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SA › Craigburn Farm › Richman Ct

2 Richman Ct, Craigburn Farm SA 5051

House

$1,610,000

Last sold

17 Aug 2024

4

Bedrooms

2

Bathrooms

3

Car spaces

802 m²

Land

337 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 $1,610,000 (17 Aug 2024).(Recorded sale)
  • CalculationRecorded House sales in Craigburn Farm (last 5 years) with land size: median $2,063/m² of land (n=66). 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

$1,610,000

17 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Craigburn Farm (last 5 years) with land size have a median of $2,063/m² of land (n=66). Districts calculation from recorded sales — not a valuation.

Craigburn Farm at a glance

3,319

People

$1,510,000

Median sale

$613/wk

Median rent

2.11%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Craigburn Farm report →

Vs Craigburn Farm

+6.6%

Median sale

Suburb $1,510,000

-0.13 pp

Gross yield

Suburb 2.11%

Suburb median $1,510,000 from 23 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$1,610,00017 Aug 2024
  2. Listedprice unknowncompleted28 July 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 $613/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

Craigburn Farm in one glance

Craigburn Farm at a glance

3,319

People

$1,510,000

Median sale

$613/wk

Median rent

2.11%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Craigburn Farm report →

Keep researching

  • Why Craigburn Farm? Read the area thesis →
  • What else is on the market in Craigburn Farm →
  • Other records on Richman Ct →

Listing material

Listed by Magain Real Estate

SOLD BY SANDY ROBINSON.

Please contact Sandy Robinson from Magain Real Estate for all your property advice.

A commanding , chalet style frontage set on 802sqm (approx.) with a picturesque gully backdrop calls you home. This stunning corner property stands at three levels , seamlessly working in with the natural slope of the block.

There is a place of refuge on every level.

Read the full description

Entering at ground level , set off Austin Court offers a three car garage, set to attract the car enthusiast or those needing a workshop from home. The vast space has just been carefully resurfaced and conveniently offers additional workshop space and storage in the main room. Additionally , two extra spaces behind doors have been incredibly fit out as further storage and a u-shaped workshop , which could offer a multitude of purposes. From this level follow the six timber stairs directly from the garage to bring you inside the main level of the home, perfect access to bring up groceries or dodge the elements.

If entering from Richman Court , your entrance takes you down a paved walkway , passing an idyllic water feature and to the grand double front doors of the home. On first entry , the Jarrah floors strike you with a sense of style and warmth. Light beams through the glass windows of the living space calling you into this warm space. The centre- piece of the home offers a stunning open plan kitchen ,dining and living space , perfect for large family gatherings or get togethers. A Farquar kitchen has been designed with thick Corian bench tops and its functional shape makes for the perfect space to cook a home meal. When sitting down for a meal in this dining space , be awed by the addition of two large velux skylights and architectural timber beams framing the abundant natural light.

To the left of the living is a dedicated wing , offering two good sized bedrooms with robes , a laundry with direct outside access and a well-appointed bathroom. Perfect if you have guests staying over or if the children want their own dedicated space.

Continuing this level , the flexible study/ bedroom near the front entrance and another two versatile spaces for living , lounging or sleeping. A large lounge room is beautifully complimented with a built-in gas fire and a northern aspect beaming in light. Imagine yourself sitting here by the gas fire while taking in the world through the rounded feature windows , spanning from floor to ceiling.

The large master bedroom can also be found on this level – with the current owners having cleverly added a walk-behind robe in additional to the wall full of built in cupboards offering ample storage. The ensuite is spacious and functional and the balcony can be enjoyed directly from the master through French doors.

If you want to take in everything the outside has to offer ,remain on this level and head back through the open plan living and out the glass doors to the entertainer's haven ! Outdoor heaters , lighting , a huge ceiling fan and speakers from the ceiling shine down on the entire outdoor kitchen. Stone bench tops, a double glass door fridge , surround a 5 burner Beef-Eater BBQ perfect for a quick evening meal . A space that can be used all year round by sliding down the outdoor blinds to create a protected outdoor room. Once you've finished your meal take yourself over to the enticing 14 person , swim spa that's steams up for a relaxing dip under the sun or stars. A perfect place for entertainment or just to potter quietly in the well-established garden and grassed area and take in the outside.

Back inside , if you don't want to retreat on the main level just follow the feature timber stair case up to level three. Adding to the opulence of your journey the chandelier guides you into a loft / theatre – again offering another balcony to the view.

This space is set up as space to watch your favourite film , get some work done in peace, or just take a moment out.

This property truly is a home of class and sophistication. Located in the highly regarded suburb of Craigburn Farm , it is just minutes away from parks , transport , great schools, amazing cafes and the convenience of local stores.

A few extra reasons to love this home

+ 16kw solar system and battery

+ Three-phase power

+ Watering system

+ Garden shed

+ Internal wall insulation and sarking

+ Upgraded kitchen taps and dishwasher

+ Built in wall vacuum

+ Freshly painted render

Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.

(RLA 299713)

Magain Real Estate Brighton

Independent franchisee - Denham Property Sales Pty Ltd

Listing description written by Sandy Robinson, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Gas Heating
  • Outdoor Entertaining
  • Pet-Friendly
  • Reverse Cycle Aircon
  • Secure Parking
  • Shed
  • Solar Panels
  • Vacuum System
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.