Underdale at a glance
3,176
People
$1,078,888
Median sale
$508/wk
Median rent
2.45%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Underdale › Sherriff St
$960,000
Last sold
16 Mar 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
228 m²
Land
Districts View
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
$960,000
16 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Underdale (last 5 years) with land size have a median of $1,894/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
Underdale at a glance
3,176
People
$1,078,888
Median sale
$508/wk
Median rent
2.45%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Underdale
-11.0%
Median sale
Suburb $1,078,888
+0.30 pp
Gross yield
Suburb 2.45%
Suburb median $1,078,888 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Housing Diversity Neighbourhood
HDN
Jurisdiction
West Torrens
West Torrens, SA
22019267
Torrens Title Land Division: Boundary Realignment
Decision Made · Lodged 16 June 2022
Council site report26017877
Verandah
Decision Made · Lodged 10 June 2026
Council site report23032445
Variation to application ID 21040265 - Comprising demolition of the existing dwelling at 10 Sherriff Street and replacement with a single storey detached dwelling and an increase in the floor area of dwellings 7 and 8.
Decision Made · Lodged 3 Nov 2023
Council site report22019270
Community Title land division : 1 into 8 with common property
Decision Made · Lodged 16 June 2022
Council site report21040265
Demolition of existing dwelling on 12 Sherriff Street and construction of eight (8) single storey group dwellings accessed via common driveway with associated carports, and retention of one single storey detached dwelling
Under Assessment · Lodged 4 Jan 2022
Council site report24000033
Construction of six double storey dwellings on behalf of South Australian Housing Authority
Decision Made · Lodged 18 Jan 2024
Council site reportSource
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
SAZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 1,612 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 6 development applications on this parcel. Code Assessed - Performance Assessed (Decision Made); Accepted (Decision Made); Code Assessed - Performance Assessed (Decision Made) Plus 3 more on this parcel. Latest lodgement recorded 2022-06-16. These are this lot’s applications, not the neighbourhood pipeline. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $508/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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 1,612 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 1,612 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
Knownmedium6 development applications on this parcel. Code Assessed - Performance Assessed (Decision Made); Accepted (Decision Made); Code Assessed - Performance Assessed (Decision Made) Plus 3 more on this parcel. Latest lodgement recorded 2022-06-16. These are this lot’s applications, not the neighbourhood pipeline.
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
Underdale at a glance
3,176
People
$1,078,888
Median sale
$508/wk
Median rent
2.45%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Noakes NickolasSOLD BY NADIA COVINO.
No Stamp Duty & First Home Owner Grants Available for First Home Buyers - Subject to Eligibility.
Freshly built and tucked away within a brand-new boutique setting, this thoughtfully designed single-level home by LS Design & Construct delivers contemporary comfort with long lasting appeal.
Cleverly planned to maximise space and natural light, the layout connects three generous, carpeted bedrooms with an inviting open-plan living and dining domain - creating a home that is equally suited to relaxed evenings or effortless entertaining.
Premium finishes elevate the interiors, with stone benchtops, fully tiled bathrooms and stainless-steel Euro appliances resulting in an overall aesthetic that feels crisp and modern, yet intentionally timeless to ensure lasting value and style.
Whether you're entering the market, expanding your investment portfolio or securing a low-maintenance lifestyle base, this is an exceptional opportunity in a vibrant cosmopolitan locale – placing both city convenience and coastal leisure comfortably within reach.
Features
• Eligibility for first homeowner grants & concessions
• Three-bedroom footprint
• Carport with auto roller door
• WIR & ensuite to master
• BIRs to bedrooms 2 & 3
• Stone benchtops to kitchen & bathrooms
• Easy-care laminate flooring & soft carpet to bedrooms
• Low-maintenance, irrigated gardens
• Ducted R/C air conditioning
• Secure Alarm System
Lifestyle
• Footsteps from bus stop, local shops & cafés
• Short stroll from zoned Torrensville Primary & Underdale High
• Quick dash to Brickworks Marketplace, Adelaide Airport, IKEA & Harbour Town
• 10-minutes from Henley Square & Adelaide CBD
Rates
• SA Water $176.3PQ
• Community Title | Fees as of Dec 2025 (Subject to Change) $750PA approx.
• City of West Torrens
• Year Built 2026
• Land size 228sqm
Disclaimer at noakesnickolas.com.au/privacy-policy | RLA 315571
Listing description written by Nadia Covino, Noakes Nickolas — reproduced as published, not verified by Districts.