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SA › Clarence Park › George St

2/3 George St, Clarence Park SA 5034

For saleTownhouse

$845,000–$885,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $845,000–$885,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $845,000–$885,000(Listing record · 13 Aug 2026)
  • CalculationAsk is 40% below the Clarence Park median recorded sale ($1,401,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Clarence Park's advertised median rent ($546/wk), implied gross yield would be 3.36% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$845,000–$885,000

Asking range

No recorded sale for this property.

Clarence Park at a glance

2,693

People

$1,401,000

Median sale

$546/wk

Median rent

2.03%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Clarence Park report →

Vs Clarence Park

-39.7%

Median sale

Suburb $1,401,000

+1.33 pp

Gross yield

Suburb 2.03%

Suburb median $1,401,000 from 11 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
$845,000
Stamp Duty (South Australia)
$40,305
Transfer/Registration Fee
$8,753
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
$897,758

$52,758 on top of the price (6.2% 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 Clarence Park's advertised median rent — not a rent for this listing.

Net yield
1.86%
Annual cashflow (pre-tax)
$-28,223
Interest cover (DSCR)
0.36
Annual rent
$28,392
Operating expenses
$12,675
Loan amount
$676,000
Annual interest
$43,940
Gross yield
3.36%

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$845,000–$885,000available13 Aug 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 $546/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 3.4%. 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

Clarence Park in one glance

Clarence Park at a glance

2,693

People

$1,401,000

Median sale

$546/wk

Median rent

2.03%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Clarence Park report →

Keep researching

  • Why Clarence Park? Read the area thesis →
  • What else is on the market in Clarence Park →
  • Other records on George St →

Listing material

Listed by Gary J Smith Real Estate Plympton

Stylish Townhouse Living in a Sought-After City Fringe Location

Positioned in the popular suburb of Clarence Park, this attractive two-storey townhouse offers the perfect combination of comfort, convenience and easy-care living. Built in 1990 with an appealing street frontage, it presents an outstanding opportunity for first home buyers, professionals, investors or those seeking a quality city-fringe base.

Step inside through the charming front courtyard & into a spacious and light-filled open-plan lounge and dining area, creating an inviting space to relax or entertain. The practical gas kitchen (Bosch appliances) is well equipped with a dishwasher, gas cooktop, rangehood and ample cupboards, while a generous under-stair storage area provides valuable extra space. Completing the lower level is a functional laundry and the convenience of a second toilet.

Upstairs offers three well-proportioned bedrooms with the generous master featuring large built-in robes, a ceiling fan and direct access to a private north-facing balcony - an ideal spot to enjoy your morning coffee. The centrally located bathroom services all bedrooms and includes a bath, separate shower, vanity and toilet.

Read the full description

Outside the spacious rear courtyard provides an excellent setting for entertaining family and friends or simply enjoying a quiet afternoon outdoors. A garden shed offers additional storage while handy rear access leads directly to the allocated car parking area. A gas storage hot water service completes the outdoor amenities.

Additional features include ducted reverse cycle air conditioning for year-round comfort, durable floating timber flooring, quality carpets, timber blinds to all three bedrooms, NBN connectivity and the bonus of a solar system to help reduce ongoing energy costs.

Perfectly situated, you'll enjoy easy access to an abundance of lifestyle options. The vibrant café, restaurant and specialty shopping precincts of both Goodwood Road and King William Road are just moments away, while excellent public transport options make commuting into the Adelaide CBD nice & easy. Located only 4–5 kilometres from the city, you can be in the heart of Adelaide within minutes by car or enjoy a relaxed 15-minute bus journey.

Families will appreciate the proximity to several well-regarded schools, including Goodwood Primary School, Black Forest Primary School and Cabra Dominican College.

Offering exceptional value in one of Adelaide's most tightly held city-fringe suburbs, this immaculately presented townhouse combines lifestyle, location and practicality in equal measure. Whether you're looking to move straight in or secure a quality home close to the CBD, this is an opportunity not to be missed.

Price: $845,000 - $885,000

Built in 1990

City of Unley Council

CT 5001/847

Strata Manager 'Horner Management'

Strata Fees $635.75pq (includes Sinking Fund $150pq)

Council Rates $1317.95pa

Water Rates $202.15pq

Listing description written by Steven Stretch, Gary J Smith Real Estate Plympton — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Living Areas: 1
  • Outdoor Entertaining
  • Solar Panels
  • Toilets: 2
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.