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SA › Edwardstown › Railway Tce

40 Railway Tce, Edwardstown SA 5039

For saleHouse for Sale

$1,000,000–$1,100,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

2

Car spaces

700 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000–$1,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000–$1,100,000(Listing record · 18 June 2026)
  • CalculationAsk is 3% below the Edwardstown median recorded sale ($1,027,500, n=27, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Edwardstown's advertised median rent ($578/wk), implied gross yield would be 3.01% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$1,000,000–$1,100,000

Asking range · $1,429/m² of land

No recorded sale for this property.

Edwardstown at a glance

5,300

People

$1,027,500

Median sale

$578/wk

Median rent

2.93%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Edwardstown report →

Vs Edwardstown

-2.7%

Median sale

Suburb $1,027,500

+0.08 pp

Gross yield

Suburb 2.93%

Suburb median $1,027,500 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,000,000
Stamp Duty (South Australia)
$48,830
Transfer/Registration Fee
$10,328
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,062,858

$62,858 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Edwardstown's advertised median rent — not a rent for this listing.

Net yield
1.51%
Annual cashflow (pre-tax)
$-36,944
Interest cover (DSCR)
0.29
Annual rent
$30,056
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
3.01%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,000,000–$1,100,000available18 June 2026

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 $578/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

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Edwardstown in one glance

Edwardstown at a glance

5,300

People

$1,027,500

Median sale

$578/wk

Median rent

2.93%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full Edwardstown report →

Keep researching

  • Why Edwardstown? Read the area thesis →
  • What else is on the market in Edwardstown →
  • Other records on Railway Tce →

Listing material

Listed by REAL Agents & Auctioneers

Back due to failure to contract! 2nd chanches don't last forever. This deceased estate is back on the market and is sure not to last!

DECEASED ESTATE- UNDER INSTRUCTIONS from the Executor

There are homes you inspect and forget. Then there are homes that make you smile the moment you arrive — and this is emphatically one of the latter.

Presenting characterful waterfall-fronted post-war austerity classic, set on a commanding 700m² corner allotment in one of the inner suburbs' most tightly held pockets. With its instantly recognisable period charm, generous proportions and a series of thoughtful improvements that have kept pace with the evolving needs of the modern family, this is a home that has been lived in, loved and genuinely cared for over many decades — and it shows in every room.

Read the full description

Original Character, Enduring Appeal

Step inside and the hallmarks of the era greet you warmly: high ceilings that lend every room a sense of size and space beyond what the tape measure will tell you with generously proportioned bedrooms that recall when a bedroom was actually a childhood sanctuary and a traditional allotment that offers the kind of space that is rarely built upon anymore. These are the qualities that make mid-century homes so enduringly sought after, and this one delivers them in abundance.

Three generous main bedrooms provide comfortable accommodation for the whole family, while a versatile fourth room adapts effortlessly to whatever the household requires — a study for the professional working from home, a sunroom bathed in natural light, or a fourth bedroom for the growing family that needs every square metre.

Evolved for the Way You Live Today

Recognising that great bones deserve a great life, the home has been thoughtfully extended and improved over the years to deliver the spaces that contemporary families actually need. An expansive family room anchors the side of the home and opens to a relaxed casual meals and living area adjacent the modern kitchen — the kind of effortlessly connected, light-filled space where the family gravitates without being asked.

Whether it's homework at the kitchen bench, weekend meals that spill from the dining table to the living area, or a quiet evening in the family room while the younger ones do their own thing, this home accommodates the rhythms of real family life with ease.

Practicality at Every Turn

On a corner allotment, convenience comes naturally. Street frontage to Railway Terrace provides kerb-side parking and a porte-cochère for covered arrival, while rear lane access to the garage ensures the practical needs of a busy household are handled without fuss.

A Location That Delivers Everything

Set minutes from the city and the bay, and moments from schools, cafés, shops and transport, this is inner suburban living at its most genuinely accessible. The neighbourhood is tightly held for good reason — once people arrive, they tend to stay — and opportunities to secure a corner allotment of this scale and character in this location are as rare as they are brief.

With up to four bedrooms, three distinct living areas and a presence on the street that turns heads, this is a home for families who refuse to compromise.

Inspect and prepare to fall in love.

**The vendor statement along with all searches pertaining to the property will be on display at our office for 3 days consecutive days prior to auction and at the site of auction for 30 minutes before the auction**

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

RLA 232366

Listing description written by Dave Stockbridge, REAL Agents & Auctioneers — 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.