Lockleys at a glance
6,099
People
$1,400,500
Median sale
$574/wk
Median rent
2.13%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
$1,230,000
Last sold
14 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
720 m²
Land
239 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
$1,230,000
14 Sept 2024 · 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 Lockleys (last 5 years) with land size have a median of $2,343/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Lockleys at a glance
6,099
People
$1,400,500
Median sale
$574/wk
Median rent
2.13%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Lockleys
-12.2%
Median sale
Suburb $1,400,500
+0.30 pp
Gross yield
Suburb 2.13%
Suburb median $1,400,500 from 27 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 $574/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
Lockleys at a glance
6,099
People
$1,400,500
Median sale
$574/wk
Median rent
2.13%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Wine CoastAnother SOLD by Carly Frost!
Offered to the market for the first time, this is a fantastic opportunity to obtain a property on a large parcel of land with potential to renovate, knock down, or develop (STCA) in a prime location between Henley Beach and Adelaide's CBD.
Currently there is a three bedroom, two bathroom house situated on the block with two spacious living areas, an updated kitchen, and a rumpus room with a bar. The property also has a large shed and carport, while the expansive level yard is ideal for development.
There is so much potential and multiple options here. You could renovate, bulldoze and build a dual living property, rent out the home, land bank for the future, or bulldoze and build your dream home in a superb neighbourhood (STCC). With land so scarce in the area, this could be the hottest opportunity you will come across this year.
Located in a lovely tree-lined street, the property is close to schools, parks, and transport while Henley Beach and beautiful waterfront cafes and restaurants on the Esplanade are just an eight minute drive away. If you are commuting to the city, Adelaide's CBD as well as the University of South Australia, City West Campus are just a 15 minute drive away. Whether you choose to bulldoze and build, rent out, renovate, or land bank for the future, you have multiple options here adding up to an outstanding investment!
• 3 bedrooms, 2 bathrooms, carport
• Two living areas
• Huge rumpus room with bar
• Large garden shed
• Separate laundry
• Updated kitchen
• Built in robes
• Fully fenced backyard
• Ample storage
• 750 metres from transport
• 800 metres from Blamey Reserve
• 1km from Lockleys North Primary School
• 1.1km from Kooyonga Golf Club
• 1.2km from St Francis School
• 2.4km from Fulham Gardens Shopping Centre
• 4km or an 8 minute drive from the Esplanade and Henley Beach
• 6.3km from University of South Australia, City West Campus
• 15 minutes from Adelaide's CBD
Property Specifications
CT Ref: Volume 5649 Folio 325
Local Council: City of West Torrens
Zoning: SN- Suburban Neighbourhood
Council Rates: $1852.00 pa
Emergency Services Levy $126.05 pa
SA Water Rates $213.89 pq
Estimated rental assessment $570-$590 p.w
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. (RLA 249515)
Listing description written by Carly Frost, Harris Real Estate Wine Coast — 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.