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SA › Hope Valley › Pegasi Ave

17 Pegasi Ave, Hope Valley SA 5090

House

$817,000

Last sold

17 Oct 2025

3

Bedrooms

2

Bathrooms

1

Car spaces

235 m²

Land

131 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 $817,000 (17 Oct 2025).(Recorded sale)
  • CalculationRecorded House sales in Hope Valley (last 5 years) with land size: median $1,386/m² of land (n=76). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned General Neighbourhood (GN) under the Planning and Design Code.(Location SA · 31 Aug 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

$817,000

17 Oct 2025 · derived via latest_sale

Local land rate: recorded House sales in Hope Valley (last 5 years) with land size have a median of $1,386/m² of land (n=76). Districts calculation from recorded sales — not a valuation.

Hope Valley at a glance

8,725

People

$901,000

Median sale

$568/wk

Median rent

3.28%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Hope Valley report →

Vs Hope Valley

-9.3%

Median sale

Suburb $901,000

+0.34 pp

Gross yield

Suburb 3.28%

Suburb median $901,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Planning and Design Code

Zone

General Neighbourhood

GN

Jurisdiction

Tea Tree Gully

Tea Tree Gully, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 2807159003

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$817,00017 Oct 2025
  2. Listedprice unknowncompleted23 Sept 2025
  3. Listedprice unknowncompleted23 Sept 2025
  4. Soldprice unknown23 Feb 2024
  5. Listedprice unknowncompleted7 Feb 2024
  6. Listedprice unknowncompleted7 Feb 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?

Confidence: low

Zoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 719 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 $568/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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 719 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 719 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

Hope Valley in one glance

Hope Valley at a glance

8,725

People

$901,000

Median sale

$568/wk

Median rent

3.28%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Hope Valley report →

Keep researching

  • Why Hope Valley? Read the area thesis →
  • What else is on the market in Hope Valley →
  • Other records on Pegasi Ave →

Listing material

Listed by Noakes Nickolas

Secure a Home With So Much Potential on Pegasi.

If you're looking for a home with soul, this established 70's home on a sizeable approx.720m2 dotted with wonderfully fruitful trees is ready to roll on Pegasi Avenue.

Boasting a vast approx. 40m north-facing frontage, the front-facing lounge, verandah and two bedrooms are gloriously bathed in natural light.

Offering three bedrooms, a large living space, and a second rumpus/kitchen, there's plenty of room to play, relax, enjoy, and plot your next move.

Read the full description

Behind a classic brick façade, pass through the entry into the living room to be met with a WOW-factor sense of scale in the form of a towering raked ceiling and , impressive timber beams.

Floor-to-ceiling windows drawing that northerly sunshine all the way into the dining and kitchen, divided by a wall that allows daylight to penetrate above.

Sliding doors connect the internal living spaces with a huge verandah, while a second detached rumpus/kitchen provides another versatile space for the household.

The sizeable kitchen connects easily to all parts of the home, with an adjacent laundry cleverly placed next to the back door, while a well maintained white bathroom includes a family-friendly bath.

To the rear there's a large shed for storage, and lots of space for a future garden of your choosing, and fruit trees worthy of preservation.

Boasting a grand living space and clever floorplan, this 70's gem is ready for you to inject your personal style in the Hope Valley community.

Don't miss:

- Reverse cycle split system A/C to open plan living

- Secure garage with roller door and further off-street parking

- Large rear shed

- Zoned to Modbury High, walking distance to Torrens Valley Christian School and Highbury Primary and within the catchment area for Ardtornish Children's Centre

- Easy access to public transport along Grand Junction Road

- Close to Anstey and Black Hill recreation parks and Highland Golf Course for weekend leisure

- Moments to Drakes Hope Valley and just 1.3km to Westfield Tea Tree Plaza

- Just 12km to the Adelaide CBD

Land Size: 720sqm

Frontage: 40m

Year Built: 1973

Title: Torrens

Council: City of Tea Tree Gully

Council Rates: $1,581.46PA

SA Water: $153.70PQ

ES Levy: $252.40PA

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. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.

Listing description written by Paul Lukeman, Noakes Nickolas — 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.