Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Pennington › Fortisgreen Ave
$955,000
Last sold
4 Nov 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
700 m²
Land
126 m²
Building
Districts View
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
$955,000
4 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Pennington (last 5 years) with land size have a median of $1,282/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Pennington
-0.5%
Median sale
Suburb $960,000
+0.02 pp
Gross yield
Suburb 3.11%
Suburb median $960,000 from 15 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 $575/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
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Property PeopleLocated in one of the suburbs best streets! Amid similar homes and ready for the next family to move in and enjoy!
Circa 1950's, rendered facade, with lovely established front garden that is tucked behind a secure front fence. Generous allotment that measures 716 square metres.
There's good off-street parking plus a lock up garage plus drive through access.
Leading from the front porch and stepping inside to the entry hallway you can instantly feel the homes warmth with polished timber floorboards that feature throughout all main rooms, stained timber skirting boards, lofty ceilings and neutral decor along with quality soft furnishings. The separate lounge room leads from the entry foyer and overlooks the front garden setting, the lounge room adjoins the separate dining room. Together these two rooms are ideal when entertaining and simply relaxing and using daily.
The dining room has dual access door entries, access either from the lounge room or the kitchen. The kitchen has been totally updated, it has ample bench to area for meal preparation and cupboard storage space . A gas upright stove for cooking, a dishwasher + a range-hood. The kitchen has a breakfast bar that adapts for extra dining space, a small table setting is easily accommodated and its position takes advantage of looking out to the rear patio/garden.
Bedrooms one and two are both double in proportion they can accommodate either a queen or a king size bed, both bedrooms have built-in floor to ceiling robes + each has a spilt system air/conditioning unit , there's lots of storage space in this home and another floor to ceiling linen cupboard is positioned in the passage. Bedroom one is extra generous in size, it 's positioned at the front of the home and looks out to the front garden setting, facing South, and capturing lots of natural sunlight keeping this room bright and airy. The renovated fully tiled bathroom is centrally positioned, with a big shower alcove, a vanity + a toilet. Bedroom three is located at the back of the home, a single bedroom and ideal for little ones.
The laundry has been updated with storage cupboards, and a separate toilet is located next to the laundry.
The home has retained is character and the modern improvements undertaken all blend well, making the home extra comfortable to live in.
Out back with a well cared for garden, established trees offering shade in summer, a nice lawn area for children and pets to play, garden beds filled with lush plants and a vegie garden. A large pitched roof patio and decking runs across the back of the home, its slightly elevated so you can sit back and enjoy the surroundings.
The patio is a perfect outdoor entertaining area, BBQ's, parties or somewhere to simply sit back and read a book or just admire the garden. Perimeter fencing is secure and offers great privacy, a tool shed for you gardening tools is positioned near the back fence.
The home has a 6.0 Kilo watt solar system.
Instant gas hot water.
New copper water line.
The immediate location is central to the city and the beach. Shopping with Arndale a short drive away and so too is the St Clair shopping precinct, Port Adelaide or West Lakes is easily accessible. The bus runs off Addison Road, Grand Junction Road and Torrens Road. The train station is located at St Clair.
Schools - Pennington primary, Woodville High school, and Mt Carmel college. Recreation with the local Rosewater football club (Eric Sutton Oval) is an easy walk away.
This property will be offered for sale by public auction on site the 19th of October at 10.30am and bidders' registration from 10.am
Terms and conditions for this auction will be displayed three business day prior to the 19th of October at 685 Port Road Woodville Park and another thirty minutes prior to the auction the 19th of October.
Deposit, the sum off $10,000 dollars is paid the day of auction and the balance will be paid on the 21st day of October 2024.
All information provided has been obtained from sources we believe to be accurate, however, we cannot provide any guarantee and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
Listing description written by Wally Armanios, Harcourts Property People — reproduced as published, not verified by Districts.