Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
SA › Cheltenham › First Ave
$600,000
Last sold
26 Nov 2021
3
Bedrooms
1
Bathrooms
6
Car spaces
480 m²
Land
140 m²
Building
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
$600,000
26 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Cheltenham (last 5 years) with land size have a median of $1,745/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Cheltenham
-46.7%
Median sale
Suburb $1,125,000
+2.32 pp
Gross yield
Suburb 2.66%
Suburb median $1,125,000 from 19 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 $575/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
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Property PeopleCirca 1920's! Solid red brick with all the traditional bungalow features you'd expect. High pitched sweeping front veranda and steep pitched roof.
The home has good street appeal, and the home is positioned on a corner allotment. The land area is 480m2 with ample room outback, side access to a double iron garage via double gates + a carport with a electric gate entry for convenience. The home inside has been tastefully decorated throughout, decor is neutral. Soft furnishings with blinds and curtains all add to the homes appeal. External roller shutters installed to all bedroom and the kitchen windows. High gloss polished Baltic pine timber floorboards feature in the hallway and all the bedrooms. All three bedrooms lead from the hallway. Two of the three bedrooms can be utilised as a master bedroom, and both are suitable for a king size bed. Bedroom two is a larger bedroom and a queen bed fits comfortably. Lofty ceilings are another nice feature. The homes floor plan is flexible. With a open plan family living room at the rear of the home that adjoins the meals dining area. Therefore, utilise the home as either two living areas and two bedrooms, or three bedrooms and one TV lounge - living room. The kitchen is separate, appliances include a big stainless steel gas stove with hot plates and oven, a dishwasher, and a range-hood. Additional overhead cupboards allow for additional storage. The meals dining area is adjacent, the original wood stove still remains and it is fully functionable. The family room will accommodate the chunky sofa setting and a big flat screen TV. The fresh neutral decor extends to the family room. Tiled bathroom and a separate toilet, the laundry is separate with its own external access door.
The home has ducted reverse cycle air-conditioning, ducted heating and cooling, plus insulated ceilings. A wood heater features in the formal lounge .
Outback the home has lots of undercover parking. Big double iron garage - perfect for any home handy man or car enthusiast. The garage has been plumbed for a toilet and a shower if required, 3 phase power is connected. The under cover carport allows for a total of four vehicles to be parked. Two vehicles in the garage, two under the carport. All cement paved making it easy care grounds.
The homes well located to all amenities. Local shopping with either, St Clair shopping centre, Arndale, or West Lakes Mall. An easy drive to the Port, the beach, and straight up Port Road to the city. Public transport with the bus or the train from Cheltenham or St Clair train stations.
Listing description written by Greg Bolto, Harcourts Property People — 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.