Easement(s) / TBA
Encumbrance(s) / TBA
The land is to be cleared approximately on the 4th of September 2024.
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/OanVMB
Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/
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.