Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
SA › Cheltenham › Third Ave
$570,000
Last sold
19 Mar 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
460 m²
Land
108 m²
Building
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
$570,000
19 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Cheltenham (last 5 years) with land size have a median of $1,745/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Cheltenham
-49.3%
Median sale
Suburb $1,125,000
+2.59 pp
Gross yield
Suburb 2.66%
Suburb median $1,125,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Established Neighbourhood
EN
Jurisdiction
Charles Sturt
Charles Sturt, SA
25002974
Outbuilding to rear of existing dwelling
Under Assessment · Lodged 20 Feb 2025
Council site report26007801
Dwelling alterations and additions
Under Assessment · Lodged 20 Mar 2026
Council site report25003844
Removal of a significant tree
Decision Made · Lodged 20 Feb 2025
Council site reportSource
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 Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 459 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. 3 development applications on this parcel. Code Assessed - Performance Assessed (Under Assessment); Code Assessed - Performance Assessed (Under Assessment); Code Assessed - Performance Assessed (Decision Made) Latest lodgement recorded 2025-02-20. These are this lot’s applications, not the neighbourhood pipeline. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $575/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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Established Neighbourhood · EN (Planning and Design Code). Official parcel area about 459 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?
KnownmediumNo 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
Knownmedium3 development applications on this parcel. Code Assessed - Performance Assessed (Under Assessment); Code Assessed - Performance Assessed (Under Assessment); Code Assessed - Performance Assessed (Decision Made) Latest lodgement recorded 2025-02-20. These are this lot’s applications, not the neighbourhood pipeline.
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
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Mike Dobbin and Zoe Ball from Magain Real Estate for all your property advice.
This original 1930 Waterfall Austerity style home sits on a flat 460sqm block offering plenty of opportunity for future development (stcc). The original home offers timber floorboards throughout, formal lounge room with fireplace and decorative ceiling medallion, two large bedrooms with built in robes, master with split system air conditioning plus a third bedroom to the rear of the home. The kitchen offers an electric cook top, walk in pantry and a dishwasher. To the rear of the home is the bathroom with separate toilet, laundry and linen cupboard. Out the back is a concrete patio, large flat lawn, a large garage with rear access roller door and lean-to pergola. The backyard also has double gate rear access, perfect for storing a boat or caravan.
Located in this quiet & popular pocket this property offers wonderful opportunity to renovate this original character home, or start fresh with your family dream home on this desirable block of flat land. The choice is all yours!!
All floorplans, 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.
Magain Real Estate
RLA | 222182
Listing description written by Zoe Ball & Mike Dobbin, Magain Real Estate — reproduced as published, not verified by Districts.