Newton at a glance
5,488
People
$1,062,500
Median sale
$598/wk
Median rent
2.93%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
SA › Newton › Palumbo Ave
$575,000
Last sold
3 Aug 2021
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
$575,000
3 Aug 2021 · derived via latest_sale
Newton at a glance
5,488
People
$1,062,500
Median sale
$598/wk
Median rent
2.93%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Newton
-45.9%
Median sale
Suburb $1,062,500
+2.48 pp
Gross yield
Suburb 2.93%
Suburb median $1,062,500 from 22 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 $598/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
Newton at a glance
5,488
People
$1,062,500
Median sale
$598/wk
Median rent
2.93%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Karen Heuer for further details.
Open plan designer living, a conscientious floor plan and upmarket fittings combine to present this stylish three bedroom home with multiple living areas, that is perfect for growing families and anyone needing a lifestyle upgrade.
Built in 2016 and showcasing open plan designer living throughout, this contemporary townhouse is located on a corner allotment and makes great use of the space provided. With open plan living, three bedrooms, a rare 'plus sized' rear yard, this special townhouse truly represents an outstanding home in a sought after residential pocket, close to everything.
Upon entry the 2.7-metre high ceilings set the tone of spatial abundance that resonates through the home, particularly in the stunning open-plan kitchen, living and dining area. An abundance of natural light flows throughout the home, enhancing the timber-look flooring and featuring a neutral palette which are sublimely offset by the freshly painted crisp white walls. Set over two impressive levels, you'll be delighted by the quality that lies within this home.
The lower level of the home is serviced by a handy powder room, making it ideal for guests. The laundry has backyard access for convenience.
Enjoy spending nights with family and friends outdoor in the spacious paved undercover entertainment and low maintenance lawn area, guaranteeing traditional outdoor living at its very best, or cook up a storm in the beautifully designed kitchen, complete with benchtops, sleek functional cabinetry and featuring quality stainless steel appliances including dishwasher, gas cooktop and built in oven.
Ascend to the upper level with premium carpeting, offering three generous sized bedrooms, all with built-in robes, another living area and well appointed family bathroom. Retreat to the master bedroom with ensuite and built-in robe, at the end of a busy day.
Valuable extra features include: a tandem carport with automatic roller door to the side of the home, ducted reverse cycle, zoned control heating/cooling for all year comfort and a handy garden shed for all those extras.
Truly representing a lifestyle opportunity, this townhouse is perfectly positioned to take full advantage of public transport for an easy commute to the CBD and is centrally located to all local amenities including the Newtown Central as well as excellent schooling options. Enjoy your weekends by taking a short stroll to the local parks and reserves in the area, after grabbing your coffee fix from one of the nearby cafes.
This home is something special! Don't miss your opportunity to make it your own!
All floorplans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
Listing description written by Karen Heuer, Magain Real Estate — reproduced as published, not verified by Districts.