Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Athelstone › Melaleuca Dr
$1,230,000
Last sold
8 Feb 2025
6
Bedrooms
3
Bathrooms
4
Car spaces
590 m²
Land
428 m²
Building
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
$1,230,000
8 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Athelstone (last 5 years) with land size have a median of $1,667/m² of land (n=97). Districts calculation from recorded sales — not a valuation.
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Athelstone
+7.9%
Median sale
Suburb $1,140,000
-0.21 pp
Gross yield
Suburb 2.83%
Suburb median $1,140,000 from 35 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 $620/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
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by All AdelaidePremium Family Living with Uninterrupted Panoramic Reserve Outlook
Perfectly positioned on a large traditional allotment boasting an uninterrupted elevated outlook over Wadmore Conservation Park from the deck, and fabulous views of Blackhill from the front of the house. This fabulous executive residence offers an inspirational lifestyle of casual comfort ideal for the refined executive family.
Enjoy direct access to your very own nature park, via the nature reserve that is your next-door neighbour, and it's only a 15-minute comfortable walk through Wadmore Park to the prestigious St Ignatius' College. Enjoy the absolute peacefulness and tranquil living, as well as the soul soothing sights and sounds of nature from the elevated rear pergola, where uninterrupted views over the adjacent Conservation Park provide a phenomenal botanical outlook for your everyday living and alfresco entertaining. You can see through to the ocean and New Years Eve is an absolute treat with all the fireworks displays. Sink into the corner spa bath, open the louvred windows and let the calming essence of nature wash over the senses, enjoying the unique at-home spa retreat experience with the rainforest shower over the spa, while your warm towel awaits on the heated towel rail. Open the servery window from the kitchen and enjoy the panoramic natural vista and fold back the dining room bi-fold doors to enjoy the complete seamless synergy of combined indoor and outdoor living.
This home is of solid brick construction and features over 15 rooms with 3 bathrooms across 2 spacious levels. Enjoy both formal and casual comfort with a versatile floorplan providing separate entrances to both upper and lower levels, perfect for the larger family or those who are entrepreneurial minded or work from home. The home boasts 6 bedrooms plus study and office areas across an expansive design where split system air-conditioning, underfloor heating and gas log fire ensure your year-round comfort. Bedroom 1 features a built-in robe, walk-in robe, ensuite bathroom and direct access to the elevated deck. Bedroom 2 provides a massive dressing room, (or home office). Other bedrooms feature built-in robes.
Spacious formal lounge, adjacent dining room and magnificent chef's kitchen provide easy access to the outdoor living pergola, offering a unique lifestyle entertainment zone. The kitchen boasts crisp Hamptons style cabinetry, stone bench tops, double sink with filtered water, 1200mm wide stainless-steel electric oven and gas stove-top, elite overhead cupboards and ample pantry space, and a convenient and elegant looking built-in fridge/freezer.
A double garage with lock-up roller doors will provide secure accommodation for the family cars with internal access into the home, while an under-deck patio area, extensive solar system, temperature controlled hot water, ceiling speakers, storage room and large traditional laundry complete this value packed offering.
Briefly:
* Solid brick executive residence of over 15 rooms with 3 bathrooms
* Uninterrupted botanic outlook to Black Hill Conservation Park
* Elevated rear deck and pergola with panoramic reserve views
* 2 separate entry halls for both upper and lower levels
* Spacious formal lounge with gas log fire
* Generous dining room adjacent magnificent chef's kitchen with breakfast bar
* High gabled pergola over elevated deck
* Stacker doors from dining to pergola, scenic window from kitchen to pergola
* Reserve views from dining, kitchen, bathroom and 2 bedrooms
* Kitchen features crisp Hamptons style cabinetry, stone bench tops, double sink with filtered water, 1200mm wide stainless steel electric oven and gas stove-top, elite overhead cupboards and ample pantry space with built-in fridge/freezer
* 6 spacious bedrooms, study and home office space
* Bedroom 1 with walk-in robe, built-in robe and ensuite bathroom
* Bedroom 2 is huge, with split system air conditioner, gas heater, incredible views to the park and massive separate dressing room. So many possibilities here
* Stunning lead-light feature windows throughout
* Stunning main bathroom corner spa bath, with 2 showers, louvre windows, heated towel rail, & reserve outlook
* All bathrooms fully renovated and beautifully tiled to the ceiling
* Underfloor heating to the upper level
* Split system air-conditioning
* Handy storage room
* Large traditional laundry
* Temperature controlled hot water
* Ceiling speakers to the living, dining & kitchen, & pre-wired for outdoor speakers at upstairs deck
* Large solar system (27 panels)
* Under deck patio, 2nd entertainment area
* Generous garden and utility area
Perfectly positioned in a fabulous and unique location with an enhanced outlook to The Black Hill Conservation Park and offering easy access to the Fifth Creek Trail, Thorndon Park Lake and Barbecue Recreational Reserve, Linear Park and local amenities. Close at hand you have Newton Village Shopping centre, Target Newton Shopping Centre and quality international designer shopping is nearby at Westfield Tea Tree Plaza. The most local to you is Fox Avenue Shopping Centre, just a 2-minute drive away for your daily and weekly goods, with all the convenience shops, including Drakes, chemist warehouse, great take-away food shops and cafe, butcher, bakery, post office, hairdresser and a 24-hour service station. Nearby unzoned primary schools include Thorndon Park, Athelstone, Paradise and East Torrens Primary School. The zoned high school for this address is Charles Campbell College. Quality private schooling is available locally at St Ignatius College, Rostrevor College, Sunrise Christian School, St Francis of Assisi, St Josephs & Kildare College.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Listing description written by Ben Krieg, All Adelaide — reproduced as published, not verified by Districts.