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SA › Craigburn Farm › Richman Ct

3 Richman Ct, Craigburn Farm SA 5051

House

$1,310,000

Last sold

23 Oct 2024

4

Bedrooms

2

Bathrooms

4

Car spaces

965 m²

Land

274 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 $1,310,000 (23 Oct 2024).(Recorded sale)
  • CalculationRecorded House sales in Craigburn Farm (last 5 years) with land size: median $2,063/m² of land (n=66). 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

$1,310,000

23 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Craigburn Farm (last 5 years) with land size have a median of $2,063/m² of land (n=66). Districts calculation from recorded sales — not a valuation.

Craigburn Farm at a glance

3,319

People

$1,510,000

Median sale

$613/wk

Median rent

2.11%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Craigburn Farm report →

Vs Craigburn Farm

-13.2%

Median sale

Suburb $1,510,000

+0.32 pp

Gross yield

Suburb 2.11%

Suburb median $1,510,000 from 23 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$1,310,00023 Oct 2024
  2. Listedprice unknowncompleted15 Oct 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 $613/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

Craigburn Farm in one glance

Craigburn Farm at a glance

3,319

People

$1,510,000

Median sale

$613/wk

Median rent

2.11%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Craigburn Farm report →

Keep researching

  • Why Craigburn Farm? Read the area thesis →
  • What else is on the market in Craigburn Farm →
  • Other records on Richman Ct →

Listing material

Listed by Harris Real Estate Glenelg

Spacious Family Home in the Heart of Craigburn Farm

Welcome to 3 Richman Court, Craigburn Farm, where elegance meets family living. From the moment you arrive, the beautifully manicured front garden sets the tone for this stunning home, inviting you to explore everything it has to offer.

Step through the charming leadlight front door, and you're greeted by a cozy lounge area a perfect spot to relax with family. The home opens up into a spacious, light-filled, open-plan kitchen, dining, and living area. The large kitchen is perfect for home chefs, featuring a brand-new gas cooktop, ample cupboard space, and generous benchtops, making meal prep a breeze.

The master suite is a true retreat, boasting picturesque bay windows, a walk-in robe, and a luxurious ensuite with dual basins and a spa bath perfect for unwinding after a long day. Bedrooms 2, 3, and 4 all include built-in robes, while Bedrooms 2 and 3 are equipped with ceiling fans for extra comfort. The main bathroom offers dual basins and a separate toilet for family convenience, while the laundry provides easy access to the backyard.

Read the full description

A separate office offers the flexibility of working from home, and the spacious family room is a fantastic space for the kids to play or for movie nights in.

Outside, you'll find a large undercover entertaining area, ideal for hosting friends and family year-round. The expansive flat lawn provides plenty of room for children to play, while the powered shed offers extra storage and space to park additional cars. The double garage, with automatic roller doors, adds even more convenience.

With solar panels, ducted reverse cycle air conditioning, and proximity to Woodlake Reserve and scenic walking trails, this 965m² property is the perfect family home, offering both style and functionality in the heart of Craigburn Farm.

Don't miss out on this rare opportunity!

Specifications:

CT / 5654/253

Council / Mitcham

Zoning / GN

Built / 2000

Land / 965m2 (approx)

Council Rates / $2644.55pa

Emergency Services Levy / $216.50pa

Estimated rental assessment / $850 to $900 per week / Written rental assessment can be provided upon request

Nearby Schools / Blackwood P.S, Hawthorndene P.S, Eden Hills P.S, Blackwood H.S, Mitcham Girls H.S, Springbank Secondary College

Disclaimer: 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. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 333839

Listing description written by Peter Alexandrou, Harris Real Estate Glenelg — reproduced as published, not verified by Districts.

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.