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SA › Gilles Plains › Gay Ave

3 Gay Ave, Gilles Plains SA 5086

House

$740,000

Last sold

17 July 2024

5

Bedrooms

2

Bathrooms

2

Car spaces

574 m²

Land

238 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 $740,000 (17 July 2024).(Recorded sale)
  • CalculationRecorded House sales in Gilles Plains (last 5 years) with land size: median $2,072/m² of land (n=107). 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

$740,000

17 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Gilles Plains (last 5 years) with land size have a median of $2,072/m² of land (n=107). Districts calculation from recorded sales — not a valuation.

Gilles Plains at a glance

4,510

People

$877,500

Median sale

$624/wk

Median rent

3.70%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Gilles Plains report →

Vs Gilles Plains

-15.7%

Median sale

Suburb $877,500

+0.68 pp

Gross yield

Suburb 3.70%

Suburb median $877,500 from 34 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$740,00017 July 2024
  2. Listedprice unknowncompleted25 June 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 $624/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

Gilles Plains in one glance

Gilles Plains at a glance

4,510

People

$877,500

Median sale

$624/wk

Median rent

3.70%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Gilles Plains report →

Keep researching

  • Why Gilles Plains? Read the area thesis →
  • What else is on the market in Gilles Plains →
  • Other records on Gay Ave →

Listing material

Listed by All Adelaide

5 Spacious Bedrooms - Appealing Contemporary Décor

Delightfully nestled in a low traffic, family friendly street, this upgraded brick veneer residence is sited on a generous 574m² allotment and provides ample indoor and outdoor space for the active growing family to grow and prosper.

The home offers 5 spacious bedrooms across a a delightful semi open plan layout. A spacious central living room features sleek floating floors, fresh neutral tones, quality window treatments and stylish chandeliers, fabulous space to relax in formal comfort as you delve into your favourite TV programs.

Cook in casual comfort in a large, combined kitchen/dining room where sleek tiled floors and the original Irish linen cabinetry create a comfortable everyday environment. The kitchen features a freestanding gas stove, subway tiled splash backs, double sink, dishwasher and corner pantry.

Read the full description

All 5 bedrooms offer fresh quality carpets and ample natural light. The master bedroom features a modern ensuite bathroom and views over the backyard. Bedroom 2 offers a built-in robe and dresser. Bedrooms 3 and 4 both provide built-in robes.

A bright main bathroom, separate toilet and traditional laundry complete a value packed interior.

Relax outdoors under a large sheltered verandah, a great space to entertain larger groups and the perfect area for your daily alfresco relaxation. A ceiling fan overhead will moderate the summer sun.

There is plenty of space for the kids to play on a large lawn covered backyard complete with 2 garden sheds and a rainwater tank.

A 2 car carport offers sheltered accommodation for the family cars and there is more room to park off street in a paved front yard. Ducted evaporative cooling offers climatic relief, completing a very attractive and appealing offering that will suit the growing family looking for larger allotment living.

Briefly:

* 1970s constructed brick veneer residence on generous 574m² allotment

* 5 spacious bedrooms across a renovated and upgraded layout

* Large central living room with floating floors, chandeliers, quality window treatments and gas heater

* Generous combined kitchen/dining room with tiled floors

* Kitchen offers original Irish linen cabinetry, freestanding gas stove, subway tiled splash backs, double sink, dishwasher and corner pantry

* Bedroom 1 with ensuite bathroom and views over the backyard

* Bedroom 2 with built-in robe and dresser

* Bedrooms 3 and 4 with built-in robes

* Bright main bathroom with separate bath and shower

* Separate toilet and traditional walk-through laundry with exterior access

* Large sheltered outdoor living verandah area with ceiling fan

* Generous lawn covered backyard with 2 garden sheds

* The house is equipped with a fire wall, ensuring protection from potential fire damage from neighboring properties

* The house is equipped with 20 solar panels which produce 5 KW of electricity

* Ducted evaporative cooling

* Double carport and ample off street parking

* Rain water tank with a capacity of 2000 litres

Delightfully nestled on a corner location in the heart of Gilles Plains. Wandana Reserve is just around the corner, along with plenty of other parks in the local area, including Bentley Reserve Dog Playground and local sporting and recreational clubs.

Public transport is a short walk away to Wandana Avenue or North East Road. Valley Review Par 3 Golf Course is just a short drive away.

Local schools include Wandana Primary, St Pauls College, TAFE SA Gilles Plains, Dernancourt Primary School and the Colleges of Northgate. The zoned high school is Avenues College.

Gilles Plains Shopping Centre is just down the road for your weekly groceries, with Tea Tree Plaza also available for quality lifestyle shopping.

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice.

The vendor's statement (Form 1) will be made available at 193 North East Road Hampstead Gardens for 3 consecutive business days prior to the Auction as well as at the premises on the day 30 minutes prior to the Auction.

Listing description written by Blake Bryant, All Adelaide — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Secure Parking
  • Toilets: 2
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.