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SA › Westbourne Park › Richmond Rd

49 Richmond Rd, Westbourne Park SA 5041

House

$2,099,000

Last sold

2 Mar 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

835 m²

Land

338 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 $2,099,000 (2 Mar 2024).(Recorded sale)
  • CalculationRecorded House sales in Westbourne Park (last 5 years) with land size: median $2,094/m² of land (n=42). 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

$2,099,000

2 Mar 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Westbourne Park (last 5 years) with land size have a median of $2,094/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Westbourne Park at a glance

2,569

People

$2,675,000

Median sale

$580/wk

Median rent

1.13%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Westbourne Park report →

Vs Westbourne Park

-21.5%

Median sale

Suburb $2,675,000

+0.31 pp

Gross yield

Suburb 1.13%

Suburb median $2,675,000 from 6 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

201620202024$1.27m$2.1m
  • Sold (recorded)
  1. Sold$2,099,0002 Mar 2024
  2. Listedprice unknowncompleted14 Feb 2024
  3. Sold$1,275,00016 July 2016
  4. Listedprice unknowncompleted29 June 2016

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 $580/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

Westbourne Park in one glance

Westbourne Park at a glance

2,569

People

$2,675,000

Median sale

$580/wk

Median rent

1.13%

Suburb gross yield

Median sale from 6 recorded sales (last 12 months) — a Districts calculation.

See the full Westbourne Park report →

Keep researching

  • Why Westbourne Park? Read the area thesis →
  • What else is on the market in Westbourne Park →
  • Other records on Richmond Rd →

Listing material

Listed by OC

The ultimate family statement

Auction Sat, 2nd Mar -1pm (usp)

The character and charm that only passing time can create meets an ultra-modern rear addition, worthy of its huge south-north parcel and prestigious position on arguably Westbourne Park's best street…

Welcome to 49 Richmond Road; the C1905 Return Verandah Villa that captivates from its stone-laden start, spreads its wings further than most and makes the ultimate entertainer's statement, all on the leafy doorstep of Unley Park and the CBD beyond .

Read the full description

Light floods through the expansive addition, washing over every corner of its classy open-plan kitchen and ushering you through the cedar bi-fold doors, that blur the lines between the family room and alfresco patio. Soaring decorative ceilings, polished timber floors, ornate fireplaces, lead light windows and gorgeous plantation shutters feature prominently and make the villa something to savour for the period architecture purists. It's a combination that will have you itching to entertain across every season in, and around, this impeccably presented original home.

The daily routine will feel easier than ever before near the likes of Mitcham Square and Cumberland Park shopping precincts, esteemed schools and colleges, parks/reserves and cosmopolitan King William Road. It doesn't get much better than this.

- Resplendent character villa with beautiful street presence and a prized south-north orientation

- Placed on one of Westbourne Park's quietest and leafiest streets

- Extensive periodic updates and architectural rear addition make it the finished article for a growing family

- Starring open-plan kitchen with double ovens, stone benchtops, breakfast bar and bundles of storage

- Lock-up carport plus additional off-street parking for a fleet of cars

- Ducted r/c and gas log fire for year round comfort

- Sleek wet areas, including large main bathroom with travertine feature tiling

- Alfresco patio and outdoor kitchen BBQ zone

- Storage includes walk-in robe to main bedroom

- Three phase power

- Cubby house and expansive lawned area to fully landscaped rear yard

- Walking distance from public transport

- Moments from Cabra Dominican College and Westbourne Park Primary School

Certificate of Title - 5695/491

Council – Mitcham

Zoning – EN - Established Neighbourhood

Year Built - 1926

Land Size - 840m2

Total Build area - 338sqm

Council Rates - $3,945.85 pa

SA Water Rates - $338.99 pq

Emergency Services Levy – $310.80 pa

All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.

OUWENS CASSERLY – MAKE IT HAPPEN™

RLA 275 403

Listing description written by Amity Dry, OC — reproduced as published, not verified by Districts.

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.