Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
$1,021,658
Last sold
7 Sept 2024
2
Bedrooms
1
Bathrooms
1
Car spaces
697 m²
Land
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
$1,021,658
7 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Vale Park (last 5 years) with land size have a median of $1,957/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Vale Park
-23.8%
Median sale
Suburb $1,340,000
+0.78 pp
Gross yield
Suburb 2.48%
Suburb median $1,340,000 from 11 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 $640/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
Vale Park at a glance
2,529
People
$1,340,000
Median sale
$640/wk
Median rent
2.48%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eclipse Real EstateSay hello to a fantastic opportunity to secure a tidy home in a prestigious blue-chip suburb. Whether you're ready to move in immediately or explore exciting possibilities for renovation, subdivision, or development, this opportunity is for you.
Welcome home to 5 George Street, nestled in the coveted Vale Park, a highly desirable area with top-notch amenities at your doorstep.
Step inside and be greeted by a charming front lounge, complete with plush carpeting and a large window that floods the space with natural light. Continue into the open-plan kitchen and dining area, a warm and inviting space perfect for gathering with friends and family. The kitchen features ample storage, well-maintained cabinetry, and a tiled backsplash, with a generous window above the sink that brightens the area.
The home offers two bedrooms, one with a built-in robe, and a well-appointed bathroom with a built-in bath and separate toilet, providing all the essentials for comfortable living.
For developers, this property is a no-brainer. With the potential to knock down and develop multiple homes on this sizeable lot, the possibilities are undeniable.
Needless to say, the location is more than ideal. Tucked in the heart of Vale Park, you'll discover that everything you need is practically on your doorstep. Within a stone's throw, you'll find Walkerville Terrace, one of Adelaide's premier precincts, offering an abundance of brunch, lunch, and dinner options. Additionally, you're just a short walk to Linear Park, as well as Hamilton Reserve and several highly regarded schools.
Here's your opportunity to secure a tidy home on a substantial 697 sqm* parcel of land in the prestigious Vale Park. Whether you're looking to move in right away or explore its renovation, sub-division, development, or investment potential, this opportunity is not to be missed.
Check me out:
– Torrens Title, 1955 built
– Generous 697 sqm* allotment
– Two bedrooms, one with built-in storage
– Formal lounge room
– Open plan kitchen and meals area
– Well maintained kitchen with abundant storage, wooden cabinetry and tiled backsplash
– Well appointed bathroom with build in storage, bath and 3/4 tiled walls
– Enormous backyard presenting an exciting blank canvas
– Alfresco undercover entertaining area
– Two garden sheds
– Single carport
– And so much more…
Specifications:
CT // 5673/929
Built // 1955
Land // 697 sqm*
Home // 129 sqm*
Council // City of Walkerville
Nearby Schools // Vale Park Primary School, East Marden Primary School, Wilderness School, East Adelaide School
On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.
Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Aidan Anthony – 0423 319 554
aidana@eclipserealestate.com.au
RLA 277 085
Listing description written by Aidan Anthony, Eclipse Real Estate — reproduced as published, not verified by Districts.