Bellevue Heights at a glance
3,091
People
$1,141,500
Median sale
$487/wk
Median rent
2.22%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Bellevue Heights › Shepherds Hill Rd
$471,525
Last sold
9 Jan 2018
3
Bedrooms
2
Bathrooms
3
Car spaces
962 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
$471,525
9 Jan 2018 · derived via latest_sale
Local land rate: recorded House sales in Bellevue Heights (last 5 years) with land size have a median of $1,080/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Bellevue Heights at a glance
3,091
People
$1,141,500
Median sale
$487/wk
Median rent
2.22%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Bellevue Heights
-58.7%
Median sale
Suburb $1,141,500
+3.15 pp
Gross yield
Suburb 2.22%
Suburb median $1,141,500 from 14 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 $487/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
Bellevue Heights at a glance
3,091
People
$1,141,500
Median sale
$487/wk
Median rent
2.22%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Turner Real Estate AdelaideQuirky only begins to describe this property, created in the era of Mad Men, the Kennedys, and the Space Race; and with a pleasant surprise around every corner. The two apartments sit proudly on 962 square metres overlooking a sweeping view to the ocean, but with their own distinct layouts and features.
Constructed in the 1960's with a curious vision and an original eye to luxury, the solidly-built adjoining apartments have huge rooms, high ceilings, copious natural light, polished floorboards, and funky original stylings from the 1960s in the kitchens and bathrooms.
Between them, the dwellings offer an incredible amount of accommodation - one with two bedrooms and the other with a single but very large bedroom. But you'll also find an equally enticing array of options for future renovation, converting to a single house of huge proportions or complete re-development on this expansive allotment (subject to consents).
This is a substantial property bearing the signs of a fascinating past, and a shining future for new buyers bringing the same sense of adventure as the original owner.
From the lower level double-garage and storage rooms, right up to the sunroom overlooking the vista to nearby Gulf St Vincent ... from the decorative glass doors, to the dressing room off the master suite with access to a cellar ... from the appreciable sense of space, to the convenient location near Westfield Marion and Flinders Uni - just add up the advantages and mix in your imagination, to concoct investment rewards from this unique offering.
CT: Vol 5835 Fol 469
Land Size: 962 sqm approx.
Council Area: City of Mitcham
Council Rates: $1039.31 p.a.
SA Water: $196.46 p .q.
ES Levy: $287.55 p.a.
Rent appraisal: $475.00 p.w.
Speak to TURNER Property Management about managing this property.
#turntoturner
Listing description written by Marie-ann Carey, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.