Fulham Gardens at a glance
6,857
People
$1,341,500
Median sale
$620/wk
Median rent
2.40%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
SA › Fulham Gardens › Merlin Rd
$1,253,000
Last sold
18 Feb 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
306 m²
Land
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
$1,253,000
18 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Fulham Gardens (last 5 years) with land size have a median of $2,348/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Fulham Gardens at a glance
6,857
People
$1,341,500
Median sale
$620/wk
Median rent
2.40%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Fulham Gardens
-6.6%
Median sale
Suburb $1,341,500
+0.17 pp
Gross yield
Suburb 2.40%
Suburb median $1,341,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Charles Sturt
Charles Sturt, SA
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
SAZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 916 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. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $620/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 916 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 916 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
UnknownNo DA adapter returned applications 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
Fulham Gardens at a glance
6,857
People
$1,341,500
Median sale
$620/wk
Median rent
2.40%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Henley BeachPerfectly positioned on a low-maintenance 306m² allotment, this near-new contemporary courtyard home delivers effortless modern living with high-level finishes throughout, making it an ideal choice for first home buyers, downsizers or investors seeking quality and convenience.
From the moment you enter, the home impresses with its sense of space, style and functionality. Solid timber floors flow through the main living areas, while the welcoming entry incorporates a dedicated study space, ideal for working from home or quiet retreat.
Accommodation is well designed, offering three generous bedrooms. The master suite features a walk-in wardrobe and a fully tiled ensuite finished with premium fixtures and fittings. Bedrooms two and three are both fitted with built-in wardrobes and are serviced by a stunning main bathroom, also fully tiled and appointed with high-quality finishes. A well-equipped laundry continues the home's practical design with excellent storage and thoughtful layout.
The heart of the home is the fantastic kitchen, showcasing stone benchtops, a large island with additional storage beneath, quality appliances and ample cabinetry. Overlooking the expansive open-plan living and dining area, the kitchen is perfectly positioned for both everyday living and entertaining.
Sliding doors open to a covered alfresco entertaining area and a private, low-maintenance rear garden, providing the ideal setting to relax or entertain without the burden of ongoing upkeep.
Additional features include ducted reverse-cycle air conditioning for year-round comfort, quality window coverings, a rainwater tank and a double garage with automatic panel lift door and secure internal access.
Conveniently located close to local shopping precincts, public transport and everyday amenities, this impressive home offers a modern lifestyle in a highly sought-after Fulham Gardens setting.
An outstanding opportunity to secure a stylish, easy-care home with nothing to do but move in and enjoy.
Listing description written by Mark Bowden, Ray White Henley Beach — reproduced as published, not verified by Districts.