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 › Merlot St
$565,000
Last sold
5 Aug 2022
3
Bedrooms
1
Bathrooms
4
Car spaces
604 m²
Land
122 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
$565,000
5 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in Reynella East (last 5 years) with land size have a median of $1,021/m² of land (n=54). 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
-34.1%
Median sale
Suburb $857,000
+1.87 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 Magain Real EstateTravis Denham and Chanelle Zadey welcome to the market 28 Merlot Street, Reynella East.
Located in the exceptionally convenient suburb of Reynella East, this beautiful three-bedroom home is simply perfect for first home buyers, the growing family or savvy investors alike. Situated on a generous 600 square meter block and offering a spacious and practical floorplan as well as an undercover outdoor entertainment area; this home is packed with so many features you'll love.
Entering into the home we are greeted with the open plan living and dining area, which is generously sized allowing you an abundance of space to entertain friends or extended family. There is also a second dining room in the home allowing for a more private and intimate space for you to enjoy a beautiful home cooked meal.
The home is filled with gorgeous natural light benefiting from large picture windows in every room. The home is also equipped with Ducted Reverse Cycle heating and cooling to provide you with optimal temperature control all year round.
Continuing through the home; we will find the kitchen which is fresh and functional featuring an abundance of white cabinetry complimented by a grey bench top and white tile splash backs. Quality appliances include a dishwasher, electric oven, and electric stove top with rangehood; as well as plenty of space for your fridge and microwave. Much to the delight of the cooking enthusiast there is ample bench, draw and cupboard space.
Three quality bedrooms complete the home; all which are generously sized allowing you an abundance of space to customize the rooms to suit your own personal preference. The master bedroom benefits from a ceiling fan, and large built-in wardrobe.
The floorplan is exceptionally functional with all three bedrooms within a close proximity to the home's main bathroom and laundry. The bathroom is complete with a vanity, walk in shower, full sized bathtub and to the delight of the growing family there is a separate toilet.
Heading outside, the front of the home presents beautifully, with luscious and well-maintained trees, shrubbery and gardens decorating the front yard. For your parking convenience there is a three car carport providing you an undercover and secure storage of your vehicle. There is also plenty of additional driveway space if required.
To the rear of the main garage in an extra space which can be utilized as a private workshop or an extra double car space if required. This area caters perfectly to the savvy handyman providing them the perfect place to store tools and equipment at home.
The undercover outdoor entertaining area is absolutely lovely, offering your guests an abundance of space to enjoy regardless of the weather. This space also leads into a small grass area which is fitted with a large outdoor slow combustion heater situated on beautiful warm timber decking. The generous block size allows you to utilise the backyard however you desire. There is a large second grass area for the kids and pets to play as well as beautiful trees and greenery aligning the fence for added privacy.
There are numerous nearby schools including, Woodcroft College, Reynella East College, Reynella Primary School and Sunrise Christian School. There are also several quality parks and reserves to enjoy such as Tangari Regional Park and Malback Drive Park which is just around the corner. Public transport will be no issue from this home with the Reynella Bus Interchange within a close proximity. It really doesn't get much better than this!
Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.
Listing description written by Travis Denham, Magain Real Estate — reproduced as published, not verified by Districts.
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