Burton at a glance
6,640
People
$733,500
Median sale
$532/wk
Median rent
3.77%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
SA › Burton › Lancelot Grove
$515,000
Last sold
5 Aug 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
446 m²
Land
172 m²
Building
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
$515,000
5 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Burton (last 5 years) with land size have a median of $1,167/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Burton at a glance
6,640
People
$733,500
Median sale
$532/wk
Median rent
3.77%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Burton
-29.8%
Median sale
Suburb $733,500
+1.60 pp
Gross yield
Suburb 3.77%
Suburb median $733,500 from 24 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 $532/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
Burton at a glance
6,640
People
$733,500
Median sale
$532/wk
Median rent
3.77%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://my.matterport.com/show/?m=fqD6FkgiRwK
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market this picture-perfect family home. Discover a spacious and flexible layout that can grow with you as your needs change with three-bedrooms, two bathrooms and multiple living spaces.
Arriving at the home you'll find low-maintenance lush lawn and a modern red brick façade. Step inside to discover neutral colour tones, on-trend flooring in the living spaces, plush carpet in the bedrooms and freshly painted throughout.
The owner's suite is nestled at the front of the home, complete with a large walk-in robe and an ensuite with a toilet, shower and vanity. The two guest bedrooms both have built-in robes, the main 3-way bathroom has a bath and a separate toilet adding further convenience for busy households, plus there is a full laundry with external access.
When it comes to living spaces you can take your pick from a separate lounge area where you can relax with a good book in one hand and a glass of wine in the other or step into the open-plan family and meals area which is sure to be the heart of the home. Here the budding chef can cook up a storm in the kitchen with quality appliances including gas cooktop, electric oven, a dishwasher, a breakfast bar and ample storage plus there is also a covered pergola with space for a BBQ so you can entertain in style as the kids play in the large, fenced yard.
The long list of features continues with inclusions such as:
- Split-system air conditioning in rear living area
- Three bedrooms, two bathrooms and two living spaces
- A two-car garage with front automatic roller doors, internal access and rear access to the back yard
- Modern finishes and fixtures makes the home feel fresh and welcoming
- Security doors and an alarm system for your protection and peace of mind
- 1,140L rain water tank with an electric pump
You will love living along this quiet street while still being only moments from a range of amenities. The Doncaster Terrace Reserve and Settlers Park are nearby and you're also close to the Springbank Plaza Shopping Centre, Burton Park Preschool and Burton Primary School. Nature lovers can explore the local Kaurna Park Wetlands and you're within easy reach of the beach.
Call Mike Lao or Tyson Bennett to inspect!
Year Built / 2007 (approx)
Land Size / 446sqm (approx)
Frontage / 15.07m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,649.15pa (approx)
Water Rates (excluding Usage) / $586.60pa (approx)
Es Levy / $120.70pa (approx)
Estimated Rental / $440-$480 per week
Title / Torrens Title
Easements / Nil
Internal Living / 133sqm (approx)
Total Building / 172.2sqm (approx)
Construction / Brick Veneer
Gas / Connected
Sewerage / Mains
Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
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.