Reynella at a glance
4,961
People
$853,000
Median sale
$595/wk
Median rent
3.63%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
$575,000
Last sold
28 Aug 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
691 m²
Land
95 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
$575,000
28 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Reynella (last 5 years) with land size have a median of $1,149/m² of land (n=125). Districts calculation from recorded sales — not a valuation.
Reynella at a glance
4,961
People
$853,000
Median sale
$595/wk
Median rent
3.63%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Reynella
-32.6%
Median sale
Suburb $853,000
+1.75 pp
Gross yield
Suburb 3.63%
Suburb median $853,000 from 32 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 $595/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
Reynella at a glance
4,961
People
$853,000
Median sale
$595/wk
Median rent
3.63%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstateTravis Denham & Michelle Draper proudly present to the market, this delightful three-bedroom family home located at 43 Cheam Drive, Reynella.
Positioned on a generous 691 sqm block (approx.), within close proximity to local amenities such as shops, parks and schools, this great family home will be sure to appeal to first home buyers, the growing family and savvy investors alike. Featuring a functional floorplan complete with open plan living and an extensive backyard, this property is packed with features you'll be sure to love.
Entering the home, it is simply hard to ignore the beautiful timber flooring throughout and large picture windows that fill the home with an abundance of natural light. To the left, you are greeted by the open-plan living dining and kitchen area that offers ample space for your guests to utilise, whether it be entertaining indoors or relaxing after a long day.
The kitchen is fresh and functional that is complete with an abundance of white cabinetry complimented by a dark splash back. Appliances include an electric cook top, a dishwasher and oven. The master chef of the home will enjoy the large bench space for food preparation or casual meals.
Three quality bedrooms complete the home, each are well-sized, allowing an abundance of space to customize each of the rooms as per your preferences. Bedrooms two and three are both fitted with ceiling fans for year-round comfort.
Another feature you'll be sure to love is the refrigerated ducted WiFi air-conditioning with temperature sensors in each room.
The floorplan layout is exceptionally functional, with all bedrooms within close proximity to the home's bathroom and laundry. The bathroom is complete with a vanity, full-sized bathtub, shower and to the delight of the growing family there is a separate toilet.
Taking a step outside, the home presents beautifully, featuring a well-manicured front lawn. For storage of your vehicle, there is ample driveway space as well as a huge garage/workshop for the savvy handy man or 'Green Thumb' to store tools or equipment.
The back yard is simply beautiful, with a stunning array of trees, plants, shrubbery, and once again perfectly manicured lawns, providing the perfect space for the kids and pets to play on.
What really tops off this beautiful home must be the location! Within close proximity to numerous schools such as, Pimpala Primary School, Morphett Vale Primary School, Sunrise Christian School Morphett Vale, Prescott College Southern, Southern Vales Christian College and Woodcroft College. Public transport is sure to be an absolute breeze not too far away from the Reynella Bus Interchange and Lonsdale Railway Station. There are multiple shopping facilities nearby such as Southgate Plaza, Woodcroft Town Centre, and Colonnades Shopping Centre, as well as plenty of parks and reserves such as Baroona Crescent, and Tangari Regional Park. What's more, only a thirty-two-minute drive will land you in the Adelaide CBD via M2, it really just doesn't get much better than this!
Currently tenanted with a fixed term lease until 25/01/2024. The tenant is currently paying $420 per week but in the current market it has had a rental appraisal of $480 - $500 per week.
Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.
(RLA 299713)
Magain Real Estate Brighton
Independent franchisee - Denham Property Sales Pty Ltd
Listing description written by Travis Denham, Magain Real Estate — reproduced as published, not verified by Districts.