Park Holme at a glance
3,424
People
$1,150,000
Median sale
$582/wk
Median rent
2.63%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
SA › Park Holme › Nilpena Ave
$637,500
Last sold
18 Jan 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
183 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
$637,500
18 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Park Holme (last 5 years) with land size have a median of $2,567/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Park Holme at a glance
3,424
People
$1,150,000
Median sale
$582/wk
Median rent
2.63%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Park Holme
-44.6%
Median sale
Suburb $1,150,000
+2.12 pp
Gross yield
Suburb 2.63%
Suburb median $1,150,000 from 9 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 $582/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
Park Holme at a glance
3,424
People
$1,150,000
Median sale
$582/wk
Median rent
2.63%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Wine CoastWelcome to 42B Nilpena Avenue, Park Holme – a modern gem boasting a 2009 build and situated at the back of the block within a community title arrangement. This property offers a perfect blend of comfort and convenience, making it an ideal home for families or savvy investors.
Step inside, and you'll find the master bedroom positioned at the front of the home. This retreat features a spacious walk-in robe and direct access to the generous two-way bathroom, complete with a separate bath and shower, as well as ample storage. Bedrooms 2 and 3 are equally impressive, both equipped with built-in robes to cater to your storage needs.
Continuing through the home, an open plan living and dining area awaits at the end of the hallway. Glass sliding doors seamlessly connect this space to the backyard, where you'll discover a paved pitched pergola area and artificial lawn – creating the perfect low-maintenance yard for relaxation and entertaining. The kitchen, a highlight of the home, showcases a 20mm stone benchtop and a gas cooktop, providing both style and functionality.
Enjoy additional features such as plantation shutters, a split system in the living area for climate control, and a ceiling fan in the master bedroom for added comfort. The single carport, complete with an automatic roller door, accommodates one vehicle, with additional space for another car to park conveniently.
This property not only offers a comfortable and stylish living environment but also boasts an excellent location. A short walk takes you to bus stops and Mulcra Avenue Reserve Playground, while a brief drive brings you to Drakes Ascot Park and Westfield Marion – ensuring all your shopping and recreational needs are easily met.
Currently, this fantastic property is tenanted at $520 per week, providing an attractive investment opportunity. The tenancy agreement extends until 4th November 2024, offering a secure income stream for the discerning investor.
Don't miss the chance to make 42B Nilpena Avenue your home or investment. Contact us now to arrange an inspection and discover the lifestyle and value this property has to offer!
Specifications:
CT / 6041/855
Council / Marion
Zoning / Housing Diversity Neighbourhood
Built / 2009
Land / 183m2
Council Rates / $1310.06pa
Strata Rates / $161.41pq
Strata Manager / Privately Managed
Emergency Services Levy / $124.80pa
SA Water / $221.73pq
Estimated rental assessment / $520 - $550 per week / Written rental assessment can be provided upon request
Nearby Schools / Ascot Park P.S, Forbes P.S, Marion P.S, Clovelly Park P.S, Edwardstown P.S, Hamilton Secondary College, Springbank Secondary College
Disclaimer: 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 and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Sam Bennett, Harris Real Estate Wine Coast — reproduced as published, not verified by Districts.