Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Tea Tree Gully › Parkview Dr
$600,000
Last sold
18 Aug 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
694 m²
Land
93 m²
Building
Districts View
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
$600,000
18 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,139/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Tea Tree Gully
-31.2%
Median sale
Suburb $872,500
+1.57 pp
Gross yield
Suburb 3.47%
Suburb median $872,500 from 14 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
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Turner Real Estate AdelaideBuilt in 1970, this well set-out family home offers plenty of room with boundless potential for the years ahead.
Ideally situated on the foot of the Adelaide hills, this generous 694sqm (approximately) corner block boasts a wide 22.67m (approximately) frontage onto Heath Street and a 21.9m (approximately) frontage onto Parkview Drive. This family home offers the new owners the perfect lifestyle located in close proximity to numerous amenities.
Inside you will find a practical layout consisting of three good sized bedrooms, central bathroom, spacious open-plan kitchen and dining area with an adjoining lounge room. For the adults to enjoy there is also an additional workshop/shed to the rear of the property. Completing the well-designed floorplan is the beautifully landscaped rear gardens with an abundance of room for you to live and play!
The opportunities are endless for those seeking an affordable home on a more traditional sized allotment, renovation project (subject to planning consents), investors looking to rent out and reap the rewards and any astute developers looking to add to their portfolio.
Features that make this home special:
- Master bedroom with ceiling fan
- Charming original kitchen with gas cooking, ample cupboard space
- Separate walk-in pantry
- Central main bathroom complete with large shower and bath and adjoining toilet
- Laundry with linen storage and external access
- Polished floorboards throughout
- Generous undercover outdoor entertaining area
- Spacious workshop/shed
- Double carport with off street parking for two cars
- Reverse cycle heating and cooling + Gas heater
- Gas hot water system
- Corner allotment
Located only minutes away from St Agnes Shopping Centre, a variety of sought after schools including St Agnes Primary School, parks including Anstey Hill and public transport options including the city via the O-Bahn. Additionally being within close proximity to all of the shopping and entertainment that Tea Tree Plaza has to offer.
CT / 5292/19
Title / Torrens Title
Building Size / 223 sqm approx
Year Built / 1970
Land Size / 694 sqm approx
Council / City of Tea Tree Gully
Council Rates / $1,431.93 p.a.
ESL / $116.00 p.a
Water & Sewer / $146.65 p.q.
Zoning / General Neighbourhood
Speak to TURNER Property Management about managing this property
#expectmore
RLA 62639
Listing description written by Tyson Benbow, Turner Real Estate Adelaide — 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.