Reynella East at a glance
2,034
People
$857,000
Median sale
$595/wk
Median rent
3.61%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
SA › Reynella East › Carew St
$335,824
Last sold
19 June 2017
3
Bedrooms
1
Bathrooms
2
Car spaces
604 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
$335,824
19 June 2017 · derived via latest_sale
Local land rate: recorded House sales in Reynella East (last 5 years) with land size have a median of $1,020/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
Reynella East at a glance
2,034
People
$857,000
Median sale
$595/wk
Median rent
3.61%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Reynella East
-60.8%
Median sale
Suburb $857,000
+5.60 pp
Gross yield
Suburb 3.61%
Suburb median $857,000 from 5 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 $595/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
Reynella East at a glance
2,034
People
$857,000
Median sale
$595/wk
Median rent
3.61%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smallacombe Real Estate MitchamLight, bright and recently refreshed this home is ready for immediate living.
An ideal opportunity to secure a well presented home within the beautifully secluded and popular suburb of Reynella East. Placed equal 7th fastest selling suburb in South Australia during 2016*, and with a low volume of approximately only 15 homes transacting to date during 2017; Its fair to assume this home will be Under Contract quickly too! We encourage you to express your interest immediately.
*Placed equal 7th fastest selling suburb in South Australia during 2016 (Source CoreLogic 1st May 2017, https://www.corelogic.com.au/news/top-10-fastest-selling-suburbs-in-each-state)
Highlights:
* Multiple entertaining areas
* High ceilings & light filled living spaces
* Freshly painted with new carpet & flooring
* Northern rear aspect captures winter sun
* Undercover wooden decking
* Neat secure yard & gardens
* Undercover parking
* Many local conveniences.
Lifestyle:
Only 30 minutes from Adelaides city district yet so affordable, moments to Woodcroft Village and 5 minutes to the beachside; Reynella East is a tightly held suburb well suited to a range of differing home owners. Well serviced by bus routes, bike paths and South Road Expressway for easy commuting. Located close to primary and secondary schools, local shopping centres, cafes, community parks and sporting grounds you truly have everything at your convenience within Reynella East.
Council: City of Onkaparinga
Council Rates: $1,392 per annum (approx)
SA Water: $150.13 per quarter (approx)
ESL: $201.90 per annum (approx)
Land Size: 604sqm (approx)
Year Built: 1982
Zoning: Residential
Listing description written by Brad Henderson, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.