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SA › Pennington › Fortisgreen Ave

5 Fortisgreen Ave, Pennington SA 5013

House

$955,000

Last sold

4 Nov 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

700 m²

Land

126 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 $955,000 (4 Nov 2024).(Recorded sale)
  • CalculationLand 700 m² against a 126 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Pennington (last 5 years) with land size: median $1,282/m² of land (n=39). 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

$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.

See the full Pennington report →

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 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$955,0004 Nov 2024
  2. Listedprice unknowncompleted2 Oct 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 $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.

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

Pennington in one glance

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.

See the full Pennington report →

Keep researching

  • Why Pennington? Read the area thesis →
  • What else is on the market in Pennington →
  • Other records on Fortisgreen Ave →

Listing material

Listed by Harcourts Property People

A tastefully renovated home capturing your attention immediately with it's inviting street appeal.

Located 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.

Read the full description

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.

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.