Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Athelstone › Schulze Rd
$860,000
Last sold
2 June 2025
3
Bedrooms
2
Bathrooms
1
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
$860,000
2 June 2025 · derived via latest_sale
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Athelstone
-24.6%
Median sale
Suburb $1,140,000
+0.92 pp
Gross yield
Suburb 2.83%
Suburb median $1,140,000 from 35 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 $620/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
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property NorwoodExperience the ideal blend of style, comfort, and convenience at 47 Schulze Road, Athelstone. This newly constructed home presents an outstanding opportunity for first-time buyers, with the added advantage of no stamp duty to pay.
Enter into bright, airy interiors that radiate elegance. The home boasts three generously sized bedrooms, including a master suite with an ensuite, along with two stunning bathrooms featuring floor-to-ceiling tiling, sleek flat black tapware, rainhead showers, and LED mirrors.
The open-plan living areas are crafted for both comfort and entertainment, showcasing impressive 2.7m to 3m ceilings with sophisticated recessed bulkheads. At the center of the home is the gourmet kitchen, featuring SMEG appliances, luxurious stone countertops, modern cabinetry with soft-close mechanisms, stylish pendant lighting, and a walk-in pantry-creating the perfect space for cooking and entertaining.
Tucked away in a leafy neighbourhood across from a charming park, this home is surrounded by reserves, providing a peaceful lifestyle. It's also conveniently located near local amenities, including Athelstone Shopping Centre and Athelstone Football Club.
Embrace modern living in a location that offers everything you need. This Athelstone gem is ready to welcome you to a lifestyle of comfort, style, and endless possibilities.
- Brand new Torrens Title built home
- First home buyers have no stamp duty payable
- Generous 2.7m to 3m ceilings with recessed bulkheads
- Open plan living with a separate study/office
- Chef's kitchen with SMEG appliances, stone countertops, modern cabinetry, elegant pendant lighting, and a walk-in pantry
- Three spacious bedrooms, including a master suite with own ensuite
- Luxury carpets in all three bedrooms with floating timber laminate flooring in living spaces
- Ducted reverse cycle air conditioning throughout
- Two opulent bathrooms featuring floor-to-ceiling tiling and LED mirrors
- Tiled alfresco space with mains gas, stone benchtop, tile flooring, recessed sink
- Single car garage with auto panel lift door, with both rear and direct access
- Close to Athelstone Shopping Centre
- Short drive to Thorndon Park Reserve and Black Hill Conservation Park
- Zoned for Athelstone Preschool and Charles Campbell College
- Nearby premium schools: St Ignatius' College, Athelstone Primary School, and Stradbroke Primary School
*** Disclaimer: While all information has been sourced from what we consider reliable providers, we cannot guarantee its accuracy and disclaim liability for any errors or omissions (including but not limited to land size, floor plans, building age, or condition). Prospective buyers are encouraged to conduct their own investigations and seek independent legal advice. ***
RLA 285309
Listing description written by Sam Tanzid, Belle Property Norwood — reproduced as published, not verified by Districts.