Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Fulham Gardens › Shelley Ave

40 Shelley Ave, Fulham Gardens SA 5024

House

$1,600,000

Last sold

16 Mar 2026

4

Bedrooms

3

Bathrooms

2

Car spaces

308 m²

Land

327 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 $1,600,000 (16 Mar 2026).(Recorded sale)
  • CalculationRecorded House sales in Fulham Gardens (last 5 years) with land size: median $2,348/m² of land (n=51). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,600,000

16 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Fulham Gardens (last 5 years) with land size have a median of $2,348/m² of land (n=51). Districts calculation from recorded sales — not a valuation.

Fulham Gardens at a glance

6,857

People

$1,341,500

Median sale

$620/wk

Median rent

2.40%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Fulham Gardens report →

Vs Fulham Gardens

+19.3%

Median sale

Suburb $1,341,500

-0.38 pp

Gross yield

Suburb 2.40%

Suburb median $1,341,500 from 38 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$1,600,00016 Mar 2026
  2. Listedprice unknowncompleted5 Feb 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 $620/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

Fulham Gardens in one glance

Fulham Gardens at a glance

6,857

People

$1,341,500

Median sale

$620/wk

Median rent

2.40%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full Fulham Gardens report →

Keep researching

  • Why Fulham Gardens? Read the area thesis →
  • What else is on the market in Fulham Gardens →
  • Other records on Shelley Ave →

Listing material

Listed by Ous Property Henley Beach South

Upmarket Living & Beautiful

Perfectly positioned along Adelaide's highly sought-after suburb of Fulham Gardens, this residence delivers an exceptional standard of contemporary living. Offering three metre ceilings, refined architectural detail, and a seamless balance of comfort and sophistication across two impressive levels.

Designed to complement today's lifestyle, every element of this home showcases premium craftsmanship and thoughtful functionality.

From the moment you arrive, the grand entrance foyer sets an immediate tone of elegance and scale. Beautifully appointed flooring flows effortlessly throughout, guiding you into light-filled interiors that blend relaxed family living with refined entertaining.

Read the full description

At the heart of the home, the designer kitchen is a true centrepiece - crafted for both style and performance. Featuring sleek stone benchtops, soft-close cabinetry, dual ovens, a spacious walk-in pantry, and quality Westinghouse appliances including a 600mm oven, cooktop, and dishwasher, it offers a flawless culinary experience.

The stunning curved island bench creates a striking focal point, perfect for casual dining or hosting guests in style. The expansive open-plan living zone radiates warmth and sophistication, enhanced by a built-in gas fireplace and custom joinery that elevate the space.

Large glass sliding doors invite the outdoors in, opening to an exceptional alfresco entertaining area complete with a BeefEater built-in BBQ, all overlooking beautifully landscaped gardens.

Thoughtfully designed for flexibility, the ground floor also features a private second master suite with its own bathroom and toilet, ideal for guests, multigenerational living, or added convenience.

Across the residence, three designer bathrooms showcase floor-to-ceiling tiling, semi-frameless shower screens, and timeless contemporary finishes. Upstairs, two generous bedrooms with built-in robes share a stylish main bathroom, while a spacious second living area with custom cabinetry provides the perfect retreat for children - ideal as a playroom, study zone, or gaming lounge.

The luxurious upper-level master suite offers a true sanctuary, complete with a walk-in robe and an impressive designer ensuite that exudes elegance and comfort.

Location Highlights

• Less than five minutes to Henley Square's vibrant cafés, restaurants, and pristine beachfront

• Close to Linear Park, coastal walking trails, and local reserves

• Minutes to Fulham Gardens and Findon shopping precincts

RLA 267639

Listing description written by Mark Griffiths, Ous Property Henley Beach South — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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