Netley at a glance
1,912
People
$1,165,000
Median sale
$576/wk
Median rent
2.57%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › Netley › Shelley Ave
$615,000
Last sold
27 Sept 2019
4
Bedrooms
2
Bathrooms
5
Car spaces
630 m²
Land
233 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
$615,000
27 Sept 2019 · derived via latest_sale
Local land rate: recorded House sales in Netley (last 5 years) with land size have a median of $1,426/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Netley at a glance
1,912
People
$1,165,000
Median sale
$576/wk
Median rent
2.57%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Netley
-47.2%
Median sale
Suburb $1,165,000
+2.30 pp
Gross yield
Suburb 2.57%
Suburb median $1,165,000 from 7 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 $576/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
Netley at a glance
1,912
People
$1,165,000
Median sale
$576/wk
Median rent
2.57%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MichaelKris Real EstateAT A GLANCE: * 4 Bedrooms * 2 Bathrooms * Formal Lounge * Rumpus Room with Bar * Self-contained Granny Flat or rental opportunity * Carport * Dual Driveways * 630m2 Allotment
When opportunities like this arise, HESITATION COULD DISAPPOINT! Lovingly cared for since the early 1960's, this very spacious family home offers some 233m2 of living space and a very generous allotment of approximately 630m2, giving the opportunity to sub-divide now or in future years (STCC).
The location is splendid; within close proximity to public transport, 10 minute drive to the CBD and western beaches, a short distance to local shopping on Henley Beach Road and within easy reach of Harbor Town, Adelaide Airport and Elite Public and Private schools.
The granny flat/teen retreat would be perfect for the extended family or a rental option, as it is self-contained with its own electricity box, outside entry, driveway, spacious kitchen/meals, separate living room with a wall unit air conditioner, large bedroom, bathroom with shower, wc and laundry facilities. This could be a fabulous opportunity to bring in extra income.
The main home will certainly accommodate the largest of families, offering a wide entry hallway, 3 bedrooms, bedroom 2 with built-in cupboard. The gorgeous light-filled lounge is very spacious and has the convenience of double sliding doors accessing the lovely open plan kitchen and dining areas complete with a wall unit air conditioner. The kitchen has plenty of retro features including an abundance of built-in storage cupboards and bench space, servery/breakfast bar and upright cooker.
Another added bonus to this property is the rumpus room, complete with a built-in bar, windows galore, timber feature wall and split system air conditioning for year round comfort. This area would be a hit with both adults and teens.
The attractive 1960's bathroom is in keeping with the homes lovely décor, comprising a full size bath, separate shower alcove, pedestal hand basin and the convenience of a separate wc.
Internally the home is in pristine condition and would certainly meet the needs of a growing family.
With an allotment of this size means there is plenty of outside space for kids to play and adults to entertain. All gardens areas have been beautifully maintained and there is a single carport and plenty of dual driveway parking available.
For those buyers looking for value for their $, this home is certainly one to see!
Listing description written by Kris Papagiannis, MichaelKris Real Estate — reproduced as published, not verified by Districts.