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 › Fern Ave
$601,501
Last sold
15 Jan 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
680 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
$601,501
15 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,139/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
-31.1%
Median sale
Suburb $872,500
+1.56 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 First National Real Estate Burton GrovesPositioned close to Anstey Hill Recreation Park with its vast walking and nature trails and the Historic Township of Tea Tree Gully, this family home provides a great starting point for first time home buyers or investors/developers looking to increase their property portfolio. Much loved by the current long-term owner the versatile floor plan offers three bedrooms with built in robes and mirrored dresser to the main bedroom plus built in robes to bedroom three that are all serviced by a sparkling updated main bathroom. Multiple living areas comprise of a spacious open plan lounge and dining area and a convenient casual meals area adjacent to the modern updated kitchen complete with induction cook top and ample bench and cupboard space.
Other features include stylish wall trims, built-in shelving and cupboards to lounge, ceiling fans, linen cupboards, awnings to windows and for all year-round comfort there is ducted reverse cycle air conditioning.
Outside offers a decked outdoor entertainment area that looks out to a large rear yard with plenty of room for kids and pets to play. There is ample off-street parking and convenient carport plus a handy approx. 2.4mtr x 3.8mtr garden shed for that extra storage.
Attention investors/developers this property offers an approx. 680sqm allotment with an approx. 18.28mtr frontage x 38.1mtr depth which allows good subdivision potential or an ideal site to build your future dream home all subject to necessary approvals.
Within walking distance of Anstey Hill Recreation Park with its vast array of walking and nature trails. Located close to the Historic Township of Tea Tree Gully that boasts an assortment of local restaurants, St Agnes Primary, Ardtonish Primary, Banksia Park International High school, Tea Tree Gully Golf Course, Tennis courts, St Agnes Primary School, St Agnes Shopping Centre and within walking distance to public transport. Minutes to Tea Tree Plaza and the O-Bahn for a direct transport link to the city.
RLA 1866
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 our office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before commencement.
Listing description written by Connie Tripodi, First National Real Estate Burton Groves — 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.