Gulfview Heights at a glance
3,618
People
$905,000
Median sale
$579/wk
Median rent
3.33%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
SA › Gulfview Heights › Hedgerow Dr
$720,000
Last sold
3 Apr 2023
4
Bedrooms
1
Bathrooms
2
Car spaces
626 m²
Land
161 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
$720,000
3 Apr 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Gulfview Heights (last 5 years) with land size have a median of $1,084/m² of land (n=56). Districts calculation from recorded sales — not a valuation.
Gulfview Heights at a glance
3,618
People
$905,000
Median sale
$579/wk
Median rent
3.33%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Gulfview Heights
-20.4%
Median sale
Suburb $905,000
+0.85 pp
Gross yield
Suburb 3.33%
Suburb median $905,000 from 9 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 $579/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
UnknownArea
Gulfview Heights at a glance
3,618
People
$905,000
Median sale
$579/wk
Median rent
3.33%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://my.matterport.com/show/?m=mPgeLsL7NTQ
Auction Sunday 2nd April 2023 onsite at 1:00pm (Unless Sold Prior)
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this charming, updated home bursting with style and character. A double paver driveway and stone facade welcome you home, inviting you to step inside this unique abode you will be proud to call your own whether you're a savvy investor or a growing family.
An enchanting blend of slate floors and plush carpets have been paired with LED down lights and ducted reverse cycle air-conditioning to create a space that is both comfortable and memorable. There is a range of living spaces to suit any occasion including a formal lounge and dining room set at the front of the home.
The light and bright kitchen overlooks the family and meals area for more casual gatherings with a sliding door connecting to the outdoor entertaining area where there is plenty of room for the kids and family pet to run around. The home chef will adore the abundance of storage space, Smeg gas cooktop and electric oven, dual drawer dishwasher, 3 way puratap mixer tap and a waterfall edge breakfast bar.
There are three bedrooms with easy-care timber-look flooring, the master bedroom enjoying en-suite access to the main bathroom with a separate toilet to accommodate busy households.
Extending the layout further is the external rumpus room with an office area making this an ideal studio, teenager's retreat or fourth bedroom.
The well-equipped laundry has direct access outside, the double garage has dual front automatic roller doors and drive-through access ensuring your vehicles are out of the weather, and there is plenty of extra off-street parking available on the double driveway.
There are so many extra features to enjoy including:
- Ducted reverse cycle heating and cooling throughout the home
- Three bedrooms, three living areas and a double garage
- Kitchen with gas cooktop, electric oven and dual drawer dishwasher
- External studio with air-conditioning
- External shed for additional storage and an aviary
- Security cameras and brand new automatic roller shutters for added privacy
Your new home is located within a wonderful community with great neighbours, landscaped gardens and street appeal, while the central location puts you just moments from Hedgerow Reserve and Cobbler Creek Recreation Park. Gulfview Heights Primary School, Salisbury East Primary School, Madison Park School, Pedare College and Gleeson College are all just a short drive away as are the Salisbury East Shops and The Grove Shopping Centre. For those that commute to the city, you can be there in less than 35-minutes by car.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1991 (approx)
Land Size / 626sqm (approx)
Frontage / 19.89m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,978.98 pa (approx)
Water Rates (excluding Usage) / $640.14 pa (approx)
Es Levy / $134.85 pa (approx)
Estimated Rental / $500-$540pw
Title / Torrens Title 5340/761
Easement(s) / Nil
Encumbrance(s) / To City of Salisbury - See title
Internal Living / 133.3sqm (approx)
Total Building / 272.7 sqm (approx)
Construction / Brick Veneer
Gas / Connected
Sewerage / Mains
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/mtFluL
Vendors Statement: The vendor's statement (Form 1) may be inspected at the Edge Realty Office at 5/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.
Nearby 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.