Kensington Park at a glance
3,244
People
$1,730,000
Median sale
$632/wk
Median rent
1.90%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
SA › Kensington Park › Alpha St
$1,551,000
Last sold
6 Aug 2018
5
Bedrooms
3
Bathrooms
2
Car spaces
468 m²
Land
240 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
$1,551,000
6 Aug 2018 · derived via latest_sale
Local land rate: recorded House sales in Kensington Park (last 5 years) with land size have a median of $2,561/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Kensington Park at a glance
3,244
People
$1,730,000
Median sale
$632/wk
Median rent
1.90%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Vs Kensington Park
-10.3%
Median sale
Suburb $1,730,000
+0.22 pp
Gross yield
Suburb 1.90%
Suburb median $1,730,000 from 11 recorded sales (last 24 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 $632/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
Kensington Park at a glance
3,244
People
$1,730,000
Median sale
$632/wk
Median rent
1.90%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Turner Real Estate AdelaideSold by Trish Chenoweth
We are delighted to market this very impressive, huge, light-infused, secure and low maintenance home. Offering the perfect blend of space with 5 bedrooms, 3 bathrooms and three separate living areas. Boasting high quality fittings throughout, including electric gates, a double garage, lofty ceilings and a beautiful entertainer’s kitchen overlooking an open plan family room and outdoor entertaining area with landscaped gardens. This property is perfectly suited for the busy family seeking a spacious home with year-round outdoor entertaining areas, without the demands of a time-consuming large garden.
Located in a highly desirable eastern suburbs location within walking distance to the prestigious Pembroke College.
The property is currently tenanted @ $750 per week until 1/05/2020 giving the savvy buyer some time to sell their own property with the security of rental income.
Why we love this home:
• Included 20 solar panels totaling 5 kw
• Double Garage with direct home access
• Low Maintenance Landscaped gardens with automatic garden irrigation
• Second upstairs living area (Teenager retreat)
• Covered all weather entertainers deck complete with café blinds & fan
• Beautiful kitchen with stainless steel Smeg appliances
• Caesarstone island bench & Glass splashbacks
• Ducted reverse cycle air conditioning & ducted vacuuming
• Electric gates, video intercom & monitored security cameras to the front & rear
• Gas log fire in family room
• Quality window treatments
• Attic storage & under stair storage
• Double glazing to most windows
• Caesarstone vanity tops in all bathrooms
• Bedrooms with built-in robes
• Utility area with garden shed
• Only 5 kms to the CBD
Located in an convenient ‘blue chip’ cosmopolitan location, just off Kensington Road, within walking distance to The Regal Theatre, hairdressers, Beauty Salon, dress shops, cafes, Marryattville Shopping Centre and the popular Hula Hoop Tapas wine Bar.
Zoned to Marryatville Primary School & Norwood Morialta High School and walking distance to Pembroke College
CT / 6097/796
Year built / 2012
Equivalent Building Area / 275 sqm approx.
Land Size / 468 sqm approx.
Council / City of Burnside
Council Rates / $TBA p.a.
Water & Sewer / $TBA p.q.
ESL / $TBA p.a.
Torrens Title
Currently Tenanted / $750 per week until 1/05/2020
Speak to TURNER Property Management about managing this property and TURNER FINANCE for your loan requirements #expectmore
Listing description written by Trish Chenoweth, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.