Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Somerset Ave
5
Bedrooms
2
Bathrooms
4
Car spaces
700 m²
Land
1,969.544 m²
Building
Districts View
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 Redwood Park (last 5 years) with land size have a median of $1,116/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
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
SAZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 698 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $616/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 698 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 698 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Property SpecialistsAuction Location: 15 Somerset Avenue, Redwood Park SA 5097
Having been built with the large family in mind, this expansive home impresses from the moment you step through the front door. With multiple large living spaces, both formal and informal, a large front lounge and dining with access to the rumpus including a built in bar and which steps out to a delightful outdoor entertaining space overlooking the glimmering pool, this is one you will definitely want to hop in to!
Built c.1973, set on a well utilised 700sqm (approx.) allotment and in a quiet but well situated location, this family residence has been well planned out to provide multiple separate areas for both young and old to have their own space but come together when they wish! This one is ready for you to add your own personal touches and enjoy!
What you will love:
* Master bedroom with walk-in robe and ensuite
* Four well-proportioned bedrooms
* Flexibility for study or sixth bedroom
* Central updated kitchen with a ceramic cooktop and an abundance of storage
* Open lounge and dining rooms
* Updated main bathroom
* Large rumpus/games room with built in bar area
* Secluded solar heated inground pool
* Double powered garage/workshop and dual length carport
* Ducted evaporative cooling and combustion heating
You're also spoilt for choice when it comes to local shopping and amenities. With the St Agnes and Fairview Green Shopping Centres both a short drive away and Tea Tree Plaza just a little further afield for all your entertainment and specialty stores and access to the O-Bahn. With the Adelaide CBD also only approximately a 25 minute away and near direct access into the Adelaide Hills this home is ideally located!
For public transport, Stop 51 on Riverside Drive just nearby provides transport to TTP Interchange and Stop 52 on Hancock Road provides a direct route to the CBD!
Year Built | 1973
Land Size | 700sqm*
Zoning | GN - General Neighbourhood\\
Local Council | City of Tea Tree Gully
Council Rates | 587.39pq*
Title | Torrens
Easements | No
Internal Living | 212sqm*
*These are approximations from available sources.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at our LJ Hooker Property Specialists Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA 208516
Listing description written by Jordan Nockolds, LJ Hooker Property Specialists — reproduced as published, not verified by Districts.
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