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SA › Unley › Oak Ave

18 Oak Ave, Unley SA 5061

House

$1,355,000

Last sold

23 Nov 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

401 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,355,000 (23 Nov 2024).(Recorded sale)
  • FactLand 401 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Unley (last 5 years) with land size: median $3,252/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

What this lot has actually traded at

Last sold

$1,355,000

23 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Unley (last 5 years) with land size have a median of $3,252/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Unley at a glance

4,630

People

$1,636,000

Median sale

$602/wk

Median rent

1.91%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Unley report →

Vs Unley

-17.2%

Median sale

Suburb $1,636,000

+0.40 pp

Gross yield

Suburb 1.91%

Suburb median $1,636,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,355,00023 Nov 2024
  2. Listedprice unknowncompleted31 Oct 2024
  3. Listedprice unknowncompleted31 Oct 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?

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 $602/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.

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

Unley in one glance

Unley at a glance

4,630

People

$1,636,000

Median sale

$602/wk

Median rent

1.91%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Unley report →

Keep researching

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

Listing material

Listed by Harris Real Estate Kent Town

A C1910 cottage cutie with untapped promise on its prestigious street…

Built C1910 and last sold in 1989, this cute-as-pie symmetrical cottage enters a new dawn ripe with potential on its quaint north-south plot facing one of Unley's most beautiful streets.

With that symmetry comes four original main rooms, each as versatile as the next and proud of their polished timber floors, high ceilings and the generous dimensions to take Queen beds or formal lounge duties in their stride.

A rear addition is home to a no-frills kitchen and partnering melas/family, topping off a simple-but-very-effective layout that you could rejig and/or extend further into a quaint rear yard with easy-care gardens and double lock-up garage with remote entry, power, concrete floors and your project car, hobby or work trailer in mind.

Read the full description

Neat as a pin in its current state, there's nothing stopping you from setting and forgetting this 3-bedroom home somewhere in the vicinity of $700/week, giving you valuable time to plot your grand plans - whether cosmetic, comprehensive or both.

In the meantime, lap up its blue chip locale and the lifestyle it affords within a stroll of Unley and King William Roads' cosmopolitan bars, salons, boutiques and progressive eateries. For lovers of all things Fringe, fresh food and footy; the Central Market, CBD and Unley Oval are just a stroll, jog, pedal or short drive away. Let the new dawn begin.

More to love:

- Zoned for Unley Primary & Glenunga International High School

- A strong rental history with an earning potential of $690 per week

- Ducted reverse cycle air conditioning throughout

- Reverse cycle split system to the rear

- Main bathroom with bath & separate shower

- Separate laundry

- Double automatic lock-up garage at rear

- Rear yard with lush lawns and established fruit trees

- Rainwater tank

- A stroll from public transport and Unley Shopping Centre

- Just a 5-minute drive from the CBD

Specifications:

CT / 5856/960

Council / Unley

Zoning / EN

Built / 1910

Land / 401m2 (approx)

Frontage / 12.19m

Council Rates / $2,151pa

Emergency Services Levy / $216.50pa

SA Water / $257.43pq

Estimated rental assessment / $700 - $770 per week / Written rental assessment can be provided upon request

Nearby Schools / Unley P.S, Goodwood P.S, Gilles Street P.S, Sturt Street Community School, Glenunga International H.S, Mitcham Girls H.S, Urrbrae Agricultural H.S

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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Listing description written by Kris Casey, Harris Real Estate Kent Town — 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.