Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$625,000
For sale
$625,000
Last sold
3 Dec 2021
0
Bedrooms
0
Bathrooms
0
Car spaces
195 m²
Land
Districts View
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
Asking
$625,000
3 Dec 2021 · derived via latest_sale
Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Gilberton
-3.2%
Median sale
Suburb $645,750
+0.17 pp
Gross yield
Suburb 5.15%
Suburb median $645,750 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$38,348 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Gilberton's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Gilberton at a glance
1,566
People
$645,750
Median sale
$640/wk
Median rent
5.15%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by For Sale By OwnerThe Phone Code for this property is: 27028. Please quote this number when phoning or texting.
33 Mersey Street, Gilberton
In one of Adelaide's most tightly held and prestigious city-fringe enclaves, this exceptional Torrens Titled allotment presents a rare opportunity to create a landmark residence overlooking the River Torrens Linear Park.
Positioned within an exclusive pocket of Gilberton where opportunities to secure vacant land are increasingly scarce, the property combines tranquil parkland living with the extraordinary convenience of being only moments from North Adelaide and the Adelaide CBD.
Backing directly onto the Torrens Linear Park walking and cycling trails, this premium home site offers a lifestyle that few addresses in Adelaide can match - where morning runs along the river, weekend rides through the parklands and evening walks to the restaurants and cafés of North Adelaide become part of everyday life. From the rear of the property, step directly onto the Linear Park trail network that connects seamlessly to Adelaide Oval, the Botanic Gardens, the Adelaide Zoo and the CBD.
Perfectly positioned between North Adelaide and Walkerville, the location places you within easy reach of Adelaide's most vibrant lifestyle precincts including Melbourne Street, O'Connell Street and the Norwood Parade, all offering an exceptional selection of restaurants, cafés, wine bars and boutique shopping.
Adelaide Oval, the Botanic Gardens, the Adelaide Zoo and the cultural institutions of the Riverbank precinct are all within walking distance, while the CBD is only minutes away.
For families, this address sits at the centre of Adelaide's most prestigious and respected education corridor. Within close proximity are St Peter's College, Wilderness School, Prince Alfred College and St Andrew's School, while the property is zoned for Walkerville Primary School, Adelaide High School and the highly sought-after Adelaide Botanic High School.
Opportunities to secure a fully approved luxury home site backing directly onto the River Torrens Linear Park are exceptionally rare.
Even more compelling is that the property is offered with full development approval for a substantial three-storey architectural residence of approximately 400sqm, designed to maximise the site's desirable north-south orientation and parkland outlook.
For those seeking an even more significant architectural statement, there is also scope to amend the approval to incorporate a fourth level (subject to council consent).
The approved design provides the opportunity to create a magnificent city-fringe residence where expansive living spaces and elevated levels capture tranquil Linear Park outlooks while remaining only moments from North Adelaide and the Adelaide CBD.
Extensive architectural design, engineering and planning approvals have already been completed, with over $150,000 invested in the planning and approval process, allowing the next owner to commence construction without the lengthy and complex approval timelines typically associated with building in such a prestigious suburb.
Vacant Torrens Titled land within this exclusive Linear Park pocket of Gilberton is exceptionally scarce, with most properties tightly held for generations.
Whether you are seeking to build a sophisticated city-fringe residence or secure a rare landholding in one of Adelaide's most desirable suburbs, this property represents an outstanding opportunity.
Key Features:
• Torrens Titled allotment of approximately 200sqm
• Directly backing onto the River Torrens Linear Park
• Highly desirable north-south orientation
• Fully development approved for a substantial three-storey architectural residence (~400sqm)
• Potential to amend approval for a fourth level (STCC)
• Over $150,000 invested in architectural design, engineering and planning approvals
• Genuine ready-to-build opportunity
• Walking distance to Adelaide Oval, Botanic Gardens and the CBD
• Close to Melbourne Street, O'Connell Street and Norwood Parade dining precincts
• Walking distance to St Peter's College and Wilderness School
• Zoned for Adelaide Botanic High School and Adelaide High School
• Easy access to North Adelaide Golf Course, parklands and premium fitness facilities
Opportunities of this calibre in Gilberton are rarely offered and even more rarely repeated.
For further information or to request documentation relating to the approved development plans, please enquire.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (SA) (RLA251994), For Sale By Owner — reproduced as published, not verified by Districts.