Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Port Adelaide › Formby Cres
$1,125,000
Last sold
24 May 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
388 m²
Land
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
$1,125,000
24 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Port Adelaide (last 5 years) with land size have a median of $2,752/m² of land (n=13). Districts calculation from recorded sales — not a valuation.
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Port Adelaide
+28.9%
Median sale
Suburb $872,500
-0.72 pp
Gross yield
Suburb 3.22%
Suburb median $872,500 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Urban Activity Centre
UAC
Jurisdiction
Port Adelaide Enfield
Port Adelaide Enfield, SA
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
SAZoned Urban Activity Centre · UAC (Planning and Design Code). Official parcel area about 388 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 $540/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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Urban Activity Centre · UAC (Planning and Design Code). Official parcel area about 388 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?
KnownmediumNo 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
UnknownNo DA adapter returned applications 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
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Port AdelaidePositioned in a quiet, tightly held street just moments from the picturesque Port River, this freshly painted home delivers the perfect balance of space, comfort and functionality for modern family living. With a flexible floorplan and multiple living zones, the property has been thoughtfully designed to cater to both everyday living and effortless entertaining.
At the heart of the home, a well-equipped kitchen overlooks the main living area and flows seamlessly to the outdoor entertaining space, creating a true indoor-outdoor lifestyle. Accommodation is generous, with four bedrooms including a private master suite, while practical features and quality upgrades throughout ensure comfort, efficiency and ease of living.
Key Features:
• Double garage accommodating two vehicles, plus a driveway with space for an additional two cars, featuring fresh epoxy flooring and a rear roller door providing access to the backyard
• Master bedroom with beautiful arched windows, walk-in robe, ceiling fan, split system and ensuite with heat lamps and water temperature control
• Three additional bedrooms with mirrored built-in robes, ceiling fans and floating timber floorboards (split systems to all except the smallest room)
• Central bathroom with separate toilet and basin, bathtub and temperature control
• Hallway storage cupboard with shelving
• Separate dining room with decorative glass double doors and ceiling fan
• Kitchen with walk-in pantry, 900mm Electrolux oven, 5-burner gas cooktop and deep stainless steel sink
• Open plan living with split system air conditioning and ceiling fan
• Sliding door to expansive undercover outdoor entertaining area
• Established, well-maintained gardens providing privacy
• Outdoor sink for added convenience
• Two sheds and rainwater tank
• 2 x 6kW solar systems with 38 panels for energy efficiency
• Whole house water filtration system
• Gas hot water system
• Security system
• NBN connected to the premises
Perfectly located in a peaceful pocket of Port Adelaide, this home is just a short stroll to the Port River, local parks and walking trails. Enjoy the convenience of nearby shopping, cafes and schools, while being only a short drive to the coastline and Adelaide CBD. This is a lifestyle location offering both tranquillity and accessibility.
To place an offer on this property, please click the link here - https://tinyurl.com/mpffez8e
Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and is advised to enquire directly with the agent to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Alex Nilsen, Ray White Port Adelaide — reproduced as published, not verified by Districts.