North Adelaide at a glance
7,519
People
$1,250,000
Median sale
$585/wk
Median rent
2.43%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › North Adelaide › Sussex St
3
Bedrooms
2
Bathrooms
0
Car spaces
220 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 North Adelaide (last 5 years) with land size have a median of $5,744/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
North Adelaide at a glance
7,519
People
$1,250,000
Median sale
$585/wk
Median rent
2.43%
Suburb gross yield
Median sale from 11 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 $585/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
North Adelaide at a glance
7,519
People
$1,250,000
Median sale
$585/wk
Median rent
2.43%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownBehind the heritage-listed 1880s bluestone front is an elegant and spacious renovated house, inspired by the owner's many visits to Europe. The emphasis is on comfort and relaxation throughout the property, with a modern take on heritage values.
Entering the cottage, you will find original baltic pine floors to the lounge and guest/second bedroom, both rooms harking back to heritage times. The focal point of the lounge room is a beautiful traditional marble fireplace, enclosing an easy-to-maintain gas heater, while gorgeous velvet drapes frame the windows looking out onto Sussex Street.
Turn the hallway corner and you are transported to modern days with a sympathetic, quality two-storey renovation and addition to the property. In addition to the two heritage rooms, the downstairs also comprises a fully-fitted study (which could easily become a third bedroom), a spacious bathroom and the kitchen/dining room (which also contains a European-style laundry in a cupboard). The kitchen/dining area opens through bifold doors to a stunning spotted gum deck and garden, providing seamless and all-weather opportunities for outdoor living throughout the year. And best of all, the outdoor area contains a pizza oven to keep the guests well-fed and entertained!
The kitchen features an oversize Fisher and Paykel oven, a Fisher and Paykel cooktop (gas and induction combo), a Miele dishwasher and loads of storage space to cater for the most dedicated of home cooks.
Upstairs you will enter what can only be described as a hotel-style retreat. The master bedroom is huge, airy and opens through sliding doors onto an outdoor balcony that makes the most of balmy summer evenings. Beautiful oak fronted wardrobes and drawers are hidden behind a nib wall, offering extensive storage for the new owners. The ensuite bathroom offers an open shower, twin basins, and tiling that echoes the heritage look and feel of the original cottage.
Also upstairs is a large studio and storage room with oodles of built-in storage; this area has the potential to become another bedroom or multi-purpose room.
Quiet and high quality reverse cycle airconditioning, with ducted vents to every room, allows for the perfect indoor environment year-round. Best of all, the roof-top solar panels make sure that energy costs are kept to a minimum.
And then there's the location. Whether it's coffee at home or one of the many Melbourne Street cafes in the morning, this property ticks all the boxes for proximity to the cultural life of central Adelaide while maintaining a feeling of privacy and an oasis of calm.
The current owner has run the property as a very successful hosted Airbnb property since late 2020 (guests had use of the downstairs bedroom, bathroom and loungeroom, while the owner used the upstairs areas when guests were present). Attaining superhost status and a five-star rating are testament to the qualities that the property offers, whether to live in privately, or for hosting purposes.
More to love:
• Heritage listing to cottage frontage only
• Solar panel system
• Ducted reverse cycle air conditioning
• Polished timber floors
• Gas instant hot water system
• Storage shed in front of vibrant mural by street artist Leah Grant
• Lush vertical garden (irrigated) screens rainwater tanks
• Underfloor heating in bathrooms
• Built-in safe to master bedroom (would accommodate laptops and small cameras)
• Property is pet-safe: side gates (with a pushbutton lock on the front gate for access) mean the backyard is very secure
• Electronic lock (fully programmable) to front door. Key over-ride available
• Extensive storage throughout the property
• Smoke and carbon monoxide alarms installed
• Super-fast NBN available (via hybrid fibre coaxial or HFC)
• Very close to public transport, including the free North Adelaide/city bus service.
Specifications:
CT / 5829/242
Council / Adelaide
Zoning / CL
Built / 1880
Land / 220m2 (approx)
Frontage / 7.32m
Emergency Services Levy / $100pa
SA Water / $269.09pq
Estimated rental assessment: $725 - $750 p/w (Written rental assessment can be provided upon request)
Nearby Schools / North Adelaide P.S, Walkerville P.S, Adelaide Botanic H.S, Adelaide H.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Richard Hayward, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.
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