Reynella East at a glance
2,034
People
$857,000
Median sale
$595/wk
Median rent
3.61%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
SA › Reynella East › Mcclure Ave
$410,000
Last sold
12 Aug 2016
3
Bedrooms
2
Bathrooms
4
Car spaces
900 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
$410,000
12 Aug 2016 · derived via latest_sale
Local land rate: recorded House sales in Reynella East (last 5 years) with land size have a median of $1,020/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
Reynella East at a glance
2,034
People
$857,000
Median sale
$595/wk
Median rent
3.61%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Reynella East
-52.2%
Median sale
Suburb $857,000
+3.94 pp
Gross yield
Suburb 3.61%
Suburb median $857,000 from 5 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 $595/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
Reynella East at a glance
2,034
People
$857,000
Median sale
$595/wk
Median rent
3.61%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Agent In A BoxThis property is well worth its price, renovated with no expense spared and is a gift that keeps on giving.
Major features include the palatial rumpus room that has a large solid timber bar with a sink, a huge shed, and side access that provides room for a truck/caravan/boat. This extensively and neutrally renovated home has a high quality outdoor decking entertaining area, plenty of storage and has 3 bedrooms + study + and opportunity for another bedroom. Situated on a 900sqm fully landscaped, corner block, there is opportunity to develop and further increase the property's value (STCC). This really is a must see!
The huge 8m x 8m rumpus room features both a custom made fully functional bar, with a sink, plumbing for a beer tap and room for a large fridge. A separate side-entrance to the rumpus room provides a fantastic opportunity to run a business and/or have a display/show-room. The rumpus room has heating and cooling and the lounge room features a brand new stainless steel fireplace. Modern and bright, the timber kitchen features European Miele and Smeg stainless steel appliances, and opens up to the two separate living areas.
Underneath the home is a large cellar, big enough to store wine, entertain, use as a man-cave or for a home theater. The choice is yours!
All bedrooms include heating and cooling, and built-in wardrobes. The main bedroom has a large walk-in-wardrobe. The home is serviced by a bathroom with a shower and vanity. The toilet is adjacent. With a flexible floor plan, there is scope to put the finishing touches on the ensuite bathroom. The home is also serviced by 3-phase power.
The rear of the home includes meticulously landscaped and completely irrigated gardens, a large 5.5m x 8m shed with a teenager's retreat/office and plumbing installed, ready to add a 3rd bathroom, side access, a large steel-framed deck with spotted gum flooring, a veggie patch, fruit trees, and beautifully manicured lawns. Low maintenance charcoal coloured concreted footpaths and driveways surround the entire home. The rear is ideal for entertaining, for kids to ride their bikes, kick the soccer ball and jump on the trampoline.
Located close to a Southern Expressway entrance and major bus terminal, this home is walking distance to Reynella East College, and is in close proximity to a variety of alternative schools, Flinders Medical Centre, Westfield Marion, supermarkets and takeaway food outlets.
Other great features include:
Under floor storage throughout the house and underneath the decking
Two gas outlets on the deck for a BBQ and/or pizza oven
Provisions for water outlets on the deck
A newly renovated roof
A new instant gas hot water system
New eaves, fascias and gutters
High quality, low maintenance charcoal grey slate flooring throughout the living areas
Future sub-division potential (STCC)
With extensive renovations and quality fittings and finishes throughout, this wonderful home is sure to impress.
(RLA 270635)
Listing description written by Agent in a Box, Agent In A Box — reproduced as published, not verified by Districts.