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 › Fernilee Ave
$815,000
Last sold
18 July 2022
6
Bedrooms
3
Bathrooms
2
Car spaces
636 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
$815,000
18 July 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 $1,069/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
-6.6%
Median sale
Suburb $872,500
+0.24 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
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
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 Toop & Toop NorwoodBeautifully located on a quiet court in a highly sought after and enviable suburb....
This home offers an abundance of space, versatility and quality to suit the largest of families looking for the Adelaide foothills lifestyle.
Slate floors grace the entry and flow through to the functional and spacious kitchen with walk-in pantry and meals areas. On either side of the entrance, to the left you have the enormous living and dining areas with floating floorboards and views to the front and rear yards. There is also a bar servicing this living space with access to the main downstairs bedroom with its own entry from the front porch. To the right of the main entrance, you also have a large bedroom.
The lower level also incorporates another option for a large 7th bedroom or a separate rumpus/games room with built-in robes and a full bathroom with access to the rear outdoor entertaining area. The possibility of having extended family utilise this room as a bedroom and living space is perfect, and extremely rare to come across in the current market.
Making your way up the timber staircase, there are 4 extremely good sized bedrooms inc. the master suite with ceiling fan, updated en-suite and sizeable walk-in robe. Out of the remaining 3 bedrooms, 2 include built-in robes and all have access to the centrally located, updated main bathroom. There is also a convenient retreat/tv area, which could also be utilised as a dedicated study. The entire upstairs space is newly carpeted throughout.
Other features inc.;
Double length carport with remote roller door.
18 panel, approx. 6.6kW solar system with 3 phase power - recently installed.
Expansive undercover outdoor entertaining area with 3 x automatic Vergola systems.
Ducted reverse-cycle air-conditioning.
Separate toilet with access from the bar & rear entertaining area.
An abundance of storage throughout the home.
Large garden shed.
Located only a few minutes to multiple amenities, incl. Banksia Park Primary School, Banksia Park High School, St David's Parish School, public transport, Tea Tree Gully Football & Golf Clubs, Highercombe Golf Course, Houghton Districts Football Club and many other sporting clubs. The beautiful walking trails of Anstey Hill Recreation Park, The Gully House & Garden, The Fox & Firkin, Tea Tree Gully Primary, St Agnes Primary School and Shopping Centre, Tea Tree Plaza, Fairview Green Shopping Centre and the O'Bahn Interchange and approx. 25-30 minutes commute to the Adelaide CBD.
For further information, please contact Scott Thomson anytime on 0414 427 427.
Listing description written by Scott Thomson, Toop & Toop Norwood — reproduced as published, not verified by Districts.