Mount Compass at a glance
1,879
People
$834,000
Median sale
$462/wk
Median rent
2.88%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Mount Compass › Peters Tce
$370,000
Last sold
25 Aug 2021
4
Bedrooms
1
Bathrooms
4
Car spaces
1,011 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
$370,000
25 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Mount Compass (last 5 years) with land size have a median of $705/m² of land (n=50). Districts calculation from recorded sales — not a valuation.
Mount Compass at a glance
1,879
People
$834,000
Median sale
$462/wk
Median rent
2.88%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Compass
-55.6%
Median sale
Suburb $834,000
+3.61 pp
Gross yield
Suburb 2.88%
Suburb median $834,000 from 8 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 $462/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
UnknownArea
Mount Compass at a glance
1,879
People
$834,000
Median sale
$462/wk
Median rent
2.88%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate WillungaREVISED COVID RESTRICTIONS FOR OPEN INSPECTIONS WERE ANNOUNCED ON 26/07/21. PLEASE REVIEW AND OBSERVE THE 'BLUE' NOTICE IN THE PHOTOGRAPHS AND WE'LL BE PLEASED TO SEE YOU ON SATURDAY JULY 31 AT 11.00AM
The owners need to downsize, and they WILL CONSIDER ALL SERIOUS OFFERS!.
This is a warm and welcoming c1955 home sitting on a large 1,011sqm allotment that is opposite picturesque Mount Moon and the surrounding rolling hills. The home is perfect for those that are sick of renting and are wanting their own little piece of paradise, at a very affordable price! It equally suits the investors who are looking for a rental property that will offer good returns!
This was an original bank building that serviced the Mount Compass area, and after many years as a residence since then, you won’t need to spend much to make a big difference to this one. Perhaps a fresh paint throughout and replace some of the floor coverings, and it would come up a real treat and add value and be an even more comfortable home. A bathroom upgrade is made that much easier with all the new tiles still packed in their boxes that come with the property, ready for the new owner.
The house layout offers 4 good-sized bedrooms (one currently an office and another currently a work studio), a kitchen that was replaced around 2003, and a spacious lounge / dining room. The house is kept comfortable all year with slow combustion heating and air-conditioning units.
The large carport on the side of the house offers undercover parking for 2 cars. It leads you into a good-sized secure backyard, with an undercover entertaining area and the 9m x 6m shed that has a concrete floor & power connected. This shed is an ideal size for a workshop, storage, etc. There is also other smaller shedding on the property.
The property will surely appeal to those with the vision to stamp their own personality on their new family address in a small country town.
Mount Compass offers plenty of fresh air, freedom and the simple country lifestyle and community that is sought after by many. The Mount Compass town precinct is a few minutes away, with its excellent R-12 school, shopping, tavern, services and golf course.
Mount Compass is central on the beautiful Fleurieu Peninsula to the main country service and tourism destinations of Victor Harbor and McLaren Vale, which are both only around a 20 minute drive away.
The Adelaide CBD is only around 60 minutes by car via the Southern Expressway.
Make sure you get a look at this one because it won’t be on the market too long!
Listing description written by Ross Coleman, Elders Real Estate Willunga — 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.