Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$490,000
Last sold
1 Dec 2023
2
Bedrooms
1
Bathrooms
1
Car spaces
77 m²
Land
69 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
$490,000
1 Dec 2023 · derived via latest_sale
Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gilberton
-24.1%
Median sale
Suburb $645,750
+1.64 pp
Gross yield
Suburb 5.15%
Suburb median $645,750 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Housing Diversity Neighbourhood
HDN
Jurisdiction
Walkerville
Walkerville, 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 Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 13 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 $640/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 Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 13 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
Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Marx Real EstateNestled in the heart of Gilberton, South Australia, we present this stylish urban apartment that encapsulates the essence of modern living. Welcome to 24B Mercey Street, a delightful 2-bedroom, 1 bathroom gem that promises an exceptional lifestyle for those seeking convenience and comfort.
Situated in a prime location, this property offers the best of both worlds - the tranquillity of a quiet residential street combined with the vibrancy of nearby city amenities. Gilberton is renowned for its leafy streets, picturesque parks, and proximity to the Adelaide CBD, making it a coveted address for many.
The open plan living and dining area are flooded with natural light, creating an inviting space to relax and entertain. The neutral colour palette and timber flooring create a harmonious backdrop for your personal style.
The kitchen boasts functionality and style with ample storage, sleek cabinetry, mirror splash back creating a sense of space, under bench sink and modern appliances. The adjacent dining area is perfect for casual meals or formal dinners with friends and family.
The two bedrooms both features built in wardrobes and windows that welcome in the morning sun. The bathroom exudes a contemporary charm and with its clever design make it home to the laundry as well.
The low maintenance courtyard/balcony allows you to unwind, enjoy a morning coffee, or entertain guests.
Additional features this property offers:
• Split system air conditioning for year-round comfort
• Low maintenance living
From 24B Mercey Street, you can easily access a range of amenities. Walk to the nearby walking trails for a scenic stroll. Enjoy the vibrant dining and shopping options of North Adelaide, just a short drive away.
This Charming Gilberton property offers a fantastic opportunity to embrace the convenience and charm of urban living. Whether you're a first-time buyer, a couple looking to downsize, or an investor seeking a desirable rental property, it has something to offer everyone. Don't miss the chance to make this delightful property your new home.
Contact Sara La Nauze on 0407 775 951.
CT | 6187/107
Zoning | Residential
Council | TBC
Council Rates | TBC
STRATA Rates $1,041 pq
ESL | $118.75
SA Water | $250
It is a condition of entry at any of Marx Real Estates open homes and private inspections that we may ask to site an attendees proof of identification. In the instance of refusing to provide proof of identity, refusal of entry may occur.
DISCLAIMER: All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Listing description written by Sara La Nauze, Marx Real Estate — reproduced as published, not verified by Districts.