Meadows at a glance
1,886
People
$963,000
Median sale
$550/wk
Median rent
2.97%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
SA › Meadows › Michelmore Dr
$455,000
Last sold
31 Aug 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
800 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
$455,000
31 Aug 2020 · derived via latest_sale
Local land rate: recorded House sales in Meadows (last 5 years) with land size have a median of $803/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Meadows at a glance
1,886
People
$963,000
Median sale
$550/wk
Median rent
2.97%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Meadows
-52.8%
Median sale
Suburb $963,000
+3.32 pp
Gross yield
Suburb 2.97%
Suburb median $963,000 from 18 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 $550/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
Meadows at a glance
1,886
People
$963,000
Median sale
$550/wk
Median rent
2.97%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Christies BeachArchitectural designed home on three levels!
This stunning home, located in a relatively new subdivision in the township, definitely has the wow factor
and that's exactly what you'll be saying as you walk in the front door! The home is unique with lots of open space and a feeling of grandeur, it was constructed in 1997 with form poured concrete walls and high ceilings to provide consistent temperatures throughout the year. Located at the highest point in the street the home has uninterrupted hills views from just about every window in the house. You'll love the large living area on the first level with floating timber floors, impressive stone fire place and looking up, you'll be amazed at the vaulted seven metre high ceiling with exposed beams, it's magic! The second level includes the dining area, modern laundry, and fabulous timber kitchen with gas appliances, walk in pantry and ample storage and bench space, both rooms have views over the lower level. The central passageway leads to the quality main bathroom, with floor to ceiling tiles. There's a separate toilet, and the second and third bedrooms and family room. With a little bit of an adjustment, the family room could be converted into a fourth bedroom. The third level is up a flight of stairs to a mezzanine floor, there you'll find the master bedroom with en-suite bathroom and built in robe, the room also with views over lower two levels and beyond, it truly is one of a kind. The backyard includes a paved patio with gabled verandah and your own built in bar. You'll find yourself looking out over the neighbouring farm land with views as far as the eye can see. At any time of day you'll see dairy cows, bird life, kangaroos and the odd billy goat meandering passed your back fence, just stopping by to say hello! The patio is the perfect spot whether it's summer or winter, to sit and relax or entertain and take in the cool gully breezes or watch the lightning strikes over hill tops. A double driveway has room to park two vehicles and the double garage with power and light, is semi lined with overhead storage. The home has lots of creature comforts, such as ducted cooling, two r/c split system air conditioners and is serviced by a large underground water tank and is connected the local bore water supply. The home is in a perfect location, so close to schools, shopping and professional services, with Mount Barker and its major shopping centre a 20 minute drive away. If you're looking for something out of the ordinary and completely different, this could be the dream home for you, why not call the agent now, to arrange an inspection, you'll be so glad you did!
Listing description written by Brian Pounsett, Harcourts Christies Beach — 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.