Northgate at a glance
3,118
People
$1,018,000
Median sale
$660/wk
Median rent
3.37%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Northgate › Meadowbank Tce
$520,000
Last sold
28 Feb 2020
3
Bedrooms
1
Bathrooms
2
Car spaces
379 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
$520,000
28 Feb 2020 · derived via latest_sale
Local land rate: recorded House sales in Northgate (last 5 years) with land size have a median of $2,179/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Northgate at a glance
3,118
People
$1,018,000
Median sale
$660/wk
Median rent
3.37%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Northgate
-48.9%
Median sale
Suburb $1,018,000
+3.23 pp
Gross yield
Suburb 3.37%
Suburb median $1,018,000 from 10 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 $660/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
Northgate at a glance
3,118
People
$1,018,000
Median sale
$660/wk
Median rent
3.37%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by D B Philpott Real EstateThis property is available to buyers for inspection by appointment. Please contact the agent for further details about inspection times. DB Philpott has implemented hygiene policies for all viewings. If you are unwell or have recently travelled overseas, please contact our team to discuss alternate ways to view this property.
You’ll be challenged to compare the quality and presentation of this beautiful three-bedroom stone fronted family home. Some of the distinctive features include durable polished floorboards throughout the main living area, carpets in the bedrooms and a classic bay window in the master bedroom.
The property is fitted with power saving 5 kw solar panels, reverse cycle ducted air conditioning, ceiling fans, built-in robes in the bedrooms and laundry.
A sunny informality is the key feature of the open plan living area, with a well-planned kitchen fitted with gas appliances and a Miele dishwasher. The gable roofed pergola is fitted with ceiling fans and provides you with extra elbow room and simplifies entertaining in a picture-perfect garden setting.
The double garage offers plenty of room to protect your prized possessions.
The only disappointment will be that some people are going to miss out on buying this stunning home. Therefore, please register your interest early as I can’t see this being on the market for long.
Inspect with John Lyrtzis ph 0411507930
John Lyrtzis of DB Philpott Real Estate is proud to service the local area and if you are thinking of selling, give John a phone call to arrange a free no obligation market opinion.
COVID-19
We respectfully request the following attendees do not enter the home:
-Person (s) feeling unwell;
-Person (s) who have travelled internationally or domestically in the last 14 days (irrespective of point of origin)
-Person (s) who have been in contact with a confirmed case of COVID-19 in the last 14 days
If you have answered yes to the above or are in self-isolation, we are able to perform a personal video tour via our video conferencing facilities. Ask us how
If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure’s accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority. Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon. You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice – RLA 46442
Listing description written by John Lyrtzis, D B Philpott Real Estate — reproduced as published, not verified by Districts.