Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
For sale
For sale
3
Bedrooms
1
Bathrooms
0
Car spaces
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
Asking
No recorded sale price for this property yet.
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 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 $449/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
UnknownArea
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sinova PropertyPositioned in the heart of Adelaide's thriving education, cultural and lifestyle precinct, Unit 43/34 Austin Street presents an outstanding opportunity for both investors and future owner-occupiers, offering exceptional rental returns, everyday convenience and long-term growth potential.
Currently leased at an impressive $800 per week until December 2026, this fully furnished three-bedroom apartment delivers immediate cash flow with an established tenancy already in place, offering an exceptional gross rental yield of approximately 8.1%–8.4%* based on the advertised price guide.
Professionally managed by an independent real estate agency, the property provides investors with flexible management arrangements while also presenting an excellent opportunity for future owner-occupiers to move in upon lease expiry.
Perfectly positioned opposite Adelaide University and within easy walking distance of North Terrace, Adelaide's vibrant East End, Rundle Mall and the CBD, the apartment enjoys consistently strong demand from students, academics, city professionals and owner-occupiers alike.
Designed for comfortable and practical living, the apartment features a light-filled open-plan living, dining and kitchen area that flows effortlessly onto a private balcony, creating an inviting space to relax or entertain. The contemporary kitchen is well-appointed with quality appliances including a gas cooktop, oven and refrigerator, complemented by generous cabinetry and ample storage.
Accommodation comprises three generous bedrooms, each featuring built-in robes, study desks, quality furnishings and abundant natural light, making the apartment perfectly suited to student accommodation, professional city living or future owner occupation. A fully tiled bathroom, internal laundry facilities and ducted reverse-cycle air conditioning complete this well-appointed city residence.
Whether you're seeking a high-performing investment with an outstanding gross rental yield or planning to move into a vibrant city residence once the current lease expires, this outstanding apartment offers the perfect combination of strong income, blue-chip location and exceptional long-term potential.
Property Features
-Approx. 8.1%–8.4% gross rental yield*
-Secure rental income of $800 per week (Approx. $41,600 p.a.)
-Fixed lease in place until December 2026
-Excellent future owner-occupier opportunity upon lease expiry
-Fully furnished three-bedroom apartment
-Spacious open-plan living and dining area
-Private balcony
-Modern kitchen with gas cooktop, oven and refrigerator
-Three generous bedrooms with built-in robes, study desks and quality furnishings
-Internal laundry facilities
-Ducted reverse-cycle air conditioning
-Professionally managed by an independent real estate agency
-Opposite Adelaide University
-Walking distance to Rundle Mall, Rundle Street and Adelaide's vibrant East End precinct
-Minutes to Adelaide Botanic Garden, Adelaide Oval, the Art Gallery of South Australia, South Australian Museum and the State Library
-Excellent access to tram, bus and other public transport
Property Information:
CT: 5936/98
Council: City of Adelaide
Zone: Capital City (CC)
Built: 2005
Council Rates: $1,878.85 p.a. Approx.
Strata Manager: Munro Property Group
Administration Fund: $1,300.75 p.q. Approx.
Sinking Fund: $232.20 p.q. Approx.
Emergency Services Levy: $100.50 p.a. Approx.
SA Water: $191.85 p.q. Approx. (Supply & Sewer)
Currently leased at $800 per week until December 2026.
*Approximate gross rental yield is based on the advertised price guide of $495,000–$515,000 and the current rental income of $800 per week. Gross rental yield is provided as a guide only and does not take into account outgoings, acquisition costs or future changes in rental income.
Listing description written by Felix Chu, Sinova Property — reproduced as published, not verified by Districts.
Nearby 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.