Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
SA › Cheltenham › Stroud Street North
$357,500
Last sold
6 July 2017
4
Bedrooms
1
Bathrooms
2
Car spaces
760 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
$357,500
6 July 2017 · derived via latest_sale
Local land rate: recorded House sales in Cheltenham (last 5 years) with land size have a median of $1,733/m² of land (n=28). Districts calculation from recorded sales — not a valuation.
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Cheltenham
-68.2%
Median sale
Suburb $1,125,000
+5.70 pp
Gross yield
Suburb 2.66%
Suburb median $1,125,000 from 19 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 $575/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
Cheltenham at a glance
2,286
People
$1,125,000
Median sale
$575/wk
Median rent
2.66%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Southgate Real Estate Moana / McLaren ValeSituated on a generous 760m2 block in an increasingly sought-after suburb, this rustic four-bedroom Symetrical Cottage comes complete with Heritage shop front and is a renovator’s dream. With the nostalgic charm of the original façades still intact, it needs a labour of love to truly shine.
The shop sits slightly ahead of the house and features two angled display areas, office and storeroom. Given the increase in home business operations, it presents an opportunity for you to potentially operate a business from home without customers having to access the family home.
Even if you simply wish to restore it as part of the house, it’s a handsome building and draws the eye – a worthy addition to a wide, leafy street that features several beautifully restored old properties.
The house is distinguished by the ornate plaster mantelpieces and high ceilings of a bygone era. Of the four spacious bedrooms, three come with the original fireplaces – non-working, but they can certainly be restored for functional and/or aesthetic value. The large front lounge includes access to the shop and has a gas heater (installed in the old fireplace) and A/C wall unit. The bathroom is basic, with a separate toilet located to the rear of the house. The spacious kitchen/dining area has wooden floorboards, gas cooktop and kitchen bench. A sprawling sunroom to the rear overlooks the backyard.
Outdoors, a tiled path leads through the large, rambling backyard filled with trees and shrubbery. A huge garage/workshop that could comfortably accommodate three vehicles. Other features include a rainwater tank and garden shed.
Features include:
• Character home and shop front with original façades
• Shop includes 2 display areas, office, storeroom
• 4 bedrooms, 3 with original fireplaces (non-working)
• 1 bathroom with separate toilet
• Large front lounge with A/C wall unit, gas heater
• Kitchen/dining area with gas cooktop
• Long sunroom at rear of house
• Huge backyard garage/workshop
• Large backyard with trees, shrubs, garden shed
• Rainwater tank
• Large 760m2 block
• Ideal renovation/small business opportunity
This opportunity knocks but once… Call to view today!
Listing description written by Doug Johnston, Southgate Real Estate Moana / McLaren Vale — reproduced as published, not verified by Districts.
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