Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Millswood › Ravensthorpe Ave
$805,000
Last sold
9 Jan 2017
3
Bedrooms
1
Bathrooms
2
Car spaces
836 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
$805,000
9 Jan 2017 · derived via latest_sale
Local land rate: recorded House sales in Millswood (last 5 years) with land size have a median of $2,434/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Millswood
-62.4%
Median sale
Suburb $2,140,000
+2.20 pp
Gross yield
Suburb 1.33%
Suburb median $2,140,000 from 8 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 $546/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
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Turner Real Estate AdelaideUnderpinned by a prized location, multiple options are on offer here at beautiful Ravensthorpe Avenue.
Sitting atop an impressive land holding of 836 sqm approximately, with a 18.28m frontage and 45.72 m depth, is an original, quality, period home of 5 main rooms. Ready for immediate occupation and lived in as a loved family home for multiple generations, you may decide to live in or rent as is and/or make plans for a fresh start with a new build (STC).
While this property is located in the historic and highly desired Millswood Page Estate, this is one of the few properties that is a non-contributory item and able to be demolished (STC). Enjoying your new home in this tightly held position, makes this a discerning decision and a rare opportunity.
Further features & benefits:
Wonderful family accommodation with three bedrooms, formal lounge, formal dining room and separate games room.
Exciting potential to make improvements to the large existing home.
Cellar
Garage
Ducted reverse cycle air conditioning system. Installed January 2016
An amazing city fringe location close to all amenities
Council / City of Unley
CT / 5817/904
Zone / RH (C) Residential Historic (Conservation)
SH4 Spacious Historic Millswood Page Estate
Nil Easements & Non Contributory Item
Land area / 836 sqm
Frontage / 18.28 m
Depth / 45.72 m
Year built / 1925
Council rates / $1,688 p.a.
Water & Sewer / $236.50 p.q.
Rent appraisal / $ 440.00 - $ 460.00 / per week
Speak to TURNER about managing this property and
TURNER FINANCE for your loan requirements
#turntoturner
Listing description written by Lachlan Turner, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.