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SA › Hove › Railway Tce

2A Railway Tce, Hove SA 5048

House

$802,000

Last sold

13 May 2024

3

Bedrooms

2

Bathrooms

1

Car spaces

179 m²

Land

146 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $802,000 (13 May 2024).(Recorded sale)
  • CalculationRecorded House sales in Hove (last 5 years) with land size: median $2,347/m² of land (n=53). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$802,000

13 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Hove (last 5 years) with land size have a median of $2,347/m² of land (n=53). Districts calculation from recorded sales — not a valuation.

Hove at a glance

3,929

People

$1,355,000

Median sale

$618/wk

Median rent

2.37%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Hove report →

Vs Hove

-40.8%

Median sale

Suburb $1,355,000

+1.64 pp

Gross yield

Suburb 2.37%

Suburb median $1,355,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$802,00013 May 2024
  2. Listedprice unknowncompleted29 Apr 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $618/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Hove in one glance

Hove at a glance

3,929

People

$1,355,000

Median sale

$618/wk

Median rent

2.37%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Hove report →

Keep researching

  • Why Hove? Read the area thesis →
  • What else is on the market in Hove →
  • Other records on Railway Tce →

Listing material

Listed by Magain Real Estate

SOLD BY JOSH MORRISON

Please contact Josh Morrison from Magain Real Estate for all your property advice.

Welcome to this exceptional 2-storey community titled family home designed for functionality and to meet the needs and desires of modern families. Boasting a thoughtfully designed floorplan, this 3-bedroom home is positioned in the sought-after suburb of Hove and is sure to attract a wide variety of buyers.

Downstairs, you will be impressed by the spacious layout of the open plan living and dining, complimented by chic timber flooring and natural light beaming through. It not only provides an abundance of space for your guests, but also provides direct access to the outdoor entertaining area via sliding door access. The heart of the home, the kitchen is a chef's delight. It is equipped with stainless steel appliances (including dishwasher), gas cooking and breakfast bar - cooking delicious meals for your loved ones will be an absolute pleasure.

Read the full description

Also downstairs features the master bedroom with an essential walk-in robe and ensuite. The laundry is beautifully appointed with easy access to the rear yard and there is also a separate downstairs toilet for added convenience.

Moving upstairs, you will find two additional bedrooms with built-in robes and both share a beautifully located main bathroom with large bath. A second living space is also upstairs, offering versatility to suit your lifestyle needs.

Step straight out to your outdoor entertaining area, where weekend brunches and summer meals will become the norm. You will appreciate low maintenance living making those full-day gardening sessions a thing of the past.

Enjoy peace of mind with a secure garage with automatic roller door and provides internal access to the home. Located in a family-friendly neighbourhood with so much at your fingertips, other features we LOVE about this home are:

- Spacious open plan living

- Stylish kitchen with quality appliances

- Ducted reverse cycle air conditioning for year-round comfort

- Laundry with storage space and direct access to outside

- Separate downstairs toilet for when guests come over

- LED Downlights

- Low maintenance yard

- Undercover entertaining area

- Conveniently located close to public transport, cafes, schools and shopping

- Perfect for families looking to upsize or Investors looking to add to their portfolio

Location is super convenient, being close to great schools including Brighton Secondary & Sacred Heart College. Only a short commute to the city, plus easy access to beaches, restaurants and cafés. You are moments away from public transport, with the train close by and Westfield Marion less than a 5 minute drive. This house offers more than just a home but a lifestyle in Adelaide, awarded the best city to live in Australia.

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 310071)

Listing description written by Josh Morrison, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.