Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
SA › Hope Valley › Altair Ave West
$420,000
Last sold
11 Sept 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
427 m²
Land
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
$420,000
11 Sept 2025 · derived via latest_sale
Local land rate: recorded Land sales in Hope Valley (last 5 years) with land size have a median of $926/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Hope Valley
-53.4%
Median sale
Suburb $901,000
+3.75 pp
Gross yield
Suburb 3.28%
Suburb median $901,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
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
SAZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 1,004 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. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 1,004 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 1,004 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
UnknownNo DA adapter returned applications 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
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia SAAn exceptional opportunity awaits in highly sought-after Hope Valley—a tightly held suburb where quality land is rarely offered to the market.
This Torrens titled 427m² allotment with an 8.72m frontage and 49.07m depth is ready for you to create the home you've always envisioned.
What sets this block apart?
✅ Elevated from the street – giving your future home a commanding presence, enhanced privacy, and the ability to capture natural light and breezes.
✅ Most retaining walls already completed – saving you significant site costs, with only minor works potentially needed at the rear or side fence.
✅ No easements – complete freedom in your home design with no hidden restrictions.
Multiple building options – flatten and build a single-level home, go double storey, or follow the neighbour's example with a smart split-level design featuring garage and storage below with main living above.
Why Hope Valley?
Hope Valley is one of Adelaide's consistently high-demand suburbs, prized for its blend of convenience and tranquility. It's close enough to the CBD for an easy commute, yet far enough to escape the hustle and bustle. Nestled in a quiet cul-de-sac surrounded by established homeowners, this allotment ensures a peaceful, family-friendly lifestyle.
Lifestyle & Surroundings
Education & Schools: A choice of quality public and private schools nearby, making it ideal for families.
Reserves & Walking Trails: Surrounded by leafy parks and reserves, perfect for leisurely walks, kids' play, or weekend relaxation.
Shopping & Entertainment: Just minutes from the recently upgraded Westfield Tea Tree Plaza, now a vibrant hub with shopping, dining, and entertainment options for the whole family.
Transport & Access:
The property is perfectly positioned for easy commuting. Just minutes from the O-Bahn interchange, you'll enjoy a fast, direct trip into the CBD without the stress of traffic. Local bus routes, shopping, and essential services are also right around the corner, keeping everything you need within easy reach.
Features You'll Love
✅ 427m² Torrens titled allotment
✅ 8.72m frontage x 49.07m depth
✅ Elevated block with excellent outlook
✅ Most retaining walls already built (huge cost saving)
✅ No easements — total freedom of design
✅ Multiple building options: single, double, or split-level
✅ Quiet cul-de-sac position among established homes
✅ Consistently high-demand suburb with limited land supply
✅ Close to schools, parks, transport, and Tea Tree Plaza upgrades
⚡ This is absolute value compared to other land on the market—rare, ready, and in demand. Don't miss your chance to secure this premium allotment and design the lifestyle you've always wanted in Hope Valley.
✅ Buyers have the freedom to choose their own builder, or we can assist by connecting you with trusted local builders to bring your vision to life.
Enquire today before it's gone
RLA 300 185 | 336022
Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Listing description written by Buri Son, exp Australia SA — reproduced as published, not verified by Districts.