Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Forestville › Second Ave
$740,000
Last sold
17 Oct 2020
4
Bedrooms
2
Bathrooms
3
Car spaces
768 m²
Land
171 m²
Building
Districts View
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
17 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Forestville (last 5 years) with land size have a median of $2,570/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Forestville
-57.4%
Median sale
Suburb $1,738,850
+2.21 pp
Gross yield
Suburb 1.63%
Suburb median $1,738,850 from 8 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 $546/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
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgWelcome to 5 Second Avenue, a unique opportunity to purchase a 4 bedroom family home in the highly sought-after suburb of Forestville. Offering unparalleled convenience, close to Adelaide CBD with an array of public transport options close by and less than 1 minute walk to the former Le Cornu site, which is currently under development to become a vibrant retail and residential community.
Set on a rare 766sqm (approx.) allotment, this property requires significant renovations (STCC), presenting an ideal opportunity to bring your vision to life or redevelop and embark on your next project (STCC).
Step into a character home with floorboards and high ceilings which create a warm and inviting atmosphere. The spacious living room at the front of the home includes a fireplace, perfect for cosy evenings and relaxation. The kitchen is complete with gas cooking, dishwasher, plenty of cupboard storage and a walk in pantry. A spacious dining room is adjacent to the kitchen which opens to an additional large family room with plenty of natural light provided by timber windows and french doors overlooking the private rear yard.
The home offers four generously sized bedrooms, each providing ample space to personalise and create your own retreat. The main bathroom is centrally located, featuring stylish black and white tiling, a bathtub, and a separate shower. An additional bathroom at the rear of the home includes a shower, offering added convenience for the family.
The expansive grassed area in the backyard is well-maintained and offers plenty of room for children and pets to play. A standout feature is the half basketball court, providing endless fun for the family. Additionally, a large shed offers plenty of storage space.
Additional features of this home include ceiling fans in each of the four bedrooms and off-street parking for up to three cars.
This property boasts an exceptional location. Public transport is easily accessible with tram and railway lines providing direct routes to the CBD, picturesque coastal beaches, and Glenelg's Jetty Road. Kurralta Central offers convenient access to daily essentials, while the Adelaide Showground Farmers Market provides an ideal Sunday morning outing. For medical needs, Ashford Hospital is just moments away. An exciting future prospect is the redevelopment of the former Le Cornu Site, soon to become a distinctive retail and residential community space. More details can be found here: https://renewalsa.sa.gov.au/projects/forestville .
Families will appreciate the zoning to schools like Adelaide High School and Adelaide Botanic High School, along with the proximity to Goodwood Primary School and Richmond Primary School.
This Forestville family home is not just a property; it's a lifestyle offering comfort, convenience, and plenty of space for a growing family. Don't miss this rare opportunity to make it your own!
What we Love:
• Located on a large 766sqm (approx.) block
• Multiple living spaces
• Kitchen with gas stovetop, dishwasher and walk in pantry
• Four large bedrooms, each with ceiling fans
• Second bathroom at the rear with shower
• Large undercover pergola area for outdoor entertaining
• Expansive, well-maintained grassed backyard
• Half basketball court
• Large shed for outdoor storage
• Off-street parking for up to three cars
• Convenient public transport options to CBD and coastal beaches
• Nearby Glenelg's Jetty Road with cafes, restaurants, and shops
• Short walk to former Le Cornu site, soon to become a unique retail and community space
• Near Adelaide Showground Farmers Market
• Zoned to Adelaide High School and Adelaide Botanic High School
Auction: Saturday, 6th July 2024 at 12.00pm
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 411 Brighton Road, Brighton, 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 Adam Keane, 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.