Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Ronald Rd
$547,500
Last sold
30 Mar 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
713 m²
Land
120 m²
Building
Districts View
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
$547,500
30 Mar 2023 · derived via latest_sale
Local land rate: recorded House sales in Redwood Park (last 5 years) with land size have a median of $1,118/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Redwood Park
-35.8%
Median sale
Suburb $852,500
+2.09 pp
Gross yield
Suburb 3.76%
Suburb median $852,500 from 16 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 $616/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
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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MichaelKris Real EstateThis would make a great place to call home in this popular foothills location close to public transport, Redwood Park Primary and Sherwood Reserve providing easy access to the walking trails and bike tracks of the Dry Creek Corridor.
In addition, the Tea Tree Plaza Shopping Centre and O-Bahn interchange are less than a 5-minute drive and there's a number of schools, sporting facilities and the Waterworld Aquatic Centre are all located nearby.
The light filled interior of the home is immaculately presented and ready to move right in, or continue to improve by adding your own personal touches. Notable features include a modern kitchen, two separate living areas and stylish plantation shutters. The feeling as you walk throughout is inviting and relaxed.
Outside you are treated to a leafy setting from an elevated full-length verandah. The valuable double width carport provides undercover parking for two vehicles, plus there's additional off-street parking available.
Plenty more features to discover, inspection is highly recommended.
Features:
-Quiet family friendly street
-3 bedroom design
-Two separate living areas
-Updated kitchen include modern kitchen appliances & overhead cupboards
-Main living and bedrooms with floating timber flooring
-Built-in robes to bedrooms 1 & 3
-Reverse cycle split system air-conditioning
-Plantation shutters to the main living area
-Full length rear verandah
-Double width carport
-Popular family friendly location
-450 metres to public transport
-Walking distance to Sherwood Reserve and the Dry Creek walking trails & bike tracks
-A selection of schools located nearby
-5 minutes drive to Tea Tree Plaza and the O-Bahn Interchange
-Owner occupied by the current owner for the past 30 years
Land size: 713 sqm (approximate)
Dwelling size: 120 sqm (approximate)
Year built: 1984
Council: City of Tea Tree Gully
Council rates: $1568.00 per annum
Matthew Lee, MichaelKris Real Estate RLA 212749
Listing description written by Matthew Lee, MichaelKris Real Estate — reproduced as published, not verified by Districts.