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.
SA › Virginia › Penfield Rd
$1,150,000
Last sold
30 Mar 2025
4
Bedrooms
2
Bathrooms
10
Car spaces
9,875 m²
Land
173 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
$1,150,000
30 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Virginia (last 5 years) with land size have a median of $1,768/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.
Vs Virginia
+29.6%
Median sale
Suburb $887,500
-0.78 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 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 $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.
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
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.
Listing material
Listed by exp Australia SAThis property SOLD at auction with 10 registered bidders for $1,150,000.
More large land holdings are wanted, with or without houses on them. We met 133 buyers throughout the campaign and have buyers ready now with budgets ranging form $750,000 all the wat up to $3,000,000 for the righ sites.
Call us today to see how we can help you sell your property.
Welcome to 320 Penfield Road Virginia.
An opportunity superior to most and offering a lifestyle that you deserve.
SALE IS BY WAY OF AUCTION ON SUNDAY 30th OF MARCH 2025 (USP).
Bidder registration from 2:30pm with a 3pm auction start (USP).
Set on a very generous flat land holding of some 9,875m2 (appx) is this large 4 bedroom family home that offers multiple sheds and garages throughout the property plus mains water from the front to the rear.
The home area has been fully fenced within the main boundary of the property to provide peace of mind for families with pets and children allowing a smaller enclosed area that is safe and secure for them to play WITH LUSH GREEN LAWNS AND AN amazing ENTERTAINING area.
There are also 3 HUGE rainwater tanks providing over 60,000L (appx) of rainwater which is irrigated through the lawn area of the property.
This is a home that suits anyone wanting to perhaps grow their own produce, be self sufficient, own a large land holding to ride dirt bikes or go karts, business owners wanting to store trucks or earth moving equipment, containers or more or maybe someone wanting to land bank for future redevelopment (when rezoning occurs).
However you look at it, land is where the value is, and this property offers land in abundance.
FEATURES INCLUDE:
* Approximately 9,875m2 of flat land.
* Fully fenced boundaries with electric front gates.
* Full fenced house area within the main boundaries.
* 4 Bedroom modern home.
* Built in 19993.
* Solar power on the roof.
* Ducted air conditioning.
* Formal lounge and dining rooms.
* Large study room/home office.
* Master bedroom with ensuite.
* Large open plan kitchen, meals and family room.
* HUGE undercover pergola for entertaining.
* Lush lawn area for children and pets to enjoy.
* 3 HUGE rainwater tanks (over 60,000L apx).
* 3 Sheds providing concrete and power.
* Water distribution throughout the entire property front to rear.
* Drive thru access to the near new garage with power and concrete.
(You could drive a Ferrari in the garage as the land is that flat).
* PLUS SO MUCH MORE.
Whether you envision a family sanctuary, hobby farm or wish to simply land bank and hold for future development opportunity (stcc), this property offers unmatched potential.
Contact Bjorn Kunzel on 0404 164 447 or Hayley Beckett today on 0488 794 510 for further information and make sure to get your finances in order.
eXp Realty | RLA 300 185
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website
Listing description written by Hayley Beckett, exp Australia SA — reproduced as published, not verified by Districts.