Newton at a glance
5,488
People
$1,062,500
Median sale
$598/wk
Median rent
2.93%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
SA › Newton › Lomman Ave
$740,000
Last sold
16 Sept 2023
3
Bedrooms
1
Bathrooms
6
Car spaces
660 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
$740,000
16 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Newton (last 5 years) with land size have a median of $1,797/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Newton at a glance
5,488
People
$1,062,500
Median sale
$598/wk
Median rent
2.93%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Newton
-30.4%
Median sale
Suburb $1,062,500
+1.27 pp
Gross yield
Suburb 2.93%
Suburb median $1,062,500 from 22 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 $598/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
Newton at a glance
5,488
People
$1,062,500
Median sale
$598/wk
Median rent
2.93%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Real Simple Real EstateWe are proud to welcome this rare opportunity to secure a tidy home on a large piece of land in a desirable suburb. This classic brick home is neat and tidy throughout and offers a comfortable living space while also presenting an excellent opportunity for live-in as-is or renovation or rebuild. Positioned on a large 660m2 allotment with 21.4m approx frontage with subdivision potential, endless possibilities await.
Welcome home to Lomman Avenue, nestled in the heart of Newton and just moments away from various shopping, parks and schools. With three well-sized bedrooms, a light and bright lounge room, and a recently renovated open-plan kitchen/meals area, this home has great bones to make it yours. The bathroom does require some TLC. However, there is a brand new separate toilet w/c.
The large backyard offers abundant space with so much room for outdoor activities. The expansive verandah is ideal for entertaining families, while the spacious lawn area is perfect for kids to play or pets to roam freely. There is plenty of room to park cars, and a large detached garage provides ample space to keep your cars and belongings organized and easily accessible; this could also be easily renovated to create an outside granny flat or rumpus.
If you're a nature lover, you'll enjoy the proximity of Denis Morrisey Park and Horwood Avenue Reserve, less than a 10-minute walk away, offering the perfect spot for Sunday picnics and leisurely walks.
Your shopping needs are also well catered to, with Newton Central and Newton Village a short 4-minute drive away, ensuring that everything you desire is conveniently within reach. And when you don't feel like cooking, walk 4 minutes around the corner to Chillies Indian Cuisine and 88 Eatery for a delicious meal. Plus, the city centre is just an 11km drive, offering an ideal blend of tranquillity and convenience.
With its enviable location and abundant potential, this property represents an excellent renovation, investment, or development opportunity that is not to be missed.
Check me out;
- Torrens Title, 1960 built
- The land size of 660 sqm* approx and 21.4m* approx frontage (subdividable)
- Three spacious bedrooms
- Open plan kitchen/dining area
- Modern and stylish kitchen
- New roof with solar
- Ample car parking
- Large undercover verandah
- Expansive backyard
- Superb location, minutes from Newton Central
- Great schooling options nearby, including Thorndon Park Primary School, Stradbroke Primary School and Rostrevor College
Listing description written by Karina Highman, Real Simple 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.