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 › Fourth Ave
$893,000
Last sold
20 Mar 2024
3
Bedrooms
1
Bathrooms
4
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
Last sold
$893,000
20 Mar 2024 · derived via latest_sale
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
-20.6%
Median sale
Suburb $1,125,000
+0.69 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
UnknownArea
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 Agency Avenue Real Estate WestNestled in amongst other quality character homes, comes this refurbished c1920's bungalow that is move in ready with limitless potential. Sitting on approximately 812 sqm of expansive land, a dream home extension and renovation await with open arms, ready to accommodate every vision and aspiration.
Whether you're a growing family, keen on a renovation project, or a discerning investor 45 Fourth Avenue presents an enticing prospect not to be missed. Explore the potential, unlock the possibilities, and make your mark on this charming slice of history.
Key Features:
- 3 generous sized bedrooms with hardwood floors and high ceilings. A/C and
robe to main bedroom.
- Neatly upgraded kitchen with pantry, bench and draw space.
- Comfortable size family room with beautiful fireplace, airconditioned and
offers potential for expansion with the kitchen.
- Main bathroom is in good condition and features a bath, shower, and toilet.
- Sunlit study/home office at the rear of the home, which offers potential for
extension.
- Outdoor entertaining overlooking a well-kept large rear yard, a blank canvas
with so much potential and fantastic area for growing kids.
- Large tool shed, great for outdoor storage.
- Drive through driveway along the right side of the home, parking for the whole
family and then some.
Embrace all the character, quality and convenience Cheltenham offers, a family friendly suburb less than 10kms to the city and under 7km to Semaphore Beach. West Lakes Westfield Shopping Centre for all your retail needs, enjoy a coffee and brekkie from Rival Brothers or Any Given Sunday, a handy 5-minute trip to Bunnings during renovation time and catch a train into the city via upgraded Cheltenham Station.
Listing description written by Mladen Djuric, Agency Avenue Real Estate West — 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.