Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
SA › Hope Valley › Lower North East Rd
$950,000
Last sold
17 Dec 2024
3
Bedrooms
2
Bathrooms
3
Car spaces
995 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
$950,000
17 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Hope Valley (last 5 years) with land size have a median of $1,412/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Hope Valley
+5.4%
Median sale
Suburb $901,000
-0.17 pp
Gross yield
Suburb 3.28%
Suburb median $901,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $568/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
UnknownNearby 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.
Nearby
Area
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Turner Real Estate AdelaideIntroducing a Cherished, Traditional, Urban Sanctuary built in 1910 on a superior sized parcel of 995 sqm (approx.) – offering a rich past with a rewarding future!
1229 Lower North East Road was one of the first homes built in the area which makes it a very unique and rare piece of Real Estate. It has witnessed over a century of life, love, and laughter. A property that has evolved gracefully over the years, yet it stands as proud today as it did over one hundred years ago.
Boasting a historic stone façade, solid stone walls, soaring ceilings, and original stain glass to the entrance of the home. The home is filled with natural light, character, and soul – a home that provides generous proportions, and is nestled in an enviably private location of Hope Valley.
Timeless colour schemes, freshly painted throughout, new carpets, ceiling roses and plenty of light and sunshine enter through the abundance of windows whilst also providing views of the 'Picture Perfect' exquisite gardens which envelope the home.
The rear of the property is home to a deck above round, sparkling pool whose glistening water offers a cool reprieve on hot summer days and is surrounded by lush greenery and true nature. Soak in the invigorating air that will have you relaxing and rejuvenating in your own oasis sitting under the undercover entertaining area overlooking the backyard.
What we love about this Property:
- Three generous Bedrooms / Master to the rear of the home with built in robes and split system reverse cycle air conditioner
- Substantial Ensuite with double sized shower
- Bedroom two with split system reverse cycle air conditioner and Bedroom three with ceiling fan
- A stately sized lounge with combustion heater and split system reverse cycle air conditioner
- Formal dining room
- A stylish modern kitchen with a country vibe, ample bench and cupboard space, dishwasher and historic 'Metters' cast iron stove
- Plenty of space for casual meals area
- Main Bathroom with bathtub, vintage pedestal basin and original Terrazzo floors
- A sizable separate Laundry
- Valuable second separate Toilet
- Linen Closets
- Freshly painted throughout
- New carpets
- Ceiling roses feature through the home
- Free standing stone double garage with auto roller door and rear drive through garage / off road parking for up to four cars
- Freestanding second iron garage / workshop
- Sparking pool surrounded by Merbau decking
- Undercover entertaining area which overlooks the pool
- Established gardens and lush green lawn
Situated near Westfield Tea Tree Plaza, St. Agnes Shopping Centre both offering a variety of retailers, supermarkets, cafes, restaurants, cinemas making retail therapy and entertainment simple. Popular Hotels of the area: The Fox and Firkin, The Highbury Hotel, The Tea Tree Gully Hotel and the Bremen Hotel in Hope Valley. The Turramurra Sports Centre and Newman's Nursery.
Public transport options are accessible with the O-Bahn connecting you to the CBD and surrounding areas. The well-regarded Modbury Hospital and many Medical Centres are also easily accessible. Modbury High School, Banksia Park International, St. Paul's College, Kildare College, Gleeson College, Highbury Primary and Preschool are a few quality educational options.
CT / 5166 / 311
Year built / 1910
Equivalent Building Area / 142 sqm (approx.)
Land Size / 995 sqm (approx.)
Council / City of Tea Tree Gully
Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639
Listing description written by AnnaMaria Varelias, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.