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 › Verona Ave
$875,000
Last sold
15 Nov 2023
3
Bedrooms
2
Bathrooms
1
Car spaces
605 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
$875,000
15 Nov 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
-17.6%
Median sale
Suburb $1,062,500
+0.62 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
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
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 Harris Real Estate Kent TownImpressively maintained mid-century nostalgia aside, 5 Verona Avenue displays a spacious footprint ideal for those thrilled with the thought of renovating a future family home in one of the most sought-after areas of Adelaide's picture-perfect north-east.
A remarkable and forward-thinking canvas ready to be brought blooming into beautiful modern standings, you'll find the free-flowing formal lounge and dining an airy opportunity to relax with family or entertain friends with complete ease, before a generous combined kitchen and living area create a delightful hub to gaze and graze across the bench top bar as the chef's zone invites fun-filled cooking with company.
Glass sliders here open the home right up for effortless indoor-outdoor entertaining too, as an all-weather alfresco is primed for sunny mornings, delicious barbeques lunches and balmy evening get-togethers. With an outdoor rumpus as well offering plenty of places to entertain, this is a surprising base eager to be updated and transformed.
Together with three spacious bedrooms, all with built-ins, a master featuring private ensuite, large main bathroom and laundry, and sizable solar system – there's tremendous scope to revitalise here. Set on a tempting 636m2 allotment too, the consideration, now or later, to redesign from the ground up will also pique the interest of developers and families alike looking to build the home of their dreams (STCC).
With convenience in spades, planting your feet just a short stroll from Thorndon Park Primary, Newton Village and a raft of leafy reserves delivers a lifestyle of everyday ease and adventure. Not to mention moments to the vibrant Newton Central and its slew of cafés and delicious specialty stores adds more great shopping options, while Black Hill and Morialta Conservation Park make a scenic backdrop to this iconic locale.
Features you'll love:
− Excellently maintained original property on a 636m2 (approx.) allotment inviting interior renovation and updating, or a sought-after redesign and rebuild opportunity (subject to council conditions)
− Spacious formal dining and lounge, and lovely open-plan kitchen and living zone delivering fantastic everyday entertaining space
− Generous timber-clad kitchen with abundant cabinetry and cupboards, good bench top space to serve and socialise, and stainless appliances including dishwasher
− Ample-sized master bedroom featuring WIR and large ensuite
− 2 additional double bedrooms, both with BIRs
− Large main bathroom with separate shower and bath, family-friendly laundry and solar system for lower energy bills
− Fantastic proximity to Newton Village for all your daily essentials, leafy parks and reserves, and walking distance to Thorndon Park Primary
− Moments to Black Hill and Morialta Conservation Park for endless weekend adventure
− A quick 5-minutes to Newton Central & Target for more great shopping options, and still just 9km to Adelaide CBD
Specifications:
CT / 5482/577
Council / Campbelltown
Zoning / GN
Built / 1984
Land / 605m2
Frontage / 20.84m
Council Rates / $1,990.10pa (approx)
Emergency Services Levy / $175.75pa (approx)
SA Water / $203.10pq (approx)
Estimated rental assessment / $540 to $570 per week / Written rental assessment can be provided upon request
Nearby Schools / Thorndon Park P.S, East Torrens P.S, Charles Campbell College, Paradise P.S
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Tom Hector, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.