Klemzig at a glance
6,627
People
$1,027,500
Median sale
$592/wk
Median rent
3.00%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
$1,195,000–$1,225,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
1
Car spaces
819 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
Asking
$1,195,000–$1,225,000
Asking range · $1,459/m² of land
No recorded sale for this property.
Klemzig at a glance
6,627
People
$1,027,500
Median sale
$592/wk
Median rent
3.00%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Klemzig
+16.3%
Median sale
Suburb $1,027,500
-0.42 pp
Gross yield
Suburb 3.00%
Suburb median $1,027,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$75,683 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Klemzig's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $592/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.
Gross yield if leased at the suburb aggregate is 2.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Klemzig at a glance
6,627
People
$1,027,500
Median sale
$592/wk
Median rent
3.00%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ProspectCalling all tradies, motor-enthusiasts, collectors, and renovators with vision. This impressive three-bedroom Klemzig home arrives with a 95-square-metre (approx.) commercial-grade workshop in the rear, just 7kms from the Adelaide CBD, with the kind of versatile infrastructure and verdant land vacancy rarely seen this close to the city!
The home itself sits at the front of the block; a tidy, single-level property finished in cottage style weatherboards with low log fencing across the front boundary line and a low fuss front garden with lawn and garden beds.
Inside, a front lounge flows through to a separate casual meals area all wrapped in the same warm timber-look flooring and leading to the L-shaped kitchen. Cream melamine cabinetry, a curved-edge, soft blossom Pink benchtop and simple appliances make the space functional, while offering an easy layout for customisation or future renovation.
The three bedrooms run along the right hand side of the home, with the master at the rear fitted with a built-in robe and a split system A/C. Shared access to a tidy main bathroom and a separate WC is direct from all bedrooms, while the internal laundry provides access to the spacious rear yard where the abundant land becomes truly obvious.
Outside, a 14m long verandah spans the entire width of the property with not minimal greenery besides a simple lawn reaching from fence to fence. At the rear, a fully enclosed 95sqm (approx.) steel-frame workshop with sliding door entry, a full-length concrete slab, mechanic's inspection pit and a generous 24sqm mezzanine for additional dry storage above is the ideal space for those needing vehicle, boat or caravan storage or buyers seeking a homebased workshop due to its capacity to comfortably accommodate 4-6 vehicles.
With its low fuss, minimalistic interiors, generous land holding and serious workshop infrastructure, 5 Reece Avenue offers an unusually capable proposition in a tightly held inner-northern pocket, equally well-suited to tradespeople, collectors or even renovators with vision on a huge block!
Additional Features:
• Large 819 Allotment (approx.)
• Reverse-cycle split-system air conditioning to the main family living zone
• Ceiling fan and downlight combination to the family living zone
• Split system A/C in living room
• Roller-blind window furnishings to the kitchen
• Cream Colorbond perimeter fencing enclosing the rear yard
• Gravel side driveway providing direct vehicle access from the street to the workshop
• Detached 8sqm garden shed for additional outdoor storage
• Easy access to Lower North East Road and OG Road for a swift commute into the Adelaide CBD
• Walking distance to the Linear Park trail and the River Torrens reserve system
• Central to Northpark Shopping Centre, Marden Shopping Centre and the Walkerville village precinct
• Nearby schools include: East Marden Primary School, Klemzig Primary School, Felixstow Community School, Open Access College, Marden Senior College, Windsor Gardens Vocational College, Charles Campbell College, Cedar College
Disclaimer: Please note that all information provided for this property was obtained from sources we believe to be accurate. However, we cannot guarantee the information's accuracy and accept no liability for any errors or omissions, including (but not limited to) the property's land size, floor plans, dimensions, building size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice. As much as we aim to have all details represented within this advertisement to be true and correct, it is the buyer's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
Listing description written by Stefan Siciliano, Ray White Prospect — reproduced as published, not verified by Districts.