Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Pennington › King St
$735,000
Last sold
7 Aug 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
790 m²
Land
120 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
$735,000
7 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Pennington (last 5 years) with land size have a median of $1,326/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Pennington
-23.4%
Median sale
Suburb $960,000
+0.96 pp
Gross yield
Suburb 3.11%
Suburb median $960,000 from 15 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 $575/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
UnknownArea
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smith Partners Real EstateWe are extremely thrilled to present this dearly treasured family home, offering a versatile floorplan and set on approx. 790sqm allotment. Step inside to a large formal lounge, enjoying a front streetscape and an abundance of natural light. The master bedroom with built in robe, and bedroom three are located at the front of the property and are easily accessible from the formal lounge. Bedroom two is located next to the main bathroom boasting twin his and her vanities.
A good old fashion updated family kitchen features 5 burner gas stove, dishwasher, microwave provision, overhead cupboards, pull out drawers and an abundance of bench space/storage space. Step into the mud room, storage room/study, laundry and second W.C, all conveniently located next to kitchen. Also, home to an enormous, rear, family room and a separate rumpus/handyman workshop, with side access from carport.
An immense 7.1 x 6.00 metre gabled veranda entertaining area and BBQ cooking area, overlooking a large, low maintenance lawn area, perfect for family cricket or the occasional footy match. A double length carport leads to a double garage, perfect for extra space or storing several vehicles, boat or trailer. Additional parking is also available on the opposite side of the property, this can also be used for storing extra vehicles.
Additional features:
Ceiling fans to formal lounge, bedroom three and outdoor entertainment area.
Air conditioning – cooling to family and formal lounge.
Gas heating.
Sink, lights, concrete floor and power to shed.
3.00 X 15.00 metre carport leading to rear garage.
Roller door to carport.
2.70 X 7.00 metre second undercover parking bay.
Secure gate to undercover additional parking bay.
Rain water tank.
This beautiful house is within walking distance to Pennington Oval, Adelaide Victory FC and Pennington primary school R-7. Just a short drive to historical Port Adelaide, boasting an abundance of restaurant, hotels, visitor attractions and variety stores. Local schools both public and private, public transport, shopping centres are all only minutes away.
This is a rare find. The current owners have lived in the home for nearly 50 years, many treasured memories have been created with family and friends. Don't be disappointed and miss out on creating your own family, future memories in this charming, dearly loved, family home.
Listing description written by Pamela Barrington & Michael Beveridge, Smith Partners Real Estate — reproduced as published, not verified by Districts.
Nearby 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.