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SA › Flinders Park › Drake Ave

31B Drake Ave, Flinders Park SA 5025

House

$1,300,000

Last sold

11 Mar 2026

3

Bedrooms

3

Bathrooms

4

Car spaces

270 m²

Land

244 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 $1,300,000 (11 Mar 2026).(Recorded sale)
  • CalculationRecorded House sales in Flinders Park (last 5 years) with land size: median $2,028/m² of land (n=74). 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

$1,300,000

11 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Flinders Park (last 5 years) with land size have a median of $2,028/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Flinders Park at a glance

5,586

People

$1,320,000

Median sale

$574/wk

Median rent

2.26%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Flinders Park report →

Vs Flinders Park

-1.5%

Median sale

Suburb $1,320,000

+0.04 pp

Gross yield

Suburb 2.26%

Suburb median $1,320,000 from 27 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$1,300,00011 Mar 2026
  2. Listedprice unknowncompleted5 Mar 2026

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 $574/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

Flinders Park in one glance

Flinders Park at a glance

5,586

People

$1,320,000

Median sale

$574/wk

Median rent

2.26%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Flinders Park report →

Keep researching

  • Why Flinders Park? Read the area thesis →
  • What else is on the market in Flinders Park →
  • Other records on Drake Ave →

Listing material

Listed by The Address Real Estate

Architectural Presence w Premium Finishes & Complete Lifestyle Control

Striking from the outset, this modern two-storey residence pairs Recycled Brick with Render and Panel Cladding to create a bold architectural façade framed by manicured hedging and a custom timber entry door.

Inside, design and functionality move in unison across a thoughtfully zoned family floor plan. The ground level centres around expansive open-plan living and dining, finished with light Oak floating floors and seamless indoor-outdoor flow to a fully enclosed alfresco. This year-round entertaining space features industrial styling, encased entirely by glass and a statement pot belly heater, creating a warm and versatile extension of the home.

At the heart of the residence, the kitchen balances contrast and craftsmanship with engineered Stone bench tops and a refined mix of black and white cabinetry. A premium SMEG Victoria 900mm cooker anchors the space, complemented by a

Read the full description

matching SMEG range hood and Honeycomb tiled splashback delivering both visual impact and performance.

Upstairs, accommodation is intelligently arranged around a generous retreat with floating wall-mounted cabinetry and integrated alarm control. The master suite offers scale and comfort with charcoal carpet underfoot, feature pendant lighting and a sophisticated ensuite showcasing herringbone glazed Blue wall tiles, Oak laminate vanity, engineered Stone bench top and underfloor heating. Bedrooms two and three continue the cohesive design palette, each with built-in robes and quality

finishes.

Throughout the home, climate control is handled by Daikin reverse cycle ducted air conditioning with premium slimline outlets, while double glazing enhances comfort and efficiency. Security and peace of mind are prioritised with Swann CCTV coverage, Hills alarm capability and a video doorbell.

Vehicle accommodation is exceptional, with a double garage offering built-in storage and provision for a Tesla Battery. Three-phase power further elevates functionality for modern living.

Located in sought-after Flinders Park, the home sits within the zoning for Flinders Park Primary School and Underdale High School, with easy access to local parks, shopping, Adelaide’s CBD and western beaches.

Additional Features:

- Built-in robes to all bedrooms with feature timber handles

- Double glazing throughout

- Dual roller blinds throughout

- Floating White laminate TV unit in upstairs retreat

- Oak laminate bathroom and ensuite cabinetry

- Terrazzo floor tiles to main bathroom

- Freestanding bath

- LED downlighting

- Aggregate concrete courtyard

- Laundry with white cabinetry and terrazzo-look flooring

- Hills alarm system, monitor-able

- Daikin reverse cycle ducted air conditioning with individual slimline vents

- Underfloor heating to master bedroom

- 3 phase power

- Tesla battery

- Automatic roller doors on the garages

- Large matte black industrial ceiling fan in the alfresco dining area

- Nearby schools include: St Michael's College, Allenby Gardens Primary School, Findon High School, Nazareth Catholic College, Underdale High School, Our Lady of La Vang School, Flinders Park Primary School, Thebarton Senior 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. RLA 350 579

Listing description written by Taylor Bishop, The Address Real Estate — 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.