Hampstead Gardens at a glance
1,518
People
$1,046,000
Median sale
$592/wk
Median rent
2.94%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
SA › Hampstead Gardens › North East Rd
2
Bedrooms
1
Bathrooms
3
Car spaces
742 m²
Land
261 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Hampstead Gardens (last 5 years) with land size have a median of $1,921/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Hampstead Gardens at a glance
1,518
People
$1,046,000
Median sale
$592/wk
Median rent
2.94%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Port Adelaide Enfield
Port Adelaide Enfield, SA
26010026
1x 2 storey residential flat building comprising 6 dwellings
Under Assessment · Lodged 23 Apr 2026
Council site report23031092
Proposed internal works, and new windows to existing dwelling
Decision Made · Lodged 14 Dec 2023
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 General Neighbourhood · GN (Planning and Design Code). Official parcel area about 744 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. 2 development applications on this parcel. Code Assessed - Performance Assessed (Under Assessment); Accepted (Decision Made) Latest lodgement recorded 2026-04-23. 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 $592/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 General Neighbourhood · GN (Planning and Design Code). Official parcel area about 744 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?
KnownmediumOfficial parcel about 744 m² — land size can look like optionality. No 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
Knownmedium2 development applications on this parcel. Code Assessed - Performance Assessed (Under Assessment); Accepted (Decision Made) Latest lodgement recorded 2026-04-23. 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
Hampstead Gardens at a glance
1,518
People
$1,046,000
Median sale
$592/wk
Median rent
2.94%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodSitting proudly along this key north-east corridor, 229 North East Road presents a rare chance to secure substantial landholding in an area defined by growth and transformation. Held by the one family for decades, this enduring mid-century home now makes way for bold new vision - all set on a sprawling 742sqm allotment where the scale alone opens serious doors.
Whether you're dreaming of an architectural showpiece on a generous block, exploring a hammerhead subdivision, or envisioning a row of contemporary townhouses, the possibilities here are compelling (STCC). There's even scope to refurbish and lease the existing residence while plans take shape, with the added advantage of rear access from Lawton Lane - offering flexibility for both immediate return and long-term gain in a high-demand pocket.
Positioned moments from schools, parks and playgrounds, with major shopping hubs close at hand and the café scenes of Prospect Road, Melbourne Street and The Parade just minutes away, the lifestyle appeal is undeniable. Only 6km from Adelaide CBD with bus stops at your doorstep, this is a blue-chip opportunity to capitalise on location, land size and future potential in one strategic move.
FEATURES WE LOVE
? Sweeping 742sqm (approx.) allotment with incredible potential (subject to council conditions)
? Rear access from Lawton Lane into a secure double garage
? Near all original 1950s property, single-owned
? Light-filled lounge opening to a bright + airy combined kitchen/casual meals
? Separate rumpus with combustion heater, split-system AC + BIC
? 2 well-sized bedrooms, one with ceiling fan
? Original bathroom with separate WC
? Practical laundry with storage
? Cosy back verandah + full outdoor kitchen
? Huge north-facing backyard
? Large shed/workshop with WC plus secure garage
? Classic brick frontage, neat lawn, wide driveway
LOCATION
? A leisure stroll to a variety of nearby parks, playgrounds, reserves + sporting ovals
? Around the corner from Hampstead Gardens Primary + zoned for Roma Mitchell Secondary a quick bus ride up Hampstead Road
? Arm's reach to Greenacres + Marden Shopping Centres, as well as Sefton Plaza + 10-minutes to the vibrant Parade Norwood
? Only a 10-minute cruise to Adelaide CBD by way of car or bus
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Norwood RLA 278530
Property Details:
Council | PORT ADELAIDE ENFIELD
Zone | GN - General Neighbourhood
Land | 742sqm(Approx.)
House | 261sqm(Approx.)
Built | 1961
Council Rates | $1608.05 pa
Water | $218 pq
ESL | $174 pa
Listing description written by Oliver Bishop, Ray White Norwood — reproduced as published, not verified by Districts.