Surrey Downs at a glance
3,699
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Surrey Downs › Hancock Rd
$455,000
Last sold
19 July 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
381 m²
Land
196 m²
Building
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
Last sold
$455,000
19 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Surrey Downs (last 5 years) with land size have a median of $1,042/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Surrey Downs at a glance
3,699
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Surrey Downs
-46.5%
Median sale
Suburb $850,500
+3.27 pp
Gross yield
Suburb 3.77%
Suburb median $850,500 from 17 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
Surrey Downs at a glance
3,699
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Burton GrovesPlease note that the Vendor has nominated that no price representation to be quoted.
A brilliant opportunity for first home buyers and investors looking to purchase in this high demand area opposite the Fairview Green Shopping Centre. Great potential to reap some rewards from renovating the existing family home that offers three bedrooms, casual meals, good sized lounge and dine area. The main bathroom has been updated and the kitchen is neat and tidy. Outside offers fully fenced perimeter, carport and an enclosed sunroom with combustion heater and wall air conditioner. Side street allows access to an approx. 6mtr x 3.4mtr garage set to the rear of the property and for your storage needs there is a handy approx. 4.1mtr x 3.4mtr tool/garden shed. Other features include gas heating and reverse cycle air conditioning. Plenty of area outside for kids and pets to play.
Attention developers, investors and new home builders, this property offers enormous development potential, the approx. 730sqm valuable corner allotment with boundaries of approx. 20.11mtr x 36.52mtr may allow the potential for multiple dwellings or to retain the home and cut off an allotment to the rear or demolish the existing home to create two new vacant allotments or simply demolish the existing home to build your dream home. All the above are subject to the necessary approvals, if you have a specific type of development that you are considering please direct all development enquires to the Tea Tree Gully Council, PlanSA or a qualified surveyor of your choice.
Walk to Fairview Green Shopping Centre, Blue Gums Hotel, local restaurants and public transport. Located close to Centro St Agnes Shopping Centre, Tea Tree Gully golf course, local reserves and schools. Minutes to Golden Grove Village Shopping Centre, Westfield Tea Tree Plaza Shopping Centre and the O-Bahn for a direct transport link to the city
Listing description written by Connie Tripodi, First National Real Estate Burton Groves — reproduced as published, not verified by Districts.