Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Tea Tree Gully › Hancock Rd
$700,000
Last sold
24 Sept 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
386 m²
Land
137 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
$700,000
24 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,069/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Tea Tree Gully
-19.8%
Median sale
Suburb $872,500
+0.85 pp
Gross yield
Suburb 3.47%
Suburb median $872,500 from 14 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
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Adelaide CityWelcome to 197A Hancock Road, a delightful three-bedroom home offering the perfect balance of comfort, style, and convenience. Nestled in a family-friendly location, this property is ideal for first home buyers, growing families, or investors seeking a solid opportunity in a sought-after suburb.
Key Features:
* Bedrooms: 3 well-sized bedrooms, including a master with walk-in robe and direct access to the two-way/three-way bathroom
* Bathroom: Modern and well-appointed with quality fixtures and finishes
* Garage & Parking: Secure single garage plus driveway parking for two additional vehicles
* Land Size: 386sqm of low-maintenance outdoor space
* Living Space: 137sqm of thoughtfully designed layout
Property Highlights:
* Spacious open-plan living and dining, perfect for family gatherings and entertaining
* Modern kitchen with gas cooking, walk-in pantry, built-in wine rack, and ample bench space
* Bedrooms 2 and 3 generously sized, with Bedroom 2 featuring a built-in robe
* Centrally located split system air conditioning for year-round comfort
* Easy-care yards, ideal for busy lifestyles
* Plenty of off-street parking, with space for up to three vehicles
* Solar panels to help save on energy costs
Outdoor Living:
Enjoy relaxing outdoors in the private backyard. The space offers plenty of potential for gardening enthusiasts or those who simply love to unwind in the fresh air.
Location:
Perfectly positioned close to schools, local shops, public transport, and parks, this home provides everyday convenience while being part of the welcoming Tea Tree Gully community. With all essential amenities nearby, it's a location that truly has it all.
Auction Details:
Wednesday, September 24th at 4:30 PM (USP)
Don't miss your chance to secure this wonderful property. Join us at the auction or contact us today to arrange a private viewing.
Do not let this exceptional opportunity slip away! We encourage you to register your interest promptly to secure your chance to own this remarkable home. Contact Sumit Khatri 0433 577 970 or Marco Lai 0433 733 368 for any further information.
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 inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the Ray White Adelaide City office (2/127 Hutt Street, Adelaide) for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Sumit Khatri, Ray White Adelaide City — 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.