St Morris at a glance
1,697
People
$1,349,000
Median sale
$572/wk
Median rent
2.20%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › St Morris › Breaker Street Corner Of Third Ave
$828,000
Last sold
31 Mar 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
613 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$828,000
31 Mar 2021 · derived via latest_sale
Local land rate: recorded House sales in St Morris (last 5 years) with land size have a median of $2,138/m² of land (n=17). Districts calculation from recorded sales — not a valuation.
St Morris at a glance
1,697
People
$1,349,000
Median sale
$572/wk
Median rent
2.20%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs St Morris
-38.6%
Median sale
Suburb $1,349,000
+1.39 pp
Gross yield
Suburb 2.20%
Suburb median $1,349,000 from 7 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 $572/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
St Morris at a glance
1,697
People
$1,349,000
Median sale
$572/wk
Median rent
2.20%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bruse Real EstateALL OFFERS SUBMITTED PRIOR TO AUCTION.
THIS IS A GREAT OPPORTUNITY FOR THE BUYER WHO WILL SEEK TO MOVE IN AND LIVE IN A HOME WITH UPGRADED KITCHEN, UPGRADED BATHROOMS, 3 BEDROOMS AND GENEROUS LIVING AREA.
This property tenanted until 27 September 2021 for $450 per week.
It really is an opportunity to move in and live and enjoy a wonderful life in the home with long term aspects of demolishing the home, building a new home on the site, but it is entirely up to you. You do not have to do that, it is just great home to live in September.
A marvellous location is what it's all about and certainly this corner allotment of Breaker Street and Third Avenue is really a star in St Morris.
St Morris is well known for good homes and Breaker Street is a beautiful street with an opportunity to have a quiet lifestyle amongst other quality homes, older and new.
This home is ideally suited to the one house allotment purchaser and it is generous in size with a corner position allowing you to put extra garaging and storage to the side of the home to suit your own needs and it is tenanted now giving time to set approval for your new home and have an income in the meantime.
The home itself has 3 good sized bedrooms all with built-in robes, a generous living area, an excellent upgraded kitchen and dining area, a well-proportioned bathroom with separate shower and bath, a generous laundry and separate w/c. To the rear of the home there is a very 9m x 4m pergola area and a tool shed to the rear of the home. There is a pergola area on the side of the home measuring some 5.71m x 3.5m which is an ideal carpark area if so desired.
It really is a brilliant opportunity in a brilliant location. Don't miss out on this one. We all know this style of offering is a rare find in this price range in this amazing area.
BEVAN BRUSE 0419 809 852
Information
Certificate of Title: Volume 5180 Folio 20
Council: City of Payneham Norwood & St Peters
Council Rates: $1632.10 per year (approx.)
SA Water Rates: $212.23 per quarter (approx.)
Emergency Services Levy: $415.10 per year (approx.)
Land Size: 613m2 (approx.)
Year Built: 1925
School Zoning
Trinity Gardens School
Norwood Morialta High School
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 advice.
The Vendor's Statement (Form 1), the Auction Contract and the Conditions of Sale will be available for perusal by members of the public at 357 Greenhill Road, Toorak Gardens 3 business days prior to the auction and on-site 30 minutes before the auction.
Listing description written by Bevan Bruse, Bruse Real Estate — reproduced as published, not verified by Districts.
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