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SA › Brahma Lodge › Gregory St

43 Gregory St, Brahma Lodge SA 5109

For saleHouse

$912,926

For sale

Asking

$475,000

Last sold

30 Sept 2022

3

Bedrooms

1

Bathrooms

3

Car spaces

735 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $912,926 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $912,926(Listing record · 12 Aug 2026)
  • CalculationRecorded House sales in Brahma Lodge (last 5 years) with land size: median $966/m² of land (n=62). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 16% above the Brahma Lodge median recorded sale ($789,500, n=14, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Brahma Lodge's advertised median rent ($524/wk), implied gross yield would be 2.98% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$912,926

Asking · $1,242/m² of land

Last recorded sale $475,000 (30 Sept 2022).

Local land rate: recorded House sales in Brahma Lodge (last 5 years) with land size have a median of $966/m² of land (n=62). Districts calculation from recorded sales — not a valuation.

Brahma Lodge at a glance

3,454

People

$789,500

Median sale

$524/wk

Median rent

3.45%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Brahma Lodge report →

Vs Brahma Lodge

+15.6%

Median sale

Suburb $789,500

-0.47 pp

Gross yield

Suburb 3.45%

Suburb median $789,500 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$912,926
Stamp Duty (South Australia)
$44,041
Transfer/Registration Fee
$9,488
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$970,155

$57,229 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Brahma Lodge's advertised median rent — not a rent for this listing.

Net yield
1.48%
Annual cashflow (pre-tax)
$-33,918
Interest cover (DSCR)
0.29
Annual rent
$27,248
Operating expenses
$13,694
Loan amount
$730,341
Annual interest
$47,472
Gross yield
2.98%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202220242026$475k$913k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$912,926available12 Aug 2026
  2. Sold$475,00030 Sept 2022
  3. Listedprice unknowncompleted13 July 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $524/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Brahma Lodge in one glance

Brahma Lodge at a glance

3,454

People

$789,500

Median sale

$524/wk

Median rent

3.45%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Brahma Lodge report →

Keep researching

  • Why Brahma Lodge? Read the area thesis →
  • What else is on the market in Brahma Lodge →
  • Other records on Gregory St →

Listing material

Listed by Edge Realty

Unlock the Potential on 724sqm!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*

Virtual Tour Link: https://shorturl.at/Epcl4

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Read the full description

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market a fantastic opportunity to secure a home packed with potential on a generous 724sqm (approx) allotment, offering comfortable living today with outstanding scope to renovate, extend or explore future development potential (Subject to Approval from Council & All Other Relevant Authorities - STCA). With multiple living areas and ducted reverse cycle air conditioning, this versatile property is perfectly suited to first home buyers looking to enter the market, renovators ready to add value, or developers searching for a sizeable landholding in a convenient location. Please note this property is currently tenanted on a periodic lease returning $575 per week.

The welcoming formal lounge is completed with decorative cornices, feature timber panelling and a charming bay window create a warm sense of character. Roller shutters provide additional privacy and comfort throughout the seasons. At the rear of the home, the rumpus room is complete with external access, decorative cornices, roller shutters and a combustion heater, making it an ideal second living area, games room, home business space or teenagers' retreat.

The combined kitchen and meals area is practical and functional, providing ample bench space for everyday cooking alongside profile timber cabinetry that offers generous storage. A freestanding five burner gas cooktop with an electric oven makes family meals easy, while the double sink overlooks the outdoor entertaining area, keeping you connected while preparing meals.

Three well proportioned bedrooms in the main residence with easy care vinyl flooring provide comfortable accommodation for the family. A flexible fourth bedroom or additional living area completes the space. The bathroom includes both a shower and bath, complemented by a single vanity and the convenience of a separate toilet. A functional laundry with external access makes household chores simple, while an additional external powder room is perfect when entertaining outdoors.

Outside, you'll discover plenty of space to enjoy. The expansive flat roof verandah, complete with a 1.5 sink, creates a fantastic setting for weekend barbecues and family gatherings. The spacious backyard offers endless possibilities, whether you dream of creating a thriving vegetable garden, adding landscaping or simply enjoying the open space. A large workshop and two additional sheds provide incredible flexibility for tradespeople, hobbyists or those needing extra storage. A triple length carport with a roller door and rear access, along with a rainwater tank, completes this impressive package.

Key features you'll love about this home:

- Ducted reverse cycle air conditioning throughout with 5 zones

- Formal lounge plus an expansive rumpus room

- Large workshop and 2 additional sheds

- Triple length carport with a roller door and rear access

- Rainwater tank for the eco conscious buyer

Enjoy everyday convenience with a local bus stop and Brahma Lodge Oval both within easy walking distance. Saints Shopping Centre, Hollywood Plaza and Parabanks Shopping Centre are all just a short drive away for your shopping and dining needs. Families will appreciate being zoned for Brahma Lodge Primary School and Salisbury High School, with Tyndale Christian School and Salisbury East High School also close by. Adelaide CBD can be reached in approximately 40 minutes.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 1963 (approx)

Land Size / 724sqm (approx)

Frontage / 18.28m (approx)

Zoning / GN - General Neighbourhood

Local Council / City of Salisbury

Council Rates / $1,739.92pa (approx)

Water Rates (excluding Usage) / $767.40pa (approx)

Es Levy / $130.30pa (approx)

Estimated Rental / $590-$650pw

Current Rental / Periodic lease returning $575pw

Title / Torrens Title 5622/71

Easement(s) / Nil

Encumbrance(s) / Nil

Internal Living / 153sqm (approx)

Total Building / 284.6sqm (approx)

Construction / Solid Brick

Gas / Connected

Sewerage / Mains

Selling Investment

For additional property information such as the Certificate of Title, please copy and paste this link into your browser: https://vltre.co/NIIzvk

If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Gas Heating
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Shed
  • Toilets: 2
  • Water Tank
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.