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SA › Coromandel Valley › Protea Ave

22 Protea Ave, Coromandel Valley SA 5051

House

$941,000

Last sold

4 June 2024

3

Bedrooms

2

Bathrooms

2

Car spaces

1,293 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $941,000 (4 June 2024).(Recorded sale)
  • FactLand 1,293 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Coromandel Valley (last 5 years) with land size: median $911/m² of land (n=86). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$941,000

4 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Coromandel Valley (last 5 years) with land size have a median of $911/m² of land (n=86). Districts calculation from recorded sales — not a valuation.

Coromandel Valley at a glance

4,659

People

$1,190,000

Median sale

$667/wk

Median rent

2.91%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Coromandel Valley report →

Vs Coromandel Valley

-20.9%

Median sale

Suburb $1,190,000

+0.78 pp

Gross yield

Suburb 2.91%

Suburb median $1,190,000 from 22 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$941,0004 June 2024
  2. Listedprice unknowncompleted7 May 2024
  3. Listedprice unknowncompleted7 May 2024

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 $667/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

Coromandel Valley in one glance

Coromandel Valley at a glance

4,659

People

$1,190,000

Median sale

$667/wk

Median rent

2.91%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Coromandel Valley report →

Keep researching

  • Why Coromandel Valley? Read the area thesis →
  • What else is on the market in Coromandel Valley →
  • Other records on Protea Ave →

Listing material

Listed by Magain Real Estate

SOLD BY KAREN HEUER AND ANDREW BOSWELL

Please contact Karen Heuer or Andrew Boswell from Magain Real Estate for all your property advice.

Welcome to this much-loved home, nestled away on a generous allotment of 1,293 sqm, in a sought-after pocket of the Valley, where time seems to stand still. Owned and cherished by the same family for the past five decades, this residence exudes a rare warmth and character that can only come from years of memories and care.

Welcome to your sanctuary! As you approach, a natural front garden greets you, setting the tone for the tranquillity within. A concrete driveway guides you to a double automated garage, offering both convenience and security for your vehicles.

Read the full description

As you step through the front door, you're greeted by a sense of familiarity and comfort. Every corner tells a story, every room whispers of cherished moments shared among family and friends. The bedrooms and family bathroom thoughtfully tucked away to one side. Each bedroom boasts spaciousness, providing ample retreat for relaxation and rest. The master bedroom is a haven of its own, featuring an ensuite for added privacy and convenience, with a clever additional access point from the entertainment area.

Prepare to be enchanted by the heart of the home, the impressive kitchen, adorned with beautiful Tasmanian Oak cabinetry and quality appliances. Abundant storage space ensures functionality meets elegance, inviting culinary creativity to flourish.

As you move through the living area complete with fireplace for those chilly nights, you'll find yourself drawn to the backdrop of valley views, creating the perfect ambiance for relaxation and appreciation. The all-weather entertainment area, complete with blinds, beckons for family gatherings and moments of joy regardless of the elements.

For those with a passion for tinkering, a dedicated store room and workshop space with electricity await, providing ample opportunity for ongoing projects. A woodfire storage space ensures you're always prepared for chilly nights, while a cellar space caters to the wine enthusiast, offering the perfect environment for your collection to mature and thrive.

Additional features:

- Solar panels for those pesky electricity bills

- Split systems in all bedrooms and living area

- Separate laundry

- Valuable workshop and storage space

- Irrigation to the front and back for convenience

Outside, the tranquility continues with treetop views and open spaces, offering a private retreat where you can unwind and connect with nature. Whether it's enjoying morning coffee on the decked area or tending to the garden, there's a sense of peace that envelops you.

Conveniently located close to central Blackwood for all your shopping amenities, restaurants and the best coffee. The popular Treetop Playground is a short distance away where you can enjoy beautiful picnic spots, scenic walking and nature trails. Offering excellent private and public schools. Easy access to public transport makes any commute a pleasure!

This home isn't just a dwelling; it's a sanctuary where memories are made and cherished-a testament to decades of love, care and meticulous attention to detail. Welcome home!

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.

RLA 222182

Listing description written by Karen Heuer, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 2
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.