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SA › Findon › Richard St

21 Richard St, Findon SA 5023

For saleHouse

$121,030

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

486 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $121,030 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $121,030(Listing record · 27 Aug 2026)
  • FactLand 486 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Findon (last 5 years) with land size: median $2,829/m² of land (n=58). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 89% below the Findon median recorded sale ($1,082,000, n=44, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Findon's advertised median rent ($627/wk), implied gross yield would be 26.94% — 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

$121,030

Asking · $249/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Findon (last 5 years) with land size have a median of $2,829/m² of land (n=58). Districts calculation from recorded sales — not a valuation.

Findon at a glance

7,684

People

$1,082,000

Median sale

$627/wk

Median rent

3.01%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Findon report →

Vs Findon

-88.8%

Median sale

Suburb $1,082,000

+23.93 pp

Gross yield

Suburb 3.01%

Suburb median $1,082,000 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$121,030
Stamp Duty (South Australia)
$3,671
Transfer/Registration Fee
$1,193
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
$129,594

$8,564 on top of the price (7.1% 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 Findon's advertised median rent — not a rent for this listing.

Net yield
25.44%
Annual cashflow (pre-tax)
$24,495
Interest cover (DSCR)
4.89
Annual rent
$32,604
Operating expenses
$1,815
Loan amount
$96,824
Annual interest
$6,294
Gross yield
26.94%

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$121,030available27 Aug 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 $627/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 26.9%. 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

Findon in one glance

Findon at a glance

7,684

People

$1,082,000

Median sale

$627/wk

Median rent

3.01%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Findon report →

Keep researching

  • Why Findon? Read the area thesis →
  • What else is on the market in Findon →
  • Other records on Richard St →

Listing material

Listed by Harcourts Property People

Circa 1996. Set on a wider allotment offering additional off-street parking.

There is plenty on offer with this home! It has good street appeal and position at the end of a no through street. The immediate location is quiet, secure and convenient to all amenities. Findon shopping centre is minutes away with supermarkets, variety stores and cafes. Nazareth junior school + Findon primary school are walking distance away. Queen Elizabeth hospital is a very short drive, and public transport is walking distance from your front door. The bus gets you into the city in 30 minutes, or West Lakes Mall.

The home is set back from the street and enables additional off-street parking on the driveway + there is room for a boat or a caravan, with side access measuring 3.85 metres wide and drive through access to the rear yard if required.

Inside there are three bedrooms, the master bedroom is ideally suited for a queen bed and side tables, a walk-in robe handles all storage requirements, and a ceiling fan assists to circulate airflow. Bedroom two has a built-in robe and both bedrooms two and three are large enough for double beds.

Read the full description

The main bathroom is a three way in design, it has a separate powder room with vanity and wall hung mirror, a separate toilet and a separate bathing room with a shower and separate bath.

The laundry has its own external access door leading to the clothesline.

The open plan living, dining and kitchen is a nice area, it looks out over the entire back yard and allows natural sunlight to filter inside keeping this area bright throughout the day. The whole family will enjoy the open plan living area daily. The kitchen has electric hot plates, an under-bench oven + a rangehood. Good storage cupboard space + a pantry, cupboard. There is ample bench area for meal preparation, the kitchen is practical and functions well.

A split system reverse cycle air-conditioning unit services this entire open plan area throughout the year. Ceiling fans in most rooms further assist.

Ceramic tiled flooring from the entry foyer to the passage and the open plan living, dining and kitchen. The tiled flooring is ideal in the heavy foot traffic rooms, fresh wall to wall carpet flooring is in all three bedrooms and the decor is neutral throughout.

Out back.

A full width rear verandah keeps the elements off the back door; it also makes a great outdoor entertaining are, family BBQ's, kids parties or simply a nice spot to relax.

The backyard is secure, well fenced and has room for little ones to play, kick a footy and perfect for pets.

A garden shed for the mower. Single lock-up garage under the main roof.

The property is offered for sale by public auction the 12th day of September 2026 at 10.30am

Terms and conditions will be displayed three days and a further 30 minutes before the date of the auction.

Bidders can register the day of auction from 10am.

Deposit - on the day $20,000.00 and the balance of the sale deposit is due the 15th of September 2026

All information provided has been obtained from sources we believe to be accurate; however, we cannot provide any guarantee and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

Listing description written by Wally Armanios, Harcourts Property People — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Toilets: 1
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.