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SA › Croydon Park › Rugby Ave

24 Rugby Ave, Croydon Park SA 5008

For saleHouse for Sale

$31,530

For sale

Asking

5

Bedrooms

2

Bathrooms

2

Car spaces

459 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $31,530 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $31,530(Listing record · 12 Aug 2026)
  • CalculationAsk is 97% below the Croydon Park median recorded sale ($990,500, n=24, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Croydon Park's advertised median rent ($558/wk), implied gross yield would be 92.03% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$31,530

Asking · $69/m² of land

No recorded sale for this property.

Croydon Park at a glance

4,197

People

$990,500

Median sale

$558/wk

Median rent

2.93%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Croydon Park report →

Vs Croydon Park

-96.8%

Median sale

Suburb $990,500

+89.10 pp

Gross yield

Suburb 2.93%

Suburb median $990,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$31,530
Stamp Duty (South Australia)
$526
Transfer/Registration Fee
$251
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$36,007

$4,477 on top of the price (14.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Croydon Park's advertised median rent — not a rent for this listing.

Net yield
90.53%
Annual cashflow (pre-tax)
$26,903
Interest cover (DSCR)
17.41
Annual rent
$29,016
Operating expenses
$473
Loan amount
$25,224
Annual interest
$1,640
Gross yield
92.03%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$31,530available12 Aug 2026

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 $558/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

Gross yield if leased at the suburb aggregate is 92.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Croydon Park in one glance

Croydon Park at a glance

4,197

People

$990,500

Median sale

$558/wk

Median rent

2.93%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Croydon Park report →

Keep researching

  • Why Croydon Park? Read the area thesis →
  • What else is on the market in Croydon Park →
  • Other records on Rugby Ave →

Listing material

Listed by Ray White Woodville

A Bold Reinvention Of Five-Bedroom Flexibility - With A Studio Bonus

Open Inspections // Saturday 29th August 3:00pm - 3:30pm & Monday 31st August 5:00pm - 5:30pm

*Price Guide - The property is being offered by way of best offer. No price guide will be given under the vendors' instruction, however recent sales data will be provided upon request via email and at the open inspections*

Reimagined in ways you'd never expect, this solid brick home is a marvel of many talents - boasting a bold style check, automatic front gates and a multi-talented rear studio in the invincible inner west.

Read the full description

Set on an immaculate and secure 459sqm* Torrens titled allotment, it proves that versatile family value need never be measured on land size alone.

Calling on Days Road for transport and Queen Street for its cult cafe following, this 1950's home with fresh 2020's clarity presents an enticing first-time family home, lifestyle upgrade or a life-long investment.

Inside welcomes with a spacious lounge showcasing rich jarrah floors, traditional high ceilings and decorative ceiling roses against a fresh, contemporary aesthetic.

Uniting as one social space, the modern kitchen and family meals area gathers and grazes around a granite-swathed kitchen hosting a central island, a wrap of high and low cabinetry, quality appliances, and considered work triangle functionality.

Featuring heating, cooling and cafe blinds, the gabled all-weather patio is the only link to the otherwise separate and private rear studio - an air conditioned and flexible fifth bedroom, teen escape or home business zone, complete with a washroom and laundry.

Worlds away in design and feel, the master suite is a sanctuary of warmth and calm against a custom walk-in robe and crisp ensuite. Three individually styled bedrooms offer chic lighting, tall robes and sheer window furnishings; the rear second bathroom opens to opulence, grounded by a deep bath with spa jets.

Complemented by extensive off-street parking, secure dual-car garaging, roller shutters and full perimeter fencing, this bold reinvention delivers flexibility, personality and peace of mind in one unique and distinct package.

Features to Expect:

Circa 1958 character 5-bedroom home on a 459m2* allotment

4 bedrooms + a rear 5th in the flexible and semi-detached rear studio

12m x 4m (approx.) all-weather alfresco, with cafe blinds and climate comfort

2-car carport + additional off-street parking behind automatic gates

Accent light fixtures and soft sheers to most rooms

Built-in robes to 3 bedrooms | Walk-in robe and ensuite to main bedroom

Peace of mind privacy and security, Alarm & 6 Cameras + Hardrive

Roller shutters to most windows

3m x 2m under-floor wine cellar via the master WIR

Ducted air conditioning to the main home; split system R/C A/C to studio

Service courtyard with storage shed

Repainted, replumbed and rewired

5008 | Croydon Park in Focus:

Endless eateries, Costco retail, the Churchill and Prospect precincts, and the iconic Coopers Brewery - this hidden pocket won't hide forever with a radius stretching to the coast, West Lakes, and the city.

Identifiable by its streets full of post-war maisonettes and mid-century homes, Croydon Park's popularity keeps investors and first-time buyers circling for its larger blocks and imminent lifestyle.

With proximity to Days and Regency Roads, the Hoyts Cinemas at Arndale, an easy city commute by rail, road or bus, and links seamlessly to the progressive North-South Motorway - Croydon Park should be your focus.

*We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified*

Listing description written by Peter Kiritsis, Ray White Woodville — 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.

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