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SA › Glen Osmond › Milne St

2 Milne St, Glen Osmond SA 5064

House

$1,060,000

Last sold

13 July 2016

5

Bedrooms

2

Bathrooms

1

Car spaces

1,045 m²

Land

179 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 $1,060,000 (13 July 2016).(Recorded sale)
  • CalculationLand 1,045 m² against a 179 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Glen Osmond (last 5 years) with land size: median $2,308/m² of land (n=29). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,060,000

13 July 2016 · derived via latest_sale

Local land rate: recorded House sales in Glen Osmond (last 5 years) with land size have a median of $2,308/m² of land (n=29). Districts calculation from recorded sales — not a valuation.

Glen Osmond at a glance

2,158

People

$1,777,750

Median sale

$700/wk

Median rent

2.05%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Glen Osmond report →

Vs Glen Osmond

-40.4%

Median sale

Suburb $1,777,750

+1.38 pp

Gross yield

Suburb 2.05%

Suburb median $1,777,750 from 8 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$1,060,00013 July 2016
  2. Listedprice unknowncompleted8 June 2016

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 $700/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

Glen Osmond in one glance

Glen Osmond at a glance

2,158

People

$1,777,750

Median sale

$700/wk

Median rent

2.05%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Glen Osmond report →

Keep researching

  • Why Glen Osmond? Read the area thesis →
  • What else is on the market in Glen Osmond →
  • Other records on Milne St →

Listing material

Listed by Toop & Toop Norwood

The Epitome of Executive Family Living

Superbly designed, this contemporary home located on the high side of the road, is in one of Adelaide’s most sought after suburbs. It offers a combination of beautiful original features along with a seamless flow of modern elements.

On some 1045sqm of prime land, this substantial home will accommodate an array of families & lifestyle needs. It features beautiful timber flooring, multiple living & entertaining areas and an infusion of natural light.

The open plan living and dining area is enormous. From the living area, French doors lead on to the balcony and from here stunning sunset views light up the home. Timber flooring sweeps through this space and a slow combustion fire place will keep you cosy in the cooler months. The dining area has direct access to the rear timber decked patio area with an outdoor kitchen highlighted by stunning granite bench tops and a vertical garden backdrop. Views across the grassed rear yard and over the in-ground solar heated, salt chlorinated pool makes entertaining a dream.

Read the full description

The kitchen is perfectly located adjacent the dining area. There is an abundance of over head and under bench storage, Caesar stone bench tops, breakfast bar and quality stainless steel appliances. This kitchen will suit the master chef perfectly.

A second sitting area central to the bedrooms is a great area for the children or an escape with a good book.

The master bedroom is truly impressive. A grand entrance leads you into this spacious room. Highlighted by French doors leading to the rear garden it has an ensuite with spa bath and walk in robe.

Bedroom 2, 3, 4 and the study are also well sized and are serviced by the chic centrally located bathroom.

Conveniently located close to quality schools including Seymour College, Linden Park Primary & Glenunga High, public transport and great shopping facilities including Burnside Village. Don’t miss this fantastic opportunity.

What you will love

-An entertainers dream

- Spacious light filled interiors

- Multiple living zones

- windows complete with plantation shutters or the like.

- Ducted reverse cycle air conditioning

- In ground solar heated salt chlorinated pool

- Fruit trees: lemon, orange, peach, nectarine and fig

- Herb Garden

- Automatic irrigation

- 42 x 10.4kw solar panels

- 4 large bedrooms plus study

- Under house storage

Listing description written by Kay Morris, Toop & Toop Norwood — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • In-Ground Pool
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.