Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Millswood › Fairfax Ave
$1,680,000
Last sold
23 July 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
975 m²
Land
167 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
$1,680,000
23 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Millswood (last 5 years) with land size have a median of $2,449/m² of land (n=35). Districts calculation from recorded sales — not a valuation.
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Millswood
-21.5%
Median sale
Suburb $2,140,000
+0.36 pp
Gross yield
Suburb 1.33%
Suburb median $2,140,000 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 $546/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
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by W&R Real EstateSet on a generous 975sqm (approx.) allotment in the ever-popular suburb of Millswood, this solid 1956-built home presents an exciting opportunity for buyers with vision. Brimming with potential, it’s ready for a substantial renovation or complete transformation (STCC) to create the home you’ve always dreamed of.
With a highly sought-after north-facing backyard, this property offers the ideal orientation for light-filled living and outdoor entertaining. The home itself has solid bones and a spacious layout that will respond beautifully to a creative refresh.
Why This Property Stands Out:
• Recreation: Just moments from Goodwood Oval, local tennis courts, and the family-friendly playground – a huge plus for active lifestyles
• Lifestyle & Shopping: Close to King William Road, Goodwood Road and Unley’s cafés, shopping, and dining precincts
• North-Facing Backyard: Perfect for sun-drenched gardens, extensions, and alfresco entertaining
• Public Schooling: Zoned for Goodwood Primary and Unley High School, with quality private schools nearby including Walford, Concordia, and Scotch College
• Transport Links: Walk to train, tram, and bus stops – convenient access to city and coast
• Beach Proximity: Less than 20 minutes to Glenelg and Adelaide’s stunning coastline
• Adelaide CBD: Reach the city in under 10 minutes
Whether you’re a renovator, a growing family, or someone ready to make your mark in one of Adelaide’s most desirable postcodes, 28 Fairfax Avenue is your blank canvas.
Property Information:
LGA: City of Unley
Land Size: 975 sqm (approx.)
Build Size: 167 sqm (approx.)
Council Rates: $619 p.q
Water Rates: $658 p.q
ESL: $241.85 p.a.
Proudly presented by W&R Real Estate, to arrange your private inspection or for more information, contact W&R on 0481 391 041 or email sales@wrrealestate.com.au.
Disclaimer: All information provided is believed to be accurate at the time of publication. However, no warranty or guarantee is given, and we accept no liability for any errors or omissions. Interested parties are encouraged to make their own enquiries and seek independent advice.
W&R Real Estate
RLA 320 080
Listing description written by Rob Ball, W&R Real Estate — reproduced as published, not verified by Districts.