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SA › Brahma Lodge › Lee St

22 Lee St, Brahma Lodge SA 5109

House

$359,000

Last sold

24 May 2021

3

Bedrooms

1

Bathrooms

2

Car spaces

560 m²

Land

128 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $359,000 (24 May 2021).(Recorded sale)
  • CalculationLand 560 m² against a 128 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Brahma Lodge (last 5 years) with land size: median $954/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$359,000

24 May 2021 · derived via latest_sale

Local land rate: recorded House sales in Brahma Lodge (last 5 years) with land size have a median of $954/m² of land (n=63). Districts calculation from recorded sales — not a valuation.

Brahma Lodge at a glance

3,454

People

$789,500

Median sale

$524/wk

Median rent

3.45%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Brahma Lodge report →

Vs Brahma Lodge

-54.5%

Median sale

Suburb $789,500

+4.14 pp

Gross yield

Suburb 3.45%

Suburb median $789,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$359,00024 May 2021
  2. Listedprice unknowncompleted27 Apr 2021
  3. Listedprice unknowncompleted27 Apr 2021

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 $524/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

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

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

Brahma Lodge in one glance

Brahma Lodge at a glance

3,454

People

$789,500

Median sale

$524/wk

Median rent

3.45%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Brahma Lodge report →

Keep researching

  • Why Brahma Lodge? Read the area thesis →
  • What else is on the market in Brahma Lodge →
  • Other records on Lee St →

Listing material

Listed by Edge Realty

Character-Filled and Stylish Family Home in a Central Location!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through*

Virtual Tour Link: https://my.matterport.com/show/?m=UQDKuJ1zRTA

To submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm

Read the full description

Mike Lao and Edge Realty are proud to present to the market this comfortable Brahma Lodge home close to schools, shops and picturesque parks. A selection of contemporary updates adds a touch of style and luxury to the home creating a unique and comfortable abode that you will love showing off to friends and family.

Gorgeous timber floorboards run under foot throughout much of the home including in the light-filled family room complete with air-conditioning and a Vulcan gas heater enveloped by a stacked-stone feature wall. From here, you can move into the meals area or through a brick feature archway that leads to the tiled sunken lounge room to the rear of the layout.

The avid cook will have everything they need in the well-equipped kitchen with a gas cooktop, an electric oven and a rangehood. There's a dishwasher for a quick and easy clean-up along with a 1.5-sink, soft-close cabinetry and a serving window that connects to the lounge room.

The bedrooms are all set in a separate section of the home with easy access to the main bathroom complete with a separate bath, shower and toilet. The Master and bedroom 2 both feature built in robes and ceiling fans for added comfort.

Extending the living space to the outdoors is the expansive covered pergola with enough room to host all your loved ones as you admire views over the backyard. This really is the ultimate home for those seeking a laid-back life of leisure.

You are also sure to love:

- Air-conditioning in the lounge room with direct access to the covered pergola

- A fully fenced backyard with two garden sheds and a picture-perfect cubby house

- Ample built-in linen storage and a laundry with external access to the pergola

- A 3.1x12m tandem carport with a roller door and additional driveway parking space

Brahma Lodge Primary School is just a short walk or bike ride from your front door while Cockburn Green and Brahma Lodge Oval are both only moments away. A five-minute drive will take you to the nearby Parabanks Shopping Centre or the Salisbury train station. For convenience, a 40-minute drive will have you in the heart of the Adelaide CBD.

Call Mike Lao to inspect!

Year Built / 1976 (approx)

Land Size / 560 sqm (approx)

Frontage / 18.1 m (approx)

Zoning / GN - General Neighbourhood

Local Council / City of Salisbury

Council Rates / $1,115.83 pa (approx)

Water Rates (excluding Usage) / $562.20 pa (approx)

Es Levy / $97 pa (approx)

Estimated Rental / $370-$400 per week

Title / Torrens Title

Easements / NIL

Internal Living / 128.9 sqm (approx)

Total Building / 221.8 sqm (approx)

Edge Realty 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.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Gas Heating
  • Grey Water System
  • Outdoor Entertaining
  • Pay TV
  • Rumpus Room
  • Secure Parking
  • Toilets: 1
  • Water Tank
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.