Fairview Park at a glance
3,821
People
$892,850
Median sale
$616/wk
Median rent
3.59%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Fairview Park › Lema Ave
$680,000
Last sold
16 Nov 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
631 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
$680,000
16 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Fairview Park (last 5 years) with land size have a median of $1,112/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Fairview Park at a glance
3,821
People
$892,850
Median sale
$616/wk
Median rent
3.59%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Fairview Park
-23.8%
Median sale
Suburb $892,850
+1.12 pp
Gross yield
Suburb 3.59%
Suburb median $892,850 from 20 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
Fairview Park at a glance
3,821
People
$892,850
Median sale
$616/wk
Median rent
3.59%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate NorthDiscover the potential at 34 Lema Avenue, Fairview Park! This solid three-bedroom, one-bathroom home is set on a generous 631sqm corner allotment, offering a blank canvas to bring your vision to life. Whether you're a first-time buyer, investor, or renovator, this property promises endless opportunities to create something truly special.
Inside, you'll find a functional layout that serves as the ideal starting point for a modern makeover. The spacious living area is filled with natural light, while the kitchen and dining spaces provide ample room for family gatherings. Each bedroom offers comfortable amounts of space, ready to be transformed to suit your style. With a bit of creativity and some updates, this property can become a fantastic home or investment.
Outside, the large allotment offers room to grow, with plenty of space for outdoor entertaining, further landscaping, or even further development, thanks to the corner positioning. A powered shed adds extra value, ideal for a workshop or storage for the hobbyist. This property presents a perfect opportunity to enter the market and make a wise investment in a sought-after neighborhood with excellent amenities, schools, the Tea Tree Gully Golf Course and other parks nearby.
Specifications:
CT / 5108/709
Council / Tea Tree Gully
Zoning / GN
Built / 1976
Land / 631m2 (approx)
Council Rates / $1448pa
Emergency Services Levy / $117.30pa
SA Water / $165.55pq
Estimated rental assessment: $560 - $580 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Fairview Park P.S, Surrey Downs P.S, Banksia Park School R-6, Ridgehaven P.S, Banksia Park International P.S
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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 330069
Listing description written by Ben Gow, Harris Real Estate North — 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.