Malvern at a glance
2,766
People
$2,260,000
Median sale
$602/wk
Median rent
1.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › Malvern › Cremorne St
$1,055,000
Last sold
28 Oct 2017
3
Bedrooms
2
Bathrooms
2
Car spaces
719 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
$1,055,000
28 Oct 2017 · derived via latest_sale
Local land rate: recorded House sales in Malvern (last 5 years) with land size have a median of $2,932/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Malvern at a glance
2,766
People
$2,260,000
Median sale
$602/wk
Median rent
1.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Malvern
-53.3%
Median sale
Suburb $2,260,000
+1.58 pp
Gross yield
Suburb 1.39%
Suburb median $2,260,000 from 7 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 $602/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
Malvern at a glance
2,766
People
$2,260,000
Median sale
$602/wk
Median rent
1.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownFrom the intricate ceiling decorations to the swing that hangs from the towering willow at its rear, it's the little things in this big bungalow that make all the difference on your prized 720sqm (approx.) block, mere moments from the CBD.
The beautiful bungalow is no stranger to Malvern. And this time, it comes with an extension and a separate retreat that puts the icing on a home with up to four bedrooms.
Pine floors, 3.2m-high ceilings, fireplaces, decorative timber, robust architraves, a wide hall, loads of natural light and double bedrooms...
They form the unmistakable look and feel that makes the 1920s a golden era and this versatile home as timeless as it is ready for anything the modern family can throw at it.
Customary to the bungalow of this ilk, that wide hall feeds the two biggest rooms at the front of the home; one is your master bedroom, the other your lounge room.
When you first set eyes on the kitchen - boasting an Emilia 900mm oven and Bosch dishwasher - it's immediately clear that room to move never fades.
The extension also includes a slightly raised dining terrace that steps down to a sitting area, bedroom four, bathroom with two-person tub, and a backyard you'd expect on such a big block.
As kids and pets roam free in a yard that ends in that willow, your independence-craving teenager will find freedom of their own in that fully air-conditioned retreat.
As for your elite locale - the one that puts some of Adelaide's best schools and the delights of Duthy Street on your doorstep - it doesn't get much better than Malvern.
More reasons why we love this home:
- Walking distance to Unley Oval and the many boutiques on Unley Road
- Just a 5-minute drive to South Terrace
- Carport with access to lock-up undercover parking
- Large shed and storage room to rear
- Double vanity and heating to bathroom
- Ducted heating and cooling
- Automatic watering
- Loads of bench and cupboard space to kitchen
- Close to a range of quality schools, including Unley Primary and Sunrise Christian Schools, and Scotch and Mercedes Colleges
- And many more
Specifications:
CT / 5258/829
Council / City of Unley
Zoning / RH(C)'SH6
Built / 1920
Land / 719m2
Frontage / 15.24m
Council Rates / $1952.25
SA Water / $259.40
ES Levy / $408.75
The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice. Should this property be scheduled for auction the vendor's statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Listing description written by Kris Casey, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.