Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
SA › Wattle Park › Riesling Cres
$602,000
Last sold
7 May 2017
3
Bedrooms
1
Bathrooms
2
Car spaces
604 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
$602,000
7 May 2017 · derived via latest_sale
Local land rate: recorded House sales in Wattle Park (last 5 years) with land size have a median of $1,842/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Vs Wattle Park
-59.0%
Median sale
Suburb $1,467,500
+3.22 pp
Gross yield
Suburb 2.24%
Suburb median $1,467,500 from 12 recorded sales (last 24 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 $632/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
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownA tantalizing reminder of your location, a stone's throw from Penfolds Magill Estate and saluting the city below, this torrens title home on Riesling Crescent should sit high on your must-see list.
Never mind the short walk to St Peters Girl's school, the exceptional shopping choice in Wattle Park, the peaceful reserve with a playground on your doorstep and the view from your upper level windows, find a double brick home ready to meet the demands of small families and the attention of home renovators alike.
With enhancements completed over a decade by caring owners, there is enough to be happy about inside and out while you consider your own lifestyle additions.
Configured with its 'live-below-sleep-above' layout, every family member is catered for in comfort via the open living and dining room space with fireplace, French doors to the family room and an adjoining storage-filled galley kitchen securing the heart of the home.
Upstairs, three bedrooms offer built-in storage, and to the front, new awnings will deceive early-to-bed youngsters shielding them from the sunsets we love.
A new bathroom boasts a long-for heated towel rail, while air conditioning upstairs and down balances hot summers and cool winters with controllable relief.
Outside appreciate the elevation, the natural surrounds and the solitude delivered on a paved palette of generous outdoor entertaining sheltered by fully established and automatically irrigated gardens. Gather your thoughts while you provide a level playing field of pathways and pockets for little ones to explore...
Add a host of high-calibre schools, equally pleasing shopping at Norwood, Burnside, and Magill with bus links at street's end. Investigate, calculate and renovate just some 7kms from the city. The sky is your limit!
More reasons this home is worth a look:
- Torrens title allotment
- Solid double brick home facing peaceful Branson Reserve
- City & sea views from upper level
- 3 bedrooms with built-ins
- Off-street parking for 3-4 cars
- Monitored security system
- Updated family bathroom with heated towel rails
- Ducted R/C air conditioning
- Shade awnings to front
- Split system R/C air conditioner to family room
- Downstairs WC
- Fully automated irrigation
- Masses of home storage
- Garage with automated roller door
- Direct access from garage through to kitchen
- Access to great shopping, schools & fine dining at Penfolds Magill Estate...
Specifications:
CT / 5422/211
Council / City of Burnside
Zoning / R'R17
Built / 1974
Land / 604m2
Internal / 185m2
Council Rates / $1192.50pa
SA Water / $202.48pq
ES Levy / $301.45pa
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Angelo Nickolas, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.