Beulah Park at a glance
1,665
People
$1,512,500
Median sale
$632/wk
Median rent
2.17%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
SA › Beulah Park › Melrose Ave
3
Bedrooms
2
Bathrooms
2
Car spaces
686 m²
Land
290 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 Beulah Park (last 5 years) with land size have a median of $2,715/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Beulah Park at a glance
1,665
People
$1,512,500
Median sale
$632/wk
Median rent
2.17%
Suburb gross yield
Median sale from 6 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 $632/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
Beulah Park at a glance
1,665
People
$1,512,500
Median sale
$632/wk
Median rent
2.17%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodWith unmistakable character and brilliant blue-ribbon positioning in one of the most tightly held pockets of the east - arm's reach to prestigious private and public schools, and a stone's throw to the iconic Parade Norwood for unrivalled lifestyle options - 26 Melrose Avenue proudly holds onto its c.1920's charm, while leaving the door wide open for a raft of possibilities.
Much-loved and neatly presented inside and out, marvel at yesteryear aspects, such as the return verandah frontage overlooking neat gardens, soaring ceilings and wide central hallway, along with solid four-square footings that sees 2 large bedrooms followed by the sweeping formal lounge and dining divided by lovely timber French doors.
Offset by the adjoining contemporary kitchen, an excellent rumpus retreat helmed by a bar ready to pour and a casual meals - both opening wonderfully to the charming outdoor entertaining area with all-weather pergola - adds a welcome invitation to host your nearest and dearest, enjoying weekend get-togethers for fun-filled, summer season festivities.
The addition of a supremely spacious master bedroom complete with private ensuite quickly elevates the functionality to the otherwise mostly original home proper. And, along with ducted evaporative AC, an array of split-system units, as well as plenty of backyard space for the kids to play or family pet to happily roam, seizing such a property where a wash of easy updates and minor refurbs would quickly have it ready for a 2024 fresh start.
That said, nestled on a very enticing 686m2 parcel, notions of a spectacular character-meets-modern conversion with a re-inspired extension turn this character classic into a Beulah Park masterpiece (STCC). Combining such incredible renovation potential with arm's reach access to all the sought-after drawcards of this elite area… this is an opportunity you don't want to let slip through your fingers!
FEATURES WE LOVE
• Gorgeous character block, classic return verandah frontage, soaring ceilings, timeless stained-glass aspects, and bluestone block footings
• New flooring and a fresh coat of paint throughout the home, as well as freshly painted exterior
• Lovely formal lounge and dining, with adjoining rumpus retreat and casual meals delivering no shortage of space to relax and unwind, as well as entertain
• Open fire place in the lounge and dining rooms, keeping you toasty warm in winter
• Practical contemporary kitchen with plenty of cabinetry and cupboards, and great bench top space
• 2 generous front bedrooms, both light-filled and airy
• Spacious master at the rear of the home featuring private ensuite
• Recently renovated family bathroom
• Functional laundry, ducted evaporative AC, and an array of split-system AC units throughout
• Delightful outdoor entertaining area with all-weather pergola, double garage and sunny lawn
• Charming street presence, with neat lawns and established greenery, and space for up to 3 additional car parks behind automatic front gates
• New Colorbond roofing and gutters
• Set on a sweeping 686m2 allotment inviting exciting renovation, redesign or rebuild possibilities (subject to council conditions)
LOCATION
• A short walk to Pembroke College, and zoned for Marryatville Primary and Norwood International both minutes away
• Close to a raft of cafés and restaurants dotted along Magill Road, and a stone's throw to the vibrant Parade Norwood teeming with trendy cafés, more restaurants and bars, boutique stores and all your shopping needs
• A leisure stroll or easy ride to the iconic Kensington Park Oval and Reserve
• An easy commute into Adelaide CBD by way of bus, bike or car less than 4km from your front door
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.
Property Details:
Council | Burnside
Zone | SN - Suburban Neighbourhood\\
Land | 686sqm(Approx.)
House | 290sqm(Approx.)
Built | 1924
Council Rates | $1,916.15 ppa
Water | $TBC pq
ESL | $505.4pa
Listing description written by Damien Fong, Ray White Norwood — reproduced as published, not verified by Districts.