Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
$765,000
Last sold
24 Oct 2022
2
Bedrooms
1
Bathrooms
2
Car spaces
287 m²
Land
140 m²
Building
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
$765,000
24 Oct 2022 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Prospect (last 5 years) with land size have a median of $2,646/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Prospect
-40.5%
Median sale
Suburb $1,286,000
+1.61 pp
Gross yield
Suburb 2.35%
Suburb median $1,286,000 from 48 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 $582/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
UnknownArea
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Danielle Comer or Rachael Farror for viewing times.
Located on a quiet street in the prestigious city fringe suburb of Prospect, you will be sure to put this immaculately presented Torrens Titled home at the very top of your list. You will find all of the amenities you could ever need close by along Prospect Road, and with the fantastic city parklands only a quick walk away as well as being close to public transport and the popular walking and cycling trails along the River Torrens, it's a fantastic opportunity for investors and those wishing to move into this popular lifestyle location.
With an inviting kerbside appeal, you are greeted by a secure brush fence that opens up into a lovely South-East facing front courtyard with a neatly landscaped garden and quality tiling, making it the perfect spot to enjoy your morning coffee.
The home's clever floor plan begins with a welcoming entrance, where beautiful timber-like floors combined with high ceilings and a neutral palette bathed in natural light welcome you with open arms. It will be love at first sight for those who hold the kitchen as the heart of the home. Overlooking the home's open plan living and dining area, it has been beautifully appointed with quality appliances including a dishwasher and gas cooktop plus a pantry and a raised breakfast bar that creates an ideal gathering spot for your family and friends when entertaining while also allowing for maximum preparation space.
Your choice of two good-sized bedrooms both include built-in robes, and easy access to the ultra-modern main bathroom, its functional design makes room for a bath, shower, toilet, and vanity while a skylight here lets in plenty of natural light.
From the open plan living, glass timber framed doors open out to a trendy alfresco paved entertaining area, perfect for afternoon BBQs and casual dining, the established surrounding garden creating a beautiful and private place for the kids and pets to enjoy with fabulous privacy, while a skillion roof pergola allows the space to be used throughout the seasons.
Additional extra features we love include: a single carport, split system heating and cooling plus a gas heater, gas instantaneous hot water, a rainwater tank, and two garden sheds.
Perfectly positioned in a leafy central location within minutes of public transport to take you straight into the CBD, this property is immediately liveable and ready to enjoy, and conveniently close to restaurants, cafes and elite public and private schools. It's the ultimate opportunity for home buyers looking to move straight in, or investors wanting attractive rental returns.
All floorplans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
(RLA 222182)
Listing description written by Danielle Comer, Magain Real Estate — reproduced as published, not verified by Districts.
Nearby 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.