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SA › Old Reynella › Concord Dr

50 Concord Dr, Old Reynella SA 5161

For saleHouse for Sale

$869,000–$889,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

4

Car spaces

566 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $869,000–$889,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $869,000–$889,000(Listing record · 6 Aug 2026)
  • CalculationAsk is 5% below the Old Reynella median recorded sale ($912,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Old Reynella's advertised median rent ($595/wk), implied gross yield would be 3.56% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$869,000–$889,000

Asking range · $1,535/m² of land

No recorded sale for this property.

Old Reynella at a glance

3,869

People

$912,000

Median sale

$595/wk

Median rent

3.39%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Old Reynella report →

Vs Old Reynella

-4.7%

Median sale

Suburb $912,000

+0.17 pp

Gross yield

Suburb 3.39%

Suburb median $912,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$869,000
Stamp Duty (South Australia)
$41,625
Transfer/Registration Fee
$8,963
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$923,288

$54,288 on top of the price (6.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Old Reynella's advertised median rent — not a rent for this listing.

Net yield
2.06%
Annual cashflow (pre-tax)
$-27,283
Interest cover (DSCR)
0.40
Annual rent
$30,940
Operating expenses
$13,035
Loan amount
$695,200
Annual interest
$45,188
Gross yield
3.56%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$869,000–$889,000available6 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $595/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Old Reynella in one glance

Old Reynella at a glance

3,869

People

$912,000

Median sale

$595/wk

Median rent

3.39%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Old Reynella report →

Keep researching

  • Why Old Reynella? Read the area thesis →
  • What else is on the market in Old Reynella →
  • Other records on Concord Dr →

Listing material

Listed by Ray White Modbury Dulwich

Comfort, Space & Convenience in Old Reynella

Ray White Modbury proudly presents a home where comfort, practicality and effortless living come together in one fantastic package. Set within the established and highly convenient suburb of Old Reynella, this well-presented residence offers plenty of space for families, fantastic entertaining options and a host of practical extras that make everyday living a breeze.

Welcome to 50 Concord Drive, Old Reynella!

From the moment you step inside, you'll appreciate the versatile floorplan and welcoming feel this home has to offer. Featuring three comfortable bedrooms, two bathrooms and two separate living areas, there is plenty of room for everyone to spread out and enjoy their own space. The master bedroom is complete with its own ensuite, while the additional bedrooms provide comfortable accommodation for family, guests or a home office.

Read the full description

The home offers a practical kitchen and dining area that forms the heart of everyday living, with the two living spaces providing plenty of flexibility for families. Whether you're settling in for a movie night, creating a dedicated kids' retreat or simply enjoying a quiet space to relax, the layout has been designed with modern family living in mind.

Step outside and you'll discover an impressive undercover entertaining area complete with outdoor blinds, creating the perfect setting for weekend BBQs, family gatherings or simply enjoying a morning coffee outdoors. The backyard also offers plenty of practical features, including a rear shed for additional storage, hobbies or workshop space. Vehicle accommodation is another standout feature, with the secure carport offering drive-through access to the rear, while the side gate access provides an additional entry point for another vehicle, trailer or recreational vehicle. Whether you have extra cars, a caravan, trailer or simply appreciate having additional access to your backyard, this is a feature that adds genuine versatility.

Adding to the home's appeal is a 3.5kw Solar system, CCTV cameras and a combination of split-system air conditioning and evaporative cooling, helping to keep the home comfortable throughout the year while providing added peace of mind.

MORE TO LOVE

-Three comfortable bedrooms.

-Two bathrooms, including an ensuite to the master bedroom.

-Two separate living areas providing excellent flexibility.

-Functional kitchen and dining area.

-Undercover outdoor entertaining area with outdoor blinds.

-Spacious rear yard with room to enjoy.

-Rear shed providing additional storage or workshop space.

-Secure carport with drive-through access to the rear.

-Side gate access providing additional vehicle access to the property.

-3.5kw Solar system.

-CCTV camera system installed.

-Split-system air conditioning.

-New tiling to selected areas.

-New carpet to selected areas.

-Established and convenient Old Reynella location.

For investors, this property offers the opportunity to secure an established home with a tenancy already in place. The property is currently leased at $600 per week until 20 August 2026, allowing the successful purchaser to take over the existing investment opportunity, subject to the terms of the current tenancy and contract.

For owner-occupiers, the existing tenancy also provides a clear pathway to make the property your own once the current tenancy concludes, making this an excellent opportunity for buyers who are planning ahead.

Perfectly positioned in Old Reynella, this home places an abundance of everyday amenities within easy reach. Families will appreciate being close to local schools including Old Reynella Primary School and Reynella East College, while nearby childcare options make everyday family life even more convenient. Shopping is made easy with Southgate Plaza and a range of local shops, cafés, restaurants and services all within easy reach. When it's time to get outdoors, you'll have plenty of parks, reserves and walking trails to explore, with the beautiful Onkaparinga River Recreation Park also nearby. With convenient access to major roads and public transport, you'll be well connected to the wider southern suburbs and Adelaide CBD, while the nearby McLaren Vale wine region provides the perfect destination for weekends spent exploring local wineries, restaurants and attractions.

Whether you're looking to secure your next family home, take advantage of an existing rental arrangement or simply find a property with plenty of space, flexibility and practical extras, 50 Concord Drive is an opportunity worth getting excited about.

An inspection is highly recommended and all questions can be directed to:

Damanjeet Singh (DJ) - 0469 851 244

Jatin Arora - 0466 466 042

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

RLA 352067

Listing description written by Damanjeet Singh, Ray White Modbury Dulwich — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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