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SA › Salisbury North › Horwood Rd

45 & 47 Horwood Rd, Salisbury North SA 5108

For saleHouse

$699,000–$799,000

For sale

Asking range

8

Bedrooms

3

Bathrooms

0

Car spaces

1,234 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000–$799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000–$799,000(Listing record · 25 June 2026)
  • CalculationLand 1,234 m² against a 230 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Salisbury North (last 5 years) with land size: median $1,117/m² of land (n=117). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 0% below the Salisbury North median recorded sale ($700,000, n=77, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Salisbury North's advertised median rent ($532/wk), implied gross yield would be 3.96% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$699,000–$799,000

Asking range · $566/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Salisbury North (last 5 years) with land size have a median of $1,117/m² of land (n=117). Districts calculation from recorded sales — not a valuation.

Salisbury North at a glance

10,914

People

$700,000

Median sale

$532/wk

Median rent

3.95%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Salisbury North report →

Vs Salisbury North

-0.1%

Median sale

Suburb $700,000

+0.01 pp

Gross yield

Suburb 3.95%

Suburb median $700,000 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$699,000
Stamp Duty (South Australia)
$32,275
Transfer/Registration Fee
$7,178
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
$742,153

$43,153 on top of the price (6.2% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
2.46%
Annual cashflow (pre-tax)
$-19,169
Interest cover (DSCR)
0.47
Annual rent
$27,664
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
3.96%

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

  1. Listed$699,000–$799,000available25 June 2026

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 $532/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.

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 4.0%. 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

Salisbury North in one glance

Salisbury North at a glance

10,914

People

$700,000

Median sale

$532/wk

Median rent

3.95%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Salisbury North report →

Keep researching

  • Why Salisbury North? Read the area thesis →
  • What else is on the market in Salisbury North →
  • Other records on Horwood Rd →

Listing material

Listed by REAL Agents & Auctioneers

Can be sold separately

Price Guide for 45 Horwood Road - $699,000 - $749,000

Price Guide for 47 Horwood Road - $749,000 - $799,000

DEVELOPERS Note #43 also for sale.

Read the full description

What an honour to present one of the most exciting opportunities in Adelaide's North, combined with #43 Horwood (also for sale) we have 1700+sqm of flat residential land on offer.

Plans to design a large community lot while keeping all existing homes is available, knock them all down and create your own exciting opportunities or live in one and rent the other.

#45 has a large flexible floorplan.

4 bedrooms with a ginormous master bedroom (must be viewed)

Seperate lounge/living area and huge open plan kitchen, family and meals space that will impress all those lucky enough to view.

Original timber flooring, bathroom and seperate toilet.

#47 WOW!!! What a stunning home, another 4 great sized bedrooms with master having gorgeous ensuite with floor to ceiling tiles.

Brand new Huge gas kitchen that is a must view, incredible open plan living space, offering flexibility and space for the biggest of dining tables, my vendors have created something super special here, L.E.D's throughout, new flooring, window treatments, light fittings and a main bathroom that will also absolutely impress.

Extra Features:

-Front feature bull nose verandahs

-Garden shed

-Under cover entertaining areas.

-3x bathrooms

-3x toilets

-Extra storage

-Easy care established fronts with loads of extra parking spaces

#45 and 47 are on one title and as mentioned #43 is also for sale, please refer to that listing for more information. Live in one while renting the other or rent both or knock em all down and develop, truly this amazing opportunity truly suits many needs.

Ideally located near shops, schools, parks and public transport.

Contact me now to arrange a private viewing or come and view at the next open home. All offers are being presented and it will truly be a huge pleasure to take you through one of the most exciting opportunities around.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

RLA 232366

Listing description written by David Smith, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.

Also look at

Also for sale in Salisbury North

  • 43 Horwood Rd, Salisbury North SA 5108

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  • 25A Elmgrove Rd, Salisbury North SA 5108

    3-bed house for sale. Asking $699K.

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  • 35B Hume St, Salisbury North SA 5108

    4-bed house for sale. Currently listed.

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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.