Marden at a glance
2,793
People
$1,305,000
Median sale
$564/wk
Median rent
2.25%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
2
Car spaces
671 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Marden (last 5 years) with land size have a median of $3,033/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Marden at a glance
2,793
People
$1,305,000
Median sale
$564/wk
Median rent
2.25%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
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 $564/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
Marden at a glance
2,793
People
$1,305,000
Median sale
$564/wk
Median rent
2.25%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodWonderfully located a stone's throw to shops, sporting complexes and scenic walking trails, this much-loved family home in superb original condition offers a range of reasons to pique your interest.
Well positioned on a generous corner block and currently comprised of a large formal living, light and bright dining and kitchen, king size master bedroom with wide windows and built-ins as well as an additional 2 good sized bedrooms divided by a bathroom with separate shower and bathtub.
Meanwhile, the backyard is sunbathed and features a lovely pergola, long workman's garage, great studio or outdoor rumpus and all surrounding a neat patch of lawn and established trees.
Growing families eager to get their foot in this high-demand eastern pocket can tempt their imagination with either creative renovations or completely re-design the block to suit their exact needs, while developers will be happy to entertain a variety of rebuild options with ultra modern townhouses or modern contemporary homes fitting this beautiful leafy location (subject to council planning).
With excellent amenities in walking distance such as the updated Marden Shopping Centre, the Payneham Swimming Centre, MARS Sports Centre as well as the iconic Linear Park Trail virtually at the end of the street - there is a truly vibrant and active lifestyle on offer here.
Situated less than 5km from the CBD and less than 8-minutes to the trendy hub of the Parade Norwood, 2 Peter Court promises to be the dream start of an exciting new chapter where easy living in the east will feel right at home.
Briefly:
• Beautifully presented and much-loved 3-bedroom family home in the prized and leafy east
• Generous corner block positioning and walking distance to local shops, sporting grounds and walking trails
• Incredible development opportunity for families and builders alike (subject to council planning)
• Workable existing footprint for immediate living or temporary renovations and updates
• 3 good sized bedrooms, the master with built-in robes
• Light-filled formal lounge and semi open-plan dining and kitchen
• Sunbathed backyard with large pergola area
• Great outdoor studio or rumpus room
• Long workman's garage and separate tool shed
• Close to Marden Shopping Centre, MARS Sports Centre and Payneham Swimming Centre
• Close to the Parade Norwood and the CBD
Disclaimer: 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.
Ray White Norwood/Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | Norwood Payneham & St Peters
Zone | HDN - Housing Diversity Neighbourhood\\
Land | 671sqm(Approx.)
House | 101sqm(Approx.)
Built | 1964
Council Rates | $1,470.31 pa
Water | $TBC pq
ESL | $381.80 pa
Listing description written by Lawrence Cocca, Ray White Norwood — 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.