St Morris at a glance
1,697
People
$1,349,000
Median sale
$572/wk
Median rent
2.20%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › St Morris › Fourth Ave
$1,240,000
For sale
$1,240,000
Last sold
20 Sept 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
580 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
Asking
$1,240,000
20 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in St Morris (last 5 years) with land size have a median of $2,230/m² of land (n=16). Districts calculation from recorded sales — not a valuation.
St Morris at a glance
1,697
People
$1,349,000
Median sale
$572/wk
Median rent
2.20%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs St Morris
-8.1%
Median sale
Suburb $1,349,000
+0.20 pp
Gross yield
Suburb 2.20%
Suburb median $1,349,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$78,578 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with St Morris's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $572/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
UnknownArea
St Morris at a glance
1,697
People
$1,349,000
Median sale
$572/wk
Median rent
2.20%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property NorwoodPositioned in a sought-after pocket of St Morris, this substantial 580sqm (approx.) allotment with an impressive 15.24m frontage presents an exciting opportunity to renovate, extend, rebuild or redevelop (STCC). Whether you are looking to transform the existing home, create your dream family residence or explore the site's future development potential, this is a property where the possibilities are yours to shape.
The existing three-bedroom residence offers a functional layout, generous outdoor space and a double-length carport, providing a solid foundation for those looking to modernise and add value. Alternatively, take full advantage of the generous landholding and wide frontage to create a contemporary home tailored to your lifestyle in this highly desirable eastern suburbs location (STCC).
Conveniently positioned moments from the cafés, dining and boutique shopping of Magill Road and The Parade, the address also enjoys easy access to Burnside Village, Kensington Gardens Reserve and The Gums Reserve. Zoned for Norwood International High School and Trinity Gardens Primary School, and within easy reach of prestigious private schools, public transport and the Adelaide CBD, this is an outstanding opportunity in a location renowned for its family appeal and long-term growth.
- Substantial 580sqm (approx.) allotment with 15.24m frontage
- Outstanding opportunity to renovate, extend, rebuild (STCC)
- Existing three-bedroom, one-bathroom residence offering a solid foundation
- Functional floorplan with generous living and outdoor areas
- Double-length carport providing secure off-street parking
- Highly sought-after St Morris location surrounded by established amenities
- Moments to the cafés, restaurants, boutiques and retail of Magill Road and The Parade
- Close to Burnside Village, Kensington Gardens Reserve and The Gums Reserve
- Zoned for Norwood International High School and Trinity Gardens Primary School
- Conveniently positioned near highly regarded private schools
- Easy access to public transport and the Adelaide CBD
*** Disclaimer: Images featured in this campaign and marketing campaign are intended for illustrative purposes only. Prospective purchasers are encouraged to rely on their own inspection of the property and its current condition. ***
RLA 285309
Listing description written by Eric Jem, Belle Property Norwood — reproduced as published, not verified by Districts.
Nearby 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.