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SA › Walkley Heights › Magazine Dr

48 Magazine Dr, Walkley Heights SA 5098

House

$590,000

Last sold

1 Apr 2017

5

Bedrooms

2

Bathrooms

2

Car spaces

702 m²

Land

243 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $590,000 (1 Apr 2017).(Recorded sale)
  • CalculationRecorded House sales in Walkley Heights (last 5 years) with land size: median $1,671/m² of land (n=34). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

What this lot has actually traded at

Last sold

$590,000

1 Apr 2017 · derived via latest_sale

Local land rate: recorded House sales in Walkley Heights (last 5 years) with land size have a median of $1,671/m² of land (n=34). Districts calculation from recorded sales — not a valuation.

Walkley Heights at a glance

3,556

People

$1,260,000

Median sale

$629/wk

Median rent

2.60%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Walkley Heights report →

Vs Walkley Heights

-53.2%

Median sale

Suburb $1,260,000

+2.94 pp

Gross yield

Suburb 2.60%

Suburb median $1,260,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Soldprice unknown1 May 2020
  2. Listedprice unknowncompleted16 Mar 2020
  3. Sold$590,0001 Apr 2017
  4. Listedprice unknowncompleted10 Mar 2017

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 $629/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

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

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

Walkley Heights in one glance

Walkley Heights at a glance

3,556

People

$1,260,000

Median sale

$629/wk

Median rent

2.60%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Walkley Heights report →

Keep researching

  • Why Walkley Heights? Read the area thesis →
  • What else is on the market in Walkley Heights →
  • Other records on Magazine Dr →

Listing material

Listed by Ray White Norwood

Grand Low Maintenance, Luxury Living

Due to current government requirements, this property will be available for Private Appointments. Should you wish to view the property please register your interest with the listing agent to be notified of the next upcoming private appointment.

Ideal for the larger family, perfect for executives and professionals and fabulous for those who enjoy entertaining at home, this beautifully presented, 2005 constructed family entertainer offers spacious casual and formal areas across a significant 5 bedroom design that will be sure to please the most fastidious of purchasers.

Crisp ceramic tiles, a bright neutral colour scheme and quality LED downlights flow throughout spacious formal and casual living areas. A generous formal lounge adjacent the entrance will provide a fabulous spot to receive your guests or sit back and enjoy a good movie. A massive casual meals/family room has a modern kitchen overlooking and a generous games room adjacent in an open plan design that typifies today's modern entertainment living.

Read the full description

Cook the family meals in style with a large kitchen offering stainless steel appliances, heaps of bench space, double sink, bay window, walk-in pantry, raised breakfast bar and tiled splashbacks.

Step outdoors and entertain larger groups in style under a generous gabled pergola complete with ceiling fans and built-in speakers. A low maintenance rear yard will ensure more time for your entertainment.

The home offers up to 5 bedrooms, (or 4 plus study). The master suite boasts a bright bay window with plantation shutters, ensuite bathroom and walk-in robe. Bedrooms 2, 3 and 4 all offer built-in robes while security roller shutters ensure a good night sleep.

A double garage with auto panel lift door accommodates the family cars, plus visitor drive-through function for further parking under the pergola.

A wonderful executive family entertainer that is well worth inspection.

Briefly:

* 2005 Constructed family entertainer on generous low maintenance allotment

* Spacious formal lounge with raised bulkhead ceiling and plantation shutters

* Open plan dining, kitchen and adjacent games room

* Kitchen offers stainless steel appliances, heaps of bench space, double sink, bay window, walk-in pantry, raised breakfast bar and tiled splashbacks

* Sliding doors from both family and games room to outdoor living

* High gabled outdoor living pergola with 2x ceiling fans and built-in speakers

* Master bedroom with bay window, plantation shutters, ensuite bathroom and walk-in robe

* Bedrooms 2, 3 & 4 with built-in robes

* Study/bedroom 5 of good proportion

* 3 way main bathroom with open vanity

* Separate laundry with exterior access door

* Double garage with auto panel lift door, plus rear roller door

* 6m x 3m garden shed (insulated, with power)

* Rainwater tank plumbed to the home

* Security roller shutters to all main windows

* Ducted reverse cycle Daikin air-conditioning

* Generous, easy care 702m2 allotment

* Security system installed

* Irrigation system installed

Delightfully located on a quiet street amongst other quality homes. Local schools include Ingle Farm Primary, Northfield Primary, Para Vista Primary, Valley View Secondary, Roma Mitchell Secondary College, St Pauls College and TAFE SA Gilles Plains, with Cedar College and Heritage College also available. The State Sports Park and Dry Creek Linear Reserve will provide outstanding venues for your daily exercise and recreation. The Ingle Farm Shopping Centre, Gepps Cross Lifestyle Shopping Precinct and The Adelaide Produce Market are all accessible for your specialty and weekly shopping. Public transport is close by on RM Williams Drive and Wright Road.

Be sure to inspect at your earliest convenience.

Ray White Norwood are working directly with the current government requirements associated with Private Appointments, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that restrictions on numbers attending any one home are in place and social distancing will be required.

We strongly recommend that if you have recently returned from travel interstate or overseas or are feeling unwell at this time, please contact the listing agent to discuss alternative ways to view or bid at any upcoming auctions and/ or appointments.

Property Details:

Council | Salisbury

Zone | R - Residential

Land | 702sqm (Approx)

House | 356sqm (Approx)

Built | 2005

Council Rates | TBC Per Annum

Water | TBC Per Quarter

ESL | TBC Per Annum

Listing description written by Jann Wilksch, Ray White Norwood — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
Districts

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.