Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
For sale
For sale
5
Bedrooms
1
Bathrooms
2
Car spaces
1,045 m²
Land
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
Asking
No recorded sale price for this property yet.
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 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 $546/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
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodPerfectly located in the prime City-South residential precinct, within walking distance to Goodwood Oval, playground, open space and tennis courts, this corner allotment present a rare and unique opportunity for investors or developers to secure a valuable landholding in a one-off, rare release.
The allotments will be offered as a whole, or for individual sale.
39 East Avenue is a sandstone fronted bungalow, currently rented and offers an opportunity for investors to secure, hold and enjoy the steady income stream. The home consists of 5 bedrooms and is presently configured as student accommodation. The residence is in fair condition and is sited on a generous 1045.45sqm (approx.) corner allotment.
7 Irwin Avenue adjoins the rear of 39 East Avenue & is now Sold!!
With an allotment size of 1,045sqm (Approx.) , this generous corner allotment provides a very rare and desirable opportunity for shrewd investors and entrepreneurs to secure a significant landholding in a very desirable residential suburb.
Get creative and do your maths, these blocks will not last long and offer a rare opportunity to build a dream home, or invest and develop your future.
39 East Avenue:
* Corner allotment of 1045.45sqm (Approx.)
* Frontage of 22.86 m
* Depth of 45.72 m
* Sandstone fronted, solid brick bungalow of 6 main rooms
* Currently configured as student accommodation
Both sited on a fabulous residential precinct and within walking distance to Goodwood Oval and local open space and sporting areas. Quality local shopping can be found at Unley Shopping Centre, Mitcham Shopping Centre and Cumberland Park Shopping Centre.
Public transport to the city is a short walk to Clarence Park Railway Station and bus routes are available at your doorstep on East Avenue.
Nearby unzoned primary schools in the area include Goodwood Primary School, Richmond Primary School and Edwardstown Primary School. Enjoy desirable secondary school zoning to Unley High School. Quality private schooling can be found nearby at Cabra Dominican College, Walford School, Concordia College, Mercedes College & Immanuel College.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details - 7 Irwin Avenue, Millswood
Council | Unley
Zone | EN - Established Neighbourhood\
Land | 904sqm (Approx.)
House | TBCsqm(Approx.)
Built | 1925
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pq
Property Details:
Council | Unley
Zone | EN - Established Neighbourhood\\
Land | 1045.45sqm(Approx.)
House | 216sqm(Approx.)
Built | 1925
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pq
Listing description written by Nick Roma, Ray White Norwood — reproduced as published, not verified by Districts.