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SA › North Adelaide › Gover St

201 Gover St, North Adelaide SA 5006

For saleHouse

$2,495,000

For sale

Asking

4

Bedrooms

3

Bathrooms

2

Car spaces

532 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,495,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,495,000(Listing record · 8 May 2026)
  • FactLand 532 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in North Adelaide (last 5 years) with land size: median $5,744/m² of land (n=18). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 100% above the North Adelaide median recorded sale ($1,250,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at North Adelaide's advertised median rent ($585/wk), implied gross yield would be 1.22% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$2,495,000

Asking · $4,690/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in North Adelaide (last 5 years) with land size have a median of $5,744/m² of land (n=18). Districts calculation from recorded sales — not a valuation.

North Adelaide at a glance

7,519

People

$1,250,000

Median sale

$585/wk

Median rent

2.43%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full North Adelaide report →

Vs North Adelaide

+99.6%

Median sale

Suburb $1,250,000

-1.21 pp

Gross yield

Suburb 2.43%

Suburb median $1,250,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,495,000
Stamp Duty (South Australia)
$131,055
Transfer/Registration Fee
$26,078
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$2,655,833

$160,833 on top of the price (6.4% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with North Adelaide's advertised median rent — not a rent for this listing.

Net yield
-0.28%
Annual cashflow (pre-tax)
$-136,745
Interest cover (DSCR)
-0.05
Annual rent
$30,420
Operating expenses
$37,425
Loan amount
$1,996,000
Annual interest
$129,740
Gross yield
1.22%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$2,495,000available8 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $585/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

North Adelaide in one glance

North Adelaide at a glance

7,519

People

$1,250,000

Median sale

$585/wk

Median rent

2.43%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full North Adelaide report →

Keep researching

  • Why North Adelaide? Read the area thesis →
  • What else is on the market in North Adelaide →
  • Other records on Gover St →

Listing material

Listed by Ennis Partners

Stylish, Sophisticated & Exceptionally Private Family Living

Hidden away at the end of a picturesque tree-lined driveway, this outstanding contemporary residence offers an enviable family lifestyle in one of North Adelaide’s most sought-after locations.

Built in 2011 and impeccably maintained, this striking stone-fronted home combines generous family accommodation, quality finishes, and effortless indoor-outdoor living to create a private sanctuary you'll love coming home to.

Beyond the secure front gate, a tranquil courtyard garden sets the tone for the exceptional spaces within. Bathed in natural light, the home has been thoughtfully designed to cater for both relaxed family living and stylish entertaining.

Read the full description

The luxurious ground-floor master suite provides a peaceful retreat, complete with a walk-in robe and private ensuite. At the heart of the home, the expansive open-plan living area is warmed by a stunning gas log fireplace and enjoys beautiful outlooks across the sparkling pool and outdoor entertaining zone. The adjoining dining area features soaring vaulted ceilings, creating a wonderful sense of space and grandeur, while the gourmet kitchen impresses with stone benchtops, quality appliances, extensive cabinetry, and abundant pantry storage.

Ground Floor Highlights

· Spacious master suite with walk-in robe and ensuite

· Expansive open-plan living and dining areas

· Gourmet kitchen with stone benchtops and gas cooktop

· Large, well-equipped laundry

· Guest powder room

· Quality tiled flooring throughout living and entertaining spaces

A wide easy-rise staircase leads upstairs to a versatile study nook and three generously proportioned bedrooms. One offers the flexibility of a second master suite, complete with a luxurious ensuite featuring a full-size bath, separate shower, and access to a private balcony. A substantial family bathroom services the remaining bedrooms with ease.

Freshly updated with new carpets and paint throughout, the home is presented in immaculate neutral tones and is ready to be enjoyed from day one.

Resort-Style Outdoor Living

Designed with entertaining in mind, the private paved courtyard provides the perfect setting for weekend gatherings, family celebrations, and alfresco dining. The oversized tiled double garage offers additional flexibility for entertaining, while the beautifully tiled swimming pool with elegant water feature completes this exceptional lifestyle offering.

Additional Features

· Ducted heating and cooling throughout

· New hot water system

· Secure and private position

· Exceptional storage throughout

· Oversized tiled double garage

· Beautifully tiled swimming pool with water feature

A Premium North Adelaide Lifestyle

Perfectly positioned just moments from vibrant O’Connell Street, you'll enjoy an unrivalled lifestyle with cafés, restaurants, boutique shopping, and local favourites all within easy reach. From The Flying Fig and the exciting new 88 O’Connell precinct to North Adelaide Village, everything you need is close at hand.

Enjoy leisurely walks to Adelaide Oval, the new Aquatic Centre, beautiful parklands, and the golf course, while the Adelaide CBD is just over 2km away.

Offering space, style, privacy, and an unbeatable location, this is a rare opportunity to secure an exceptional family home in prestigious North Adelaide.

Inspection by Appointment

For further information or to arrange a private viewing, please contact Richard Colley on 0418 827 710.

Listing description written by Richard Colley, Ennis Partners — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • In-Ground Pool
  • Secure Parking
  • Shed
  • Study
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.