Panorama at a glance
2,668
People
$1,310,500
Median sale
$558/wk
Median rent
2.21%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
$1,300,000
Last sold
20 June 2025
5
Bedrooms
3
Bathrooms
4
Car spaces
1,011 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
$1,300,000
20 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Panorama (last 5 years) with land size have a median of $1,521/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Panorama at a glance
2,668
People
$1,310,500
Median sale
$558/wk
Median rent
2.21%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Panorama
-0.8%
Median sale
Suburb $1,310,500
+0.02 pp
Gross yield
Suburb 2.21%
Suburb median $1,310,500 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 $558/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
Panorama at a glance
2,668
People
$1,310,500
Median sale
$558/wk
Median rent
2.21%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne UnleySold by Jacky Yang- Welcome to 16 Alma Street, Panorama - a home where contemporary luxury meets timeless charm, set on a generous 1,011 sqm corner allotment in one of the suburb's most desirable streets. Offering panoramic city views, expansive living, and potential for future development (Subject to Council Consent), this unique property presents a rare opportunity for both families and astute investors.
As you arrive, the elegant front yard with a classic water fountain and beautifully landscaped gardens sets a tranquil tone. The inviting wooden decking provides the perfect spot to relax and enjoy the scenic surroundings, while inside, the home offers a perfect blend of style, comfort, and space.
Key Features:
• Expansive Corner Block - Set on 1,011 sqm (approx.) with potential for development (STCC)
• 5 Bedrooms including a study offering ample space for the whole family.
• 3 Bathrooms in total, tastefully designed for modern living, including two ensuites.
• 2 Carport Spaces for secure parking and two extra open parking spaces.
• Beautiful Front Yard with a classic water fountain, creating a serene atmosphere as you approach the home.
• Inviting Wooden Decking at the front, perfect for enjoying the outdoors or entertaining guests.
• Brand New Flooring throughout the home, enhancing the modern feel and providing easy maintenance.
• Cozy Living Room featuring a charming fireplace, ideal for relaxing with family and friends.
• Exquisite Wooden Ceiling that adds warmth and character to the living spaces.
• Expansive Windows allowing natural light to flood the home and offering stunning city views.
• Brand New Kitchen appliances with sleek granite bench tops, and these modern appliances (including a gas stove top and exhaust), making meal preparation a breeze.
• Spacious Laundry with easy access to the backyard.
• Generous Backyard with a shed for additional storage or workshop space.
• Electrical Hot Water System for efficiency and reliability.
• Spilt RC Air conditioning system throughout the whole house
Upper-Level Master Suite:
• Master Bedroom located on the upper level, offering unparalleled space and privacy.
• City Views from the master suite, a peaceful retreat to unwind after a busy day.
• Brand New Modern Bathroom featuring high-end finishes and a luxurious feel.
Nearby Schools:
• Springbank Secondary College: A government secondary school for years 7-12, located approximately 960 meters from the property.
• Unley High School(Zoned) : A government secondary school for years 7-12, situated about 3.54 kilometers away.
• Clapham Primary School: A government primary school for years 0-7, located approximately 580 meters from the property.
• Colonel Light Gardens Primary School: A government primary school for year 0-7, located approximately 1.28 kilometers from the property.
• St John's Grammar School - Sheoak Road Campus: A private school offering junior to senior secondary education, located nearby.
• Scotch College - Torrens Park Campus: A private co-educational school for reception to year 12, also in close proximity
Shopping and Dining Amenities:
• Mitcham Square Shopping Centre: A local shopping center offering a variety of retail stores and dining options, just a short drive away.
• Pasadena Green Shopping Centre: Another convenient shopping destination offering diverse shops and eateries, located nearby.
• Castle Plaza Shopping Centre: A larger retail hub featuring numerous shops, supermarkets, and dining establishments, within easy reach.
Restaurant & Café: Wide variety of dining options to suit all tastes. Whether you're looking for a casual cafe for a morning coffee or a fine dining experience for an evening out, you'll find it all nearby
Public Transport: The property is well-connected to public transport routes, making commuting to Adelaide's city center and surrounding areas convenient.
*Disclaimer: Raine & Horne Unley try their absolute best to obtain correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should seek independent legal advice if they wish to proceed. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Jacky Yang, Raine & Horne Unley — reproduced as published, not verified by Districts.