Northgate at a glance
3,118
People
$1,018,000
Median sale
$660/wk
Median rent
3.37%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Northgate › Mornington Tce
$770,000
Last sold
9 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
420 m²
Land
131 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
$770,000
9 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Northgate (last 5 years) with land size have a median of $2,253/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Northgate at a glance
3,118
People
$1,018,000
Median sale
$660/wk
Median rent
3.37%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Northgate
-24.4%
Median sale
Suburb $1,018,000
+1.09 pp
Gross yield
Suburb 3.37%
Suburb median $1,018,000 from 10 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 $660/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
UnknownNearby 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.
Area
Northgate at a glance
3,118
People
$1,018,000
Median sale
$660/wk
Median rent
3.37%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://my.matterport.com/show/?m=2V945oqofEu
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this gorgeous 4 bedroom, 2 bathroom, 2 car garage modern residence nestled in a friendly neighbourhood, and boasting lovely street appeal with a rendered exterior and low maintenance gardens. The property is currently tenanted with a fixed lease of $500 pw in place until 23/10/2023.
Step inside and be wowed by the contemporary, bright interiors featuring an open flowing floorplan & ducted air conditioning throughout. The spacious combined kitchen/meals/family area at the rear of the home flows seamlessly to the outdoor verandah and gardens, making it perfect for entertaining and hosting.
Functionally designed, the spacious kitchen comes complete with plenty of cupboards, modern appliances, a walk-in pantry, and a wrapping preparation bench with lots of space to whip up a delicious meal. You can dine indoors or take the party outside to the breezy covered verandah, lush gardens with established plants, and secure backyard, creating the perfect space for a summer BBQ with friends while the kids & pets play.
Retreat to the separate lounge room for a movie, or to your choice of 4 bedrooms. The guest rooms boast built-in wardrobes, while the master bedroom is a true parents retreat with a large walk-in wardrobe and a private en-suite. Easily accessible, the central bathroom features a deep bathtub, a shower, good vanity storage, and a separate water closet.
Fantastic property features include:
• 4 bedrooms, 2 living areas and 2 bathrooms
• Ducted evaporative air conditioning throughout
• Easy care tiled floors & comfortable plush carpets in the living areas
• Internal laundry room with excellent storage space
• Lovely outdoor space with secure yard
• All bedrooms equipped with storage, master with a WIR + en-suite
• Secure double garage with a front automatic roller door and drive-through access
• Close to a range of parks, schools, shopping, and dining options.
Located in a great spot, this property is within close proximity to a selection of parks and nature reserves, Woolworths Northgate, Hillcrest Primary and Cedar College, Northgate Village & Shopping Centre, a multitude of dining outlets and cafes. It is just a 20-minute drive approx to the Adelaide CBD or 12-minutes to Westfield Tea Tree Plaza.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 2004 (approx)
Land Size / 420sqm (approx)
Frontage / 14m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Port Adelaide Enfield
Council Rates / $1,209 pa (approx)
Water Rates (excluding Usage) / $693.02 pa (approx)
Es Levy / $147.45 pa (approx)
Current Rental / Fixed lease of $500 pw in place until 23/10/2023
Title / Torrens Title 6128/747
Easement(s) / Subject to service easement for drainage - See title
Encumbrance(s) / To AV Jennings Ltd.
Internal Living / 131sqm (approx)
Total Building / 177.7sqm (approx)
Construction / Brick Veneer
Gas / Connected
Sewerage / Mains
Selling Investment
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/DIDdi7
Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.