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SA › Victor Harbor › Norfolk Ave

40 Norfolk Ave, Victor Harbor SA 5211

House

$560,000

Last sold

11 Jan 2024

3

Bedrooms

2

Bathrooms

4

Car spaces

840 m²

Land

153 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 $560,000 (11 Jan 2024).(Recorded sale)
  • CalculationLand 840 m² against a 153 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Victor Harbor (last 5 years) with land size: median $984/m² of land (n=81). 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

$560,000

11 Jan 2024 · derived via latest_sale

Local land rate: recorded House sales in Victor Harbor (last 5 years) with land size have a median of $984/m² of land (n=81). Districts calculation from recorded sales — not a valuation.

Victor Harbor at a glance

4,924

People

$780,000

Median sale

$545/wk

Median rent

3.63%

Suburb gross yield

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

See the full Victor Harbor report →

Vs Victor Harbor

-28.2%

Median sale

Suburb $780,000

+1.43 pp

Gross yield

Suburb 3.63%

Suburb median $780,000 from 12 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$560,00011 Jan 2024
  2. Listedprice unknowncompleted27 Dec 2023

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 $545/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

Victor Harbor in one glance

Victor Harbor at a glance

4,924

People

$780,000

Median sale

$545/wk

Median rent

3.63%

Suburb gross yield

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

See the full Victor Harbor report →

Keep researching

  • Why Victor Harbor? Read the area thesis →
  • What else is on the market in Victor Harbor →
  • Other records on Norfolk Ave →

Listing material

Listed by Harris South Coast

Space for the Whole Family Plus your Van and Boat

Introducing 40 Norfolk Avenue, this 1986 residence is full of surprises and has many special features throughout. Featuring 3 bedrooms, 2 bathrooms, multiple living areas, double carport and shed. There is plenty of parking for your caravan or boat plus the bonus of an outdoor studio all on a large allotment of 840 sqm approx. This spacious home offers exceptional features in an ideal location that must not be missed.

Floor plan comprising of

• Large front living room with ceiling fan and lovely outlook over the distant hills

Read the full description

• Formal dining area is a versatile space and could be transformed into a 4th bedroom if desired

• Open plan kitchen/ living area with split system air-conditioning and sliding doors out to the entertaining

• Kitchen has electric cooking, great bench and cabinet space, walk in pantry

• Large, master bedroom with built-in robes convenient two-way access into the bathroom

• 2 additional bedrooms both with built-in robes

• Main bathroom with shower and full bath, separate toilet

• Secondary bathroom at the rear of the home has shower, toilet and vanity

• Large laundry with wall-to-wall built-in robes

• Undercover entertaining area with high-pitched roofline. Imagine hosting parties and gatherings here. Whether it's a large family get-together or an intimate gathering with friends, you'll find plenty of room to create memorable experiences with your loved ones

• Double carport at the rear of the home and double garage, brilliant for additional vehicles or storage. There is off street parking at front of the residence for your caravan or boat

• Bonus bessa brick studio with kitchenette. Ideal for your home office, artists retreat or teenagers escape

• Low maintenance easy care gardens all on 840sqm (approx.) allotment

• Other features include security shutters on majority of windows, lovely hill outlook

Close to primary school and town centre, enjoy the quite suburban life with all township conveniences only minutes away. The property itself is original to the 1980's however has been kept is great condition over time. Perfect as it is or there is room to modernise and put your own touches on the home. Don't miss the opportunity to make this sensational property your own. Contact Carly Schilling today on 0439 860 866 for your very own private inspection.

Listing description written by Carly Schilling, Harris South Coast — reproduced as published, not verified by Districts.

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.