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SA › Toorak Gardens › Sprod Ave

24 Sprod Ave, Toorak Gardens SA 5065

For saleHouse for Sale

$1,350,000–$1,450,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,350,000–$1,450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,350,000–$1,450,000(Listing record · 21 July 2026)
  • CalculationAsk is 26% below the Toorak Gardens median recorded sale ($1,820,000, n=5, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Toorak Gardens's advertised median rent ($580/wk), implied gross yield would be 2.23% — 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

$1,350,000–$1,450,000

Asking range

No recorded sale for this property.

Toorak Gardens at a glance

2,490

People

$1,820,000

Median sale

$580/wk

Median rent

1.66%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Toorak Gardens report →

Vs Toorak Gardens

-25.8%

Median sale

Suburb $1,820,000

+0.57 pp

Gross yield

Suburb 1.66%

Suburb median $1,820,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,350,000
Stamp Duty (South Australia)
$68,080
Transfer/Registration Fee
$14,003
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
$1,435,783

$85,783 on top of the price (6.4% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
0.73%
Annual cashflow (pre-tax)
$-60,290
Interest cover (DSCR)
0.14
Annual rent
$30,160
Operating expenses
$20,250
Loan amount
$1,080,000
Annual interest
$70,200
Gross yield
2.23%

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$1,350,000–$1,450,000available21 July 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 $580/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 2.2%. 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

Toorak Gardens in one glance

Toorak Gardens at a glance

2,490

People

$1,820,000

Median sale

$580/wk

Median rent

1.66%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Toorak Gardens report →

Keep researching

  • Why Toorak Gardens? Read the area thesis →
  • What else is on the market in Toorak Gardens →
  • Other records on Sprod Ave →

Listing material

Listed by Harris Real Estate Kent Town

Live large from a Toorak Gardens sanctuary that delivers on every front…

Big on space, light on maintenance, and perfectly placed between the CBD and Burnside's best, 24 Sprod Avenue proves you really can have it all.

Its Tudor-inspired façade makes a memorable first impression, but it's what unfolds beyond the front door that really earns your attention. High ceilings, timber-look floors, and streams of natural light set the tone, drawing you from a generous front lounge to an expansive open-plan living domain that refuses to feel ordinary.

Taking pride of place, a showpiece kitchen anchors it all with stone benchtops, a broad island, high end stainless-steel appliances (including dual convection and steam ovens), and more than enough storage to keep the busiest households running without missing a beat.

Read the full description

At the rear, a return entertaining area extends the living alfresco. Drop the outdoor blinds, fire up the barbecue, gather the crowd, or simply slow things down – it's an outdoor retreat that works as hard as you do.

The accommodation is just as well resolved. A privately positioned main suite delivers the peace every parent deserves, complete with a walk-in robe and ensuite, while three additional bedrooms and a spacious three-way bathroom keep any configuration comfortably in step.

Solar panels, secure carport, low-maintenance courtyard gardens, ducted R/C A/C, ceiling fans, garden shed, roller shutters, a separate laundry, and generous storage throughout ensure function follows form at every turn.

Step outside and the location does the rest. A short stroll lands you at Tusmore and Hazelwood Parks for morning laps, tennis hits, or lazy afternoons in the sun, while Burnside Village and The Parade Norwood place boutique shopping, cafés, and dining firmly within reach. The CBD sits just 10 minutes away, with zoning for Rose Park Primary School and Marryatville High School, plus a suite of leading private schools close by.

Space, style, and eastern suburbs ease - this is Toorak Gardens exactly as it should be.

More to love:

• C1995 home on 449sqm corner allotment

• Solar panel system

• Secure carport with drive-through access

• Additional off-street parking

• Ducted air conditioning and ceiling fans throughout

• Separate laundry with external access

• Security system

• External roller shutters

• Timber look floors

• High ceilings

• Garden shed

• Ceiling hung curtains

• Built-in robes

• Down and feature pendant lighting

Specifications:

CT / 5331/391

Council / Burnside

Zoning / EN

Built / 1995

Land / 449m2 (approx)

Frontage / 20.71m

Council Rates / $2,320.80pa

Emergency Services Levy / $477.40pa

SA Water / $277.74pq

Estimated rental assessment / Written rental assessment can be provided upon request

Nearby Schools / Rose Park P.S, Marryatville P.S, Linden Park P.S, Norwood P.S, Burnside P.S, Marryatville H.S, Glenunga International H.S, Norwood International H.S, Marden Senior College, Open Access College

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 Georgie Todd, 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.

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