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 › Corriedale Hills Dr
$813,000
Last sold
18 Oct 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
950 m²
Land
262 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$813,000
18 Oct 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
-6.0%
Median sale
Suburb $865,250
+0.24 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 Rachael Farror or Danielle Comer for viewing times.
Located on a private, and quiet street with gorgeous curb-side appeal, you will be sure to put this Happy Valley winner at the very top of your list. Surrounded by local schools, shops, and public transport options plus the newly opened Happy Valley Reservoir Reserve - featuring walking/bike trails, kayaking, and fishing, it's a fantastic opportunity that will suit a wide range of buyers including first home owners and the growing family wishing to move into this popular location, as well as the savvy investor looking for a stand out property with good rental returns.
Upon entry you will be swept away by the feeling of spacious and luxurious living throughout, a lovely wide hallway flows past a formal lounge laden with cozy carpets, up a split level to the formal dining, and followed by the open plan kitchen, family and meals. Perfectly configured to maximise space, adjacent to the casual meals you have glass sliding doors that seamlessly open out to a paved outdoor entertaining area covered by a pitched roof pergola.
You will be in awe of the beautifully designed kitchen, featuring timeless wooden cabinetry, a large walk-in corner pantry, quality stainless-steel appliances including a gas cooktop and Miele dishwasher plus a well-placed breakfast bar that creates the perfect gathering spot while entertaining family and friends while also allowing for maximum storage and preparation space. A handy powder room with a third toilet and vanity just off the laundry is perfect for guests.
The master bedroom is ideally positioned at the front of the home and is complete with a walk-in robe and classically designed ensuite, while bedrooms two and three are found down a separate hallway just off the kitchen, both featuring built-in robes and serviced by the neutral toned main bathroom. A wonderful addition to the home is a mezzanine level accessible from the third bedroom, giving you an option for a third living, or separate spot to study, while a storage closet found in the hallway provides valuable extra storage space to the home.
The open plan living flows through glass sliding doors providing a seamless transition between the inside and outside where you will find a spacious oasis-style entertaining area with a pitched roof pergola, making sure it's a place to entertain family and friends year-round. There's also plenty of space in the beautifully landscaped front garden showcasing the lovely valley views on offer. An automatic irrigation system throughout the front and back garden makes this the ultimate low-maintenance yard.
Valuable additional features include:
- Double garage with secure roller doors
- Off-street parking for storage of a caravan/boat
- Ducted evaporative cooling
- Two gas space heaters
- Ducted vacuuming
- LED lighting
- Roller shutters
- A garden shed with power connected
Features such as this are often sought but very hard to find, particularly when teamed with such a beautifully appointed residence that is tastefully decorated in neutral tonings. Not only are you just a short drive from the fantastic Aberfoyle Hub Shopping Centre, but this wonderful location also provides nature and lifestyle opportunities galore, with a multitude of parks and playgrounds close by. You'll need to get in quickly as an opportunity to own a home in one of the South's most popular locations won't last long!
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.
RLA 222182
Listing description written by Rachael Farror, Magain Real Estate — reproduced as published, not verified by Districts.