Clarence Park at a glance
2,693
People
$1,401,000
Median sale
$546/wk
Median rent
2.03%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Clarence Park › Lorraine Ave
$860,000
Last sold
3 Nov 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
440 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$860,000
3 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Clarence Park (last 5 years) with land size have a median of $2,154/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Clarence Park at a glance
2,693
People
$1,401,000
Median sale
$546/wk
Median rent
2.03%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Clarence Park
-38.6%
Median sale
Suburb $1,401,000
+1.27 pp
Gross yield
Suburb 2.03%
Suburb median $1,401,000 from 11 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 $546/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
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
Clarence Park at a glance
2,693
People
$1,401,000
Median sale
$546/wk
Median rent
2.03%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate RiggallThis C1925 charming bungalow presents the astute buyer with an exciting opportunity to purchase in this blue-chip location. Set on 440m2 allotment (approx.), a neat property with old-world charm and offers scope to update to your own liking. This is a rare offering in a popular suburb close to the city and sea.
Features to admire include:
- Large master bedroom
- Bedrooms two and three are of a good size and have ceiling fans
- Spacious lounge with timber floors and fireplace
- Kitchen with gas appliances adjacent formal dining room
- Functional bathroom with shower and vanity
- Laundry and separate toilet
- Gas hot water system
- Rear shed and rainwater tank
- Rear verandah area for entertaining
- Neat and low maintenance gardens
- Carport and auto rollerdoor
- NBN ready
- 440m2 allotment (approx.)
- Rental potential of $550 per week
Set on a lovely tree-lined street and in an enviable location, enjoy the local café scene, the nearby shopping precincts of Cumberland Park and the vibrant Goodwood Road. A short drive away are the shopping strips of King William Road Hyde Park and Unley Road, with the city only 6kms away. Don’t miss out on this opportunity to live, work and play in this great location.
Auction Saturday 11 November 2023 @ 11:30am (Unless Sold Prior)
The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
Listing description written by John Riggall, First National Real Estate Riggall — reproduced as published, not verified by Districts.
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