Glynde at a glance
2,284
People
$1,250,000
Median sale
$572/wk
Median rent
2.38%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Glynde › Payneham Rd
5
Bedrooms
3
Bathrooms
10
Car spaces
655 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Glynde (last 5 years) with land size have a median of $2,060/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Glynde at a glance
2,284
People
$1,250,000
Median sale
$572/wk
Median rent
2.38%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
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 $572/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
Glynde at a glance
2,284
People
$1,250,000
Median sale
$572/wk
Median rent
2.38%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bruse Real EstateTHE BEST THING IS... THE PRESENT OPPORTUNITY. Currently the property is set up as 3 individual home units and based on our market research and the recent rental return, we believe a potential total rental return of $800p/wk is achievable. Approx $41,000 per year!
Opportunities like this don't come along often. Properties on Payneham Road close to CBD have a great potential for capital growth for the future. High exposure. ZONE 1.1-MEDIUM DENSITY DEVELOPEMNT POTENTIAL WITH COMMERCIAL MIXED USE POTENTIAL. (STCC)
The property is set up as 2 units with 4 lock up garages on the lower level and a penthouse 2 bedroom unit on the upper level. Potentially the upper level unit could be used as a home business set up and rent the lower level units out for a solid income.
The property sits on approximately 655m2 of prime land and has a drive straight in access to the 3 front garages with extra carparking in front plus a side driveway to the garage and extensive land at the rear of the property.
-All units are completely self-contained with separate electricity meters.
-New carpets.
-Just repainted.
-Immaculate condition.
-All with air conditioning.
-Solid brick construction.
-5kms to the city.
-Bus stop conveniently located right in front of the building which takes you straight to Adelaide Uni in only 15 minutes.
-Close to shops.
-Close to excellent schools.
-5kms to the universities - great for student accommodation/rentals.
-Future development.
-Perfect superannuation investment.
-ENDLESS POTENTIAL!
Take advantage of this positive opportunity. Set yourself up for the future and reap the rewards.
Get excited!
THEON BRUSE 0419 816 470
Information
Certificate of Title: Volume 5825 Folio 684
Council: City of Norwood, Payneham & St Peters
Zoning: Residential/ 1.1 - Medium Density
Council Rates: $1005.13 per year (approx.)
SA Water Rates: $268.40 per quarter (approx.)
Emergency Services Levy: $455.70 per year (approx.)
Year Built: 1963
Land Size: 655m2 (approx.)
School Zoning: Felixstow Community School & Charles Campbell College
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Theon Bruse, Bruse Real Estate — reproduced as published, not verified by Districts.