Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Tea Tree Gully › Milton St
4
Bedrooms
2
Bathrooms
2
Car spaces
739 m²
Land
114 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,139/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
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 $582/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
UnknownArea
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodSize, space and family-friendly convenience is jam-packed into this hugely versatile property that offers comfortable living from the get-go as well as tremendous scope to one day transform with a huge 739m2 block to renovate, extend or rebuild from the ground up when you're ready (STCC) 19mt Frontage.
Light and bright throughout, and with a wonderfully adaptable footprint to suit a range of household needs, enjoy a generous formal lounge, lovely dining and spacious timber-clad kitchen opening to a cosy alfresco, and huge outdoor entertaining area with beautiful pitched pergola and terrazzo tile floors lending you no shortage of space to unwind, relax or host friends and family for delightful dinners or sunny weekend barbeques of the memory-making kind.
Offering an excellent family-focused layout, you'll find three good-sized bedrooms (two with handy built-in robes), central bathroom with separate shower, bath and WC, airy home office/study, as well as a massive master bedroom with large walk-in robe and private ensuite. An outdoor shed/rumpus provides more stellar room to enjoy or entertain, while a sunbathed backyard will keep the kids happy for hours without needing to leave the house.
Lifestyle is key here too with both Tea Tree Gully Primary and Banksia Park High both a stone's throw from your front door for easy morning commutes, close to leafy reserves and sporting grounds for active, outdoor weekends, and a quick 6-minutes sees you to Tea Tree Plaza for all your everyday shopping, amenities, café and entertaining needs all in the one place.
THINGS WE LOVE
• Neat, tidy and hugely versatile property set on a sprawling 739m2 (approx.) block offers comfort living as well as incredible size and scope to redesign and rebuild (subject to council conditions)
• Massive master bedroom spilling with natural light featuring large WIR and private ensuite as well as opening directly to the sunny backyard
KEY FEATURES
• Free-flowing floorplan gliding over both gorgeous solid timbers floors as well as durable floating floors
• Generous formal lounge with wide windows, ceiling fan and lovely in-built timber shelving and entertainment unit
• Open-plan dining and spacious kitchen of abundant cabinetry and cupboards, and gleaming stainless appliances
• 3 versatile bedrooms, all with ceiling fans and two with BIRs
• Second cosy family room or inspiring home office-study
• Neat and tidy main bathroom with separate WC for extra convenience
• Large laundry and ducted AC throughout
• Spacious outdoor entertaining area with all-weather pitched pergola and ceiling fan
• Huge rumpus as well as large storage shed
• Sunbathed backyard
• Secure carport with auto roller door
LOCATION
• Only 1km to both Tea Tree Gully Primary and Banksia Park High
• Close to leafy reserves, parks and public transport
• A quick 6-minutes to Tea Tree Plaza for all your shopping and entertaining needs
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | City of Tea Tree Gully
Zone | GN - General Neighbourhood\\
Land | 739sqm(Approx.)
House | 114sqm(Approx.)
Built | 1965
Council Rates | $1,648.93pa
Water | $152.59pq
ESL | $272.75pa
Listing description written by Jann Wilksch, Ray White 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.