Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Pennington › Alderman Ave
$710,000
Last sold
25 Oct 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
215 m²
Building
Districts View
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
$710,000
25 Oct 2025 · derived via latest_sale
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Pennington
-26.0%
Median sale
Suburb $960,000
+1.10 pp
Gross yield
Suburb 3.11%
Suburb median $960,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Charles Sturt
Charles Sturt, SA
25020360
Demolition of 4 Semi-Detached Dwellings (Representative Buildings) and Construction of 4 Semi-Detached and 4 Group Dwellings with associated fencing
Under Assessment · Lodged 17 July 2025
Council site reportSource
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
SAZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 351 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 1 development application on this parcel. Code Assessed - Performance Assessed (Under Assessment) Latest lodgement recorded 2025-07-17. These are this lot’s applications, not the neighbourhood pipeline. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $575/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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 351 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Area
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Property PeopleAuction this Saturday 25th Ocotber at 10.30am. Register from 10am. Best value property in Pennington. Whether you're looking for your first investment property or first home, here is the ideal opportunity to enter the market in an affordable price range. This 1990's built home is set on a manageable 350sqm allotment with a decent 14m frontage and dual driveways for multi vehicle parking. There is plenty of accommodation here with its flexible floorplan, with 3 bedrooms towards the front of the home, a central main bathroom, and further back, the kitchen adjacent a generous dining area with sliding doors leading out to the rear decking, plus a large separate living room. A detached addition is the perfect rumpus room or teenage retreat and includes its own ensuite bathroom. There is also a full width rear verandah with timber decking .
Situated in this quiet location yet still handy to transport routes, local shops and schools and major shopping precincts at Arndale, Port Adelaide and West Lakes.
Features to enjoy
• 3 bedrooms
• Spacious kitchen
• Generous dining room
• Large living room
• Detached addition, ideal as rumpus or teenage retreat ( inc. ensuite)
• 2 toilets & 2 showers
• Ducted cooling
• Dual driveways
• Wide carport with roller door
• Torrens titled allotment 14x25m ( 350sqm)
• Built 1991
• Handy to local shops
• Numerous private and public schools nearby
• Short drive to major shopping precincts
Auction on Saturday 25 October at 10.30am, on site. Register on the day from 10am.
The Vendor's Statement may be inspected at Harcourts office at 685 Port Road, Woodville Park for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by George Kouzionis, Harcourts Property People — reproduced as published, not verified by Districts.
Nearby development pipeline
Nearby 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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
Knownmedium1 development application on this parcel. Code Assessed - Performance Assessed (Under Assessment) Latest lodgement recorded 2025-07-17. These are this lot’s applications, not the neighbourhood pipeline.
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.