Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
SA › Hope Valley › Leonis Ave
$630,000
Last sold
16 Nov 2023
0
Bedrooms
0
Bathrooms
0
Car spaces
708 m²
Land
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
$630,000
16 Nov 2023 · derived via latest_sale
Local land rate: recorded Land sales in Hope Valley (last 5 years) with land size have a median of $984/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Hope Valley
-30.1%
Median sale
Suburb $901,000
+1.41 pp
Gross yield
Suburb 3.28%
Suburb median $901,000 from 34 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 $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts SheppardBidding online available - GAVL - https://x5u9a.app.goo.gl/LRJ9
A perfect opportunity to build your dream home or two? Perhaps do a joint venture with someone and reap the rewards of such a rare land holding surrounded by lovely well presented established homes.
The sale is scheduled to go to auction, but the seller wishes to make it very clear that all serious offers and interest to come forward to the agent as the options to purchase are flexible and listed below.
Option 1 - Auction 11:30am on site (unless sold prior)
3 Leonis Ave Hope Valley - 708sqm
• Separate Torrens titled allotment
• Corner allotment
• Faces Menzies ave also
• Potentially build 1 house or 3 (STCC) - proposed plans available upon request
Option 2 - Auction 12:00noon on site (unless sold prior)
3 Menzies Ave, Hope Valley - 654sqm
• Separate Torrens titled allotment
• 21.34m Frontage
• Perfectly rectangular block
• Potentially build 1 house or 3 (STCC) - proposed plans available upon request
Option 3
3 Menzies Ave & 3 Leonis Ave, Hope Valley - 1362sqm
• Entire site, corner location
• Potentially build 1, 2, 3, 4, 5 or 6 homes (STCC) - proposed plans available upon request
All proposed plans of division are drawn up by a professional surveyor Zania Stacey. Plans are clear, to scale and available upon request - call or email Patrick today for your copies.
Listing description written by Patrick O'Flaherty, Harcourts Sheppard — reproduced as published, not verified by Districts.