Surrey Downs at a glance
3,699
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Surrey Downs › Summit St
$520,000
Last sold
13 July 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
740 m²
Land
125 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
$520,000
13 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Surrey Downs (last 5 years) with land size have a median of $1,042/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Surrey Downs at a glance
3,699
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Surrey Downs
-38.9%
Median sale
Suburb $850,500
+2.39 pp
Gross yield
Suburb 3.77%
Suburb median $850,500 from 17 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 $616/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
Surrey Downs at a glance
3,699
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through*
Virtual Tour Link: https://my.matterport.com/show/?m=KgKcum7JaNm
To submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm
Matt Ashford and Edge Realty are proud to present to the market 2 Summit Street, Surrey Downs.
Nestled along a quiet cul-de-sac behind manicured gardens and vibrant rose bushes is this much-loved and beautifully presented double brick home. An impressive list of updates ensures the lucky new owners of this Surrey Downs property can simply move in and start enjoying their new enviable lifestyle from day one.
From the entry, cavity sliding doors open to reveal a light-filled and generous lounge and dining zone where you can rest and recharge at the end of the day. There is a central and updated kitchen with stainless steel appliances, an induction cooktop, a 1.5 sink and overhead cupboards along with a skylight that draws soft natural light into the space.
Extending the living space even further is a large rumpus set at the rear of the home with direct access to bedroom three and the outdoor entertaining area. This bonus space could be used as a playroom for the kids, a teenagers' retreat, a games room or even as a home office, depending on your needs.
All three bedrooms are great size, have large built-in robes, carpet and are just steps from the updated bathroom with a bath, shower and separate toilet.
No matter the weather outside, you can host guests in absolute comfort in the semi-enclosed verandah and outdoor entertaining area. A ceiling fan, bar heaters and cafe blinds create a private and climate-controlled haven that promises endless hours of fun year-round.
The new owners are also sure to love:
- Ducted evaporative cooling and ducted gas heating throughout the home
- An updated laundry with sleek white cabinets and external access
- A 6.4x11.9m lock-up carport leading to the 5.3x6.1m garage/workshop with power and lights
- An eight-panel solar system, 5,000l plumbed rainwater tank servicing an automatic irrigation system
- A good-size fenced backyard with two garden sheds offering additional storage
This delightful family home is only a short walk from Surrey Downs Primary School and the local kindergarten while the Tea Tree Gully Golf course is also within easy reach. The Primewest Fairview Green shopping hub is just minutes away along with bus stops, picturesque parks and The Grove Shopping Centre.
Call Matt Ashford to inspect!
Year Built / 1969 (approx)
Land Size / 740sqm (approx)
Frontage / 20.7m (approx)
Zoning / General Neighbourhood - Residential
Local Council / City of Tea Tree Gully
Council Rates / $1,415 pa (approx)
Water Rates (excluding Usage) / $564 pa (approx)
Es Levy / $114 pa (approx)
Estimated Rental / $415 - $425 per week
Title / Torrens Title
Easements / Nil
Internal Living / 125sqm (approx)
Total Building / 297sqm (approx)
Edge Realty are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Matt Ashford, Edge Realty — 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.