West Richmond at a glance
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Median sale
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Median rent
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Suburb gross yield
SA › West Richmond › Leicester St
5
Bedrooms
2
Bathrooms
4
Car spaces
780 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
West Richmond at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
West Richmond at a glance
No data
Median sale
No data
Median rent
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Suburb gross yield
Listing material
Listed by Magain Real EstateIt's extremely rare that an opportunity like this presents itself…
Positioned perfectly between the City and Sea on a large 780m2 allotment comes this Unique Family Home along with a Fully Furnished Apartment.
With 5 bedrooms plus a study, 2 bathrooms, 3 living areas, a large updated undercover in-ground swimming pool and a newly built media recording studio on a large block in an ever-updating street and suburb only 7 minutes drive from Adelaide City, makes this a must see!
Highlights:
- Various Development Options - Examples Attached (STCC)
- Dual driveway/crossover in place for that caravan, boat or second home if subdividing.
- 3 Bedroom Home plus study and garage that can be used as an office + 2 Bedroom Apartment that can be rented separately (Fully Furnished)
- Large In-ground Concrete Swimming Pool + New Lighting and Updated Pool Equipment
- Undercover Entertaining area
- Newly built media and recording sound-proof studio with lighting rails, reverse cycle ac, multiple power-points, CAT6 connection and a sound isolation booth.
- 2 phase power with 2 x Solar Systems (22 Panels in Total)
- Monitored Security System
- CCTV Security System
- 5 Split System Air Conditioners
- New Hot Water System (2020)
- Raised vegetable garden beds
- NBN
Whether you choose to:
- Move into the main home and rent out the apartment or put those noisy teenager kids in there
- Renovate the main home
- Build your brand new dream home and keep the pool and studio at the rear
- Sub divide and build 2 new homes, or rent out the Fully Furnished Apartment whilst you continue your subdivision/build
- Take advantage of the new urban code and sell off 300sqm of land, retain the pool and studio and build your 2 story, double garage alfresco home on the eastern 480smq side (STCC).
This site is bursting with potential to renovate, divide or build your dream home. There are endless opportunities!
As for location, it doesn't get much better than this. Just 5km minutes away from the Adelaide CBD and less than 10 minutes to the beach.
In close proximity to a number of quality schools, shopping centres, restaurants and public transport; this spot is exceptionally convenient.
Start making your plans for this property and act quickly as this home along with all of its features and potential in this highly sought after location will not be on the market for long!
Please contact Robbie Leigh to discuss further
Listing description written by Robbie Leigh, Magain Real Estate — reproduced as published, not verified by Districts.