Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
SA › Edwardstown › Karong Ave
$1,480,000
Last sold
28 May 2025
4
Bedrooms
3
Bathrooms
4
Car spaces
730 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
$1,480,000
28 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Edwardstown (last 5 years) with land size have a median of $1,737/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Edwardstown
+44.0%
Median sale
Suburb $1,027,500
-0.90 pp
Gross yield
Suburb 2.93%
Suburb median $1,027,500 from 27 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 $578/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
Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgNow available on the market is this potential-filled home situated on a generous 750m2 (approx.) allotment. Whether you are looking to develop or renovate, this home will be sure to suit an array of different buyers.
One of the two bedrooms features a ceiling fan and AC, while the other boasts a built-in robe. The character bathroom is complete with a bath tub and separate shower.
Daily living centres in the eat-in kitchen with abundant bench and cupboard space, while the good-sized lounge and dining areas promise ample room to entertain.
Step out to the back and you'll find a sun-filled entertaining area, outdoor kitchen and separate rumpus room with a BBQ. Enjoy ample driveway and carport parking, plus multiple sheds and store rooms providing plenty of storage and space to work on your projects.
Family-friendly Edwardstown is an inner southern-city suburb with huge potential for growth in the near future due to its location. It's close to excellent public transport with links to Adelaide CBD or Flinders University or just a 15 minute drive to the city, airport and Adelaide's best beaches.
Relish this property as is, bring your personal touches or redevelop to add new features (STCC) - great possibilities await!
Features:
Key Features:
• Generous 750 sqm (approx.) allotment
• Opportunity to renovate, develop and extend
• Well-equipped kitchen with ample potential
• Spacious master bedroom with a ceiling fan
• Second bedroom with built-in robe
• Outdoor kitchen
• Separate rumpus room with BBQ
• Multiple sheds and store rooms
• Close to all convenient amenities
• Short drive from both Glenelg Beach and the CBD
Auction: Saturday, 1st April at 10:00 am (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.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at 742 Anzac Highway, Glenelg, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
Listing description written by Rod Smitheram, Ray White Glenelg — reproduced as published, not verified by Districts.