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SA › Reynella East › Mcclure Ave

40 Mcclure Ave, Reynella East SA 5161

House

$740,000

Last sold

26 Aug 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

790 m²

Land

124 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $740,000 (26 Aug 2024).(Recorded sale)
  • CalculationLand 790 m² against a 124 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Reynella East (last 5 years) with land size: median $1,021/m² of land (n=54). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$740,000

26 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Reynella East (last 5 years) with land size have a median of $1,021/m² of land (n=54). Districts calculation from recorded sales — not a valuation.

Reynella East at a glance

2,034

People

$857,000

Median sale

$595/wk

Median rent

3.61%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Reynella East report →

Vs Reynella East

-13.7%

Median sale

Suburb $857,000

+0.57 pp

Gross yield

Suburb 3.61%

Suburb median $857,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$740,00026 Aug 2024
  2. Listedprice unknowncompleted29 July 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $595/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Reynella East in one glance

Reynella East at a glance

2,034

People

$857,000

Median sale

$595/wk

Median rent

3.61%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Reynella East report →

Keep researching

  • Why Reynella East? Read the area thesis →
  • What else is on the market in Reynella East →
  • Other records on Mcclure Ave →

Listing material

Listed by Magain Real Estate

SOLD BY DANIELLE COMER AND RACHAEL FARROR

Please contact Danielle Comer or Rachael Farror from Magain Real Estate for all your property advice.

Nestled in the highly sought-after suburb of Reynella East, this captivating three-bedroom home blends timeless charm with seamless indoor-outdoor living. Set on a generous 790 sqm (approx.) allotment, this residence is a rare gem, offering a variety of fantastic entertaining options.

Upon entering, you're greeted by a formal lounge and dining area bathed in natural light streaming through a generously sized window, beautifully complemented by timber-look floors. Whether unwinding after a long day or seeking a quiet corner for work or study, this home offers ample space to meet your needs.

Read the full description

The tastefully renovated kitchen, overlooking the family living area, is equipped with quality appliances, including a electric cooktop. and offers abundant cupboard space, featuring a strategically placed window with a view of the charming rear yard.

The three bedrooms are thoughtfully situated down a separate hallway to the left of the entrance. The master bedroom features a built-in robe for added convenience, and all have easy access to the beautifully presented main bathroom.

For outdoor entertaining enthusiasts, this property boasts timber framed doors from the kitchen, to a paved alfresco area with a flat-roof pergola, offering a perfect shaded spot year-round. Beyond the alfresco, you'll find a spacious, split-level grassy yard, beautifully framed by well-tended garden beds.

Additional features include a single carport with a roller door, ample off-street parking, split system heating and cooling, ceiling fans, and an electric hot water system.

All of this is available at an affordable price in the highly sought-after pocket of Reynella East. Just a short drive from the recently renovated Happy Valley Shopping Centre, which offers a full range of premium shops, and close to public transport and popular local schools, including Reynella East College and Woodcroft College. Homes like this don't last long - act quickly!

All floorplans, 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.

Magain Real Estate Happy Valley

RLA | 222182

Listing description written by Danielle Comer, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.