Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
SA › Edwardstown › Adelaide Tce
$1,175,000–$1,225,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
700 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
Asking
$1,175,000–$1,225,000
Asking range · $1,679/m² of land
No recorded sale for this property.
Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Edwardstown
+14.4%
Median sale
Suburb $1,027,500
-0.37 pp
Gross yield
Suburb 2.93%
Suburb median $1,027,500 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$74,373 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Edwardstown's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
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
SAPlanning 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.
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
No advertised rent is recorded. Suburb median rent $578/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.
Gross yield if leased at the suburb aggregate is 2.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Edwardstown at a glance
5,300
People
$1,027,500
Median sale
$578/wk
Median rent
2.93%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Refined Real EstateThere is a particular confidence to a home that has earned its place. Art deco in its bones, sandstone at its face, and with the kind of solid, enduring construction that simply isn't replicated today - 23 Adelaide Terrace is a property that announces itself without effort.
The façade sets the tone immediately: classic sandstone, dressed with the quiet authority of the era that built it, standing on a generous 700sqm (approx.) allotment on one of Edwardstown's most established residential streets. Step inside and the home reveals both its character and its evolution - high ceilings carry the original proportions throughout, while polished timber floors draw the eye and the light in equal measure.
The floorplan has been thoughtfully extended to serve the way people actually live now. A spacious open-plan living and dining area anchors the heart of the home, adjoined by an Alby Turner & Son kitchen appointed with gas cooktop, wall oven, and dishwasher - functional without fuss, and warm in the way only genuine materials allow. The master suite is generous in scope: a proper parents' retreat with walk-in robe and a well-appointed ensuite, while two further queen-sized bedrooms - one with built-in robes - offer genuine flexibility for family, guests, or a home office that actually feels like it belongs. The family bathroom has been tastefully updated, and a separate powder room adjoins the refreshed laundry - considered details that speak to a home lived in with care.
The rear yard is where this property truly distinguishes itself. The 700sqm (approx.) allotment affords a rare generosity of outdoor space, and it has been used with genuine intention. A suburban orchard anchors one corner - productive, established, and the kind of thing that simply cannot be manufactured overnight. A dedicated fire pit zone with casual seating creates a natural gathering place for cooler evenings, while an extensive covered entertaining area ensures the calendar is never at the mercy of the weather. A separate grassed area has been preserved for children's play - open, safe, and separate enough from the entertaining zones that adults and children can occupy the garden simultaneously without compromise. It is, in the truest sense, a yard that has been designed for living rather than merely left over.
At a glance:
- Sandstone-fronted art deco character home of solid, enduring construction
- Three generously proportioned bedrooms, master with walk-in robe, parents' retreat and ensuite
- Expansive open-plan living and dining, extended to suit contemporary family life
- High ceilings and polished timber floors throughout
- Rear yard zoned for every occasion – suburban orchard, fire pit with casual seating, extensive covered all-weather entertaining area and a dedicated grassed play space for children
- Heating and cooling throughout
- Approximately 6km to the Adelaide CBD
- Walking distance to public transport
- Close to Westfield Marion, Castle Plaza, local schools and amenity
- Close to Tonsley Precinct, Flinders Medical Centre & Flinders University
Positioned approximately six kilometres from the CBD and well within reach of Westfield Marion, Castle Plaza, and the Seaford rail line, the location balances the ease of inner-south connectivity with the scale and streetscape of a genuine neighbourhood. Edwardstown is a suburb that rewards those who pay attention - and this home, with its proven structure, considered updates, gracious proportions, and an outdoor domain that sets a new standard for suburban living, is precisely the kind of property that rewards in kind.
A home of genuine substance - updated for the present, built to last well beyond it.
For further information or to arrange an inspection, please contact Ian Jesse at Refined Real Estate.
Listing description written by Ian Jesse, Refined Real Estate — reproduced as published, not verified by Districts.