Highbury at a glance
7,394
People
$1,114,500
Median sale
$597/wk
Median rent
2.79%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
2
Bathrooms
2
Car spaces
771 m²
Land
276 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Highbury (last 5 years) with land size have a median of $1,332/m² of land (n=93). Districts calculation from recorded sales — not a valuation.
Highbury at a glance
7,394
People
$1,114,500
Median sale
$597/wk
Median rent
2.79%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
Not detected
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 772 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 $597/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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 772 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 772 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
KnownmediumNo development applications were returned for this parcel. That is not a statement about nearby lots.
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
Highbury at a glance
7,394
People
$1,114,500
Median sale
$597/wk
Median rent
2.79%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodWith its earthy brick façade and dramatic angled roof line, 23 Reids Road is a 2-storey, set on a 771sqm (approx.) block, that commands your full attention from the get-go -and wait till you see inside! Following an extensive revamp, this double-brick wonder now wraps its inspired '70s design around a thoroughly modern interior where no expense has been spared in the pursuit of comfort and creativity.
As well as fresh paint, the renovations have introduced new flooring (a mix of hybrid timber and plush carpet), refurbished the kitchen entirely, and implemented a lighting design that lets you set the mood in every space - including the 2 flash new bathrooms. The raked ceilings and exposed timber beams remain, along with a floating timber staircase and much of the exposed brickwork.
Downstairs, a soaring void sits over a lounge that blends '70s vibes with 21st-century looks. A suspended fireplace creates a cosy corner hub, but most eyes will be drawn to the glass-enclosed spa tub, directly accessible through a frameless glass safety fence! The adjacent dining room now flows into a dreamy kitchen with streamlined cabinets, sleek benchtops and splashbacks, a 900mm induction cooktop and oven, and a huge WIP.
The 4-beds are split over the 2 levels: the master downstairs with a WIR and mico-cement ensuite with stylish black accents, a versatile guest bed/nursery right next door. Above the lounge is a mezzanine that works perfectly as a rumpus, with the other 2 bedrooms running off it, along with a new modern bathroom with a frameless glass-enclosed rain shower and - like the ensuite - a floating vanity & LED-backlit mirror.
Elsewhere, the double garage houses new laundry facilities, and the home is flanked by lush lawns and paved open-air patio spaces. If you're not hosting sunny day gatherings here, chances are you'll be strolling through nearby Linear Park - one of the perks of this 5-star location that also places you in walking distance proximity to Dernancourt Shopping Centre and buses to Westfield and the city.
FEATURES WE LOVE
• Bespoke 2-storey double-brick home blending mid'70s design with an all-new interior fit out
• Freshly painted, premium new kitchen & bathroom fit-outs + hybrid timber-look flooring, new robes and lighting (including LED strip lights/backlit mirrors in the bathrooms)
• Raked ceilings with exposed beams over lounge & mezzanine + dining room & upper beds
• Floating staircase with timber treads/bannister
• Exposed brickwork in the lounge + a suspended fireplace & access into a spa tub with bay window garden views
• Adjacent dining room now open to a Vogue-worthy kitchen with a big WIP, handle-free cabinets, high-end splashbacks/benches, 900mm induction cooker, oven & dishwasher
• Ground floor master with WIR + chic ensuite with a rain shower & fluted vanity finish
• Handy guest bed/nursery next door with BIRs
• 2 more carpeted beds (both with BIRs) off the mezzanine & a full-height tiled bathroom with kit-kat style vanity splashback & frameless glass enclosed shower
• Split system AC unit in the lounge, ceiling fans in all 4 beds & on the mezzanine
• Dual lounge access onto a paved open-air outdoor entertaining patio
• 2 large side yards with lawn & established gardens, both accessible through double gates
• Secure double garage incorporating all-new laundry facilities + additional parking space off-street & on the drive-way, with room for a caravan/boat
LOCATION
• Leisurely 5-minute walk to Linear Park with bridge access to Rotary Park BBQ picnic area
• A 10-minute wander up to Dernancourt Shopping Centre (Coles, chemist, health services)
• Handy bus services to Tea Tree Plaza & town from nearby Lower North East Rd
• Zoned schools: Dernancourt Primary & Modbury High
• About 10km from the city, 20 minutes by car
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Norwood RLA 278530
Property Details:
Council | Tea Tree Gully
Zone | General Neighbourhood
Land | 771sqm(Approx.)
House | 276sqm(Approx.)
Built | 1977
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Joe Hibeljic, Ray White Norwood — reproduced as published, not verified by Districts.