Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Oaklands Park › Inverness Ave

2 Inverness Ave, Oaklands Park SA 5046

For saleHouse for Sale

$14,112,023

For sale

Asking

2

Bedrooms

1

Bathrooms

4

Car spaces

433 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $14,112,023 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $14,112,023(Listing record · 30 Oct 2023)
  • FactLand 433 m²; no building size recorded.(Property record)
  • CalculationAsk is 1513% above the Oaklands Park median recorded sale ($875,000, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Oaklands Park's advertised median rent ($622/wk), implied gross yield would be 0.23% — 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

$14,112,023

Asking · $32,591/m² of land

No recorded sale for this property.

Oaklands Park at a glance

4,646

People

$875,000

Median sale

$622/wk

Median rent

3.70%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Oaklands Park report →

Vs Oaklands Park

+1512.8%

Median sale

Suburb $875,000

-3.47 pp

Gross yield

Suburb 3.70%

Suburb median $875,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$14,112,023
Stamp Duty (South Australia)
$769,991
Transfer/Registration Fee
$148,088
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
$15,033,802

$921,779 on top of the price (6.5% 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

Pre-filled with Oaklands Park's advertised median rent — not a rent for this listing.

Net yield
-1.27%
Annual cashflow (pre-tax)
$-913,162
Interest cover (DSCR)
-0.24
Annual rent
$32,344
Operating expenses
$211,680
Loan amount
$11,289,618
Annual interest
$733,825
Gross yield
0.23%

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$14,112,023available29 Oct 2023

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 $622/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 0.2%. 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

Oaklands Park in one glance

Oaklands Park at a glance

4,646

People

$875,000

Median sale

$622/wk

Median rent

3.70%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Oaklands Park report →

Keep researching

  • Why Oaklands Park? Read the area thesis →
  • What else is on the market in Oaklands Park →
  • Other records on Inverness Ave →

Listing material

Listed by Ray White Glenelg

Character & charm - your dream home awaits!

This charming, solid brick Torrens Titled cottage has been thoughtfully updated making it an ideal property for first-time homeowners, downsizers and investors. Set on 433 sqm (approx.) of land, it offers a wonderful low maintenance living experience that seamlessly blends timeless charm with modern comfort.

Step inside to plenty of natural light and beautiful pine floors throughout, creating an inviting and warm atmosphere. The kitchen features gas cooking and connects to the open plan living. Two generously sized bedrooms both include built-in robes and ceiling fans and a split reverse cycle air conditioner in the main bedroom ensures a comfortable night's rest in any season. The updated bathroom includes a bath while the laundry has external access and an adjacent toilet.

For those who enjoy outdoor living and entertaining, this property has you covered. The front and rear verandas provide inviting spaces to relax and offer picturesque views of lush gardens making them perfect for alfresco dining or quiet moments in nature.

Read the full description

Additional features include a split reverse cycle air conditioner in the living room, a gas hot water system, electric front gates to enhance privacy and security, parking space for 4+ cars and electric outdoor blackout-blinds in both bedrooms and the living room.

This fantastic home is conveniently located and is only a short walk to Oaklands train station, Westfield Marion and the SA Aquatic Centre. Flinders University and Hospital are a short drive away and the Sturt River walking track is easily accessible, which can take you all the way to Glenelg. The beach is less than 10 minutes away, while the city is just 25 minutes by car.

What we love:

• Torrens Titled cottage on 433 sqm (approx.) land

• Abundant natural light with pine floors throughout

• Kitchen with gas cooking

• Open plan living

• Two bedrooms with built-in robes

• Updated bathroom with a bath

• Updated laundry with additional toilet

• Multiple areas for outdoor entertaining

• Electric front gate for privacy and security

• Parking space for 4+ cars

• Short walk to Oaklands train station, Westfield Marion

• Short drive to Flinders University and Hospital

• Less than 10 minutes to the beach

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.

Listing description written by Samuel Paton, Ray White Glenelg — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.