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 › King St
3
Bedrooms
1
Bathrooms
2
Car spaces
743 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Pennington (last 5 years) with land size have a median of $1,304/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
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.
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 $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.
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
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 Ray White Port AdelaideNick Psarros & Kirsten Shulver from Ray White Port Adelaide/Largs Bay are pleased to present to the market this outstanding opportunity to secure a solid brick home situated in the ever popular family friendly suburb of Pennington. Standing tall since its establishment in 1964 and boasting period features such as; soaring ceilings, decorative ceiling roses & cornices and those heavily desired oversized bedrooms - 12 King is completely move-in ready all whilst presenting a perfect blank canvas to place your own personal stamp.
From the moment you enter, be greeted by a wide central hallway, original features and a functional floorplan. Thoughtfully and solidly designed, this well loved home has only changed hands twice over the past 58 years...
Offering a comfortable 743m2 approx land holding and a huge internal footprint of 248m2 approx providing plenty of room to move for the growing family or those who love to entertain. Speaking of entertaining, be delighted by the expansive rear undercover deck that is sure to host the most memorable of occasions with those closest to you. Better yet, the rear yard is absolutely sublime for children and pets to play.
MORE TO LOVE:
*Secure roller shutters
*Single lock up garage
*Master bedroom with ceiling fan & air-conditioning unit
*Formal lounge with gas heating and wall air-conditioning unit
*Original terrazzo bathroom with tub, basin and stand in shower
*Second and third bedrooms great size
*Dining area adjacent to large kitchen area with a plethora of cabinetry, gas cooking & Bosch dishwasher
*Sunroom with terrazzo flooring
*Large laundry & separate toilet
*Expansive rear deck with pitched pergola - newly constructed
*New instantaneous hot water system
*Shed area that has been stripped ready for construction
Located in the highly sought-after suburb of Pennington sited just moments to historic Port Adelaide with a plethora of pubs, restaurants, The Port Adelaide Plaza with plenty of retail shopping options as well as being minutes to the newly constructed Hendon Shopping Precinct, minutes to West Lakes Westfield Shopping Centre, a short drive to cosmopolitan seaside Semaphore and primely located close to local shops, schools, and public transport. With so much to offer, this property is sure to impress and won't last long. Don't miss your chance to secure this fantastic home - contact us today to arrange an inspection!
Pennington is situated in the western suburbs of Adelaide and is located 12km north-west of Adelaide's central business district (CBD). Local schools include Mount Carmel College and Our Lady of Mount Carmel Parish School. Attractions nearby include the Award Winning Vietnam Restaurant and Viet Next Door restaurant, the Rosewater Football Club, Rosewater Bowling Club, fantastic parks & walking trails. Amenities include, Alberton IGA, Discount Pharmacy, Fish & Chip Shops, Rosewater Foodland, Grand Health Medical Clinic and many more. Minutes to the St Clair Shopping Complex boasts a variety of shops: Coles Supermarket; Liquorland; specialty shops, Michel's Patisserie; St Clair Chicken and Seafoods; Dhana Latchmi Indian Restaurant; Wok in a Box; Bakers Delight; Amcal Pharmacy; Sushi Train; Uniq Nails and Beauty; St Clair Newsagency; Hair Salon and Flight Centre, all this for your convenience.
***Regarding price. The property is being offered to the market by way of Auction. The vendors are not releasing a price guide to the market. The agent is not able to guide or influence the market in terms of price instead providing recent sales data for the area which is available upon request via email or at the open inspection***
"The vendor statement may be inspected at 129 Port Road, Queenstown for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts."
To place an offer on this property, please complete this Letter of Offer form https://forms.gle/WehvGVwwpn7gUvjQ7
Specifications:
CT / 5770/805
Council / Charles Sturt
Zoning / GN - General Neighbourhood
Built / 1964
Land / 743m2
Council Rates / $1,245.85pa
SA Water / $161.70pq
ES Levy / $136.15pa
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Nick Psarros, Ray White Port Adelaide — 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.