Glengowrie at a glance
6,190
People
$1,300,000
Median sale
$582/wk
Median rent
2.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
SA › Glengowrie › Riesling Ave
3
Bedrooms
2
Bathrooms
3
Car spaces
348 m²
Land
155 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Glengowrie (last 5 years) with land size have a median of $2,751/m² of land (n=99). Districts calculation from recorded sales — not a valuation.
Glengowrie at a glance
6,190
People
$1,300,000
Median sale
$582/wk
Median rent
2.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
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 $582/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
Glengowrie at a glance
6,190
People
$1,300,000
Median sale
$582/wk
Median rent
2.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgIntroducing 5 Riesling Avenue, a stylish and inviting family haven nestled just a short distance away from the serene shores of Somerton Park Beach. Boasting three bedrooms, this semi-detached gem offers the perfect blend of comfort and convenience, making it an ideal retreat for those seeking a coastal lifestyle.
Upon arrival, you'll be greeted by a meticulously maintained front yard, exuding charm and curb appeal while requiring minimal upkeep. Stepping inside, a welcoming hallway beckons you towards the heart of the home - an expansive open-plan living and dining area, thoughtfully designed to be a sanctuary for relaxation and quality family time.
The modern kitchen is sure to impress, featuring sleek stainless steel appliances, a generous breakfast bar, a convenient gas stovetop, and ample cupboard space for all your culinary essentials.
Three generously proportioned bedrooms each offer their own unique blend of comfort and functionality. The master bedroom boasts a luxurious walk-in robe and a private ensuite, providing a peaceful retreat at the end of a long day. Bedrooms two and three are equally well-appointed, both featuring built-in robes for added convenience, and are serviced by a central bathroom complete with a deep bathtub and separate shower.
Step outside to discover a private rear yard, complete with an undercover entertaining area - the perfect setting for alfresco dining and hosting gatherings with loved ones. A lush grassed area provides plenty of space for children to play, ensuring endless hours of outdoor enjoyment for the whole family.
Additional features of this property include ducted reverse cycle air conditioning throughout, ensuring year-round comfort, and a single garage for secure parking and additional storage. The home also boasts a recently renovated laundry, perfect for the growing family.
Conveniently located just a short drive from Park Holme Shopping Centre, residents will enjoy easy access to an array of essential amenities, while nearby attractions such as the Oaklands Wetlands Reserve and Marion Outdoor Pool offer endless opportunities for outdoor recreation and leisure. For those who crave the excitement of city living, the Glengowrie Tramline stop is just minutes away, providing effortless access to the CBD and Glenelg. Families will appreciate the convenient zoning to Glenelg Primary School and proximity to other esteemed schools such as Sacred Heart College, Immanuel College, and Westminster School.
What we Love:
• Semi-detached home fit for a coastal lifestyle
• Meticulously maintained front yard
• Expansive open-plan living and dining area
• Modern kitchen with stainless steel appliances and generous breakfast bar
• Luxurious master bedroom with walk-in robe and ensuite
• Built-in robes in bedrooms two and three
• Solar System for reduced bills
• Central bathroom with deep bathtub and separate shower
• Private rear yard with undercover entertaining area
• Lush grassed area for outdoor enjoyment
• Ducted reverse cycle air conditioning throughout
• Single garage for secure parking and storage
• Short drive to Park Holme Shopping Centre
• Proximity to Oaklands Wetlands Reserve and Marion Outdoor Pool
• Easy access to Glengowrie Tramline stop
• Zoning to Glenelg Primary School
• Close to esteemed schools such as Sacred Heart College, Immanuel College, and Westminster School
Auction: Saturday, 13th April 2024 at 11:00am (unless sold prior)
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
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 printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at 742 Anzac Highway, Glenelg, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
Listing description written by Christopher Jenman, Ray White Glenelg — 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.