Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › Gilberton › Mersey Street Off Park Tce
$550,000
Last sold
21 Dec 2018
3
Bedrooms
2
Bathrooms
1
Car spaces
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
$550,000
21 Dec 2018 · derived via latest_sale
Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gilberton
-14.8%
Median sale
Suburb $645,750
+0.90 pp
Gross yield
Suburb 5.15%
Suburb median $645,750 from 7 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 $640/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
Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts CollectiveWalk to Work, North Adelaide or the Parklands.
This contemporary two level apartment is the ultimate low maintenance 'lock up and leave' property. The crisp white interiors, soaring ceilings and beams of sunshine shooting through the many windows, all combine to create a light, bright and expansive feel, while the gorgeous timber floors and stairs and carpeted bedrooms ensure a feeling of warmth isn't lost. This highly regarded development on the banks of the river Torrens, rarely seen in our City of Churches, is certainly angelic while the City fringe river side location in just heavenly.
Enticing Interiors ...
- secure intercom entry foyer
- lift or stair access to the second floor
- there's a wow factor as soon as you open the front door to this two level stunner
- open plan living and dining space with feature timber and glass balustrade staircase
- Caesarstone tops to the kitchen with Blanco appliances and mirrored splash backs
- two lower level bedrooms, both with built in robes
- stunning lower level bathroom / laundry showing clever design to create a large beautiful space
- balcony access well connected to the living room
- upper mezzanine floor is purely dedicated to the master bedroom with a big walk in robe, sleeping quarters and beautiful ensuite bathroom
- split system reverse cycle air conditioning to both levels
The Great Outdoors ...
- allocated carport right next to the intercom entry foyer
- the East facing balcony basks in morning sun and is a lovely spot to sit and relax
- gorgeous landscaping enhance this community while artisan inspired seating and lane way gardens are lovely by day and so pretty at night
- a number of visitor parks are available while Park Terrace street parking underneath those iconic Moreton Bay Fig trees are currently being paved and refurbished by local council
Location, location, location ...
- if you don't have a car, you can either catch a bus into the City centre, walk or ride a bike
- you're on the doorstep of Melbourne Street with its cosmopolitan shopping and a caf culture
- North Adelaide isn't too far either and nor is the selection of Rundle Street eateries and soon to be operating North Terrace tram
- no more car parking hassles as you walk to Adelaide Oval
- the City centre is only a 5 minute drive away and maybe a 20 minute walk where you could cut through the Parklands that circle our City and make Adelaide City so unique
- Walkerville Village, North Adelaide's O'Connell Street and the Norwood Parade could all become your grocery shopping locals
- blue chip premiere suburb is tightly held and very popular when the rare buying opportunity presents
Helpful info ... all approximate
C/T Reference - 6167 / 376
Council - Walkerville
Built - 2015
Zoning - R
Council Rates - $1,294.00 pa
SA Water/Sewer - $201.49 + usage pq
ESLevy - $297.20 pa
Strata Rates - $1,020.00 pq includes sinking fund and lift admin costs
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at Harcourts Brock Estates office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Alexander Zadow, Harcourts Collective — reproduced as published, not verified by Districts.
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