Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Happy Valley › Sherwood Ave
$640,000
Last sold
15 Sept 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
725 m²
Land
140 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
$640,000
15 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Happy Valley (last 5 years) with land size have a median of $1,025/m² of land (n=159). Districts calculation from recorded sales — not a valuation.
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Happy Valley
-26.0%
Median sale
Suburb $865,250
+1.35 pp
Gross yield
Suburb 3.83%
Suburb median $865,250 from 12 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 $637/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
Happy Valley at a glance
12,016
People
$865,250
Median sale
$637/wk
Median rent
3.83%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Karen Heuer for further details.
Perched on the high side of the road, with a beautiful low maintenance landscaped garden, on a generous allotment of 725 sqm, in the highly sought-after suburb of Happy Valley. This delightful, three bedroom home with multiple living areas, is sure to impress!
Upon entering, you are greeted with an abundance of natural light, that moves through the picture windows and continues throughout the home. Featuring an open plan dining area that seamlessly flows through to the open plan kitchen, adjacent to the second living area with combustion fireplace, which is perfect for those chilly nights.
The impressive kitchen is at the heart of the home with sleek cabinets, quality appliances, beautiful benchtops and splashback with an abundance of storage space. To the front of the home, is the cosy front facing formal lounge, capturing the lush garden views through the picture windows with gas heater.
The home offers three generous, well-presented bedrooms, all equipped with ceiling fans, including a front positioned master suite. The master bedroom has a walk-through robe, easy access to the two-way family bathroom and enjoys beautiful garden views.
The kitchen overlooks the backyard, which allows you to keep an eye on the kids. Step outside to the inviting enclosed outdoor entertainment area with BBQ, bar fridge and basin for convenience and even a combustion heater for comfort. The perfect area for inviting family and friends over. The kids will enjoy running around in the backyard. Nestled in the corner of the block, is a beautiful spot with perfect opportunity for an outdoor fire pit, to sit back, take some well deserved time out, whilst appreciating the stunning views.
The large sweeping driveway offers valuable storage space, either through the tandem garage or to the front of the home. Perfect for a caravan, trailer or a second outdoor table setting.
Additional features:
-Ducted evaporative cooling
-Drive through tandem garage with an auto roller door for convenience
-Separate laundry with backyard access
-Garden shed for all those extras
In close proximity to Braeview Primary and Reynella East College with beautiful walking/bike trails and wetlands for all to enjoy. The Happy Valley Reservoir nearby offers hours of fun for the whole family. Take a short walk to all local amenities. Be spoilt with public transport on your doorstep, which makes any commute a pleasure!
Don't miss out on this home, offering an easy-care lifestyle in a sought after and convenient location!
All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
RLA 222182
Listing description written by Karen Heuer, Magain Real Estate — reproduced as published, not verified by Districts.
Also look at