Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Millswood › Cranbrook Ave
$1,650,000–$1,750,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
6
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
Asking
$1,650,000–$1,750,000
Asking range
No recorded sale for this property.
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Millswood
-22.9%
Median sale
Suburb $2,140,000
+0.39 pp
Gross yield
Suburb 1.33%
Suburb median $2,140,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$105,433 on top of the price (6.4% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Millswood's advertised median rent — not a rent for this listing.
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.
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 $546/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.
Gross yield if leased at the suburb aggregate is 1.7%. 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
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
UnknownArea
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Real Estate GroupRLA 252 299
Set on an impressive allotment of approximately 836m² with a generous 18.29m frontage, this character bungalow presents an increasingly rare opportunity in one of Adelaide's most tightly held and sought-after inner-southern suburbs.
Comfortable and much loved over many years, the home retains the charm, character and individuality of its era while offering its next owner exciting scope to enhance, renovate and create something special over time.
Currently disposed as two bedrooms with a separate dining room, the flexible floorplan readily lends itself to three-bedroom accommodation if preferred. Generous living spaces are complemented by a light-filled north-facing sunroom, while the kitchen includes a useful walk-in pantry.
The wonderfully individual garden has evolved over many years with established plantings, low brick walls, secluded sitting areas and charming corners to discover. To the rear, a substantial detached studio provides additional flexibility, complemented by a separate garage and various storage areas.
Adding further appeal is the rare dual driveway access, with long carports on either side of the home providing excellent off-street parking and flexibility that is particularly valuable on an allotment of this size.
The home has benefited from improvements over the years, including a more recent roof, while still providing considerable opportunity for its next owner to make their own changes and improvements. For some, the appeal will be in embracing the character and individuality already here; for others, it may be the opportunity to undertake a more substantial renovation and transformation while retaining the home's important character elements.
And then there is Millswood itself.
Only minutes from the Adelaide CBD and within easy reach of excellent shopping, cafes, transport and highly regarded schools, Millswood remains prized for its leafy established streets, beautiful character homes and exceptional inner-suburban convenience.
Whether the attraction is the existing bungalow and its renovation potential, the opportunity to create a substantial family home, or simply securing a generous sized block in this tightly held location, 12 Cranbrook Avenue represents an increasingly rare Millswood opportunity.
Property Highlights
• Approximately 836m² of land
• Generous 18.29m frontage
• Character bungalow dating from circa 1925
• Flexible two or three-bedroom floorplan
• Generous living and dining spaces
• Light-filled north-facing sunroom
• Kitchen with walk-in pantry
• Rare dual driveway access
• Two long carports providing excellent off-street parking
• Substantial detached studio approximately 11.2m x 4.2m
• Separate garage and additional storage
• Wonderfully individual and established garden
• More recent roof
• Significant scope to renovate, enhance and add value
• Highly sought-after Millswood location
• Zoned for Glenunga International High School
• Zoned Established Neighbourhood in Unley Council
• Easy access to the CBD, shopping, cafés and transport
All measurements and land areas are approximate. Any proposed alterations or additions are subject to the necessary statutory consents and approvals.
Please call agent for open time.
Annual Fees
• Council Rates: $2,781.40pa
• SA Water: $1,315.64 pa + usage
• ESL: $114.50
Listing description written by Paul McGrath, McGrath Real Estate Group — reproduced as published, not verified by Districts.
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?
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.