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SA › Park Holme › Wallala Ave

51 Wallala Ave, Park Holme SA 5043

House

$748,000

Last sold

30 Nov 2022

3

Bedrooms

1

Bathrooms

4

Car spaces

540 m²

Land

100 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 $748,000 (30 Nov 2022).(Recorded sale)
  • CalculationLand 540 m² against a 100 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Park Holme (last 5 years) with land size: median $2,596/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$748,000

30 Nov 2022 · derived via latest_sale

Local land rate: recorded House sales in Park Holme (last 5 years) with land size have a median of $2,596/m² of land (n=67). Districts calculation from recorded sales — not a valuation.

Park Holme at a glance

3,424

People

$1,150,000

Median sale

$582/wk

Median rent

2.63%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Park Holme report →

Vs Park Holme

-35.0%

Median sale

Suburb $1,150,000

+1.42 pp

Gross yield

Suburb 2.63%

Suburb median $1,150,000 from 9 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$748,00030 Nov 2022
  2. Listedprice unknowncompleted22 Nov 2022

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 $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.

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

Park Holme in one glance

Park Holme at a glance

3,424

People

$1,150,000

Median sale

$582/wk

Median rent

2.63%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Park Holme report →

Keep researching

  • Why Park Holme? Read the area thesis →
  • What else is on the market in Park Holme →
  • Other records on Wallala Ave →

Listing material

Listed by Magain Real Estate

Beautifully renovated family home on a sought after 540sqm corner allotment

Contact Josh Morrison for more information or to register your interest.

Offers close Tuesday 29th November at 12pm.

This beautifully updated family home located on a generous 540sqm corner allotment has been beautifully updated and is perfect for all buyers.

Read the full description

The spacious living area with lounge and dining is a great space to relax with friends and family and the reverse cycle air-conditioner will keep you comfortable all year round and feature fireplace. The renovated modern kitchen offers everything a family needs including ceramic cooktop, double sink, dishwasher and breakfast bar, plus plenty of bench space and storage.

Perfect for the growing family, all the three bedrooms are well sized and fitted with ceiling fans and two bedrooms are equipped with built in robes. The family bathroom sits conveniently alongside the bedrooms with corner shower, vanity and toilet plus a second toilet off the laundry. The sparkling laundry has had the same attention to detail with its quality fixtures and fittings and offers easy access to the rear garden.

Outside the landscaped front garden is fully enclosed and perfect for the kids to safely explore. The rear yard is the perfect place to invite family and friends to join you in the large under cover paved entertaining area for a barbeque or a drink while the children and pets play safely in the spacious secure yard.

A double carport with automatic roller door that extends to a further open parking area is perfect for a trailer. Delight in the unique extra automatic roller door with vehicle access to a powered shed off Rotorua Avenue, ideal for any tradie or vehicle enthusiast, spacious enough for caravan, camper or boat storage.

In a perfect position, just a 5 minute walk to the bus stop and 15 minutes to the train station. A variety of schools including Ascot Park, Forbes, Marion, Clovelly Park and Warradale Primary Schools along with Hamilton Secondary College all make this a great place to raise a family. Flinders University and hospital are both within 10 minutes drive plus the CBD commute is a breeze. For shopping and entertainment Westfield Marion is less than 5 minutes away or the more local Park Holme shopping centre will cover all your daily needs. For weekends relax at nearby Glenelg beach, take a walk down Jetty Road or enjoy a meal at the abundance of restaurants and cafe's.

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 310071)

Listing description written by Josh Morrison, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
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.