Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Port Adelaide › Formby Cres
3
Bedrooms
2
Bathrooms
2
Car spaces
215 m²
Land
260 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Port Adelaide (last 5 years) with land size have a median of $2,755/m² of land (n=14). Districts calculation from recorded sales — not a valuation.
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 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 $540/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
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White SemaphoreWe are pleased to present this stylish , unique, low maintenance two storey three bedroom home right on the river in Port Adelaide .
The cleverly designed first floor, living area maximizes and captivates the spectacular views, and provides many
entertaining options.
The kitchen is sleek smart and modern with adjacent dining room which has an outlook to the river and a fantastic large balcony .This balcony is ideal for entertaining , BBQ'S and an outdoor kitchen. This is truly an amazing space .
Sitting in your lounge room you will enjoy everything this peaceful , idyllic home has to offer, the gorgeous sunsets, cool breeze , bird life and sometimes dolphins frolicking right before your eyes.
In addition there are two more balconies one looking to the river and one with and easterly aspect.
The first floor living space has been astutely thought out to capture all the beauty on offer and intelligently designed to utilize and maximize every centimetre of space.
Entry to this home is via a very secure side entry into a large hallway , which houses the wooden staircase that leads to the first floor .
This home has three bedrooms , master with ensuite and walk in robe, from this bedroom you can enjoy the tranquil river views .Second bedrooms has views and the third bedroom is at the rear of the home . The second bathroom is large with a bath and a toilet . There is a separate laundry.
A secure double lock up garage is at the rear of the home with the convenience and safety of an entry from the garage into the home .There is also an extra off street parking area suitable for a caravan or a boat.
You will enjoy a relaxed, enviable lifestyle in this home ,along with everything else Port Adelaide has to offer .
Friendly people , minutes to some of Adelaide's best beaches, restaurants, (Mexican , Italian , Greek, Indian ) , cafes galore ,hotels oozing with history, shopping a 5 to10 minute walk away,a vibrant art culture , parks , river loop , canoeing , sailing , Dolphin Cruise , museums , churches , schools major events and festivals. A short train trip to the city, close to West Lakes . We have lived in Port Adelaide for 30 years and love it , we have seen the transformation over the years , some say The Port is up and coming we say it has well and truly arrived .
Please be sure to call for an Inspection of this beautiful home , by appointment only Call Michelle on 0400 823 395 or Graham on 0400 822 185
Listing description written by Graham Minns, Ray White Semaphore — reproduced as published, not verified by Districts.