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SA › Old Reynella › Corn St

5 Corn St, Old Reynella SA 5161

House

$755,000

Last sold

17 Oct 2024

3

Bedrooms

1

Bathrooms

3

Car spaces

637 m²

Land

147 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 $755,000 (17 Oct 2024).(Recorded sale)
  • CalculationLand 637 m² against a 147 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Old Reynella (last 5 years) with land size: median $1,226/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$755,000

17 Oct 2024 · derived via latest_sale

Local land rate: recorded House sales in Old Reynella (last 5 years) with land size have a median of $1,226/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Old Reynella at a glance

3,869

People

$912,000

Median sale

$595/wk

Median rent

3.39%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Old Reynella report →

Vs Old Reynella

-17.2%

Median sale

Suburb $912,000

+0.71 pp

Gross yield

Suburb 3.39%

Suburb median $912,000 from 11 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. Sold$755,00017 Oct 2024
  2. Listedprice unknowncompleted7 Sept 2024

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 $595/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

Old Reynella in one glance

Old Reynella at a glance

3,869

People

$912,000

Median sale

$595/wk

Median rent

3.39%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Old Reynella report →

Keep researching

  • Why Old Reynella? Read the area thesis →
  • What else is on the market in Old Reynella →
  • Other records on Corn St →

Listing material

Listed by Magain Real Estate

SOLD BY ROBBIE LEIGH AND LEVI SAKKAS

Please contact Robbie Leigh or Levi Sakkas from Magain Real Estate for all your property advice.

A rare opportunity to secure this heritage listed, fully renovated and charming family home nestled in the heart of the historic Old Reynella Township is on offer.

You can't buy properties like this one every day...

Read the full description

Peacefully and perfectly positioned on a generous 637m2 allotment, this special home offers an impressive balance of convenience, comfort and functionality. You will be impressed with how well updated this home is, whilst still maintaining it's historic warmth and charm.

Boasting three bedrooms, main bedroom with reverse cycle heating/cooling and family bathroom with an abundance of natural light. Living/lounge area with fireplace, family dining and delightful kitchen with plenty of bench space and Storage. keep the temperature in the home perfect all year round with reverse cycle heating/cooling.

Enjoy sitting out on the back deck with outdoor undercover entertaining that overlooks the established gardens and grow your own produce in the many garden beds available. There is also a convenient amount of parking space with an undercover carport with through access to a powered concrete base double car garage. you will be pleased with all the features and benefits this wonderful dwelling has to offer.

Further Details and Highlights:

- Fully Renovated Throughout

- Rare Location Opportunity

- Peaceful and quiet

- Walking Distance to Shops/Public Transport

- Generous 637m2 Block

- 3 Bedrooms (Bed 2 BIR)

- Main Bed (Reverse Cycle A/C)

- Family Bathroom (Bath and Shower)

- Spacious Kitchen with Generous Storage

- Dining area

- Reverse Cycle Heating/Cooling

- Main Living/Lounge with Fire Place

- Deck Undercover Outdoor Entertaining

- Large Concrete base, Powered Double Car Garage/Shed (6.2m x 6.1m)

- Additional Undercover Carport

- Laundry

- All Wiring updated 2021

- Established Garden and Garden Beds

- Lawn Area

- Nearby Walking and Bike Trails

- Council Rates $1877 Per Year

- Water Rates $184.Per Quarter plus usage

- Zone / Sub zone - TN - Township Neighbourhood

A rare opportunity to secure a charming home in the heart of the historic Old Reynella township. Only Walking distance to, Romeos Food Land, eateries, cafes, parks & playgrounds.

Enjoy the convenience of close by quality schools, transport hubs, bus routes and the Southern Expressway will get you quickly into the Adelaide CBD. Only a short drive to Marion Shopping Centre, Flinders University, Flinders Medical Centre, and the local wine region of McLaren Vale.

Properties of this quality in this piece of township don't come by very often, so be quick not to miss...

We look forward to seeing you at the open inspection soon!

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate, and details intended to be relied upon should be independently verified.

RLA222182

Listing description written by Robbie Leigh, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.