Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Tea Tree Gully › Hancock Rd
$665,000
Last sold
26 Apr 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
710 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
$665,000
26 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,139/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Tea Tree Gully
-23.8%
Median sale
Suburb $872,500
+1.08 pp
Gross yield
Suburb 3.47%
Suburb median $872,500 from 14 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 $582/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
UnknownArea
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate NorthWelcome to 151 Hancock Road, a charming 1967-built home, perfectly nestled on a spacious 710sqm allotment in the sought-after suburb of Tea Tree Gully. This delightful three-bedroom, one-bathroom property offers the perfect blend of modern updates and timeless appeal. A front wall provides added privacy, while a long driveway leads through a gate to the rear of the property, ensuring both convenience and security. Ideal for families or first-time buyers, this home offers a peaceful retreat with all the features you need for comfortable living.
Upon entering the home, you are greeted by an open-plan living and kitchen area that creates a warm and inviting atmosphere. The modern kitchen is a standout feature, with bright and stylish finishes, including stainless steel appliances, a gas cooktop, a 1.5 sink with a Puratap, and ample cupboard and drawer space, making it perfect for preparing meals and entertaining. The floating floors throughout the living areas create a seamless flow, while the three carpeted bedrooms down the hallway provide a cozy, private sanctuary for rest and relaxation.
The updated bathroom exudes a sleek, modern feel, featuring a free-standing bath and a semi-frameless shower, providing a spa-like experience in the comfort of your own home. With attention to detail and quality finishes throughout, this home offers the perfect balance of style and functionality. The bedrooms are generously sized, with plenty of natural light and ample storage to suit your lifestyle.
Outside, the property continues to impress with a raised covered deck at the front and a floor-level sun deck at the rear, providing multiple outdoor spaces to enjoy year-round. The large backyard is ideal for families, with plenty of free space for the kids to play, along with a charming cubby house. For added convenience, there is a freestanding carport for vehicle storage. This is a property that offers both comfort and lifestyle, all within a fantastic location in Tea Tree Gully.
More great features include:
- Updated laundry
- Reverse Cycle split system air conditioning
- Downlights throughout
- Floor to ceiling tiles in the bathroom
Don't miss this great opportunity, call Matt Ashford now to inspect.
Specifications:
CT / 5562/489
Council / Tea Tree Gully
Zoning / GN
Built / 1967
Land / 708m2 (approx)
Frontage / 18.29m
Council Rates / $1,448.00pa
Emergency Services Levy / $115.85pa
SA Water / $165.55pq
Estimated rental assessment / $580 - $630 per week / Written rental assessment can be provided upon request
Nearby Schools / Tea Tree Gully P.S, Ridgehaven P.S, St Agnes School P-6, Banksia Park School R-6, Redwood Park P.S, Banksia Park International H.S,
Disclaimer: 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 any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 330069
Listing description written by Matt Ashford, Harris Real Estate North — reproduced as published, not verified by Districts.
Nearby 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.