Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
SA › Cheltenham › Fourth Ave
$945,000
For sale
Asking
2
Bedrooms
1
Bathrooms
4
Car spaces
813 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
Asking
$945,000
Asking · $1,162/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Cheltenham (last 5 years) with land size have a median of $1,733/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Cheltenham
-16.0%
Median sale
Suburb $1,125,000
+0.50 pp
Gross yield
Suburb 2.66%
Suburb median $1,125,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$59,308 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Cheltenham's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $575/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.
Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Crawford DoranPairing enduring 1925 bones and period detail with considered updates and a freeing 813sqm approx. parcel, this eminently loveable Cheltenham bungalow already works beautifully as it stands, yet leaves so much land behind it that a rear architectural addition feels less a question of if than when.
Move straight into a character-rich two-bedroom footprint with generous living spaces and an enormous all-weather entertaining zone, then take your time deciding how boldly the next chapter should use a backyard with genuine depth, substantial shedding and room for a bigger residential idea.
The original house carries its age well, from polished timber boards, tall ceilings and broad proportions to decorative hallway detailing and a handsome fireplace giving the main family room its period centrepiece.
Two large bedrooms sit forward of the living spaces, while the existing kitchen and dining room remain simple, functional and refreshingly unpretentious, providing an easy base for immediate occupation or renovation without prematurely dictating what comes next.
The bathroom has already undergone a more expressive renovation, pairing wall-to-wall subway tiling with patterned flooring, a freestanding bath, glass shower and ornate vanity in a room that happily pushes against the home's otherwise restrained palette.
Then the footprint opens dramatically at the rear, where a broad veranda effectively becomes another living zone, complete with its own toilet and enough scale for long-table lunches, parties, lounging and year-round use while keeping the backyard firmly in view.
Beyond it sits the real opportunity, where lawn, hardstand and a serious 60sqm insulated shed with car hoist give the rear of the property far more purpose than its modest bungalow frontage initially lets on.
The land itself still has genuine depth, leaving room to contemplate a substantial extension, studio, pool or broader architectural reworking of the site while retaining the kind of workshop and storage capacity increasingly difficult to replicate.
And some of the less glamorous work has already been handled too, with the hot water system replaced late last year and a new roof completed earlier this year, adding useful substance beneath the home's obvious character.
Cheltenham only strengthens the proposition, sitting in an increasingly interesting western pocket where the changes of recent years are becoming hard to miss, from two walkable local cafes and the refreshed restaurant above Alberton Oval to a popular nearby gym, with Port Adelaide, St Clair, Semaphore, West Lakes and the CBD extending the lifestyle considerably further.
Features to note:
• 1925-built bungalow pairing enduring character with considered updates
• Generous 813sqm approx. allotment with substantial rear depth and scope to extend or further improve (STPC)
• Two generous bedrooms with polished timber floors and high ceilings
• Large front family room with feature fireplace and split-system A/C
• Separate kitchen and dining with gas cooktop, dishwasher and ample cabinetry
• Wide central hallway with decorative detailing and chandelier
• Renovated bathroom with freestanding bath, glass shower, subway tiling and patterned floor tiles
• Large rear veranda creating an almost second living zone
• Additional toilet servicing the outdoor entertaining area
• 60sqm insulated, high-pitched shed/workshop with car hoist and space to accommodate a boat or caravan
• Additional storage shed
• Expansive backyard with lawn, hardstand, excellent vehicle access and long gated carport
• Hot water system & roof recently replaced
• 5000L rainwater tank with pump connected to the washing machine & rear garden tap
Location:
• Tightly held western-city setting between Port Adelaide and the coast
• Alberton Oval and Port Adelaide Football Club precinct moments away
• St Clair's shopping, cafes and green spaces close at hand
• Cheltenham railway station offering easy CBD access
• Port Adelaide, Semaphore Road, the beach and West Lakes all within easy reach
• Queen Elizabeth Hospital and surrounding medical precinct nearby
Method of Sale:
• For sale by Public Auction which will take place on-site at the property on Sunday 30th August at 2:30PM. The Form 1 document may be inspected at our office three business days prior to auction and at the place of auction 30 minutes before the auction commences.
Price Guide:
• The property is available for purchase through a public auction. In compliance with the vendors' instructions (and current legislation), a specific price guide will not be provided. However, recent sales data can be requested via email and will also be available at open inspections.
Purchaser Portal:
• Our purchaser portal gives you access to all key property documentation, including the Form 1 (Vendor Statement), Form R3 (Buyer Information Notice), and the templated Contract of Sale. Once registered, you'll also be able to complete and submit an offer using our digital offer form. Access the purchaser portal by following the link provided below:
• https://bit.ly/27Fourth
For more information:
• Please contact the selling agents directly: Both Thomas and Amanda proudly represent Crawford Doran Pty Ltd and welcome any enquiry on this exciting property listing.
Disclaimer:
• While we have made every effort to ensure the accuracy and completeness of the information presented in our marketing materials, we cannot guarantee the accuracy of information provided by our vendors. Accordingly, Crawford Doran Pty Ltd disclaims any statements, representations, or warranties regarding the accuracy of this information and assumes no legal liability in this regard. We encourage interested parties to conduct their own due diligence when considering the purchase of any property. Please note that all photographs, maps, and image are for marketing purposes only, and should be used only as a guide.
RLA 33626
Listing description written by Thomas Crawford, Crawford Doran — 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.