Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Forestville › Nairne Tce
3
Bedrooms
1
Bathrooms
2
Car spaces
607 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Forestville (last 5 years) with land size have a median of $2,570/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
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 $546/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
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownFlirt with flair! With the city at its very influential doorstep, embark on development in ever-popular Forestville, buzzing with opportunity for investors and home-owners alike. Whether your plans are to stay in tune with the turn-of-the-century flow and renovate the existing villa or develop to invest...the results are sure to be worth it!
Set on 607sqm of land with a 15.37m frontage (approximately), opportunities like this don't knock often. The existing home has seen better days - restore it or knock it over to make way for a new proposition subject to the usual council consents.
Currently comprised as a four-bedroom home in urgent need of repair - it has a living room, eat-in kitchen, one bathroom, plus a toilet accessible from the rear verandah and a single garage on a sizeable block.
Don't let the home distract you from the desirable destinations that are a bus, train or tram connection away - if the city, the coast or local shopping is on your list, enjoy direct passage to them all.
Eclectic variety stores, market style shopping, the Wayville weekend markets or Capri Cinemas make Goodwood Road the delight it is. The benefits continue via Leader Street, Cross Road and King William Road where you'll want for nothing and waste no energy getting there.
What's an edge of Adelaide CBD lifestyle worth when you can create it yourself? Get in the zone and consider the options, weigh up the value and put your plans into motion. This one won't wait around...
For more information, please contact Angelo Nickolas on 0416 925 601.
Features:
15.37m frontage (approx.)
Land size 607sqm (approx.)
Existing original Villa C.1900
Development potential (STCC)
Fabulous lifestyle suburb on the city fringe
Close to great shopping, cafes & dining
Zoned to Adelaide High School
Nearby Goodwood Primary School & St. Thomas School
Specifications:
CT / 5694/499
Council / City of Unley
Zoning / RS(BF)'C(BF)8.1
Built / 1900
Land / 607m2
Internal / 142m2
Frontage / 15.37m
Council Rates / $1,179.10pa
SA Water / $186.77pq
ES Levy / $272.80pa
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Angelo Nickolas, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.