Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Port Adelaide › Formby Cres
$1,070,000
Last sold
11 May 2026
3
Bedrooms
2
Bathrooms
5
Car spaces
388 m²
Land
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
$1,070,000
11 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Port Adelaide (last 5 years) with land size have a median of $2,752/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Port Adelaide
+22.6%
Median sale
Suburb $872,500
-0.60 pp
Gross yield
Suburb 3.22%
Suburb median $872,500 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Urban Activity Centre
UAC
Jurisdiction
Port Adelaide Enfield
Port Adelaide Enfield, SA
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
SAZoned Urban Activity Centre · UAC (Planning and Design Code). Official parcel area about 388 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $540/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Urban Activity Centre · UAC (Planning and Design Code). Official parcel area about 388 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Port AdelaideSOLD UNDER INSTRUCTIONS OF THE VENDORS
Nathaniel Kennerdale & Nick Psarros of Ray White Port Adelaide are pleased to present to the market this beautifully maintained 3 bedroom courtyard home. Light, bright and located in the heart of Port Adelaide, this stunning home offers a lifestyle set on a easy care allotment with nothing to do but relax and enjoy! Call Nathaniel Kennerdale today to register your interest!
FEATURES WE LOVE:
*3 good sized bedrooms with ceiling fans
*Master bed features sparking ensuite, walk in robe & bay window
*Easy care allotment - low maintenance
*Family room features carpet
*Quality flooring throughout
*Open plan kitchen, dining and living over looking the rear garden
*Kitchen includes double stainless steel sink, dishwasher, gas cook top & electric oven
*Living areas flooded with natural light with sliding doors to the outdoor entertaining area
*Main bathroom includes spa bath and shower
*Separate toilet
*Large laundry with linen storage, sink and access to the side garden
*Large under cover alfresco for all year around usage
*Tool shed
*Raised garden beds with mature plants, trees and plush lawns
*Off street parking for x2 vehicles
*1x secure carport
*Double garage with drive through access to the back garden
Port Adelaide is fast becoming a suburb of choice for those distinctive homeowners who want to live in an Historic but very cosmopolitan area which offers marina front walk-ways, award winning restaurants, funky cafes, wine bars and the best of Adelaide's Western pubs and only a five minute drive to Semaphore Beach, restaurants and shops.
What's on offer:
$60M Rydges Hotel development on Port Adelaide waterfront
Colac Hotel, Port Adelaide undergoing $12M transformation
Globe Hotel $1.5M rooftop bar redevelopment on St Vincent St, Port Adelaide
Port Adelaide boutique Waterfront redevelopment with retro rooftop bar
New train station and waterfront landscaping developments
2 new childcare centres in the Port: Paisley Park Early Learning & Hessel Early Learning
EATERIES AND PUBS
St George Bakehouse, Lonestar Rib House, Boost Juice, Bakers' Delight, Wendy's, Captain Chicken & Seafood, Sorriso Cucina, Shanghai Teahouse, Sushi Hiro, S2 Thai, Niji Sushi, Yiros Central, Soonta, Banban, L. Law Café, Ucool Bubble T, Banksia Tree café, Historic Mayfair bakery & patisserie, Swedish Tarts, Adobo Co
Port Canal Shopping Centre, Port Mall and Fisherman's Wharf Markets
Korked wine bar, Michonne wine bar, Port Admiral Hotel, Carmine and Co, Low n Slow BBQ, Argo Greek, Drummer Boy Café, La Popular Taqueria, Folklore Café, Dutch Coffee Lab, Pirate Life Brewery
Festivals:
St Jeromes Laneway Festival at Hart's Mill
Wonderwalls Street Art Festival
Fringe in the Port
Pubs in Port Adelaide:
Port Admiral Hotel 1849
Birkenhead Riverview Tavern 1877
The British Hotel 1847
Dockside Tavern 1850
First Commercial Inn 1841
Newmarket Hotel 1879
Port Anchor Hotel 1873
Port Dock Brewery Hotel 1855
Railway Hotel 1856
The Lighthouse Hotel 1857
MAIN TOURIST ATTRACTIONS
National Railway Museum
South Australian Maritime Museum
City of Adelaide Clipper Ship
Austbuilt Maritime Museum
South Australian Aviation Museum
Port River Dolphin Cruise
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Nathaniel Kennerdale, Ray White Port Adelaide — reproduced as published, not verified by Districts.