Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Hancock Rd
$461,000
Last sold
6 Dec 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
749 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
$461,000
6 Dec 2022 · derived via latest_sale
Local land rate: recorded House sales in Redwood Park (last 5 years) with land size have a median of $1,118/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Redwood Park
-45.9%
Median sale
Suburb $852,500
+3.19 pp
Gross yield
Suburb 3.76%
Suburb median $852,500 from 16 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 $616/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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by @realtyWelcome to 254 Hancock Road Redwood Park SA. The home is situated on a generous 725 square metre allotment and with measurements of approximately 20 metres front and back and 37 metres on the sides. There is a fabulous opportunity to develop the property, subject to council consents. With many options including to sub - divide and create 2 generous size allotments and sell as land or build 2 new homes to sell or keep one for you and sell the other or rent it out.
Other options may include building you dream home or renovating the existing home to live in, or if you are a flipper, this property may well be worth a look. The property is sure to interest a lot of purchasers.
The home is currently tenanted and consists of 3 bedrooms, 2 with built in robes, a formal lounge, and kitchen/meals area. There is a family bathroom, separate laundry and toilet. The home has gas heating and ducted evaporative cooling. Outside there is a full length rear verandah/entertainment area with a timber decking and a big back yard, there is also a double garage and plenty of off street parking available.
Close to all major facilities including, major shopping centres, medical centres, hospital, variety shops, high schools, primary schools and colleges, numerous hotels and restaurants. Also within easy walking distance of parks, ovals, reserves, sporting clubs and public transport.
Please see below for dot points
• 3 bedrooms – 2 with built in robes – formal lounge – kitchen – meals
• Gas heating – ducted evaporative cooling
• Full length rear verandah and decking area – big back yard – double garage
• Close to so many facilities including schools – shops and public transport
• Perfect for renovators – investors – developers and first timers
• Allotment approximately 20 metres front and back and 37 metres on the sides
TO VIEW THIS PROPERTY FOR INSPECTION PLEASE EMAIL ME TODAY
RLA 269823
Listing description written by Jon Downs, @realty — reproduced as published, not verified by Districts.