Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
SA › Wattle Park › Gordo Ave
$770,000
Last sold
11 Sept 2015
4
Bedrooms
2
Bathrooms
2
Car spaces
768 m²
Land
230 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
$770,000
11 Sept 2015 · derived via latest_sale
Local land rate: recorded House sales in Wattle Park (last 5 years) with land size have a median of $1,842/m² of land (n=38). Districts calculation from recorded sales — not a valuation.
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Vs Wattle Park
-47.5%
Median sale
Suburb $1,467,500
+2.03 pp
Gross yield
Suburb 2.24%
Suburb median $1,467,500 from 12 recorded sales (last 24 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 $632/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
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Toop & Toop NorwoodAll the hard work has been completed in this lovely renovated family home with sensational views across the suburbs to the city and coast. Set in the leafy foothills the street face is deceptive. This transformation has resulted in a home with four bedrooms, centrepiece kitchen and open plan living opening onto a balcony conveniently overlooking the pool below as well as offering a spot to sit, relax and enjoy the views.
From the entry foyer, bedroom accommodation to the left includes the four bedrooms. The master bedroom to the front boasts ensuite and built-in robes. The remaining bedrooms, one being a double, share the sparkling family bathroom with double vanity. The living area to the right of the entry boasts a separate lounge and study placed well to keep an eye on the children. Light and bright, the family living area flows with beautiful Jarrah flooring, slick new finishes and plenty of glass.
The kitchen is large enough for the whole family to be Master Chefs. Caesarstone bench tops, glass splash backs, pantry, gas cooktop and stainless steel appliances and a view to the city at the sink. The entire living area is flexible to be configured in any variation.
Downstairs a third living area currently configured as a gym and hobby room. At this level the double garage has an area into the yard for a turn around bay and lots of space for play, scooters and bikes. The garden provides greenery and privacy to the front of the house and there is room for pets and a veggie garden to the rear.
Just ten minutes from Burnside Village and cosmopolitan Norwood provide many shopping and dining options. The city is not only in sight but easily accessible. St Peters Girls, Pembroke and Norwood-Morialta High are local schools as well as other respected schools. This offering is a rare opportunity to purchase a substantial family home in a premier eastern foothills location with impressive views as a bonus.
Extra features include: ducted reverse cycle air conditioning throughout with extra split system, 2 electric/solar hot water systems, linen cupboards, heated towel rails to bathrooms, exterior blinds to balcony and sliding doors with screens.
Listing description written by Lew Toop, Toop & Toop Norwood — reproduced as published, not verified by Districts.