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SA › Magill › Olive St

16 Olive St, Magill SA 5072

House

$1,050,000

Last sold

4 Dec 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

586 m²

Land

255 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,050,000 (4 Dec 2024).(Recorded sale)
  • CalculationRecorded House sales in Magill (last 5 years) with land size: median $2,664/m² of land (n=98). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,050,000

4 Dec 2024 · derived via latest_sale

Local land rate: recorded House sales in Magill (last 5 years) with land size have a median of $2,664/m² of land (n=98). Districts calculation from recorded sales — not a valuation.

Magill at a glance

10,459

People

$1,285,000

Median sale

$639/wk

Median rent

2.59%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Magill report →

Vs Magill

-18.3%

Median sale

Suburb $1,285,000

+0.57 pp

Gross yield

Suburb 2.59%

Suburb median $1,285,000 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,050,0004 Dec 2024
  2. Listedprice unknowncompleted19 Nov 2024
  3. Listedprice unknowncompleted19 Nov 2024

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 $639/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

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

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

Magill in one glance

Magill at a glance

10,459

People

$1,285,000

Median sale

$639/wk

Median rent

2.59%

Suburb gross yield

Median sale from 57 recorded sales (last 12 months) — a Districts calculation.

See the full Magill report →

Keep researching

  • Why Magill? Read the area thesis →
  • What else is on the market in Magill →
  • Other records on Olive St →

Listing material

Listed by Harris Real Estate Kent Town

Lofty Contemporary Haven Hits the Mark in Magill

Sweetly positioned beneath Morialta Conservation Park and within arm's reach to exclusive schools and vibrant shopping hubs, 16 Olive Street has been beautifully refurbed inside and out, revealing not only its wonderfully versatile footprint but also showcasing this lofty, architectural base picture-perfect for couples, downsizers, and even established families.

Behind a double-door entry, discover stunning raked and rafted ceilings soaring above a free-flowing floorplan where the light-filled lounge, open-air study, stone-topped kitchen and dining converge for one seamless entertaining space. Whether you're wining and dining friends or keeping a close eye on the kids, this spacious foodie's zone lets you handle it all with elegant ease, before winter nights invite post-dinner retreats to the cosy lounge or step outside to a sweeping verandah and embrace Spring and Summer season alfresco bliss.

With a second living zone opening to a sunny private yard, the imagination will quickly envision the addition of an inspiring master bedroom with all the space and scope for stylish ensuite (STCC). A privilege much more than necessity, this delightful haven still boasts a comfortable 3-bedroom base, where glossy floating floors give way to plush carpets, and where the generous master enjoys ensuite access to the family 3-way bathroom.

Read the full description

A private kid- and pet-friendly backyard complete with a couple of veggie gardens ready to sow, as well as sizable garage that sees the secure drive-through carport enable a variety of workshop uses encapsulates this home's pockets of space and understated magic.

Every bit an idyllic address to settle straight into with no need to lift a finger, and seizing such sought-after eastern suburbs appeal that puts plenty of lifestyle options right at your fingertips – from a stone's throw to Magill Primary, Morialta Secondary and Rostrevor College, endless weekend adventure waiting within the scenic Foothills, and a bee-line to Firle Plaza, iconic Parade Norwood, and CBD just beyond – this is an entry into Magill's borders you don't want to miss!

Features you'll love:

- Beautiful pitched and raked ceilings throughout with feature pendants and lots of natural light

- Lovely lounge with plantation shutters extending to an inspiring study nook

- Modern kitchen with sweeping stone bench tops and breakfast bar, subway tile splashback, abundant cabinetry, and stainless appliances, including Bosch dishwasher

- Private second living zone adding great versatility, as well as potential to renovate and expand a decadent master (subject to council conditions)

- Stellar outdoor alfresco entertaining stretching beneath a pitched verandah

- Generous main bedroom featuring ceiling fan, plush carpets, BIRs and ensuite access to main bathroom

- 2 additional ample-sized bedrooms, both with soft carpets, ceiling fans and one with handy BIRs

- Large laundry with storage, powerful split-system AC in main living

- 2 private yards, one front and one back, both with neat lawns and low maintenance

- Secure carport with auto roller door with drive-through capacity to the sizeable garage/workshop

Location highlights:

- Fantastic reach to Magill Primary, Norwood International (zoned), Morialta Secondary, Rostrevor College and University of SA all a brisk walk from your front door

- A stone's throw to Morialta Conservation Park dishing up your daily dose of nature with weekend walks, hikes or just playing at the Nature Space

- Around the corner from Magill Road's redeveloped strip of shops for all your cafés, quick eats and household essentials

- Just 6-minutes to both the vibrant Newton Central and bustling Firle Plaza for more stellar shopping options

- Under 10-minutes to the Parade Norwood and zip to the CBD in 15!

Specifications:

CT / 5331/813

Council / Campbelltown

Zoning / GN

Built / 1974

Land / 586m2 (approx)

Frontage / 18.29m

Council Rates / $1,929pa

Emergency Services Levy / $167.25pa

SA Water / $204.56pq

Estimated rental assessment /$620 to $650 per week/ Written rental assessment can be provided upon request

Zoned school / Norwood International H.S

Nearby Schools / East Torrens P.S, Thorndon Park P.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 | 226409

Listing description written by Tom Hector, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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