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SA › Athelstone › Grevillea Ave

15 Grevillea Ave, Athelstone SA 5076

For saleHouse for Sale

$1,750,000–$1,850,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,750,000–$1,850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,750,000–$1,850,000(Listing record · 19 Aug 2026)
  • CalculationAsk is 54% above the Athelstone median recorded sale ($1,140,000, n=35, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Athelstone's advertised median rent ($620/wk), implied gross yield would be 1.84% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$1,750,000–$1,850,000

Asking range · $2,188/m² of land

No recorded sale for this property.

Athelstone at a glance

10,003

People

$1,140,000

Median sale

$620/wk

Median rent

2.83%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Athelstone report →

Vs Athelstone

+53.5%

Median sale

Suburb $1,140,000

-0.99 pp

Gross yield

Suburb 2.83%

Suburb median $1,140,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,750,000
Stamp Duty (South Australia)
$90,080
Transfer/Registration Fee
$18,203
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,861,983

$111,983 on top of the price (6.4% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Athelstone's advertised median rent — not a rent for this listing.

Net yield
0.34%
Annual cashflow (pre-tax)
$-85,010
Interest cover (DSCR)
0.07
Annual rent
$32,240
Operating expenses
$26,250
Loan amount
$1,400,000
Annual interest
$91,000
Gross yield
1.84%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,750,000–$1,850,000available19 Aug 2026

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 $620/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

Gross yield if leased at the suburb aggregate is 1.8%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Athelstone in one glance

Athelstone at a glance

10,003

People

$1,140,000

Median sale

$620/wk

Median rent

2.83%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Athelstone report →

Keep researching

  • Why Athelstone? Read the area thesis →
  • What else is on the market in Athelstone →
  • Other records on Grevillea Ave →

Listing material

Listed by Eclipse Real Estate

Hi, I’m Space, Scenery And Then Some...

Say hello to a substantial double-brick family home where generous proportions, incredible entertaining and sweeping views come together against the beautiful backdrop of Black Hill Conservation Park.

Set proudly on the high side of the road on an impressive 800sqm* allotment, the home unfolds across two spacious levels, with multiple living zones giving everyone room to spread out. Double entry doors open to an impressive entrance, with formal lounge and dining to one side and a relaxed family living area with Heatmaster gas log heater to the other. From here, the home flows through to the elevated meals area and central kitchen, complete with Caesarstone benchtops, stainless steel appliances and plenty of pantry storage.

Upstairs is where this home really comes into its own. A third living area with wet bar opens directly onto an expansive Mediterranean-inspired tiled entertaining terrace wrapping around the front of the home. With views stretching across metropolitan Adelaide and all the way to the coast, it's a pretty spectacular spot for long lunches, sunset drinks or entertaining well into the evening.

Read the full description

Four generous bedrooms complete the upper level. Three feature built-in robes, while the master includes a walk-in robe and access to the fully tiled two-way bathroom with twin basins and a spa bath. The remaining bedrooms also enjoy access to a private rear balcony, taking full advantage of the home's elevated position and leafy surrounds.

Outside, there's just as much to enjoy. Established gardens frame a level lawn and shaded patio before stepping up to the sparkling in-ground swimming pool and generous paved surrounds. An outdoor shower adds another practical touch, while the rear boundary backing directly onto Black Hill Conservation Park creates an incredible sense of privacy and nature right at your doorstep.

And then there's the garage, complete with automatic doors, extra height to accommodate larger vehicles or a boat, drive-through access and direct internal entry. Add ducted reverse cycle air conditioning, electric roller shutters, ducted vacuuming and a security system, and you have a home that has been designed for comfortable family living on a seriously impressive scale.

Positioned within Athelstone's tightly held Foxfield Estate, you're surrounded by the foothills lifestyle while remaining close to local schools, shopping, walking trails, reserves and everyday conveniences. For families wanting space, views and a home built to entertain, this one brings plenty to the table.

Currently on a periodic lease for $850 per week.

Check me out:

— Substantial double-brick family home across two generous levels on 800sqm*

— Elevated position with sweeping city and coastal views

— Four spacious bedrooms with built-in robes to three and a walk-in robe to the master

— Three separate living zones offering plenty of room for the whole family

— Upstairs living area with wet bar opening directly to the expansive tiled entertaining terrace

— Central kitchen with Caesarstone benchtops, stainless steel appliances and generous pantry storage

— Fully tiled two-way bathroom with twin basins and spa bath, plus additional downstairs bathroom

— Heatmaster gas log heater, ducted reverse cycle air conditioning and split system air conditioning to the kitchen

— Electric roller shutters, ducted vacuuming and security system

— Large laundry with excellent storage and double sink

— In-ground swimming pool with paved surrounds and outdoor shower

— Established gardens, level lawn and shaded outdoor entertaining

— Garage with automatic doors, extra height, drive-through access and internal entry

— Backing directly onto Black Hill Conservation Park for exceptional privacy and a beautiful natural outlook

— And so much more...

Specifications:

CT // 5578/99

Built // 1991

Home // 454 sqm*

Land // 800 sqm*

Council // City of Campbelltown

Nearby Schools // Thorndon Park Primary School, Athelstone School, Paradise Primary School, Stradbroke School, Charles Campbell College, Rostrevor College, St Ignatius College

On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.

Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Paul Radice – 0414 579 011

paulr@eclipserealestate.com.au

RLA 277 085

Listing description written by Paul Radice, Eclipse Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Dishwasher
  • Secure Parking
  • Shed
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.