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 › Richmond Rd
3
Bedrooms
2
Bathrooms
2
Car spaces
348 m²
Land
265 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 Hope Valley (last 5 years) with land size have a median of $1,392/m² of land (n=77). 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.
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.
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 Ray White ParadiseThis charming Hope Valley residence offers luxury living with plenty of natural light. The property is just a street away from Korong Reserve, it's the perfect family home to enjoy a lovely outlook over the surrounding area with an abundance of crisp white interiors and modern finishes. With easy flow between indoors and out, you can relax in this peaceful ambience or host friends with ease in the private alfresco setting.
A grand entry welcomes you inside where you are drawn through to the light-filled and spacious kitchen, meals and family room. Here, tall ceilings and large format tiles enhance the luxurious appeal of this awe-inspiring space while the kitchen is an avid foodie's dream come true.
The open-plan kitchen is perfect for families who love to entertain as it flows effortlessly into the living area. It features a large island bench, stone benchtops and gas stovetop with plenty of bench space for all your culinary creations.
For convenience, there's a main-floor powder room and laundry with the sleeping quarters housed upstairs. An upper-level retreat extends the living space even further and connects the three bedrooms including the master with a walk-in robe, a private balcony and a luxe ensuite. Bedrooms two and three are complete with built-in robes and easy access to the main bathroom with a freestanding tub, a separate shower and a powder room.
The standout feature of this modern home is its superb indoor-outdoor entertaining areas which lend themselves perfectly to gatherings both big and small. Glass sliding doors connect the main-floor living space to the large covered alfresco where you can gather with loved ones and overlook the fenced backyard with room for the kids to run free. Solar of some 6.6KW will also help keep running costs down.
You can leave the cars at home in the double garage and walk to the nearby Korong Reserve, local bus stops and the Torrens Valley Christian School. Highbury Primary School is also within easy reach and you're just moments from Tea Tree Plaza, Modbury Hospital and Modbury Interchange offering easy access to the 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.
Ray White Paradise are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | TEA TREE GULLY
Zone |GN - General Neighbourhood\\
Land | 348sqm(Approx.)
House | 265sqm(Approx.)
Built | 2020
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Nick Borrelli, Ray White Paradise — reproduced as published, not verified by Districts.