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SA › Virginia › Matthew Way

3 Matthew Way, Virginia SA 5120

House

$650,000

Last sold

19 Mar 2024

3

Bedrooms

2

Bathrooms

1

Car spaces

320 m²

Land

172 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 $650,000 (19 Mar 2024).(Recorded sale)
  • CalculationRecorded House sales in Virginia (last 5 years) with land size: median $1,750/m² of land (n=61). 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

$650,000

19 Mar 2024 · derived via latest_sale

Local land rate: recorded House sales in Virginia (last 5 years) with land size have a median of $1,750/m² of land (n=61). Districts calculation from recorded sales — not a valuation.

Virginia at a glance

3,876

People

$887,500

Median sale

$584/wk

Median rent

3.42%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Virginia report →

Vs Virginia

-26.8%

Median sale

Suburb $887,500

+1.25 pp

Gross yield

Suburb 3.42%

Suburb median $887,500 from 30 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$650,00019 Mar 2024
  2. Listedprice unknowncompleted14 Mar 2024
  3. Soldprice unknown19 Nov 2021
  4. Listedprice unknowncompleted18 Oct 2021

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 $584/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

Virginia in one glance

Virginia at a glance

3,876

People

$887,500

Median sale

$584/wk

Median rent

3.42%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Virginia report →

Keep researching

  • Why Virginia? Read the area thesis →
  • What else is on the market in Virginia →
  • Other records on Matthew Way →

Listing material

Listed by Ray White St Peters

Quality, Appeal, and Contemporary Style

Nestled within a family-friendly new development among homes of similar quality, this modern residence boasts a prime location and a refreshing aesthetic. Spanning a low-maintenance 320m² allotment, it offers an effortless lifestyle.

With its bright and modern interior, this home requires nothing more than for the new owner to move in and relish the palatial atmosphere. Featuring crisp floating floors, fresh neutral tones, 2.7m ceilings, LED downlights, and sleek black aluminium windows, the living space exudes contemporary charm from the moment you enter.

The spacious open-plan family/dining room serves as a welcoming retreat for daily relaxation, seamlessly connected to a well-appointed kitchen. Here, you can cook in style with composite stone benchtops, stainless steel appliances, a 900mm wide 5-burner stove, window splashback, modern cabinetry, a generous breakfast bar, walk-in pantry, double sink, and quality pendant lighting.

Read the full description

Step outside to unwind alfresco-style on the expansive tiled portico, complete with a ceiling fan for summer comfort. The tidy lawn-covered rear yard offers ample space for children to play, ideal for a growing family.

Comprising three generously proportioned bedrooms, each equipped with ceiling fans, quality carpets, and robe amenities, the home ensures comfort and convenience. The master bedroom features a bright and spacious ensuite bathroom with an adjacent walk-in robe.

Modern wet areas include a main bathroom with a deep relaxing bath, a separate toilet, and a cleverly positioned laundry with easy kitchen access and a sliding door to the outside.

An oversized single garage provides secure accommodation for the family car, along with additional storage space. Furthermore, there is room for another vehicle off-street in an exposed aggregate driveway.

Completing this comfortable and modern offering is ducted reverse cycle air-conditioning, appealing to both investors seeking value and homebuyers demanding quality.

Quietly situated amidst other quality, family-friendly homes in a modern area, the residence enjoys proximity to Virginia Shopping Mall for convenient grocery shopping. Nearby reserves and open spaces offer ample opportunities for children to run, ride, and play.

Conveniently located nearby are Virginia Primary School, The Virginia Early Learning Centre, and Play Park, ensuring educational and recreational amenities are within easy reach. Access to the city, Gawler, or the Barossa Valley is swift and effortless with the Northern Expressway nearby.

• Recently constructed, this vibrant contemporary residence boasts 3 generously sized bedrooms.

• The open-plan family/dining area seamlessly integrates with a quality kitchen, offering a modern and functional space.

• Enjoy the crisp floating floors, fresh neutral tones, 2.7m ceilings, LED downlights, and sleek black aluminium windows throughout the home.

• The kitchen is equipped with composite stone benchtops, stainless steel appliances, a 900mm wide 5-burner stove, window splashback, modern cabinetry, a generous breakfast bar, walk-in pantry, double sink, and quality pendant lighting.

• Step out onto the spacious tiled alfresco portico under the main roof. Ccomplete with a ceiling fan, perfect for outdoor entertaining.

• The large lawn-covered rear yard provides ample space for children and pets to play.

• All three bedrooms are generously sized, featuring ceiling fans, quality carpets, and robe amenities. Bedroom 1 includes a bright ensuite bathroom and a walk-in robe, while bedrooms 2 and 3 offer built-in robes.

• Stylish bathrooms with modern fittings, including a main bathroom with a deep relaxing bath.

• An oversized single garage with an auto panel lift door ensures secure parking and storage.

• Stay comfortable year-round with ducted reverse-cycle air-conditioning.

• Whether you're looking for a great first home, an upgrade, or an investment property, this residence offers versatility and appeal.

Tenanted: $550 per week, lease end date on 11th July 2024

Style: Contemporary

House Size: 172m2 approx

Built: 2018

Block Size: 320m2 approx

Council Area: City Of Playford

Council Rates: $1,932.40 PA approx

Water Rates: $153.70 PQ Approx

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Listing description written by Dalal Muhieddine, Ray White St Peters — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Outdoor Entertaining
  • Secure Parking
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.