Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Happy Valley › Sherwood Ave
$725,000
Last sold
6 Jan 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
643 m²
Land
152 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
$725,000
6 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Happy Valley (last 5 years) with land size have a median of $1,025/m² of land (n=159). Districts calculation from recorded sales — not a valuation.
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Happy Valley
-16.2%
Median sale
Suburb $865,250
+0.74 pp
Gross yield
Suburb 3.83%
Suburb median $865,250 from 12 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 $637/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
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Danielle Comer or Rachael Farror from Magain Real Estate for all your property advice.
Tucked into the peaceful hills of Happy Valley, this lovely family home offers 152sqm of thoughtfully crafted internal and external living space on a generous 643sqm (approx.) block. Ideally located near sought-after schools like Happy Valley Primary and Reynella East College, and only moments from the newly renovated Happy Valley Shopping Centre, a short walk to a wetlands nature reserve, and the scenic trails of the Happy Valley Reservoir, this property is perfect for growing families and savvy investors alike.
Upon entry, a welcoming L-shaped formal lounge and dining area with plush carpeting sets an inviting tone. Flowing effortlessly into a well-designed kitchen overlooking a second living area with a study nook, the home balances warmth with practicality. The kitchen is well-equipped with ample cabinetry, quality appliances including a stand-alone oven with gas cooktop, and a convenient dishwasher. A raised breakfast bar adds a stylish focal point for social gatherings.
The home features three generously sized bedrooms, each tastefully appointed. The master suite, positioned at the front, showcases a large picture window with a garden view, a built-in robe, ceiling fan, and a private ensuite. Bedrooms two with built-in robe, and three are serviced by the original main bathroom with a separate toilet, perfect for family use. An additional hallway storage closet provides extra organization space.
For those who love to entertain, glass sliding doors from the family living area open to an expansive paved entertaining space, complete with a skillion roof pergola, ideal for year-round gatherings and barbecues. The split-level landscaped gardens offer a charming backdrop for family fun and children's play, with ample privacy and space to enjoy.
Built to the highest standards, this property includes a single carport with a roller door, ducted evaporative cooling, a portable heater, an instantaneous gas hot water system, and a handy garden shed.
Homes of this quality are a rare find, combining a beautifully designed residence with a tasteful, neutral palette to create a seamless blend of comfort, style, and functionality.
All floorplans, 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.
Magain Real Estate Happy Valley
RLA | 222182
Listing description written by Danielle Comer, Magain Real Estate — reproduced as published, not verified by Districts.
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