Marden at a glance
2,793
People
$1,305,000
Median sale
$564/wk
Median rent
2.25%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Marden › Addison Ave
3
Bedrooms
1
Bathrooms
3
Car spaces
787 m²
Land
167 m²
Building
Districts View
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 Marden (last 5 years) with land size have a median of $3,033/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Marden at a glance
2,793
People
$1,305,000
Median sale
$564/wk
Median rent
2.25%
Suburb gross yield
Median sale from 14 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 $564/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
Marden at a glance
2,793
People
$1,305,000
Median sale
$564/wk
Median rent
2.25%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodPerfectly positioned adjacent Royston Park and within just a casual walk to the River Torrens Linear Reserve & Felixstow Reserve, this original solid brick home, constructed in 1957, offers a unique opportunity for both homebuyers and developers alike.
Home buyers will enjoy the opportunity to purchase an entry-level residence, with the security of a generous large allotment providing a future proof mortgage buster for your investment. Developers will be very keen to explore the demolition and subdivision potential (STCC), of the large rectangular landholding.
The home comprises of 3 spacious bedrooms, living room and combined kitchen/dining. Sleek floating floors, generous high ceilings and abundant natural light offer a comfortable living space with a comfortable character essence.
Relax in a living room with feature wall or enjoy the traditional layout of a combined kitchen/dining room where the original cabinetry, wide sink and free standing electric stove provide valuable amenities.
All 3 bedrooms are of good proportion, all offering fresh floating floors. The master bedroom features a built-in side cupboards while bedroom 2 offers a walk-in robe.
Functional wet areas include a central bathroom, traditional laundry and separate toilet.
Relax outdoors and ponder the future potential of this fabulous allotment on a fullwidth rear verandah and adjacent paved patio, both overlooking a large rear yard. A traditional galvanised iron garage offers secure vehicle accommodation for 2 cars and there is ample room for additional parking in long driveway.
Purchased this one now to live in and grow or invest wisely and explore the future use potential and subdivision possibilities (STCC).
Briefly:
* Original solid brick home on large rectangular allotment
* Block size of 798m² approximately
* Great location adjacent Royston Park and within easy reach of the River Torrens Linear Reserve
* 3 spacious bedrooms, all with crisp floating floors
* Bedroom 2 with walk-in robe
* Spacious family room with air-conditioner
* Combined kitchen/dining room in traditional layout
* Kitchen features original cabinetry, wide sink and free standing electric stove
* Bright central bathroom, separate toilet and traditional laundry
* Wide rear verandah overlooking massive backyard
* Paved patio area for alfresco entertaining
* Two-car tandem, galvanised iron garage
* Ample off street parking in long driveway
* Purchase now to live in and enjoy with future proof allotment
* Explore the development potential to subdivide and rebuild (STCC)
What a great location with the River Torrens Linear Park & Felixstow Reserve, both just a short walk away, along with The Mars Sports Centre and the Azzurri Sports Club just down the road.
Marden Shopping Centre is easily accessed, nearby in the local area, as is the Payneham Library and the Payneham Swimming Centre, with the new Walkerville Shopping Centre a short drive away.
The zoned schools are East Adelaide School, Vale Park Primary School and Norwood International High School. Local quality private schools include St Peters College, Wilderness School, St Josephs, St Monicas & St Andrews.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood/Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | Norwood Payneham & St Peters
Zone | GN - General Neighbourhood\\
House | 167sqm(Approx.)
Built | 1957
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Alex Diamond, Ray White 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.