Korunye at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$1,150,000–$1,250,000
For sale
Asking range
6
Bedrooms
2
Bathrooms
2
Car spaces
14,083.06 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
Asking
$1,150,000–$1,250,000
Asking range · $82/m² of land
No recorded sale for this property.
Korunye at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$72,683 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
Korunye at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White Gawler EastAndrew Pike of Ray White Gawler East/Angle Vale, welcomes you to 296 Pratt Road, Korunye - rich in the history of a thoughtfully converted schoolhouse surrounded by peaceful acreage, and offering the rare combination of character, space and modern practicality.
The main residence is generous in scale, offering 5 well-proportioned bedrooms and a warm, welcoming atmosphere that celebrates its heritage. Multiple living spaces provide flexibility for growing families, while the combination of combustion heating, three additional fireplaces, reverse cycle air conditioning and ceiling fans ensures year-round comfort. A beautifully renovated bathroom with a luxurious spa creates a touch of everyday indulgence, while the well-appointed kitchen includes the convenience of a dishwasher for effortless day-to-day living. Tinted front and bathroom windows provide an added layer of privacy while still allowing natural light to fill the home.
Stepping outside, the property continues to impress. New decking provides the perfect setting to entertain or simply take in the peaceful surrounds, while the recently completed roof on the home's extension offers added peace of mind for years to come.
Adding exceptional versatility is the fully self-contained guest house, complete with its own kitchen, lounge area, bathroom, hot water service and independent septic system. Whether accommodating extended family, welcoming guests, creating a home business space or exploring additional income opportunities (STCC), this separate residence is an invaluable asset.
For those needing serious storage, workshop space or room for machinery, the shedding is extensive. Multiple powered sheds with concrete flooring cater to a wide range of uses, including one equipped with a vehicle hoist, making it ideal for tradespeople, car enthusiasts or anyone requiring substantial workspace.
Practicality is equally well considered with an electric front entrance gate providing both security and convenience, while a 6kW solar system paired with a substantial 10kW battery helps keep energy costs in check.
Offering the tranquility of acreage, outstanding infrastructure and a home that balances timeless character with modern comfort, this is a lifestyle property that delivers genuine flexibility.
Additionally:
Year Built - 1902
Wall Construction - Stone
Solar System - 6kw with 10kwh battery (approx)
Land Size - 1.410ha / 3.48 acres (approx.)
Floor Area - 198 sqm (approx.)
Zoning - RuH - Rural Horticulture
Local Council - Adelaide Plains
Estimated Rental Return - $1,000 - $1,100 p/w (approx)
Council Rates - $770.00 p/qtr. (approx.)
Water Rates - $88.00 p/qtr (approx - supply only, excluding usage)
Es Levy - $106.35 p/a (approx.)
Easement(s) - No
Encumbrance(s) - No
Sewerage - Septic
296 Pratt Road presents an opportunity that's increasingly difficult to find, where history, lifestyle and practicality come together in one exceptional rural setting.
Make the move you deserve - call Andrew Pike on 0407 393 241 for further information today.
Want to find out where your property sits within the market? Have one of our multi-award-winning agents come out and provide you with a market update on your home or investment!
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
Ray White Gawler East | Angle Vale
RLA 327 615
Listing description written by Andrew Pike, Ray White Gawler East — 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.