Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Gilles Plains › Diamond Ave
$750,000
Last sold
5 Dec 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
808 m²
Land
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
$750,000
5 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Gilles Plains (last 5 years) with land size have a median of $2,072/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Gilles Plains
-14.8%
Median sale
Suburb $880,000
+0.64 pp
Gross yield
Suburb 3.69%
Suburb median $880,000 from 35 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 $624/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
Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate GlenelgWith land size of approx. 808m2 and on a corner allotment, this property offers purchasers the potential to re-develop (STCC).
Renovate…no, demolish… yes! The current dwelling consists of 3 bedrooms, lounge room, kitchen, bathroom and laundry.
There is also free-standing garage workshop with direct access to Marvin Avenue.
Conveniently located just meters to Tasman Reserve as well as easy access to Gilles Plains Shopping Centre, Tea Tree Plaza Shopping Complex, plenty of local schooling options as well as public transport at your doorstep taking you straight into the heart of the Adelaide CBD.
Don't miss this rare opportunity to secure a large corner allotment in this most convenient of locations
Disclaimer: Whilst the best endeavours have been made to obtain accurate information, from what we believe to be reliable sources, we cannot guarantee its accuracy and accept no liability for any errors or omissions. This includes, but is not limited to property land size, floorplans, building age, property condition and rates. We recommend interested parties make their own enquiries and seek independent legal advice.
The vendors statement may be inspected at First National Real Estate Glenelg 2/4 Partridge Street, Glenelg for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Luke Domingo, First National Real Estate Glenelg — reproduced as published, not verified by Districts.