Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

SA › Belair › Penno Parade North

11 Penno Parade North, Belair SA 5052

For saleHouse for Sale

$1,080,000–$1,100,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

3

Car spaces

770 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,080,000–$1,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,080,000–$1,100,000(Listing record · 3 June 2026)
  • CalculationAsk is 11% below the Belair median recorded sale ($1,212,750, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Belair's advertised median rent ($693/wk), implied gross yield would be 3.34% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,080,000–$1,100,000

Asking range · $1,403/m² of land

No recorded sale for this property.

Belair at a glance

4,714

People

$1,212,750

Median sale

$693/wk

Median rent

2.97%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Belair report →

Vs Belair

-10.9%

Median sale

Suburb $1,212,750

+0.37 pp

Gross yield

Suburb 2.97%

Suburb median $1,212,750 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,080,000
Stamp Duty (South Australia)
$53,230
Transfer/Registration Fee
$11,168
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,148,098

$68,098 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Belair's advertised median rent — not a rent for this listing.

Net yield
1.84%
Annual cashflow (pre-tax)
$-36,324
Interest cover (DSCR)
0.35
Annual rent
$36,036
Operating expenses
$16,200
Loan amount
$864,000
Annual interest
$56,160
Gross yield
3.34%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,080,000–$1,100,000available3 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $693/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Belair in one glance

Belair at a glance

4,714

People

$1,212,750

Median sale

$693/wk

Median rent

2.97%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Belair report →

Keep researching

  • Why Belair? Read the area thesis →
  • What else is on the market in Belair →
  • Other records on Penno Parade North →

Listing material

Listed by Ray White Port Adelaide

Expansive Hills Retreat with Premium Finishes & Entertaining

Nestled within the tranquil, tree-lined surrounds of Belair, a rare opportunity to secure a beautifully appointed residence that perfectly balances character, comfort and modern convenience. Set on a generous 770m2 approx allotment, this impressive home offers a private sanctuary with quality finishes throughout, expansive indoor and outdoor living spaces, and exceptional entertaining credentials.

Designed for relaxed family living, the home showcases polished timber floorboards, stunning Victorian-style fireplaces, a luxurious Italian marble bathroom and a well-equipped kitchen featuring premium Miele appliances. Outside, the expansive all-weather decked entertaining area provides the perfect setting to host family and friends in every season, while the secure grounds, double garage and extensive security features offer complete peace of mind.

Property Highlights:

Read the full description

• Secure and private residence featuring electric gates, intercom system, monitored alarm and CCTV security

• Keyless entry for added convenience and modern living

• Premium kitchen equipped with stainless steel Miele appliances and dishwasher

• Elegant Victorian-style fireplace creating warmth and character

• Luxurious bathroom finished with floor-to-ceiling Italian marble tiling

• Beautiful polished timber floorboards throughout

• Split-system air conditioning (3 horsepower) for year-round comfort

• Secure double lock-up garage with automatic roller door

• Expansive all-weather outdoor entertaining area with full decking, perfect for hosting family and friends year-round

• Generous large allotment on 770m2 approx. offering space, privacy and lifestyle flexibility

Belair Location Highlights:

• Positioned directly opposite St John's Grammar School, offering exceptional convenience for families.

• Located within the highly sought-after Belair Triangle, one of the area's most desirable residential pockets.

• Enjoy a short stroll to Banana Boogie Bakery, home to some of Adelaide's most celebrated baked goods.

• Zoned for sought-after Belair Primary School, with quality private education options nearby including St John's Grammar School and Scotch College.

• Moments from Blackwood Shopping Centre, featuring Woolworths, Coles, Drakes Supermarkets, cafés, restaurants, specialty retailers and everyday conveniences.

• Easy access to Blackwood Village and Mitcham Square Shopping Centre, providing a wide range of shopping, dining and essential services.

• Enjoy an active outdoor lifestyle with Belair National Park on your doorstep, offering walking trails, cycling tracks, playgrounds, picnic areas and abundant native wildlife.

• Convenient public transport options including Belair Railway Station and nearby bus services, providing direct access to the Adelaide CBD.

• Close to popular local sporting and recreation facilities including the Belair Community Centre, tennis clubs, ovals and reserves.

• Surrounded by the natural beauty of the Adelaide Hills while remaining only 20 minutes (approx.) from the Adelaide CBD.

• A tightly held, family-friendly suburb renowned for its leafy streets, spacious allotments, strong community atmosphere and exceptional lifestyle appeal.

• Conveniently located moments from the shopping, dining and everyday services of Blackwood while retaining the privacy and tranquillity of a hills setting.

To place an offer on this property, please click the link here - https://portal.reaforms.com.au/purchaser/11-penno-parade-north-belair-sa-5052-aggwxxk06o3o4iocl3uiqaq99

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign. RLA 355014

Property Details:

Council | TBC

Zone | TBC

Land | TBCsqm(Approx.)

House | TBCsqm(Approx.)

Built | TBC

Council Rates | $TBC pa

Water | $TBC pq

ESL | $TBC pa

Listing description written by Nick Psarros, Ray White Port Adelaide — reproduced as published, not verified by Districts.

Also look at

Also for sale in Belair

  • 18 Linfield Ave, Belair SA 5052

    4-bed house. Currently listed.

    For sale
  • 41 Main Rd, Belair SA 5052

    5-bed house. Currently listed.

    For sale
  • 6 Aerial Rd, Belair SA 5052

    4-bed house. Currently listed.

    For sale
  • 16 Hawker Ave, Belair SA 5052

    3-bed house. Asking $960K–$990K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.