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SA › Gilles Plains › Karratta St

2 Karratta St, Gilles Plains SA 5086

House

$631,000

Last sold

30 July 2024

2

Bedrooms

1

Bathrooms

2

Car spaces

283 m²

Land

104 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $631,000 (30 July 2024).(Recorded sale)
  • CalculationRecorded House sales in Gilles Plains (last 5 years) with land size: median $2,036/m² of land (n=107). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$631,000

30 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Gilles Plains (last 5 years) with land size have a median of $2,036/m² of land (n=107). Districts calculation from recorded sales — not a valuation.

Gilles Plains at a glance

4,510

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Gilles Plains report →

Vs Gilles Plains

-28.3%

Median sale

Suburb $880,000

+1.45 pp

Gross yield

Suburb 3.69%

Suburb median $880,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$631,00030 July 2024
  2. Listedprice unknowncompleted9 July 2024

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 $624/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

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

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

Gilles Plains in one glance

Gilles Plains at a glance

4,510

People

$880,000

Median sale

$624/wk

Median rent

3.69%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Gilles Plains report →

Keep researching

  • Why Gilles Plains? Read the area thesis →
  • What else is on the market in Gilles Plains →
  • Other records on Karratta St →

Listing material

Listed by All Adelaide

Corner Convenience & Low Maintenance Appeal

Perfectly positioned on a low maintenance corner allotment of approximately 283m², this refreshing, modern home will provide both security and comfort across a contemporary open plan design, ideal for those starting out, moving up from unit accommodation, downscaling retirees or investors looking for an "easy to rent" addition to their property portfolio.

Crisp floating floors, fresh neutral tones and LED downlights create a desirable modern decor that flows effortlessly across a generous open plan living/family/kitchen area, the ideal space for every day casual relaxation.

Generous living and dining areas provide ample room for your everyday lifestyle, while a quality appointed kitchen features timber grain cabinetry, island breakfast bar, stainless steel appliances, double sink with filtered water, tiled splash backs and plenty of pantry space.

Read the full description

Both bedrooms are well proportioned, both double bed capable and both featuring fresh quality carpets and built-in robes. A bright main bathroom with separate bath and shower will cater for both residents and guests while a separate toilet and walk-through laundry complete a value packed interior.

Outdoors offers a generous lawn covered rear yard with plenty of space for kids, pets and gardeners, completed by a handy garden shed and rainwater tank. Roller shutters to the north facing windows add value and comfort.

A single carport with lock up roller door will securely accommodate the family car while an 8 panel solar system keeps the energy bills low and ducted reverse cycle air-conditioning ensures your summer comfort.

Briefly:

* Modern low maintenance home on desirable corner allotment

* Block size of approximately 283m²

* 2 spacious bedrooms and open plan living

* Generous lounge/dining/kitchen with ample room for every day comfort

* Dining area with sliding doors to the rear yard

* Quality appointed kitchen features timber grain cabinetry, island breakfast bar, stainless steel appliances, double sink with filtered water, tiled splash backs and plenty of pantry space

* Both bedrooms of generous double proportion, both with built-in robes

* Bright main bathroom with separate bath and shower

* Separate toilet

* Walk-through laundry with exterior access

* Spacious laundry covered backyard with garden shed and rainwater tank

* Ample room for future outdoor or alfresco improvements (STCC)

* Single lock-up carport with auto roller door

* Off street parking available in the driveway

* Ducted reverse cycle air-conditioning throughout

* Roller shutters to the main North facing windows

* 8 solar panels for reduced energy bills

Quietly located within easy reach of the numerous parks and reserves in the local area including Wandana Reserve and playground just a short walk away. The Dry Creek Linear Reserve, Valley View Golf Course and Thomas Turner Reserve are all in the local area.

Public transport is a short walk away to Wandana Avenue and Grand Junction Road, perfect for your daily commute.

Local schools include Wandana Primary & Early Learning, (just a short walk away), St Pauls College, TAFE SA Gilles Plains, Pinnacle College, Dernancourt Primary School and the Colleges of Northgate. The zoned public secondary school is Avenues College.

Gilles Plains Shopping Centre is just down the road for your weekly groceries, with Tea Tree Plaza also available for quality lifestyle shopping.

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 enquiries and obtain their own legal and financial advice.

The vendor's statement (Form 1) will be made available at 193 North East Road Hampstead Gardens for 3 consecutive business days prior to the Auction as well as at the premises on the day 30 minutes prior to the Auction.

Listing description written by Blake Bryant, All Adelaide — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.