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SA › Burton › Nicholls Cres

14 Nicholls Cres, Burton SA 5110

House

$405,000

Last sold

15 Mar 2023

3

Bedrooms

1

Bathrooms

2

Car spaces

575 m²

Land

85 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $405,000 (15 Mar 2023).(Recorded sale)
  • CalculationLand 575 m² against a 85 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Burton (last 5 years) with land size: median $1,167/m² of land (n=100). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$405,000

15 Mar 2023 · derived via latest_sale

Local land rate: recorded House sales in Burton (last 5 years) with land size have a median of $1,167/m² of land (n=100). Districts calculation from recorded sales — not a valuation.

Burton at a glance

6,640

People

$733,500

Median sale

$532/wk

Median rent

3.77%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Burton report →

Vs Burton

-44.8%

Median sale

Suburb $733,500

+3.06 pp

Gross yield

Suburb 3.77%

Suburb median $733,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$405,00015 Mar 2023
  2. Listedprice unknowncompleted7 Feb 2023
  3. Listedprice unknowncompleted7 Feb 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $532/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Burton in one glance

Burton at a glance

6,640

People

$733,500

Median sale

$532/wk

Median rent

3.77%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Burton report →

Keep researching

  • Why Burton? Read the area thesis →
  • What else is on the market in Burton →
  • Other records on Nicholls Cres →

Listing material

Listed by Edge Realty

Well Maintained, Central Family Living!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*

Virtual Tour Link: https://vtc.virtualtourscreator.com.au/share/58a7cba5df6b16fe08c25faff364bff2

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Read the full description

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present this well maintained Burton block. Step inside and fall in love with this cleverly designed 3-bedroom, 1 bathroom, 2 carport residence nestled in a quiet neighbourhood close to Springbank Plaza Shopping Centre. The property is currently tenanted with a great long term tenant on a fixed lease of $280 per week until 24/06/2023.

The interiors of the home receive wonderful sunlight through large windows and feature a neutral colour palette and ducted evaporative air-conditioning throughout. As you enter through the tidy front porch you are greeted with a large lounge room showcasing wood-look floating flooring and ample accommodation for furniture.

Through to the well-appointed, combined kitchen/dining space which includes an L-shaped bench with a tiled splashback, tiled flooring, a gas heater, and direct access to the sprawling covered verandah and fully fenced backyard.

All three bedrooms are situated at the east side of the home and are generously sized with easy-care, timber-look flooring. The master bedroom and bedroom 2 feature large built-in wardrobes, and all the bedrooms offer easy access to the central bathroom and living areas.

The bathroom has a bathtub, a step-in glass shower, and a basin with tiled splashbacks. There is also the added convenience of an internal laundry room with direct access to the clothesline in the yard.

Entertaining will be a dream in the expansive backyard - barbeque with friends and enjoy a meal in the covered verandah space which has plenty of room for outdoor furniture. Watch over the kids and pets play in the secure backyard while you tinker in the garden shed.

Completing this residence is a covered carport with accommodation for 2 vehicles and a low maintenance front yard with established native trees and shrubbery.

Property Features:

- 3 spacious bedrooms, master + second with built-in wardrobes

- Ducted evaporative air-conditioning throughout plus a gas heater

- Well appointed kitchen with good storage space

- Bathroom with bathtub, shower and a separate toilet

- Cecure backyard and a covered verandah for entertaining

- Inviting floorplan with multiple living spaces

- Covered carport for 2 vehicles

- Internal laundry with external access

This large block is ideally situated within easy reach of all that you could need. A great selection of local schools and childcare centres including Goodstart Early Learning Burton, Burton Primary School Paralowie R-12 are minutes away, as are scenic parks and the Kaurna Wetlands. Springbank Plaza Shopping Centre, supermarkets, amenities and sporting clubs are also all nearby, as is access to the Northern Connector getting you to the CBD in around 30-minutes.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 1987 (approx)

Land Size / 575sqm (approx)

Frontage / 20.07m (approx)

Zoning / GN - General Neighbourhood

Local Council / City of Salisbury

Council Rates / $1,118 pa (approx)

Water Rates (excluding Usage) / $586.60 pa (approx)

Es Levy / $98 pa (approx)

Current Rental / Fixed lease of $280 per week until 24/06/2023

Title / Torrens Title 5099/649

Easement(s) / Nil

Encumbrance(s) / Nil

Internal Living / 85.5sqm (approx)

Total Building / 178.5sqm (approx)

Construction / Brick Veneer

Gas / Connected

Sewerage / Mains

Selling Investment

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/gJDBVV

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.