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SA › Athol Park › Millicent St

51 Millicent St, Athol Park SA 5012

House

$980,000

Last sold

14 July 2026

4

Bedrooms

2

Bathrooms

3

Car spaces

655 m²

Land

201 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $980,000 (14 July 2026).(Recorded sale)
  • CalculationRecorded House sales in Athol Park (last 5 years) with land size: median $1,722/m² of land (n=20). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$980,000

14 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Athol Park (last 5 years) with land size have a median of $1,722/m² of land (n=20). Districts calculation from recorded sales — not a valuation.

Athol Park at a glance

2,123

People

$880,000

Median sale

$575/wk

Median rent

3.40%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Athol Park report →

Vs Athol Park

+11.4%

Median sale

Suburb $880,000

-0.35 pp

Gross yield

Suburb 3.40%

Suburb median $880,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$980,00014 July 2026
  2. Listedprice unknowncompleted25 June 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 $575/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

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

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

Athol Park in one glance

Athol Park at a glance

2,123

People

$880,000

Median sale

$575/wk

Median rent

3.40%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Athol Park report →

Keep researching

  • Why Athol Park? Read the area thesis →
  • What else is on the market in Athol Park →
  • Other records on Millicent St →

Listing material

Listed by Ray White Woodville

Develop, Subdivide or Land Bank - 655sqm Corner Site with Solid Rental Appeal!

Positioned on a prominent corner allotment of approximately 655sqm, this solid brick residence presents an outstanding opportunity for developers, investors and land bankers looking to secure a site with genuine future upside.

Whether you're looking to develop now, retain the existing home and generate rental income, or secure a strategic parcel of land for the future, this versatile property offers multiple pathways to create value. The corner configuration and generous land holding provide exciting scope for subdivision and redevelopment (STCC), making it an opportunity that is becoming increasingly difficult to find in Adelaide's western suburbs.

The existing home is well suited as a long-term rental investment, offering three bedrooms plus a study/4th bedroom, two bathrooms, formal living areas and character features including hardwood timber floors and high ceilings. Comfortable and functional in its current condition, it provides the ideal holding property while future plans are considered.

Read the full description

For investors, the appeal is clear-secure a substantial corner allotment in a growing location while benefiting from immediate rental income and future development flexibility. For developers, the site presents an exciting opportunity to unlock the full potential of the land and capitalise on ongoing demand for new homes in the area.

Why You'll Love It

-Approx. 655sqm corner allotment

-Development and subdivision potential (STCC)

-Ideal land banking opportunity

-Solid brick construction

-Strong long-term rental appeal

-Three bedrooms plus study

-Two bathrooms including ensuite to master

-Hardwood timber flooring

-High ceilings

-Close to schools, shopping centres and transport

-Multiple exit strategies for investors and developers

A rare opportunity to secure a solid home today while unlocking the development possibilities of tomorrow.

*We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified.*

Listing description written by Alex Ghinis, Ray White Woodville — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.