Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
SA › Tea Tree Gully › Newman Ave
5
Bedrooms
2
Bathrooms
4
Car spaces
849 m²
Land
313 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,139/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
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 $582/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
Tea Tree Gully at a glance
3,804
People
$872,500
Median sale
$582/wk
Median rent
3.47%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MichaelKris Real EstateThis extensively renovated nine room residence comprising five bedrooms and showcases exceptional living and entertaining areas both inside and out.
The 849 sqm allotment and abundance of living space will readily accommodate a growing family with children of all ages. The unique and versatile design provides plenty of room for fun, areas to congregate and enjoy each other's company or intimate places to relax in peace and quiet.
Notable internal features include a well equipped modern kitchen with dual oven and two dishwashers, the wet bar services the games room and includes a dishwasher and fridge provision. The spa bathroom and 3rd shower accompany the ground floor bedrooms while the main bedroom located on the upper level includes an ensuite, walk-in robe and private balcony.
The double carport and substantial shedding provides excellent parking number and secure storage for all the big boys toys. In addition there's a separate studio workshop for the home hobbyist, artists, potential to convert to a home office or utilise as a secondary storage option. There's also valuable dual street access from Sandra Avenue.
Surrounded by a mix of quality established homes and new construction in a popular foothills location within walking distance to public transport, schools, cafes, St Agnes Shopping Centre and a 5 minute drive or bus ride to Tea Tree Plaza and the O-Bahn interchange. Additionally for those with a passion for the outdoors, the scenic Anstey Hill Recreation Park and Angove Park Conservation reserve are in the immediate area providing a well balanced lifestyle location for all to enjoy.
A rare and unique offering that's sure to excite the whole family. Inspection is highly recommended.
Features:
-Substantially renovated in 2019
-5 bedroom design
-3 separate living areas
-Well equipped modern kitchen with a 5 burner gas stove, 2 x side by side ovens, 2 dishwashers & pantry
-Upper level main bedroom with ensuite, walk-in robe and private balcony
-Spa bathroom, separate 3rd shower
-Built-in robe to bedroom 2, walk-in robe to bedroom 5
-2.7 metre high ceiling to the ground floor
-3.3 metre high ceiling to the 9 metre x 7.5 metre games room with wet bar, includes dishwasher and fridge provision
-Ducted cooling
-Split system reverse cycle air-conditioning x 4
-Gas heating x 2
-Ceiling fans
-Abundance of storage throughout the entire home
-Modern L.E.D. energy efficient lighting
-1.5Kw solar system
-Security system
-Paved rear verandah, 2nd rear verandah + tiled front verandah/alfresco
-Undercover parking for up to 4 vehicles
-Double width carport adjoins the double width garaging with automatic panel lift door (2.7 metre high clearance)
-Excellent off street parking secured by an automatic front sliding gate
-Dual access via double gates from Sandra Avenue
Year built: 1962, extensively renovated (2019)
Land size: 849 sqm (approximate)
Dwelling size: 313 sqm (approximate)
Council: City of Tea Tree Gully
Council rates: TBA
Matthew Lee
Michaelkris Real Estate
RLA 212749
Listing description written by Matthew Lee, MichaelKris Real Estate — 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.