Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
SA › Hope Valley › Parcoola Ave
$565,000
Last sold
23 Mar 2026
0
Bedrooms
0
Bathrooms
0
Car spaces
329 m²
Land
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
$565,000
23 Mar 2026 · derived via latest_sale
Local land rate: recorded Land sales in Hope Valley (last 5 years) with land size have a median of $926/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Hope Valley
-37.3%
Median sale
Suburb $901,000
+1.95 pp
Gross yield
Suburb 3.28%
Suburb median $901,000 from 34 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 $568/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Hope Valley at a glance
8,725
People
$901,000
Median sale
$568/wk
Median rent
3.28%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property NorwoodAn exceptional opportunity awaits to secure a well-proportioned parcel of land in one of the north-eastern suburbs' most connected and convenient locations. Offering an ideal blend of lifestyle and accessibility, this 329sqm (approx.) allotment presents the perfect foundation to design and build a contemporary home tailored to your needs - with the added flexibility of an optional House & Land Package for those seeking a streamlined build experience.
Boasting an excellent footprint with a 9.0m (approx.) frontage and a generous 36.55m (approx.) depth, this allotment is thoughtfully sized to suit a range of modern designs while maintaining valuable outdoor space and functionality. Whether you're a first home buyer ready to enter the market, an investor seeking a high-demand location, or a downsizer looking to build low-maintenance living, this is a rare land offering that ticks every box.
Perfectly positioned close to everyday essentials, enjoy quick access to the Modbury Interchange and O-Bahn for an easy CBD commute of around 20 minutes. Tea Tree Plaza, Modbury Hospital and excellent local schools are all within easy reach.
For buyers who prefer a simplified pathway to building, an attractive fixed price house & land option is available featuring a modern, low-maintenance design and a comprehensive list of inclusions.
• Land cost: $565,000
• Build cost: $330,000
Total cost: $895,000
(Landscaping and fencing/retaining walls not included)
Highlights may include:
- Reverse cycle air conditioning
- Premium kitchen with island bench and butler's / walk-in pantry
- Quality 60cm Euro kitchen appliances
- Open-plan living flowing to undercover outdoor entertaining
- Master suite with ensuite and walk-in robe
- Bedrooms 2 & 3 with built-in robes
- Tiled three-way main bathroom with bath, shower and heat lamps
- 2.7m ceilings and LED downlights
- Direct stick vinyl flooring
- Instantaneous gas hot water
- Single garage
- Driveway and external pathways included
This is a rare chance to purchase land in a tightly held locale, with the added bonus of a tailored build option to suit your budget and lifestyle.
RLA 285309
Listing description written by Aditya Singh, Belle Property Norwood — reproduced as published, not verified by Districts.