Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
$900,000
Last sold
17 Mar 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
688 m²
Land
103 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
$900,000
17 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Paradise (last 5 years) with land size have a median of $1,856/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Paradise
-7.9%
Median sale
Suburb $977,500
+0.28 pp
Gross yield
Suburb 3.18%
Suburb median $977,500 from 30 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 $598/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
UnknownArea
Paradise at a glance
8,414
People
$977,500
Median sale
$598/wk
Median rent
3.18%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne UnleyOpportunity knocks for the buyer of 4 Pashen Street Paradise. Sitting on approximately 688sqm with an 18.1m wide frontage this three bedroom brick built home in need of renovation could be the perfect project to get your teeth into for 2025.
Standing in the centre of the block you'll find a three bedroom brick built house, that is in need of updating throughout. Laid out with three bedrooms, living room, kitchen breakfast room, laundry, bathroom and separate WC the decision to renovate, demolish or sub divide (subject to permissions) will be up to you.
Location is everything with Pashen Street, Paradise; set on a quiet side road that offers a calm location, perfect to bring up a family with Moseley Reserve just 100m away to help the kids burn off some energy, or the ever popular Thorndon Park only a few minutes away, with its vast open gardens reservoir and host to many events throughout the year.
When it comes time to leave your piece of Paradise, the CBD is easily accessible along Lower North East or via a short park and ride option at Paradise Interchange. If escaping the city is more your desire, then the Adelaide Hills is only a few minutes away along Gorge Road.
Paradise Primary School and Charles Campbell College are walking distance away with other options such as Thorndon Park Primary School only a short drive away.
Only 2 minutes drive away, you'll find Newton Central with Drakes, Target and BWS amongst a host of specialty shops and Newton Shopping Centre with Coles within reach too.
The property is being sold with contents included.
Auction onsite on 15 March 2025 at 12pm.
Key Features
• CT5343/551
• 688sqm Block
• 18.1m Frontage
• Close to Paradise Primary School & Charles Campbell College
• Access to CBD and Adelaide Hills
• Close to Thorndon Park Reserve
• Brick Built House
• 3 bedrooms
• Refurbish, Rebuild or Subdivide opportunity (subject to permission)
• Contents of property to be included in the sale.
The Vendor's Statement (Form 1) will be available for perusal by members of the public at the office of the agent at Raine & Horne Unley, 4/215-217 Unley Road, Malvern for at least 3 consecutive business days immediately preceding the auction and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction.
*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the Form 1.
Listing description written by James Trimble, Raine & Horne Unley — 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.