Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Carnarvon Ave
$490,000
Last sold
17 Dec 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
740 m²
Land
107 m²
Building
Districts View
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
$490,000
17 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Redwood Park (last 5 years) with land size have a median of $1,118/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Redwood Park
-42.5%
Median sale
Suburb $852,500
+2.78 pp
Gross yield
Suburb 3.76%
Suburb median $852,500 from 16 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 $616/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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge RealtyTo submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm
Mike Lao, Corey Wilkop and Edge Realty are proud to present to the market your new family home with room to update and add your own personal style. The generous, split-level layout is light-filled and versatile while the 740sqm block ensures there's plenty of space for everyone to spread out and relax.
The property is currently tenanted on a fixed lease of $310 per week until 26.04.2022 perfectly complementing any investment portfolio and the prized location ensures you'll never be short on tenants eager to call this property home.
There are three bedrooms and one bathroom on offer with all the bedrooms offering built-in robes and an abundance of natural light. A separate bath, shower and toilet are perfect for the hustle and bustle of daily life plus there's a ceiling fan in bedroom three for added comfort.
When it comes to downtime, you can take your pick from a selection of living areas including the combined lounge and family room with views out over the frontyard. From here, you can make your way through to the open-plan kitchen and dining area where the eager cook will feel right at home.
Westinghouse appliances, a built-in pantry and a breakfast bar will make preparing meals a joy or you can step outside to the expansive pergola and cook up a storm on the barbeque. Imagine hosting guests for hours on end as the kids play in the yard and you relax in the shade, this truly is laid-back living at its finest.
The new owners of this charming home are also sure to love:
- Fujitsu reverse cycle split system air-conditioning in the lounge room for year-round comfort
- An attached 2.7x5.1m carport plus drive-through access to a gated attached 3.6x6.6m carport
- A front pergola plus two smaller rear pergolas in addition to the main entertainer's pergola
- Plenty of room for the kids to play or to indulge your green thumb in the split-level backyard
- Mature trees, lush gardens and a 3.6x2m shed add to the appeal of this generous lot
Whether you choose to move in and update this home or enjoy the property as-is, you're sure to love the central location. You will live in the heart of Redwood Park close to Ridgehaven Primary School and Redwood Park Primary School. A short drive will take you to Tea Tree Plaza and Modbury Hospital along with the Tea Tree Gully Golf Course.
Call Mike Lao or Corey Wilkop to inspect!
Year Built / 1980 (approx)
Land Size / 740sqm (approx)
Frontage / 18.29m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Tea Tree Gully
Council Rates / $1,517pa (approx)
Water Rates (excluding Usage) / $560pa (approx)
Es Levy / $116pa (approx)
Rental / Current fixed lease of $310 per week until 26.04.2022
Title / Torrens Title
Easements / NIL
Internal Living / 107.5sqm (approx)
Total Building / 235.8sqm (approx)
Edge Realty are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.