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 › Walter Morris Dr
$535,000
Last sold
15 Sept 2016
3
Bedrooms
2
Bathrooms
3
Car spaces
251 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
$535,000
15 Sept 2016 · derived via latest_sale
Local land rate: recorded House sales in Port Adelaide (last 5 years) with land size have a median of $2,755/m² of land (n=14). 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
-38.7%
Median sale
Suburb $872,500
+2.03 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 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 $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.
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
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 Harris Real Estate Kent TownViewings: Strictly by appointment only.
Welcome to 20 Walter Morris Drive, Port Adelaide
Located less than a minute's stroll to the Port River, this beautiful stand alone home has been lovingly maintained by its original owners and the great street appeal is an added bonus. A recent facelift including new carpets and painting throughout really adds to the aesthetics and the positive ambience this property exudes. This is a cleverly designed home that will tick many boxes of multiple buyer groups including lifestyle changers, downsizers, the growing family, interstate/overseas buyers and, of course, the investor. The current owners have a great eye for contemporary design resulting in a bright, airy and welcoming property. Come with us as we take you through just some of the many value propositions on offer here:
Downstairs:
* Two living areas including a formal lounge as well as an open plan family/dining area
* Spacious kitchen with gas cook top, electric oven and dishwasher complimented by a generous pantry and lots of cupboard space
* Good size laundry with laundry chute and external access
* Guest powder room
* Split air-conditioning system to the living area
* Tiled throughout the ground floor area
* Bi-fold doors connecting the family room to the outdoor entertaining areas
* Two great covered entertainment areas flowing onto the low maintenance lawn area
* Powered 6x6 metre shed (approx) with mezzanine and side street access
* Single lock up garage
Upstairs:
* Yes, we have a third functional living area that can also be used as a retreat or study
* Three generous bedrooms, the master with a built-in as well as a walk-in robe, lovely ensuite and private balcony with river views
* Bedrooms two and three, also with built ins. Bedroom 2 offers up an added bonus with water views
* Generous bathroom with shower and spa bath
* Separate toilet as well as an additional linen press/storage cupboard
* Ceiling fans to all bedrooms
Extras:
* Alarm and intercom system
* Rinnai instantaneous hot water system
* 3.5kw solar panels
* Rain water tank
* Gas heating and evaporative cooling throughout the home
This is a lovely home in a great location and the world class amenities are endless. If great shopping and restaurants are on your wish list, then you have arrived. You have multiple choices when it comes to shopping centre options and the CBD is only about twenty five minutes away by car. Port Adelaide offers up an amazing lifestyle incorporating multiple parks, walking and bike paths and let's not forget the beautiful marina. Public transport users will be well taken care of with train and/or bus services.
Call us today to arrange an inspection on: Gerry 0410 531 305.
Specifications:
CT / 5542/820
Council / Port Adelaide Enfield
Zoning / RCE'46
Built / 2000
Land / 251m2
Internal / 163m2
Council Rates / $1146.30pa
SA Water / $180.23pq
ES Levy / $93.15pa
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Gerry McGuinness, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.