Evanston Gardens at a glance
2,997
People
$710,000
Median sale
$538/wk
Median rent
3.94%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
SA › Evanston Gardens › Davey Ln
$380,000
Last sold
7 July 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$380,000
7 July 2022 · derived via latest_sale
Evanston Gardens at a glance
2,997
People
$710,000
Median sale
$538/wk
Median rent
3.94%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Vs Evanston Gardens
-46.5%
Median sale
Suburb $710,000
+3.42 pp
Gross yield
Suburb 3.94%
Suburb median $710,000 from 36 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 $538/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
Evanston Gardens at a glance
2,997
People
$710,000
Median sale
$538/wk
Median rent
3.94%
Suburb gross yield
Median sale from 36 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Higher Commercial*Offers due before 12PM, Monday 18th July*
City Realty is proud to bring this wonderful opportunity to secure your own home in the popular and fast-growing family neighbourhood of Evanston Gardens.
The perfect first home for those wanting to escape the current high pressure rental market and find a property to make their own or an excellent addition to your investment portfolio to capitalise on quickly growing rental prices, this home offers a neat and tidy style of living with a generous rear yard ready for a new lease of life.
For investors, the current tenants look after the property well and provide secure income until December 2022 at the very least. This property provides a high yield with approximately $24,064 in Gross Income per annum (more details can be provided on request).
This 3 bedroom townhouse is located within Orleana Waters, just off Angle Vale Road near Evanston Gardens Primary School, Evanston Gardens Library, Tambelin Railway Station, and Karbeethon Reserve this is one not to miss.
Features Include:
* Main bedroom with walk-in robe plus ensuite
* Bedroom 2 with built-in-robe & bedroom 3 with walk-in robes, you'll never run out of room
* Light-filled open plan living, great for entraining family and friends
* Double doors leading outside
* Modern kitchen with stainless steel appliances, gas cooktop, electric oven, and dishwasher. You can watch the children and cook at the same time!
* Ducted reverse cycle air conditioning for all-year-round comfort
* Double automatic garage
The Barossa Valley is within easy reach and the M1 has connected Andrews Farm to the CBD like never before making this a wonderful location to balance work and play options.
We look forward to opening the doors to this beautiful property and hope to see you there.
SA Water: $142.10 pq (approx.)
ESL: $100.25 pa (approx.)
Council Rates: $1,764 pa (approx.)
Year Built: 2013
Current Gross Income: $24,064 (including NRAS Incentive)
NRAS End Date: 29/01/2024
Current NRAS Rent: $248pw
Please contact Stephen Keenihan on 0415 408 208 for further information.
Disclaimer:
This advert contains information and imagery which is believed to be accurate based on City Realty sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.cityrealty.com.au | RLA 262 481
Listing description written by Stephen Keenihan, Higher Commercial — reproduced as published, not verified by Districts.