Gulfview Heights at a glance
3,618
People
$905,000
Median sale
$579/wk
Median rent
3.33%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
SA › Gulfview Heights › Marjorie St
$390,000
Last sold
26 May 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
570 m²
Land
101 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
$390,000
26 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Gulfview Heights (last 5 years) with land size have a median of $1,088/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Gulfview Heights at a glance
3,618
People
$905,000
Median sale
$579/wk
Median rent
3.33%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Gulfview Heights
-56.9%
Median sale
Suburb $905,000
+4.39 pp
Gross yield
Suburb 3.33%
Suburb median $905,000 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 $579/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
Gulfview Heights at a glance
3,618
People
$905,000
Median sale
$579/wk
Median rent
3.33%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through*
Virtual Tour Link: https://my.matterport.com/show/?m=3LXcvjhfjQV
To submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm
Mike Lao and Edge Realty are proud to present to the market this charming home bursting with style and character. Beautifully landscaped gardens welcome you, inviting you to step inside this unique abode you will be proud to call your own whether you're a savvy investor or a growing family.
An enchanting blend of slate floors and brick archways have been paired with feature lights and elegant accents to create a space that is both functional and memorable. The layout includes a lovely lounge room with timber floors and a dining area set under a pendant light.
The kitchen is large and bright with gas cooking, an abundance of storage, views over the backyard and an ornate server window that connects to the lounge room. The timber floors continue into the three bedrooms, all with built-in robes and easy access to the bathroom with a separate toilet for absolute convenience.
The laundry has also been updated and features a door that leads into the fenced backyard where the kids and family pet can play. There is plenty of scope to create an entertainer's haven with a deck and lush gardens or you can simply enjoy the space on offer.
There are so many extra features to enjoy including:
- Ducted evaporative cooling throughout the home
- A large shed for extra storage or use as a workshop
- A rainwater tank for keeping the lawns lush
- A single carport at the front of the home and plently of driveway space for off street parking
Your new home is located within a wonderful community with great neighbours, landscaped gardens and street appeal, while the central location puts you just moments from Gulfview Heights Primary School, Salisbury East High School, Madison Park School and a host of parks including Leonard Street Reserve. The Salisbury East Shops are only a 4-minute drive away and it is just 10 minutes to both the Grove Shopping Centre and Parabanks Shopping Centre. It's just over 20 minutes to St Kilda and only 35 minutes into the heart of the Adelaide CBD.
Call Mike Lao to inspect!
Year Built / 1975 (approx)
Land Size / 570 sqm (approx)
Frontage / 18.9 m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Salisbury
Council Rates / $1,459 pa (approx)
Water Rates (excluding Usage) / $562.20 pa (approx)
Es Levy / $139.31 pa (approx)
Estimated Rental / $370-$390 per week
Title / Torrens Title
Easements / NIL
Internal Living / 101 sqm (approx)
Total Building / 130.6 sqm (approx)
Edge Realty are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.