Mclaren Flat at a glance
1,673
People
$1,055,000
Median sale
$621/wk
Median rent
3.06%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
SA › Mclaren Flat › Main Rd
$305,000
Last sold
27 July 2016
3
Bedrooms
1
Bathrooms
0
Car spaces
1,011 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
$305,000
27 July 2016 · derived via latest_sale
Local land rate: recorded House sales in Mclaren Flat (last 5 years) with land size have a median of $1,171/m² of land (n=43). Districts calculation from recorded sales — not a valuation.
Mclaren Flat at a glance
1,673
People
$1,055,000
Median sale
$621/wk
Median rent
3.06%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Mclaren Flat
-71.1%
Median sale
Suburb $1,055,000
+7.53 pp
Gross yield
Suburb 3.06%
Suburb median $1,055,000 from 9 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 $621/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Mclaren Flat at a glance
1,673
People
$1,055,000
Median sale
$621/wk
Median rent
3.06%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Nick van VlietAstute investors and first home buyers take note, opportunities like this are few and far between in Mclaren Flat. Situated on approximately 1011m2, this 3 bedroom home will make a great start for the first home buyer or offer fantastic potential for an investor or business owner.
The home features:
Brick veneer construction throughout with solid brick wet areas
3 good sized bedrooms
Split system air conditioning
Floating floors throughout the walkways
NBN connected
Gas hot water service
Ample backyard space
All electric kitchen
This home on 1011m2 and the neighbouring vacant land of 768m2 are going to market in parallel, providing the astute investor or developer the option to create a number of new ventures subject to council consent, including:
dwelling
educational establishment
open space
recreation area
shop or group of shops where the gross leasable area is less than 200 square metres
small -scale commercial development
small scale light and service industry development
small -scale tourist development including the potential of a cellar door!
supported accommodation.
And if the perfect starter home or development site isnt quite enough for you, how about we throw in location too?
McLaren Flat is a charming small country town in the heart of the boutique wine region that is McLaren Vale. Surrounded by vineyards and gently rolling hills, with cellar doors and wineries on the doorstep and a choice of shopping, amenities and recreational facilities close to hand, this is the location of choice for many. Semi-rural and maintaining that country town feel, major road links, including the Southern Expressway, are exceptionally close, for an easy 45 minute commute into the city.
We havent even mentioned the delicious bakery that is situated over the road yet have we.so what are you waiting for? Call or email for more information today. Were here to help you.
This property is to be sold via an auction campaign. However, all offers submitted prior to auction day will be considered.
Listing description written by Ben Watts, First National Real Estate Nick van Vliet — 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.