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 › Erica St
3
Bedrooms
1
Bathrooms
1
Car spaces
838 m²
Land
230 m²
Building
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
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 Ray White MagillWelcome to a home that perfectly balances mid-century integrity with an incredible blank canvas opportunity. Built in 1965, this double brick residence sits on a generous allotment, offering the structural bones and expansive land size that modern builds often lack. Whether you're a first-home buyer looking to make your mark or a savvy investor seeking a high-growth location, this property is ready and waiting for its next chapter.
The interior welcomes you with a light-filled layout designed for easy living. The main living spaces, including the lounge, kitchen, and meals area, are all tied together with stylish floating timber look floors. The functional kitchen is well-equipped with ample overhead cupboards for storage, while the adjacent meals area is kept comfortable year-round by a split-system air conditioner.
This central layout flows effortlessly through the home, connecting the social spaces to three good-sized bedrooms that provide plenty of room for a growing family or a dedicated home office. While the bathroom remains in its neat original condition, it serves as a fantastic starting point to renovate and add immediate value.
Stepping outside, you'll discover an exterior built for those who love space and versatility. A small decking area tucked under an undercover verandah provides the perfect spot for morning coffee or evening drinks overlooking the expansive backyard. This massive, lush green space is a rare find, offering more than enough room for kids to play, pets to roam, or even a future extension. For those who need extra storage or a place for a workshop, the property includes a large shed and a single garage with a manual roller door for secure parking.
The lifestyle on offer here is second to none, perfectly positioned at the gateway to the beautiful foothills. You are spoiled for choice when it comes to weekend adventures, with an array of scenic walking trails and world-class wineries just minutes from your front door. Local hospitality is also at its peak, with a short drive landing you at iconic spots like The Gully Public House & Garden, the Fox & Firkin English Pub, or the award-winning dining experience at Topiary. This is a rare chance to secure a solid foundation in a premium lifestyle location.
• Built: 1965
• Land: 838sqm*
• Frontage: 18.28m*
• Kitchen and meals with floating timber look floors and split system air conditioning
• Lounge with floating timber look floors
• Linen press
• Cellar
• Verandah with decking
• Single carport with manual roller door
• Large shed/workshop
• Zoned to Tea Tree Gully Primary School & Banksia Park International High School
*Approximate
All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
RLA323336
Listing description written by David Scalamera, Ray White Magill — reproduced as published, not verified by Districts.