Evanston at a glance
2,775
People
$707,125
Median sale
$538/wk
Median rent
3.96%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Evanston › Railway Cres
$1,002,000
Last sold
9 Oct 2025
6
Bedrooms
4
Bathrooms
10
Car spaces
1,017 m²
Land
214 m²
Building
Districts View
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
$1,002,000
9 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Evanston (last 5 years) with land size have a median of $1,067/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Evanston at a glance
2,775
People
$707,125
Median sale
$538/wk
Median rent
3.96%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Evanston
+41.7%
Median sale
Suburb $707,125
-1.17 pp
Gross yield
Suburb 3.96%
Suburb median $707,125 from 20 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 $538/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
Evanston at a glance
2,775
People
$707,125
Median sale
$538/wk
Median rent
3.96%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Gawler/WillastonRarely does a property with such unique potential come to market. Situated in a convenient Evanston location, 41 Railway Crescent presents a quality steel framed 2001 built home with outstanding investment opportunity with a total of four separate dwellings on one title, recently renovated and ready for immediate rental. With a projected return of approximately $1,400 per week, this property would also be ideal for self-funded retirees seeking to live comfortably in the main residence while generating income from units 2, 3, and 4.
The Main Residence
The main home has been freshly updated with new carpet and modern finishes throughout. It offers three bedrooms plus a study. With sliding door access and an adjoining private study retreat, the master bedroom provides a quiet and functional space to unwind or work from home. Bedrooms two and three are well-sized, with bedroom three featuring a built-in robe. The central bathroom is well-appointed with a separate toilet for added convenience. A stylish kitchen with a new induction cooktop flows into a spacious open-plan living and meals area, kept comfortable year-round with reverse cycle air conditioning. Additional features include roller shutters along the front for privacy and security, a fenced verandah, a shed for the hobbyist, and an excellent full-size rear yard with room for a boat, caravan, or trailer. A large carport provides space for multiple vehicles.
Units 2 & 3 - Self-Contained Living
Designed for independent living, both units feature one bedroom plus a study, a kitchenette, bathroom, and generous living space. Each includes its own reverse cycle air conditioning for year-round comfort, a private storage shed, and access to a communal laundry and open shared space.
Unit 4 - The Granny Flat
The separate granny flat offers a cosy retreat with a bedroom, living area, bathroom, kitchenette, verandah, and private storage shed. It also includes reverse cycle air conditioning for modern comfort. A shared double carport services units 2, 3, and 4.
Location Benefits
Set in an increasingly popular rental area, the property is within easy reach of public transport (including the Gawler train line), schools, parks, and shopping centres. The Northern Expressway is just minutes away, ensuring direct access to the Adelaide CBD.
Whether you're seeking to expand your portfolio or enjoy a self-funded lifestyle with income from multiple dwellings, this exceptional opportunity ticks all the boxes.
Inspection is a must - secure your future today.
Specifications -
Title: 5854/113
Council: Gawler
Zoning: GN - General Neighbourhood
Area: 1017msq (approx.)
Built: 2001
Don't miss out on this incredible opportunity to make this home yours. Contact Matt Bunder on 0433 258 200 or Tegan Jamieson on 0487 077 874 for further information.
We welcome your enquiry and look forward to hearing from you.
Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment!
Call Matt on 0433 258 200 or click on the following link https://raywhitegawler.com.au/agents/matt-bunder/13798
Ray White Gawler, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: Care is taken to verify the correctness of all details used in this advertisement. However no warranty is given as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error.
Listing description written by Matt Bunder, Ray White Gawler/Willaston — reproduced as published, not verified by Districts.