Para Vista at a glance
3,148
People
$847,000
Median sale
$580/wk
Median rent
3.56%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Para Vista › Armona Ave
$610,000
Last sold
27 July 2022
4
Bedrooms
1
Bathrooms
3
Car spaces
813 m²
Land
105 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
$610,000
27 July 2022 · derived via latest_sale
Local land rate: recorded House sales in Para Vista (last 5 years) with land size have a median of $1,097/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Para Vista at a glance
3,148
People
$847,000
Median sale
$580/wk
Median rent
3.56%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Para Vista
-28.0%
Median sale
Suburb $847,000
+1.38 pp
Gross yield
Suburb 3.56%
Suburb median $847,000 from 11 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 $580/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
Para Vista at a glance
3,148
People
$847,000
Median sale
$580/wk
Median rent
3.56%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia SA**Note: A full site analysis including concept plans and documents such as CT, water & sewarge point anlaysis has been conducted by Zaina Stacey Planning & Developments and are available upon request.
Developers and renovators can rejoice here, as Mike Lowrie & Bjorn Kunzel from EXP Realty present this rare opportunity with an abundance of options available.
Set on top of a 813 sqm (approx) corner allotment in Para Vista, this 1970 built home has seen better days and allows for astute purchaser to put int he hard yards and reap the rewards long term.
Whether you put in some elbow grease and restore the home to its former glory, take advantage of the land size for new development (STCC) or a combination of both, there lies plenty of options here.
Located in a prime positon opposite a reserve and just minutes away from all local schools, transport and major shopping centres, this block sits in an eviable location that screams out as a great investment.
With the current vendors ready to sell today, this one is wont last long so register your interest with us ASAP.
Key Dimensions:
- 33.53m x 19m (appx) frontages
- 15.24 - 24.84m (appx) depth
- 40.84m (appx) rear width
- Total 813 sqm (appx)
All measurments and drawings are approximate only and may not be exactly to scale. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website.
Listing description written by Mike Lowrie, exp Australia SA — reproduced as published, not verified by Districts.