Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Somerset Ave
$735,000
Last sold
9 Dec 2024
4
Bedrooms
1
Bathrooms
3
Car spaces
700 m²
Land
209 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
$735,000
9 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Redwood Park (last 5 years) with land size have a median of $1,118/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Redwood Park
-13.8%
Median sale
Suburb $852,500
+0.60 pp
Gross yield
Suburb 3.76%
Suburb median $852,500 from 16 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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by All AdelaidePerfectly positioned on a generous, fully landscaped, fenced and retained allotment of 700m², this refreshing red double brick residence boasts 4 spacious double sized bedrooms, free-flowing living areas, extensive alfresco entertaining and ample vehicle accommodation across a well maintained traditional layout.
Young and older buyers alike, wishing to enjoy the benefits of large allotment living will certainly be enticed by the tiered gardens, sweeping lawns, generous workshop and rainwater tanks, while investors and developers will be keen to explore the potential of the large rectangular block.
Crisp timber grain floating floors, fresh neutral tones and ambient natural light flow effortlessly through a generous living room and adjacent combined kitchen/dining, both offering plenty of space for your daily entertaining.
The kitchen is bright and modern, featuring frosted glass splashbacks, stone look bench tops, stainless steel appliances, double sink with filtered water, crisp white cabinetry and plenty of cupboard space.
All 4 bedrooms are well proportioned, all double bed capable, all with fresh quality carpets. Bedroom 1 offers a offers a built-in robe. A bright main bathroom, separate toilet and walk-through laundry complete a value packed interior.
Step outdoors and enjoy premium alfresco entertaining under a full width rear gabled pergola. Pulldown café blinds will enable year-round usage as you sit back and enjoy the views over the fully landscaped and retained rear yard.
A handy workshop/garage and a drive-through single carport with lock-up roller door offer ample utility space while 2 large rainwater tanks ensure the garden will always be green.
Perfect for first home buyers, younger families, downscalers from the hills, or investors looking for success, this one is well worth an inspection.
Briefly:
* Upgraded traditional 4 bedroom home on generous 700m² allotment
* 4 spacious bedrooms and generous living areas
* Fully landscaped rear yard with established gardens, workshop and rainwater tanks
* Crisp floating floors, fresh neutral tones and ambient natural light
* Generous living room with wall heater
* Combined kitchen/dining with sliding door to alfresco
* Kitchen boasting frosted glass splashbacks, stone look bench tops, stainless steel appliances, double sink with filtered water, crisp white cabinetry and plenty of cupboard space
* All 4 bedrooms are double bed capable, all with fresh quality carpets
* Bedroom 1 with built-in robe
* Bright main bathroom with separate bath and shower
* Separate toilet
* Walk-through laundry with exterior access
* Full width rear gabled pergola with pulldown café blinds
* Large manicured rear yard with ample room for kids and pets
* Drive-through single carport with lock-up roller door
* Ample off street parking for caravan's, boats and trailers
* Ducted evaporative cooling and gas wall furnace
* Great first home, perfect downscale, ideal investment
Tea Tree Gully Golf Club is only a few minutes down the street, along with the Tea Tree Gully Sports Complex, hosting football, cricket, tennis, netball, athletics and gymnastics. Fairview Park Shopping Centre is close by for your daily needs, along with Golden Grove Village and Tea Tree Plaza offering a world class shopping experience for your other consumer requirements.
Public transport available just a short walk to Hancock Road, with the Tea Tree Plaza Interchange offering express transport to the city via the Obhan Busway.
Nearby primary schools that are unzoned include Ridgehaven, Banksia Park, Redwood Park and St Agnes Primary Schools. The zoned high school is Banksia Park International High School. Quality private schooling can be found in the local area at Gleeson College, Pedare Christian College, Golden Grove Lutheran and Torrens Valley Christian School.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Listing description written by Ben Krieg, All Adelaide — reproduced as published, not verified by Districts.