Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Somerset Ave
$563,000
Last sold
11 Sept 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
690 m²
Land
171 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
$563,000
11 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Redwood Park (last 5 years) with land size have a median of $1,118/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Redwood Park
-34.0%
Median sale
Suburb $852,500
+1.93 pp
Gross yield
Suburb 3.76%
Suburb median $852,500 from 16 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 $616/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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eclipse Real EstateSay hello to a solid and secure, Torrens Title family home, built in 1971 which sits on an opportunistic 690 sqm* allotment, this property presents a unique canvas for your dreams. If you're looking for an entry point into Redwood Park, then you've found your opportunity!
Upon entering the home, you'll be greeted by radiant timber-look flooring leading you into the large-scale front living room, which boasts an abundance of natural light, creating a warm and inviting atmosphere.
The kitchen features ample bench space, a gas cooktop, and a tasteful, tiled splash-back. Just adjacent is the light-filled meals area, perfect for relaxed family gatherings.
This home comprises three spacious bedrooms, each adorned with carpeting and wide windows, allowing for a comfortable and cozy living experience.
The main bathroom is complete with a large spa-bath and shower. Additionally, a separate WC provides added privacy for a growing family.
For those who enjoy outdoor living, this property has plenty to offer. With a concreted undercover outdoor area, year-round entertaining is a breeze. The generous grassed area is ideal for active families and is complemented by established landscaping, catering to the avid gardener's desires.
Parking is a breeze with one undercover carport, a single lockup garage, and ample additional parking space, ensuring convenience for you and your guests.
Enjoy the convenience of walking to nearby shopping centres, schools, public transport and parks, making your daily errands a breeze. Nature enthusiasts will love the proximity of Sherwood Reserve, which is just a leisurely 5-minute stroll away. And when it comes to shopping, the St Agnes shopping centre is just a 15-minute walk away, offering an abundance of specialty shops to explore and indulge in.
Check me out;
- Torrens Title, 1971 built
- Solid & secure, 3-bed family home
- Opportunistic 690 sqm* allotment
- Large front living room
- Kitchen with gas cooktop & tiled splash-back
- Light-filled, meals area
- Spacious bedrooms with carpeting & wide windows
- Main bathroom with a large spa-bath & shower
- Undercover outdoor area
- Grassed area & established landscaping
- Single lockup garage & undercover carport
- Minutes to St Agnes Shopping Centre or IGA Redwood Park
- A short stroll to peaceful Sherwood Reserve
- Opportunity to add value and your own personal style
- Entry point into the sought after suburb of Redwood Park
- And so much more...
Specifications:
CT // 5397/827
Built // 1971
Land // 690 sqm*
Home // 171 sqm*
Council // Tea Tree Gully Council
Nearby Schools // Ridgehaven Primary School & Saint David's Parish School
On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.
Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Jayden Kirk - 0422 105 052
jaydenk@eclipserealestate.com.au
RLA 277 085
Listing description written by Jayden Kirk, Eclipse Real Estate — reproduced as published, not verified by Districts.
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