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SA › Bedford Park › Burbank Ave

23 Burbank Ave, Bedford Park SA 5042

House

$447,000

Last sold

15 May 2020

4

Bedrooms

1

Bathrooms

1

Car spaces

808.5 m²

Land

143 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $447,000 (15 May 2020).(Recorded sale)
  • CalculationLand 809 m² against a 143 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bedford Park (last 5 years) with land size: median $1,045/m² of land (n=23). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$447,000

15 May 2020 · derived via latest_sale

Local land rate: recorded House sales in Bedford Park (last 5 years) with land size have a median of $1,045/m² of land (n=23). Districts calculation from recorded sales — not a valuation.

Bedford Park at a glance

2,168

People

$950,000

Median sale

$555/wk

Median rent

3.04%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full Bedford Park report →

Vs Bedford Park

-52.9%

Median sale

Suburb $950,000

+3.42 pp

Gross yield

Suburb 3.04%

Suburb median $950,000 from 11 recorded sales (last 24 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$447,00015 May 2020
  2. Listedprice unknowncompleted9 Apr 2020
  3. Listedprice unknowncompleted9 Apr 2020

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 $555/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

Bedford Park in one glance

Bedford Park at a glance

2,168

People

$950,000

Median sale

$555/wk

Median rent

3.04%

Suburb gross yield

Median sale from 11 recorded sales (last 24 months) — a Districts calculation.

See the full Bedford Park report →

Keep researching

  • Why Bedford Park? Read the area thesis →
  • What else is on the market in Bedford Park →
  • Other records on Burbank Ave →

Listing material

Listed by Magain Real Estate

An exciting opportunity to renovate or redevelop in sought after location

Please contact Rachael Farror and Danielle Comer to schedule a viewing time.<P>

Ideally positioned on a generous 808.5sqm (approx) allotment in the City of Mitcham's residential suburban activity node, a zone to include a range of medium and high density residential developments, this home represents an outstanding opportunity for both home owners, developers (stcc) and investors alike.<P>

Upon entry to the home you are welcomed by cozy formal lounge, which blends seamlessly through to the neutral toned kitchen with well designed breakfast bar and overlooking a casual dining. Found just off the casual meals is a bonus second living room which is a great size, and features a handy servery direct from the kitchen and large picture windows looking out over the backyard. With a gas heater and split system heating and cooling, life will be comfortable throughout the seasons.<P>

Read the full description

The front positioned master bedroom includes a ceiling fan, while bedrooms two, three and four are complete with built in robes. All four bedrooms are serviced by the main bathroom, its spacious design making room for a shower, bath, vanity and separate toilet while an adjacent linen press provides valuable extra storage space.<P>

Outdoors is all ready for you to add your own stamp to it, the large flat lawn is a children's dream come true with plenty of space for them to run around while a paved undercover patio provides a great place to entertain family and friends. The tradie of the family will be in awe of the huge powered shed with drive through access from the front carport.<P>

Valuable extras include: a single double length carport with drive through access to the rear powered shed, solar panels to help reduce those rising electricity costs and two rain water tanks.<P>

So much potential and so close to Flinders University and the Flinders Medical Centre, plus a stones throw away from arterial roads including the Southern Expressway for a quick drive to the popular McLaren Vale wine region and the newly designed South Road for easy access to the CBD, this home will not last for long so call now to arrange a time to inspect before it's too late.<P>

Magain - COVID-19 Inspection Protocol<P>

At Magain Real Estate, the safety of our staff, clients and the public is of the utmost importance to us. At this time of uncertainty, we need to align with government health recommendations and put precautions in place to protect the community.<P>

To ensure your health and safety, we will arrange viewings BY APPOINTMENT only to limit the number of people at any one time. But rest assured our team are here to accommodate your needs with viewing times. Please don't hesitate to contact the agent for further details and inspection times. We understand this is a difficult time for everyone and we thank you for your cooperation.<P>

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.

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

Property features

  • Air Conditioning
  • Toilets: 1
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.