Edwardstown at a glance
5,300
People
$1,011,000
Median sale
$578/wk
Median rent
2.97%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Edwardstown › De Laine Ave
$690,000
Last sold
21 June 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
163 m²
Land
115 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
$690,000
21 June 2024 · derived via latest_sale
Edwardstown at a glance
5,300
People
$1,011,000
Median sale
$578/wk
Median rent
2.97%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Edwardstown
-31.8%
Median sale
Suburb $1,011,000
+1.39 pp
Gross yield
Suburb 2.97%
Suburb median $1,011,000 from 26 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 $578/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
Edwardstown at a glance
5,300
People
$1,011,000
Median sale
$578/wk
Median rent
2.97%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bronlea Real EstateCentrally located between the city and the beach this modern homette is perfect for those downsizing, looking for a first home or perhaps an Adelaide base for the kids to live in while at University. It would also make a great addition to the investment portfolio.
Situated on a community title in a well-maintained group of five, the home features two bedrooms (main with large built in robe and access to the two-way bathroom, second bedroom also has a built-in robe), gorgeous kitchen with ample storage, time-saving dishwasher, wall oven and microwave provision and breakfast bar, ideal for your friends to sit and enjoy a coffee or wine while you prepare dinner. The kitchen adjoins the spacious living area which opens out to the all-weather outdoor entertaining area and to your easy-care back garden, perfect for enjoying a barbecue with family and friends. There is a lock-up carport for one car plus room to park a second car off-street.
Additional features include:
• Ducted reverse cycle air conditioning throughout
• Gas cooking and gas hot water service
• Separate laundry with good storage
• Floor to ceiling tiles in bathroom
• Handy second guest WC
• Roll down blinds to outdoor area
Situated approximately 400m to the Edwardstown Railway Station providing an easy commute into the CBD or to Flinders Universities and Medical Centres, plus you are approximately 1km to Castle Plaza Edwardstown and also close to several other fantastic shopping centres, great local public and private schools, several local cafes and pubs and all other necessary amenities.
Be quick to avoid missing out on this little beauty.
RATES AND FEES:
Council rates: $1,376.23 per annum
SA Water - water rates: $74.20 per quarter
SA Water - sewer rates: $79.82 per quarter
Emergency Services Levy: $93.45 per annum
Admin Levy: $166.50.00 per quarter (funds in account as at 31/05/2024: $3,404)
Sinking levy: $18.00 per quarter (funds in account as at 31/05/2024: $4,245)
OTHER INFORMATION:
Council: City of Marion
Corporation manager: Best Strata
Year Built: 2019
THE FINE PRINT:
Whilst we try our absolute best to obtain the correct information for this advertisement, the accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek their own independent advice.
Listing description written by Bronwyn Drabsch, Bronlea Real Estate — reproduced as published, not verified by Districts.