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SA › Jamestown › Forbes Ave

17 Forbes Ave, Jamestown SA 5491

House

$220,000

Last sold

13 Nov 2023

3

Bedrooms

1

Bathrooms

0

Car spaces

1,160 m²

Land

95 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 $220,000 (13 Nov 2023).(Recorded sale)
  • CalculationLand 1,160 m² against a 95 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Jamestown (last 5 years) with land size: median $250/m² of land (n=39). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Neighbourhood (N) under the Planning and Design Code.(Location SA · 1 Sept 2026)

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. 1No 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

$220,000

13 Nov 2023 · derived via latest_sale

Local land rate: recorded House sales in Jamestown (last 5 years) with land size have a median of $250/m² of land (n=39). Districts calculation from recorded sales — not a valuation.

Jamestown at a glance

1,608

People

$310,000

Median sale

$370/wk

Median rent

6.21%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Jamestown report →

Vs Jamestown

-29.0%

Median sale

Suburb $310,000

+2.54 pp

Gross yield

Suburb 6.21%

Suburb median $310,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Planning and Design Code

Zone

Neighbourhood

N

Jurisdiction

Northern Areas

Northern Areas, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 8700183000

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$220,00013 Nov 2023
  2. Listedprice unknowncompleted21 Aug 2023
  3. Listedprice unknowncompleted21 Aug 2023

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?

Confidence: low

Zoned Neighbourhood (Planning and Design Code). Official parcel area about 1,145 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $370/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned Neighbourhood (Planning and Design Code). Official parcel area about 1,145 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 1,145 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Jamestown in one glance

Jamestown at a glance

1,608

People

$310,000

Median sale

$370/wk

Median rent

6.21%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Jamestown report →

Keep researching

  • Why Jamestown? Read the area thesis →
  • What else is on the market in Jamestown →
  • Other records on Forbes Ave →

Listing material

Listed by SA Homes & Acreage Property Specialist

Convenient gem in Jamestown

Introducing a fantastic opportunity for investors or first-time home buyers! This transportable home offers great rental potential or the perfect setting for those eager to create their own oasis. This property is both convenient to the township amenities, and local hospital, and well situated for peace and quiet.

Boasting three bedrooms, each adorned with built-in robes for ample storage. All bedrooms have been thoughtfully fitted with ceiling fans, ensuring optimal comfort. One of the bedrooms showcases brand new linoleum flooring, providing a modern touch, while the remaining two bedrooms offer carpet for under foot comfort.

A convenient open-plan living and dining area, complimented by a split system air conditioner and a newly installed ceiling fan, for all year-round comfort. The living area features carpet, while the dining and kitchen areas showcase easy-to-maintain linoleum flooring. The original galley-style kitchen boasts gas cooking facilities, ensuring practicality for your culinary delights.

Read the full description

The tidy bathroom includes sink, convenient walk-in shower with glass sliding doors, and a toilet, ensuring functionality and comfort. A convenient sized laundry with direct access to back veranda or clothesline, ensures all washing needs are met, whilst keeping the rest of the house dry.

Enjoy outdoor living with a rear veranda and a welcoming front paved patio, providing versatile spaces for relaxation after a long day at the office. The property boasts a spacious, low-maintenance yard, providing ample space for various outdoor activities and potential gardening projects. A small shed with concrete flooring adds provides storage for the eager landscaper, whilst another shed facilitates the workshop handy man or vehicle storage.

Take advantage of the large number of solar panels that contribute to energy efficiency, reducing your environmental footprint and utility costs. The 5,000L rainwater tank adds to the efficiency of the property. Fully fenced yard, with easy access for vehicles and trailers provide ample security for your vehicles.

Currently, this property is tenanted until January 2024, generating a rental income of $230 per week. With its neat and tidy presentation, convenient features, and attractive rental income, it's an excellent investment opportunity that promises a steady return.

Whether you're an astute investor seeking a property with promising rental potential or a first-time homebuyer eager to roll up your sleeves and make this little gemstone shine, this property offers the best of both worlds. Don't miss out on this chance to secure a slice of convenience in Jamestown.

Things we love:

• Large block size ready for to facilitate potential upgrades

• Walking distance to the local hospital

• Quiet country township with country values

• Solar system and rain water tank installed

• Blank canvas gardens ready for the eager landscapers' green thumb

For more information or to schedule a viewing, please don't hesitate to get in contact with us.

Disclaimer:

While every endeavour has been made to ensure the accuracy of the information supplied, neither the vendor nor our company accept any responsibility or liability for any omissions and/or errors. We advise that if you are intending to purchase this property, that you make every necessary independent enquiry, inspection and property searches. This brochure and floor plan, if supplied, are to be used as a guide only.

RLA 263 081

Listing description written by Leonie Simmons, SA Homes & Acreage Property Specialist — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.