Cowandilla at a glance
1,536
People
$976,000
Median sale
$566/wk
Median rent
3.02%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › Cowandilla › Spencer St
$582,300
Last sold
29 Mar 2019
3
Bedrooms
1
Bathrooms
3
Car spaces
736 m²
Land
129 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
$582,300
29 Mar 2019 · derived via latest_sale
Local land rate: recorded House sales in Cowandilla (last 5 years) with land size have a median of $1,621/m² of land (n=18). Districts calculation from recorded sales — not a valuation.
Cowandilla at a glance
1,536
People
$976,000
Median sale
$566/wk
Median rent
3.02%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Cowandilla
-40.3%
Median sale
Suburb $976,000
+2.03 pp
Gross yield
Suburb 3.02%
Suburb median $976,000 from 7 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 $566/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
Cowandilla at a glance
1,536
People
$976,000
Median sale
$566/wk
Median rent
3.02%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts SheppardOffers Closing: 16th of March at 4pm (PLEASE NOTE TIME HAS BEEN REVISED)
Price: $519,000-$569,000
ATT: Those seeking a city fringe family home you can grow into with room to tweak/personalize to adapt to your family and their changing needs along the years.
Featuring three large sized bedrooms plus a study, central living/dining/kitchen, a pool and a massive detached rumpus room; 38 Spencer Street has everything a growing family could ask for plus a little bit more.
Filled with character features including; stone faade, timber floors, high ceilings and solid brick construction which blend perfectly with modern improvements and comforts throughout such as ducted reverse air conditioning.
Each bedroom is a great size, with all bedrooms featuring BIRs, ceiling fans and reverse cycle conditioning plus there is an additional centrally located study - great place for the family computer or home office.
The L-shaped open plan living/dining and kitchen area is located at the rear of the home, is full of natural light and flows out through to the undercover outdoor entertaining area and continues on into the spacious established garden and an inviting family size in ground pool which is adjacent the free standing detached rumpus/family/utility room.
Outside is where you'll find yourself and the family will spend the most time, whether it be under the pergola having a barbecue or enjoying the pool in the Summer. In the backyard you will also find home to many different fruit trees including; apricot, walnut, peach, orange and lemon, meaning you'll have fresh produce all year round and there is plenty of space to store things with the work shop and garden shed at the rear.
The air conditioned detached rumpus room will provide extra functionality in the form of either a retreat for guests or teenagers, a children's play area or a great place to set up an office/work from home space.... the possibilities are endless and sure to impress.
Under the carport you will have space to securely park for 3 cars behind the auto roller door and there is room to park additional vehicles if required.
Extra features include: 3 phase power, solar power system, gas heater, toilet is connected to the rain water tank and the home is fully fenced with additional security features.
38 Spencer Street is located towards the end of a no through road with local traffic only and represents great value buying in the inner western suburbs of Adelaide.
It is conveniently located near shops, transport, a variety of local schools and sporting and community based facilities, whilst only being a few km's from the city and few more km's to the beach. If you haven't considered Cowandilla as a place to live, I recommend you come and have a look at this family friendly beauty - they don't pop up all that often in this tightly held suburb.
Listing description written by Sarah Sheppard, Harcourts Sheppard — reproduced as published, not verified by Districts.