Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
4
Car spaces
611 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Paradise (last 5 years) with land size have a median of $1,827/m² of land (n=56). Districts calculation from recorded sales — not a valuation.
Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
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 $598/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
Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Toop & Toop NorwoodAuction Location: On site. Saturday 8th of June 2024 at 12:00pm
Located peacefully towards the end of a quiet court location, enjoy multiple possibilities when acquiring the keys to this excellent find.
Set back nicely from the Street and accompanied by dual driveways, this sub-dividable parcel with 22.67 metres frontage could be the ultimate buy to construct two new homes upon subject to planning consent or the perfect family home to get into the market and enjoy the benefits of living in Paradise.
Currently rented out to long term tenants with an end date of July 17, 2024, with the option to the astute investor to continue the tenancy upon agreement. The home offers a three bedroom, one bathroom with plenty of room to extend if so required. Enjoy a sizeable backyard with established fruit trees across both the front and rear yards some of our favourites being lemon, cherry, nectarine and peaches to name a few varieties along with a healthy rosemary bush, perfect for adding fragrant sprigs into your weekly Winter recipes.
Enjoy a neat and tidy, updated kitchen with gas cooking and stainless steel appliances with a cute servery window through to the lounge / dining space.
The rear yard features great fencing, plentiful shedding and storage options and a perfect undercover alfresco space to entertain within all year round. Added creature comforts include a split system, R/C heating and cooling unit within the main lounge that boasts an expansive double window allowing plenty of natural light to stream in of a day time eliminating the use for unnecessary power wastage. Set off to the side of the kitchen and tucked away is a great sized laundry. Down the hall features a full sized bathroom with a separate toilet in the middle of the home central to the three bedrooms.
Paradise has excitedly grown in value and quite rapidly where a growing number of families, investors and potential developers can see the value within the suburb now before it becomes too attainable for most in the future. Enjoy excellent proximity to the newly re-developed Paradise Hotel, easy access to The Paradise Interchange that can whisk you seamlessly into the Adelaide CBD along with zoning to a great array of local schools. Weekends can be spent admiring the neighboring walking trails and parklands or zipping up to the local Newton shopping village for all your weekly necessities.
***Disclaimer: Photos and description- Measurements are all approx, the subdivided line in the drone photo is only there to show that the land can be sub divided (Subject to planning consent) All parties must do their own due diligence.***
Listing description written by Alexander Parzis, Toop & Toop Norwood — 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.