Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Happy Valley › Snaefell Ave
$850,000
Last sold
10 June 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
601 m²
Land
133 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
$850,000
10 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Happy Valley (last 5 years) with land size have a median of $1,025/m² of land (n=159). Districts calculation from recorded sales — not a valuation.
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Happy Valley
-1.8%
Median sale
Suburb $865,250
+0.07 pp
Gross yield
Suburb 3.83%
Suburb median $865,250 from 12 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 $637/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
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Danielle Comer from Magain Real Estate for all your property advice.
Perfectly positioned on an elevated block in the family-friendly suburb of Happy Valley, this well-presented home captures a beautiful outlook over the reservoir and promises a lifestyle of comfort, convenience, and outdoor enjoyment. From the moment you arrive, you're welcomed by a charming front porch paired with a pergola, creating a versatile second entertaining space where you can soak in the panoramic views, enjoy your morning coffee, or relax at the end of the day.
Freshly painted and filled with natural light, the home opens to a bright and inviting formal lounge where a beautiful bay window frames the scenic outlook. Comfort is assured year-round with a ceiling fan, cosy gas heater, and split system air conditioning, while a built-in study nook here adds a practical touch, ideal for remote work or a quiet spot for the kids to focus.
Adjacent to the formal living area is the heart of the home, a spacious kitchen overlooking the family living and casual meals area. This timeless kitchen features a freestanding oven with a gas cooktop, plenty of cupboard storage, and ample bench space. A window above the bench provides a lovely outlook to the rear yard, filling the space with natural light and a sense of connection to the outdoors.
The master bedroom features a built-in robe and direct access to the stunning recently upgraded main bathroom, while a separate toilet enhances functionality for family living. Bedrooms two and three are well-sized and both include built-in robes and ceiling fans. A modern, separate laundry offers convenience with direct outdoor access.
The fully fenced front yard features a neat lawn, providing a safe and secure space for children and pets to play. At the rear, the thoughtfully paved and landscaped garden beds create the perfect haven for green thumbs. A handy tool shed offers extra storage, while dual rainwater tanks help keep the garden thriving, and a 3.6kW solar panel system will help to reduce those rising electricity costs. Situated on a corner block, the property benefits from secure access via a side gate leading to a double-door garage, adding an extra layer of practicality to this already well-appointed home.
This is a wonderful opportunity to secure a freshly updated home that truly ticks all the boxes, whether you're a growing family, downsizer, or savvy investor. Set in the highly sought-after and family-friendly suburb of Happy Valley, you'll enjoy not just a comfortable and stylish property but a relaxed lifestyle, great schools, beautiful parks, and convenient amenities that make this community so special. It's more than just a home; it's a place to live, grow, and thrive.
Please note that all floorplans, photos, and text are for illustrative 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.
Magain Real Estate Happy Valley
RLA | 222182
Listing description written by Danielle Comer, Magain Real Estate — reproduced as published, not verified by Districts.