Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Happy Valley › Alpine Rd
$795,000
Last sold
12 June 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
860 m²
Land
101 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
$795,000
12 June 2025 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Happy Valley (last 5 years) with land size have a median of $1,025/m² of land (n=160). Districts calculation from recorded sales — not a valuation.
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Happy Valley
-8.1%
Median sale
Suburb $865,250
+0.34 pp
Gross yield
Suburb 3.83%
Suburb median $865,250 from 12 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 $637/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
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePLEASE NOTE: MASKS ARE MANDATORY
Situated on a pleasant street in close proximity to local amenities is this delightfully renovated three-bedroom home that provides exceptional value for money. With a number of updates and renovations, a trendy outdoor entertaining space and a rumpus room, this home is the perfect addition for the savvy investor, first home buyer or growing family alike.
Upon entering the home, we are greeted with a charming entry. To the left is a beautifully bright and spacious living area that features a front-facing window, is serviced by a split system air conditioner & gas heater for optimum temperature control and provides access to the outdoor entertaining space; ideal for hosting friends and family.
Adjacent is the open-plan kitchen/dining space which is certainly impressive. The kitchen featuring an exceptionally modern design theme with a tiled splashback, beautiful white cabinetry, quality stainless steel appliances including a gas cooktop and dishwasher, a breakfast bar as well as the abundance of bench, cupboard and drawer space, the cooking enthusiast will be in absolute awe.
Additionally, there is a laundry/butlers pantry which is ideal for those that need that little extra space on their kitchen. The dining area will comfortably seat the entire family for a delicious dinner or is another space to utilise when hosting friends.
To the right of the home we find the three bedrooms. The master bedroom benefits from a built in robe & ceiling fan and a large front facing window that spills an abundance of natural light into the space as well as a split system air conditioning unit. Bedroom 2 and 3 in the home are also of good size and are both complete with ceiling fans and a built-in robe for storage convenience.
The layout of the property is exceptionally functional as the three bedrooms are serviced by the home's main bathroom. Much to the delight of the growing family, the bathroom features a separate shower, full-sized bath and a separate toilet.
Like the inside of the home, the outside is fantastic. The backyard is home to a wonderful outdoor entertaining area, a generous lawn area for the kids and pets to play and well-manicured garden beds/shrubbery surrounding the yard.
There is an additional rumpus room to the rear of the property that can be used as an additional games room, living area or the ideal man cave; as per your preference as well as a sizeable garage for safe storage of tools, equipment, cars or bikes.
This home really does offer so much versatility.
As for the location, there is no better place in the Southern Suburbs to live, entertain and raise a family. In close proximity to local shops and a number of schools, public transport and popular walking tracks and reserves including the Happy Valley Reservoir which is due to open for recreational activities in December of 2021, this property is as convenient as you can get in the Southern suburbs.
Disclaimer: 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.
Listing description written by Travis Denham, Magain Real Estate — reproduced as published, not verified by Districts.