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SA › Gilberton › Park Tce

2 Park Tce, Gilberton SA 5081

House

$1,210,000

Last sold

27 Nov 2024

5

Bedrooms

2

Bathrooms

3

Car spaces

506.006 m²

Land

240 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 $1,210,000 (27 Nov 2024).(Recorded sale)
  • CalculationRecorded House sales in Gilberton (last 5 years) with land size: median $4,738/m² of land (n=6). 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

$1,210,000

27 Nov 2024 · derived via latest_sale

Local land rate: recorded House sales in Gilberton (last 5 years) with land size have a median of $4,738/m² of land (n=6). Districts calculation from recorded sales — not a valuation.

Gilberton at a glance

1,566

People

$645,750

Median sale

$640/wk

Median rent

5.15%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Gilberton report →

Vs Gilberton

+87.4%

Median sale

Suburb $645,750

-2.40 pp

Gross yield

Suburb 5.15%

Suburb median $645,750 from 7 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$1,210,00027 Nov 2024
  2. Listedprice unknowncompleted24 Oct 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 $640/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

Gilberton in one glance

Gilberton at a glance

1,566

People

$645,750

Median sale

$640/wk

Median rent

5.15%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Gilberton report →

Keep researching

  • Why Gilberton? Read the area thesis →
  • What else is on the market in Gilberton →
  • Other records on Park Tce →

Listing material

Listed by One Point Eight Real Estate

Endless Possibilities: Historic 1915 Home with a Flexible Floor Plan

Welcome to 2/2 Park Terrace, Gilberton-a beautifully preserved 1915 character home on a generous 494 m² block, offering the perfect blend of old-world charm and modern versatility. With 5 bedrooms, 2 bathrooms, and flexible living arrangements, this property is designed to adapt to your needs.

What makes this home truly unique is its flexible floor plan, offering two distinct options:

Option 1: A grand 5-bedroom, 2-bathroom family home. With spacious rooms, original period features, and plenty of space for growing families, this layout provides the perfect mix of elegance and comfort.

Read the full description

Option 2: Two self-contained dwellings, each with separate entrances. Dwelling 1 features 2 bedrooms and 1 bathroom, ideal as a comfortable primary residence. Dwelling 2 offers 3 bedrooms and 1 bathroom, perfect for use as a rental, guest accommodation, or even a home office. This setup makes it easy to generate extra income or run a business from home while maintaining privacy (STCC).

The home's timeless features include high ceilings, ornate fireplaces, and rich timber floors, all of which add to its charm. The large bathrooms and functional kitchen ensure everyday convenience, while the spacious yard offers room to relax and entertain.

Located in the heart of Gilberton, this home gives you easy access to schools, parks, and all the local amenities, making it the ideal blend of history and practicality.

If you're looking for a home that adapts to your lifestyle, whether for family living, investment, or a work-from-home setup, 2/2 Park Terrace has everything you need.

This property is a true deceased estate, offering a unique opportunity for buyers. As per the instructions of the estate, no price guide has been given, allowing interested parties to explore the potential value based on their own assessment. This is a rare chance to secure a property with significant possibilities, situated within a deceased estate sale process.

RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Listing description written by Michael Gleeson, One Point Eight Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
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.