Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Melrose Park › Ayers Ave
$585,000
Last sold
13 Nov 2018
4
Bedrooms
1
Bathrooms
3
Car spaces
452 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
$585,000
13 Nov 2018 · derived via latest_sale
Local land rate: recorded House sales in Melrose Park (last 5 years) with land size have a median of $1,494/m² of land (n=46). Districts calculation from recorded sales — not a valuation.
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Melrose Park
-49.1%
Median sale
Suburb $1,150,000
+2.54 pp
Gross yield
Suburb 2.62%
Suburb median $1,150,000 from 17 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 $580/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
Melrose Park at a glance
2,704
People
$1,150,000
Median sale
$580/wk
Median rent
2.62%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Keeping It RealtyFor sale result, please visit:
https://www.keepingitrealty.com.au/project/131-ayers-avenue-melrose-park-sa-5039/
Michael and Christine Holowiecki of Keeping It Realty are proud to present this stunning 4 bedroom home designed for the family who loves natural light and wants to entertain!
Immaculately presented both inside and out, this 452-square metre property is the perfect home for your growing family, and theres more to it than just its large size. Youll love every inch of this home, from its light and bright interiors where the sun sneaks into all the rooms, to the marvellous outdoor entertaining area, where there is ample space to charm all your visitors.
This is a stylish and chic residence, boasting four bedrooms with the possibility of one being utilised as a home office. And while the master bedroom claims wall-to-wall built-in wardrobes, plantation shutters and lots of natural light, bedrooms 2 and 3 are all double in size and have beautifully polished floorboards for that modern-living feel.
Bedroom 4, or your new spacious office, has a view of the deck and backyard, with carpet for flooring and is positioned at the rear of the home, just off the lounge room. But if using it as a bedroom or workspace isnt what youre looking for, its the perfect size to serve as a play room!
Living in this home is your chance to show off all your culinary skills too! Take advantage of the slick, white dcor and stainless steel appliances of your new dream kitchen, designed around looks, performance, and convenience. Offering a waterfall breakfast island bench, two pendant feature lights, pantry and double sink, youll find this part of the house will easily become the heart of the home as you and your family create magical moments hererecreate those childhood memories of baking scones or cakes with your nana, but with your own children and extended family!
Along with the beautiful floorboards throughout the home, the bathroom caters to everyone with its neutral tones and is located just off the laundry, which has an incredible amount of cabinetry and storage options. Youll never have to worry about where to store those extra towels, the additional linen, or all your household cleaners because this space has it all.
But lets not forget all the convenient features this home has to offer! A ducted evaporative cooling unit as well as a powerful Hitachi reverse cycle split system in the lounge will cater to your needs throughout all four seasons of the year, and the carport can accommodate up to three vehicles off street! If you want your own space to tinker with machinery, there is also potential to add your own garage or workshop in the back corner of the yard, or you can enclose the current carport with an attractive roller door (subject to council approval). The opportunities are endless!
Entertaining is easy in this family home! Showcase your home with its LED downlights in the back extension and then open up the dining and lounge to the gorgeous backyard with the outdoor pitched pergola, timber deck and pizza oven! Celebrate birthdays, anniversaries, graduations, and public holidays with the space featured, or just invite everyone over for a get together at the weekend you will never fall short of entertaining capacity at this home!
And with everything at your doorstep including local cafs, shopping centres, an abundance of schools including Edwardstown Primary, Colonel Light Gardens Primary and Cabra College, this home is the perfect opportunity for a growing family. You will be just 8.5-kilometres from the Adelaide CBD, and less than 8-kilometres from the gorgeous cosmopolitan strip of Jetty Road and glorious Glenelg Beach.
If youve been waiting patiently for the right property to come up that has it all, then 131 Ayers Avenue, Melrose Park is an absolute must see.
Auction to be held onsite on Saturday 13th October 2018 @ 10:30am (unless sold prior).
The vendor's statement (Form 1) will be available for perusal by members of the public-
(A) at least 3 consecutive business days, immediately preceding the auction (appointments to view do need to be made); and
(B) at the place at which the auction is to be conducted, for at least 30 minutes immediately before the auction commences.
For further information about this listing, please contact:
Christine Holowiecki on 0422 399 943 or Michael Holowiecki on 0404 833 919.
Note: when making a property enquiry please ensure that you provide a daytime phone number so that we can respond to you promptly.
Follow Keeping It Realty on Facebook (@keepingitrealtyadelaide) and be the first to know about property updates and off-market listings. Have access to other great market and agency content as well as updates on recent sales.
No liability for any error or omission in this advertisement is accepted by the agent or the vendor. It is not intended that prospective purchasers would rely exclusively on this advertisement or any other information provided by 3rd parties to confirm the details of the property or land listed. Confirmation of property or land details should be sourced via direct enquiry to the agent or through review of the completed Form 1 Vendor Statement which contains the Certificate of Title and local government details.
Listing description written by Christine Holowiecki, Keeping It Realty — 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.