Edwardstown at a glance
5,300
People
$1,028,750
Median sale
$578/wk
Median rent
2.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
SA › Edwardstown › Gurney St
$980,000
Last sold
14 Feb 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
872 m²
Land
125 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
$980,000
14 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Edwardstown (last 5 years) with land size have a median of $1,767/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Edwardstown at a glance
5,300
People
$1,028,750
Median sale
$578/wk
Median rent
2.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Edwardstown
-4.7%
Median sale
Suburb $1,028,750
+0.15 pp
Gross yield
Suburb 2.92%
Suburb median $1,028,750 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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.
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.
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
UnknownArea
Edwardstown at a glance
5,300
People
$1,028,750
Median sale
$578/wk
Median rent
2.92%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia SATeam eXp Realty proudly presents - Superb Family allotment, 23 Gurney Street , Edwardstown SA - 5039.
Positioned on an extensive 872 sqm block (approx.) this property is sure to appeal to creative renovators, developers, and savvy investors who are looking to expand their property portfolio. This honest family home has been lovingly cared for over the years and is ready for a new beginning to add new life to it.
The home consists of an open plan eat-in kitchen/dine which is light filled and contains a large glass window. There are 3 bedrooms, all are a good sized and serviced by an original but neat central bathroom and one extra toilet. With a Spacious Living room at the front and a decent Rumpus room at the back, there's plenty to Offer. There's an unused concrete swimming pool in the backyard.
Additional features include:
- Ducted Reverse Cycle Airconditioning system through out
- Handy Garden and Tool shed
Situated in an extremely central location and within close proximity to local amenities such as parks and schools, this residence presents the perfect opportunity to secure quality real estate in an ideal location. Conveniently located just 8 kms from Adelaide city in the coveted General neighbourhood zone of Edwardstown, 23 Gurney Street puts you in close proximity to a variety of amenities. From nearby parks and recreational facilities to shopping centres and public transport, everything you need is within easy reach.
While the current structure may show signs of wear and tear, envision the prospect of revitalizing this parcel into a lucrative subdivision project. The expansive land offers ample space for strategic development (STCC), allowing for the creation of multiple plots or units that could cater to the growing demand in the area.
Don't miss out, secure your long-term future, because this suburb is thriving with new development (STCC) due to enviable living between beach and city. Feel free to contact Amol Punni (0423729358) or Paul Denisoff (0425767091) from team eXp Realty.
RLA 300185
RLA 300 185
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 Amol Punni, exp Australia SA — reproduced as published, not verified by Districts.
Nearby 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.