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 › Greenway Dr
$553,000
Last sold
18 Aug 2023
4
Bedrooms
1
Bathrooms
2
Car spaces
697 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
Last sold
$553,000
18 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Surrey Downs (last 5 years) with land size have a median of $1,043/m² of land (n=53). 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
-35.0%
Median sale
Suburb $850,500
+2.02 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
UnknownArea
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 Xsell PropertySet your family up for life by securing this rare 697sqm corner block overlooking a massive reserve. Packed with development potential for your future nest egg. The best part is that you can take your time as the four-bedroom home is rented at $500pw to great tenants who are keen to stay. Plan your dream development while enjoying a steady passive income.
Your options to add value are limitless…Renovate the existing home, subdivide the backyard, or redevelop the whole site into three new homes (STCC).
Alternatively, fast track your development by using the approvals already achieved for a subdivision and build of two spacious single level homes, each with highly sought after double garages (plans available on request).
Location, location, location! Whatever your plans or dreams for the future this is the perfect position overlooking the breathtaking Greenway Reserve.
This lush reserve is one of many that link together to form the 9km Dry Creek Corridor - providing the ultimate lifestyle. Imagine waking up to the sound of kookaburras, spotting koalas, playing in the creek with the kids, relaxing strolls and bike rides. Expect this to get even better as Council rolls out stage 2 of their Dry Creek Corridor Upgrade Project with ideas for the Greenway Reserve including a new playground, water fountain, BBQ and a rotunda.
The beautiful Illyarrie Reserve Playground is less than a 500m walk, which includes ANOTHER reserve, table tennis table, BBQs, toilets, ample shade and even a flying fox.
This prime position is a magnet for families! Surrey Downs Primary School is just 200m away. And SO MANY more great schools (Pedare, Gleeson, Our Lady of Hope to name a few), childcare centres and family day cares all within 10 minutes. The local gym with creche, cafés & shops is just moments away.
Exceptional features include:
- Corner block
- Generous land size
- Rented at $500pw to excellent tenants
- In-demand family location (with park views!)
- Straightforward and cheaper builds (no protected trees, relatively flat)
- Multiple development options - including approved plans already available
- 4+ bedroom home to live in or rent out until you are ready to make your mark
A perfectly positioned corner site with so much potential is extremely rare. Don’t miss out. Call today before another smart buyer snaps it up!
We (Xsell Property & our suppliers) have made every effort to ensure that the information provided for this property is accurate, however we provide no warranties or guarantees. We accept no liability for any errors or omissions (including but not limited to land size, floor plans, or general condition) and recommend that if you are interested you make relevant checks and seek qualified and independent advice where necessary.
RLA: 267 - 857
Listing description written by Andrew Kyriacou, Xsell Property — reproduced as published, not verified by Districts.
Nearby 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.