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SA › Reynella East › Solero Ave

12 Solero Ave, Reynella East SA 5161

House

$625,000

Last sold

14 Mar 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $625,000 (14 Mar 2024).(Recorded sale)

What could make it worth more?

  • FactZoned General Neighbourhood (GN) under the Planning and Design Code.(Location SA · 1 Sept 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$625,000

14 Mar 2024 · derived via latest_sale

Reynella East at a glance

2,034

People

$857,000

Median sale

$595/wk

Median rent

3.61%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Reynella East report →

Vs Reynella East

-27.1%

Median sale

Suburb $857,000

+1.34 pp

Gross yield

Suburb 3.61%

Suburb median $857,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Planning and Design Code

Zone

General Neighbourhood

GN

Jurisdiction

Onkaparinga

Onkaparinga, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 1463960002

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. Sold$625,00014 Mar 2024
  2. Listedprice unknowncompleted5 Mar 2024
  3. Listedprice unknowncompleted5 Mar 2024

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?

Confidence: low

Zoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 704 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.

What could kill that thesis?

Confidence: low

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. 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 $595/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 704 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.

  • 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?

    Knownmedium

    Official parcel about 704 m² — land size can look like optionality. No 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

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Reynella East in one glance

Reynella East at a glance

2,034

People

$857,000

Median sale

$595/wk

Median rent

3.61%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Reynella East report →

Keep researching

  • Why Reynella East? Read the area thesis →
  • What else is on the market in Reynella East →
  • Other records on Solero Ave →

Listing material

Listed by Teague

Prime Opportunity to Renovate or Redevelop on a Spacious 700sqm Allotment

Nestled on a substantial 700 sqm (approx.) land parcel boasting an impressive 18.28m frontage, this residence presents a compelling opportunity for those with a vision for transformation. Whether you are an enthusiast seeking a renovation project or a discerning investor eyeing redevelopment prospects within the "General Neighbourhood Zoning", this property promises long-term rewards.

Situated in the highly coveted southern suburb of Reynella East, convenience becomes a way of life. The proximity to the Happy Valley supermarket and the Woodcroft Town Centre shopping mall ensures that daily amenities are within easy reach. The property finds itself within the esteemed catchment zone of Reynella East College and Reynella East Preschool, offering an educational advantage for families.

The locale is not only about practicality but also embraces a family-friendly atmosphere, with an abundance of public amenities and parks in close proximity. Ideal for families, this setting fosters a sense of community and outdoor enjoyment.

Read the full description

Originally constructed in 1954, the home embodies a classic charm. Boasting three generously sized bedrooms and a main bathroom with a separate shower and bath, the residence caters to both comfort and functionality. The large front lounge provides a welcoming space, offering delightful views of the front yard, while the dine-in kitchen complements the overall layout.

Now awaiting its next custodian, this property is a canvas ready for your personal touch. A viewing is highly recommended to fully appreciate the potential and possibilities that this residence holds. Seize the chance to breathe new life into this home and unlock its hidden value.

On behalf of Century 21 Central, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek independent advice if they wish to proceed.

RLA 274363

Listing description written by Adam Teague, Teague — reproduced as published, not verified by Districts.

Districts

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

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