Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
SA › Prospect › Michell St
$1,096,000
Last sold
10 Aug 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
307 m²
Land
227 m²
Building
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
$1,096,000
10 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Prospect (last 5 years) with land size have a median of $2,646/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Prospect
-14.8%
Median sale
Suburb $1,286,000
+0.41 pp
Gross yield
Suburb 2.35%
Suburb median $1,286,000 from 48 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
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ProspectPerfectly positioned in a peaceful setting just moments from the heart of Prospect, this beautifully presented home delivers the ideal balance of contemporary style, everyday practicality and low-maintenance living. Built in 2020 and immaculately maintained by its original owner, it offers a fresh, move-in-ready lifestyle suited to families, professionals and downsizers seeking quality without compromise.
Stepping inside, a light-filled hallway leads through to three generous bedrooms, each fitted with built-in wardrobes, while the privately positioned master suite enjoys the added luxury of a walk-in robe and its own ensuite. Soft neutral tones, quality finishes and a thoughtful floor plan create a welcoming atmosphere that feels both modern and effortlessly functional throughout.
At the heart of the home, the spacious open-plan living and dining area provides the perfect setting for everyday living and entertaining. Overlooked by a beautifully appointed kitchen, this impressive space showcases stone bench tops, soft-close cabinetry, a walk-in pantry, breakfast island, quality appliances and generous preparation space, bringing together style and practicality in equal measure.
Sliding doors extend the living space outdoors to a covered alfresco entertaining area, creating an easy transition for weekend gatherings, family dinners or relaxed evenings at home. Surrounding the home are neat, low-maintenance grounds, allowing more time to enjoy the lifestyle this highly sought-after location has to offer.
Comfort is assured year-round with zoned Daikin ducted reverse cycle air conditioning, while the secure double garage with automatic roller door is complemented by additional driveway parking for two more vehicles. Positioned away from through traffic within a quiet street, yet only moments from Prospect Road's vibrant cafe and dining precinct, quality schools, shopping and public transport, this is an outstanding opportunity to secure a modern home in one of Adelaide's most desirable city-fringe suburbs.
Additional Features:
• Parking for up to four vehicles (two in garage and two on driveway)
• Stone benchtops to the main bathroom and ensuite
• Euro dishwasher
• Westinghouse 600mm electric cooktop
• Blinds fitted throughout the home, including all bedrooms
• Pedestrian access gate
• Approx. 2.7m ceilings
• Zoned for Adelaide Botanic High School and Adelaide High School
• Nearby schools include: Rosary School, Prospect Primary School, Nailsworth Primary School, Brompton Primary School, Prospect North Primary School, Blackfriors Priory School, Our Lady of the Sacred Heart School
Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate, however, and we accept no liability for any errors or omissions - including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.
As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
Vendors Statement: 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 it starts.
Listing description written by Stefan Siciliano, Ray White Prospect — 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.