Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Forestville › First Ave
$1,020,000
Last sold
28 May 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
619 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
$1,020,000
28 May 2025 · derived via latest_sale
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Forestville
-41.3%
Median sale
Suburb $1,738,850
+1.15 pp
Gross yield
Suburb 1.63%
Suburb median $1,738,850 from 8 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 $546/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Toop & Toop NorwoodPositioned on one of Forestville's premier streets, 25 First Avenue offers a substantial 619m² allotment with an impressive 18.29m frontage in a highly sought-after inner-city suburb that's set to boom.
While the existing three-bedroom, one-bathroom dwelling is in poor condition, those prepared to roll up their sleeves could refresh, update, or extend (STCC) the existing dwelling to create a comfortable family home.
Alternatively, this sizeable parcel presents an ideal foundation to build a contemporary residence tailored to your needs.
Whichever path you choose, the true attraction is undoubtedly the exceptional location. Forestville is experiencing significant transformation and increasing popularity, particularly due to the major redevelopment of the former Le Cornu site, soon to feature vibrant retail precincts, dining options, and South Australia's first rooftop urban farm.
This landmark project is set to greatly enhance local property values and lifestyle amenities, reinforcing the investment potential of this exceptional address.
There's also very easy access to the Adelaide CBD, either by car or public transport, while the retail and dining delights of Goodwood Road are within comfortable walking distance.
Location Highlights:
- Adelaide CBD: 2km (5-minute drive)
Public Transport:
- Forestville Tram Stop: 350m (direct CBD and Glenelg access)
- Goodwood Train Station: 800m
- Bus Routes: Multiple stop within easy walking distance
Shopping & Dining:
- Goodwood Road precinct: 800m, renowned for cafés, restaurants, boutique shopping, and community atmosphere.
- Upcoming Forestville Development: 300m, soon to offer supermarket, specialty retail, eateries, and the rooftop urban farm.
Education:
- Zoned for highly regarded Adelaide High School and Adelaide Botanic High School
- Goodwood Primary School: 1.2km
- Richmond Primary School: 1.6km
Recreation:
- Unley Swimming Centre: 500m
- Expansive Adelaide Parklands: Less than 1 km, ideal for walking, cycling, and family leisure activities.
This property represents an exciting chance to invest in a suburb on the cusp of substantial growth, offering flexible potential for renovation or redevelopment in a truly premium location.
Method of Sale: Best offers closing at 1pm on Tuesday, May 27 (unless sold prior)
Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, TOOP+TOOP makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
For more information: Contact Ben Scadden of TOOP+TOOP Real Estate on 0401 573 580
Listing description written by Ben Scadden, Toop & Toop Norwood — reproduced as published, not verified by Districts.
Nearby 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.