Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
SA › Wattle Park › Penfold Rd
3
Bedrooms
2
Bathrooms
2
Car spaces
437 m²
Land
276 m²
Building
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 Wattle Park (last 5 years) with land size have a median of $1,842/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 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 $632/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.
Area
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Ray White BurnsideA street-front stunner on this iconic tree-lined thoroughfare of the exclusive east, 124 Penfold Road reveals a stunning modern contemporary haven nestled below Adelaide's scenic Foothills. Capturing wonderful north-facing alignment running alongside this free-flowing footprint, natural light floods through courtyards and gallery windows, immediately adding a remarkably bright and airy atmosphere to your everyday.
With a dual-living floorplan that sees a supremely relaxing living and dining zone extend into an utterly beautiful open-plan entertaining headlined by a provincial kitchen of stone-topped elegance - wining and dining guests or sitting back and savouring this tranquil setting needs no invitation. French doors entice a delightful alfresco of fresh air tranquillity as a verdant backyard of lush lawns and bursting greenery provides a picturesque backdrop to morning coffee routines and an afternoon cuppa serenaded by a chirping parrot or two.
Deceptively spacious while remaining refreshingly low maintenance, enjoy the versatility of three generous bedrooms, including the balcony-fronted master with plantation-shuttered French doors and balcony, large walk-in wardrobe and sparkling ensuite ready to fulfill host-loving downsizers, professional couples or even style-seeking young families keen to settle in this prized pocket.
A superb blend of feature and function sitting atop a double garage packed with storage space, around the corner from Branson Reserve or a leisure stroll to the famed Ferguson Conservation Park, while prestigious public and private schools, quaint local shops, along with the vibrant Burnside Village and iconic Parade Norwood are set to quench all lifestyle needs and necessities.
Easy reach to charming Foothills villages or a bee-line to Adelaide CBD - seizing such sought-after simplicity in these blue-ribbon borders makes this next move an effortless affair.
FEATURES WE LOVE
• Beautifully light-filled lounge and dining brightened by a courtyard either side
• Peaceful open-plan living framed by gallery windows and embracing copious north-facing light
• Stylish provincial kitchen featuring stone bench tops ready to socialise as you serve, abundant cabinetry and cupboards, and gleaming stainless appliances, including dishwasher
• Lovely alfresco flow to the outdoor rear patio through French doors
• Verdant backyard of neat, sunny lawns and lush easy-care greenery
• Elegant master bedroom featuring ceiling fan and French doors to your private balcony, large WIR and dual-vanity ensuite
• 2 additional ample-sized bedrooms, one with BIRs and the other with shelving/linen press
• Neat and tidy family bathroom featuring separate shower and relaxing bath, as well as separate WC
• Practical laundry with nearby linen storage, and zone ducted AC throughout for year-round comfort at the touch of a button
• Double garage with great storage, and commanding curb-side presence with flowering garden entry and established pencil pine driveway
LOCATION
• Strolling distance to Branson Reserve and Ferguson Conservation Park inviting rejuvenating walks and adventure for the kids or pet pooch
• Wattle Park Bakery and IGA footsteps from your front door for all your last-minute items, quick caffeine hits and tasty pastries
• Zoned for Burnside Primary and Norwood International moments away, as well as a short walk to St Peter's Girls' College
• Popular cafés and takeaway options dotted along Kensington Road, including Erindale Shopping Centre
• An equal 8-minutes to Burnside Village and the bustling Parade Norwood, and just 10-minutes (6km) to Adelaide CBD
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | Burnside
Zone | Hills Neighbourhood
Land | 437sqm(Approx.)
House | 276sqm(Approx.)
Built | 2000
Council Rates | $ 1,887.10pa
Water | $241.88pq
ESL | $445.60pa
Listing description written by Nick Griguol, Ray White Burnside — reproduced as published, not verified by Districts.