Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Athelstone › Lower Athelstone Rd

234 Lower Athelstone Rd, Athelstone SA 5076

House

$850,000

Last sold

8 June 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

707 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $850,000 (8 June 2024).(Recorded sale)
  • FactLand 707 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Athelstone (last 5 years) with land size: median $1,681/m² of land (n=97). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$850,000

8 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Athelstone (last 5 years) with land size have a median of $1,681/m² of land (n=97). Districts calculation from recorded sales — not a valuation.

Athelstone at a glance

10,003

People

$1,140,000

Median sale

$620/wk

Median rent

2.83%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Athelstone report →

Vs Athelstone

-25.4%

Median sale

Suburb $1,140,000

+0.96 pp

Gross yield

Suburb 2.83%

Suburb median $1,140,000 from 35 recorded sales (last 12 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$850,0008 June 2024
  2. Listedprice unknowncompleted22 May 2024
  3. Listedprice unknowncompleted22 May 2024

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 $620/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

Athelstone in one glance

Athelstone at a glance

10,003

People

$1,140,000

Median sale

$620/wk

Median rent

2.83%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Athelstone report →

Keep researching

  • Why Athelstone? Read the area thesis →
  • What else is on the market in Athelstone →
  • Other records on Lower Athelstone Rd →

Listing material

Listed by Harris Real Estate Kent Town

A big block & charming base to build from: An ideal entry with endless potential

A home that's sure to deliver just what you've been looking for – from a fantastic low set, low maintenance rental, picture-perfect passion project for young couples eager to turn mid-century character into modern contemporary charm, or a sweeping 707sqm parcel to build your dream family home from the ground up – 234 Lower Athelstone Road is an all-purpose property ready and waiting for fresh beginnings.

In well-kept original condition, there's lots to love without lifting a finger. An L-shape and light-filled lounge and dining warmed by classic timber panelling, the bright and airy kitchen and meals combines cooking with company so the resident chef can socialise as they serve, and a serviceable 3-bedroom footprint adds plenty of practicality around the conveniently central bathroom.

Stepping outside will get the creative juices flowing too with such a sweeping and sunny parcel tempting truly exciting renovation and extension potential (STCC). Adding to the live, lease or transformation possibilities, there's also the understated appeal of being arm's reach to a range of lifestyle amenities fit for the whole family here.

Read the full description

Strolling distance to Athelstone Primary and moments to a choice of public and private high schools, a stone's throw to the scenic trails of Linear Park and River Torrens inviting endless adventure, rejuvenating walks and weekend rides, as well as around the corner from Athelstone Shopping Centre or a quick trip in the car to the vibrant Newton Central & Target flourishing with some of the best cafés and specialty stores… this much-loved pocket of the east has it all.

Features you'll love:

- Neat and tidy c.1970's property presented in lovely original condition ready to live in or lease

- Set on a sweeping 707sqm (approx.) parcel inviting exciting renovation, extension or complete rebuild possibilities (subject to council conditions)

- Light-filled lounge and dining, as well as combined kitchen and casual meals with views into the backyard

- 3 ample-sized bedrooms, including generous master with ceiling fan, and two featuring BIRs

- Central main bathroom featuring separate shower and bath, as well as separate WC

- Practical laundry, handy hallway storage, and ducted evaporative cooling throughout

- Huge sunbathed backyard sprawling with lush lawns

- Oversized single car garage behind a charming, well-kept frontage

Location highlights:

A leisure stroll to Athelstone Primary, and moments to Saint Ignatius' College or Charles Campbell for stress-free starts to your morning

700m to the leafy walking trails of Linear Park, along with a raft of nearby parks, playgrounds and reserves

Around the corner from your local shopping centre for all your daily essentials, and just 5-minutes to the popular Newton Central & Target for fantastic shopping, café and speciality store options

Great access to the Paradise Interchange O-Bahn offering traffic-free commutes to the CBD

Specifications:

CT / 5651/925

Council / Campbelltown

Zoning / GN

Built / 1971

Land / 707m2 (approx)

Frontage / 19.81m

Council Rates / $1492.55pa

Emergency Services Levy / $140.0pa

SA Water / $499.37pq (incl. usage)

Estimated rental assessment / $500 to $530 per week / Written rental assessment can be provided upon request

Nearby Schools / Athelstone School, Paradise P.S, Thorndon Park P.S, Charles Campbell College, Dernancourt School

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Listing description written by Matt Lange, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.