Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Tea Tree Gully › Elizabeth St
3
Bedrooms
1
Bathrooms
4
Car spaces
687 m²
Land
125 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,139/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
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 $582/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
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia SAChris Janzon and Buri Son from eXp Realty are proud to present 37 ELIZABETH STREET – TEA TREE GULLY. This property would be perfect for a variety of home buyers in today's competitive market, but it will most likely appeal to first-home buyers with experience on the tools, investors, or anyone looking to renovate/flip an investment property because it screams potential.
This is the first time the home has come onto the market in over 45 years and is the perfect opportunity for those wanting to live in the beautiful suburb of Tea tree gully. The best aspect is that the home is pretty much a blank canvas and perfect for those who want to put their own taste into updating the home.
This 1965 built home, which sits on a large corner allotment with drive through rear access is not short on space or storage as there is a shed located at the back. This is ideal for homeowners who are renovating their homes since it allows them to store all of their tools with comfort and peace of mind.
The house itself has a fantastic floor plan, with spacious bedrooms. There is a formal kitchen to open dining, formal living, bathroom and separate toilet which could all benefit from an update.
Other Features of the home include;
Council / City of Tea Tree Gully
Zoning / R – Residential
Built / 1965
Brick Vaneer
Land / 687m2 approx
Internal / 125m2 approx
Large Yard Space (Front and Back)
Drive through access from side of home
Corner Block
Another benefit of the home is that being on a corner block, those who are looking at doing their first, second or third development or developers looking for a large block in area of Tea Tree Gully can benefit from this home. You could potentially subdivide the block into 3 allotments and build 3 townhouses on this block (STCC) or rent out the home while your development plans are put forwarded to the councils.
Call Chris Janzon or Buri Son from if you are interested in the home.
DISCLAIMER: On behalf of EXP AUSTRALIA, 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 seek independent advice. Should this property be scheduled for auction the vendor's statement is available to you for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts – Just ask any of our staff.
Listing description written by Chris Janzon, exp Australia SA — reproduced as published, not verified by Districts.