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SA › Beaumont › Penarth Ave

17 Penarth Ave, Beaumont SA 5066

For saleHouse for Sale

$2,400,000–$2,525,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

1,783 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,400,000–$2,525,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,400,000–$2,525,000(Listing record · 10 June 2026)
  • CalculationLand 1,783 m² against a 355 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 41% above the Beaumont median recorded sale ($1,700,000, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Beaumont's advertised median rent ($700/wk), implied gross yield would be 1.52% — this is not a rent for this listing.(Districts scenario calculation)

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.

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

The ask against the evidence

Asking

$2,400,000–$2,525,000

Asking range · $1,346/m² of land

No recorded sale for this property.

Beaumont at a glance

2,760

People

$1,700,000

Median sale

$700/wk

Median rent

2.14%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Beaumont report →

Vs Beaumont

+41.2%

Median sale

Suburb $1,700,000

-0.62 pp

Gross yield

Suburb 2.14%

Suburb median $1,700,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$2,400,000
Stamp Duty (South Australia)
$125,830
Transfer/Registration Fee
$25,028
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,554,558

$154,558 on top of the price (6.4% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Beaumont's advertised median rent — not a rent for this listing.

Net yield
0.02%
Annual cashflow (pre-tax)
$-124,400
Interest cover (DSCR)
0.00
Annual rent
$36,400
Operating expenses
$36,000
Loan amount
$1,920,000
Annual interest
$124,800
Gross yield
1.52%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$2,400,000–$2,525,000available10 June 2026

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 $700/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

Gross yield if leased at the suburb aggregate is 1.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Beaumont in one glance

Beaumont at a glance

2,760

People

$1,700,000

Median sale

$700/wk

Median rent

2.14%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Beaumont report →

Keep researching

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

Listing material

Listed by Ray White Burnside

1,783sqm (approx.) Approved for subdivision and ripe for redevelopment

** INSPECTION BY APPOINTMENT ONLY**

Rarely does an opportunity like this come to market: a vast 1,783sqm (approx.) allotment at the end of a tree-lined cul-de-sac in the most coveted pocket of Adelaide's prestigious eastern suburbs - offering endless possibilities (STCC) for savvy developers as well as owner-occupiers with designer-home dreams of their own.

Locations simply don't get better than 17 Penarth Avenue. Surrounded by architectural new builds and character homes, it's a breezy 5-minute drive to Burnside Village, with top private colleges in every direction, and lovely Beaumont Common easily accessible via a handy pedestrian pathway.

Read the full description

On-site now is the property's original bay-windowed brick dwelling, built in 1964 and, while single-level at first glance, comprising 2 floors. On the upper level are 4 bedrooms, 2 bathrooms, formal and casual dining and living spaces, a kitchen with a Butler's Pantry, a study, and a laundry. The lower floor houses 'studio-style' accommodation with a bathroom, plus a cellar and storeroom.

The big drawcard here is the land itself, the house backing onto a sprawling backyard which you can easily imagine once again featuring a tempting pool as the centrepiece of a fabulous alfresco entertaining area attached to a masterfully designed new abode with city views (STCC).

Whatever the future holds for this picturesque parcel of land, Beaumont will always be the pinnacle of Adelaide's east - and this is an unmissable chance to secure a slice of blue-chip real estate.

FEATURES WE LOVE

• Substantial 1,783sqm (approx.) block at the end of an exclusive, tree-lined cul-de-sac

• Exciting possibilities (STCC) for astute developers & owner-occupiers with big dreams

• Existing residence: 4 upper floor beds & 2 bathrooms, a study, formal/casual living & dining areas & laundry + a lower-level studio with 3rd bathroom, cellar & storeroom

LOCATION

• 5-minute drive to Adelaide's premier boutique shopping destination, Burnside Village

• Shortcut to Beaumont Common, a short stroll to Hazelwood Park & Greenhill Rd dining spots

• A tad over 10 minutes to the East End of town & Hutt St's popular restaurant scene

• Excellent local schooling: Linden Park/Burnside Primary Schools/Glenunga International + prestige private options at Pembroke, St Peter's Girls & Seymour/Loreto Colleges

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Burnside RLA 334844

Property Details:

Council | BURNSIDE

Zone | SN - Suburban Neighbourhood

Land | 1,783sqm(Approx.)

House | 355sqm(Approx.)

Built | 1964

Council Rates | $4,072.05 pa

Water | $TBC pq

ESL | $363..40 pa

Listing description written by Brandon Pilgrim, Ray White Burnside — 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.