Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Happy Valley › Tennessee Dr
$480,000
Last sold
25 Oct 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
660 m²
Land
110 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
$480,000
25 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Happy Valley (last 5 years) with land size have a median of $1,025/m² of land (n=159). Districts calculation from recorded sales — not a valuation.
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Happy Valley
-44.5%
Median sale
Suburb $865,250
+3.07 pp
Gross yield
Suburb 3.83%
Suburb median $865,250 from 12 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 $637/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
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstateSituated on a generous corner block and in close proximity to local amenities is this beautifully presented three-bedroom home that provides exceptional value for money. Offering two separate living areas, a beautiful backyard and side gate access, this home is the perfect addition for the savvy investor, first home buyer or growing family alike.
Upon entering the home, you are greeted with a stunning front living & dining area which is beautiful and bright, a large picture window spilling an abundance of natural light into the space. The dining area will comfortably seat the entire family for a delicious dinner and is also perfect when entertaining as there is access through sliding doors to the outdoor area. For added comfort, the living & dining is serviced by a gas heater & air conditioner for optimum temperature control.
Adjacent is the kitchen/second lounge which is complete with quality flooring and is spacious & versatile, offering the new owner the opportunity to customise the floorplan as they desire. The kitchen features a neutral colour theme with a large window that overlooks the stunning rear yard and is complete with an abundance of benchtop, cupboard and drawer space, a gas cooktop & oven as well as a breakfast bar.
Continuing the home, we find the three bedrooms which are conveniently positioned in close proximity to the home's main bathroom & laundry. The master bedroom is complete with a ceiling fan and walk-in robe for storage convenience. Bedrooms 2 & 3 are also of good size, one of which is complete with built-in robe and ceiling fan.
Like the inside of the home, the outside is fantastic. The front of the home offers genuine street appeal, manicured gardens and a front patio with beautiful foliage covering; the perfect spot to enjoy your morning coffee. Additionally, there is access to the property via the side gate. The rear yard features an undercover entertaining space as well as a beautiful patio area and on the lower level of the yard is another paved area where you can sit and enjoy the gardens in the warmer summer months.
Additionally, there are three sheds for storage of garden tools/equipment as well as two rainwater tanks for water efficiency.
As for the location, there is no better place in the Southern Suburbs to live, entertain and raise a family. The property is in walking distance to a number of parks and reserves, public transport & bus stops. Nearby you will find Happy Valley local shops, Reynella East College, Happy Valley Kindergarten; as well as easy access to Main South Road or the Southern Expressway - there is no doubt that this home is in an exceptionally convenient location.
Disclaimer: All floor plans, 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 Travis Denham, Magain Real Estate — reproduced as published, not verified by Districts.