Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
SA › Edwardstown › Allambee Ave
$750,000
Last sold
19 Sept 2022
3
Bedrooms
1
Bathrooms
4
Car spaces
893 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
$750,000
19 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Edwardstown (last 5 years) with land size have a median of $1,767/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Edwardstown
-27.0%
Median sale
Suburb $1,027,500
+1.08 pp
Gross yield
Suburb 2.93%
Suburb median $1,027,500 from 27 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 $578/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
Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Tamir Dunning Real EstateTalk about an exciting opportunity that can come from this exception land holding of almost 900m2 with a very wide and desirable frontage of 18.29m's approximately. Be it the family looking to build their dream home in this highly sought after locality or the astute developer wanting to sub-divide and reap the rewards - the possibilities are there and waiting (subject to council consent).
Currently sitting on this enormous allotment is a very sound, circa 1965, conventional style, solid brick dwelling that is currently tenanted out till early September 2022 with a rental return of $330pw and a tenant that is keen to continue on. This certainly creates the perfect situation for those wanting to maximise their time in creating the perfect home or development when there can be lengthy delays with council.
What we love about this property is:
- Enormous allotment of almost 900m2
- Build your dream home or develop (S.T.C.C)
- Well maintained 3 bedroom conventional dwelling
- Currently tenanted till early September 2022 returning $330pw
- Highly sought after locality between city and surf
With its exceptional locality, centralized access between the CBD and coastline with major transport routes and public transport right at your door step, it's understandable why the demand for quality properties in the general locality has certainly sky rocketed of recent times and continues to grow with continuous redevelopment throughout the area. An array of other exciting amenities are only a short drive away including Castle Plaza and Flinders University.
For any more information, please don't hesitate to call or email the selling agent to discuss anything further. If you are unable to make any of the allocated open inspections, please don't hesitate to call to arrange for a private viewing.
Additional Information:
- Council Area: City Of Marion
- Zoning: General Neighbourhood - GN
- Year Built: 1965
- Volume: 5229 / Folio 791
- Land Area: 893m2 approx.
- Frontage: 18.29m's approx.
- ESL: $146.95 Per Annum
- Council Rates: $483.71 Per Qtr
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. RLA 246515
Listing description written by Tamir Dunning, Tamir Dunning Real Estate — reproduced as published, not verified by Districts.