Sturt at a glance
3,131
People
$902,500
Median sale
$573/wk
Median rent
3.30%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
SA › Sturt › Grandview Grove
$565,000
Last sold
27 Jan 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
272 m²
Land
163 m²
Building
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
$565,000
27 Jan 2022 · derived via latest_sale
Sturt at a glance
3,131
People
$902,500
Median sale
$573/wk
Median rent
3.30%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Sturt
-37.4%
Median sale
Suburb $902,500
+1.97 pp
Gross yield
Suburb 3.30%
Suburb median $902,500 from 18 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 $573/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
Sturt at a glance
3,131
People
$902,500
Median sale
$573/wk
Median rent
3.30%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Turner Real Estate Adelaide15A is SOLD
15B still available
These three bedroom, two bathroom homes are modern, well equipped and set on low maintenance allotments.
The layout is functional and well designed. The open floorplan gives a real feeling of space, whilst natural light permeates through the homes.
The kitchens are well equipped with quality appliances including a gas cooktop, rangehood and a dishwasher. Plenty of bench space and cabinetry make the kitchen a breeze to use.
Downlights can be found throughout, whilst a ducted reverse cycle A/C provides year round comfort up and downstairs. A separate laundry and separate toilet downstairs add to the functionality of the homes. The courtyards outside are paved and feature rainwater tanks, plus low maintenance yards.
Upstairs the spacious master bedrooms offers an ensuite with a shower and toilet.
Adjacent to the master bedroom, the second and third bedrooms are of a good size and feature built in robes. The main bathrooms, feature bath, shower and third toilet! Further storage can be found through a linen press in the hallway.
Set in a fantastic location on a quiet street, close to everything including quality local schools, public transport, Marion Shopping Centre, and only minutes to the city and Glenelg.
Features of this property
- Secure garage plus off-street parking
- Ducted reverse cycle A/C
- Alarm system
- Large open plan living area
- Well equipped kitchen
- Separate laundry
- Three toilets
- Two bathrooms
- Low maintenance yard
- Rainwater tank
- Clothes line
- Gas hot water service
- Robes in all the bedrooms
- High ceilings
- Linen press
Year built / 2011
Equivalent Building Area / 163 sqm approx.
Land Area / 272 sqm approx.
Council / Marion
Title / Torrens
15B Grandview Grove is tenanted until 05/01/2022.
Speak to TURNER Property Management about managing this property
#expectmore
*COVID Information for attending an Open Inspection:
Turner Real Estate is limiting the number of people attending opens at any one time. We ask that you remember to bring a mask to all open inspections and check in at the door with our QR code.
At times, there may be more people at the property than we can allow through at once. Please be patient with us as we work within the Government regulations and make sure there is a COVID safe environment for all attendees. We know this may take more time than a normal open and will allow for that. Where there is a longer time slot for viewing, consider coming later in the timeslot – we will be there for the full duration of the advertised open time.
Listing description written by Igor Smudic, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.