Renown Park at a glance
1,705
People
$968,500
Median sale
$593/wk
Median rent
3.18%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Renown Park › Cavan Ave
2
Bedrooms
1
Bathrooms
2
Car spaces
647 m²
Land
138 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Renown Park (last 5 years) with land size have a median of $1,494/m² of land (n=22). Districts calculation from recorded sales — not a valuation.
Renown Park at a glance
1,705
People
$968,500
Median sale
$593/wk
Median rent
3.18%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
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 $593/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
Renown Park at a glance
1,705
People
$968,500
Median sale
$593/wk
Median rent
3.18%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodExquisitely perched on a sweeping corner allotment, this solid brick home presents a very desirable opportunity for both younger homebuyers ready to enter the market, and wise developers wishing to demolish, subdivide (STCC) and succeed.
Enjoy the benefits of close proximity to Sam Johnson Sportsground's, Dog Park and Playground, all located just around the corner.
The home is in original condition and offers 2 bedrooms across a 4 main room design. Polished timber floors and high ceilings combine with ornate ceiling roses and cornices to offer a glimpse into an art deco past.
The original art deco fireplace features in a generous L-shaped lounge room, with combined kitchen/dining adjacent.
The kitchen offers the original cabinetry and side-by-side oven cooktop, wide sink and ample room for the dining table.
The bathroom boasts the original terrazzo floor and pedestal basin, while a separate toilet and laundry complete the interior.
Outdoors, sweeping lawns and the original galvanised iron garage seem to dwarf the home, providing a hint to its future use potential, where the real value of this offering is in the land and the potential for subdivision and construction of 2 new homes.
Get creative, do your maths, and get planning, this one will not be on the market long.
Briefly:
* Original solid brick home on generous corner allotment
* 2 street frontages on generous block
* Potential to demolish and subdivide (STCC)
* Great location nearby local sports grounds and dog park
* 2 bedrooms, both of good proportion
* L-shaped living/dining with corner window and original fireplace
* Kitchen with original cabinetry and side-by-side oven/cooktop
* Polished timber floors, high ceilings and decorative cornices
* Bathroom with original terrazzo floor and pedestal basin
* Separate toilet
* Traditional laundry
* Double galvanised iron garage via side Street access
Perfectly located only 5km from the CBD and within easy reach of all amenities. Choose shop at Arndale Shopping Centre, Coles Prospect or North Adelaide Village, or duck in to the city and enjoy the atmosphere of Rundle Mall or Adelaide Central Market.
Conveniently zoned to Brompton Primary School and Woodville High School. Private schooling in the area includes St Margarets, St Josephs, The Islamic College of SA, Prescott College and Blackfriars Priory School.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | TBC
Zone | TBC
Land | TBCsqm(Approx.)
House | 138 sqm(Approx.)
Built | TBC
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pq
Vendors Statement: The vendor's statement may be inspected at 249 Greenhill Road, Dulwich for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 278530.
Listing description written by Alex Diamond, Ray White Norwood — 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.