Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
SA › Hope Valley › Pegasi Ave
$520,000
Last sold
9 June 2023
3
Bedrooms
1
Bathrooms
0
Car spaces
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
9 June 2023 · derived via latest_sale
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Hope Valley
-42.3%
Median sale
Suburb $901,000
+2.40 pp
Gross yield
Suburb 3.28%
Suburb median $901,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
25003027
Land Division - 1 into 2
Decision Made · Lodged 7 Feb 2025
Council site report21018798
Land division 1 into 2
Decision Made · Lodged 9 July 2021
Council site report25027195
2x Single Storey Detached Dwellings, Retaining Wall, Fencing, Removal of 1 Significant and 2 Regulated Trees
Under Assessment · Lodged 17 Oct 2025
Council site report25019568
Two single storey detached dwellings, retaining walls and fencing
Decision Made · Lodged 15 July 2025
Council site reportSource
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 General Neighbourhood · GN (Planning and Design Code). Official parcel area about 715 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. 4 development applications on this parcel. Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Under Assessment) Plus 1 more on this parcel. Latest lodgement recorded 2025-02-07. These are this lot’s applications, not the neighbourhood pipeline. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 715 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?
KnownmediumOfficial parcel about 715 m² — land size can look like optionality. No 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
Knownmedium4 development applications on this parcel. Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Decision Made); Code Assessed - Performance Assessed (Under Assessment) Plus 1 more on this parcel. Latest lodgement recorded 2025-02-07. These are this lot’s applications, not the neighbourhood pipeline.
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
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Gawler SalesWelcome to 20 Pegasi Ave, a beautiful old brick home located in the sought-after suburb of Hope Valley. Sitting on a generous 710m2 block, this property is the perfect opportunity for development, with plenty of space for extensions, renovations or even a brand-new build. This area is in high demand and continues to grow with other properties being developed into high quality housing complexes that continue to grow and evolve. If you are looking to develop, this home can be rented out whilst you do your due diligence.
As you enter the home, you are greeted by an open plan kitchen and eat-in dining area, perfect for entertaining family and friends. The kitchen boasts ample storage and bench space, making meal preparation a breeze.
The formal lounge is a great space to relax and unwind, with plenty of natural light and a comfortable atmosphere.
The property features three bedrooms, offering ample space for a growing family or guests. The family bathroom is well-appointed with a bathtub, shower and vanity, and is conveniently located near the bedrooms.
The secure garaging provides parking for one car, with additional off-street parking available.
The large backyard is perfect for outdoor activities, providing a safe and secure space for children and pets to play.
Located close to many amenities, including schools, shops, and public transport, this property is perfectly positioned for convenient living.
Don't miss out on this fantastic opportunity to secure a spacious family home with development potential in a highly sought-after location. Contact us today for more information.
Block size 19.8 metres wide by 35.6 metres deep approximately.
Form 1s Avaliable to view at our office at 88 Murray Street, Gawler
Listing description written by Katrina Nelsen, Harcourts Gawler Sales — reproduced as published, not verified by Districts.