Tranmere at a glance
4,577
People
$1,436,000
Median sale
$643/wk
Median rent
2.33%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
$2,380,000
Last sold
20 Sept 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
935.179 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
$2,380,000
20 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Tranmere (last 5 years) with land size have a median of $2,344/m² of land (n=81). Districts calculation from recorded sales — not a valuation.
Tranmere at a glance
4,577
People
$1,436,000
Median sale
$643/wk
Median rent
2.33%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Tranmere
+65.7%
Median sale
Suburb $1,436,000
-0.93 pp
Gross yield
Suburb 2.33%
Suburb median $1,436,000 from 16 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 $643/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
Tranmere at a glance
4,577
People
$1,436,000
Median sale
$643/wk
Median rent
2.33%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Point Eight Real EstateGenerous 935 sqm Land Holding with Urban Corridor Zoning: Your Opportunity to Develop in Tranmere
One Point Eight Real Estate proudly presents an unparalleled opportunity to acquire a prime development site at 515 Magill Road, Tranmere. This exclusive property is available through an Expressions of Interest Campaign closing on Wednesday, 11th September 2024, at 4:00 p.m.
Imagine owning a substantial corner property in the prestigious suburb of Tranmere, where future development potential is not just a possibility but a promise. This rare 935 sqm land holding is perfectly positioned on Magill Road, surrounded by thriving commercial properties and situated in one of Adelaide's most desirable locations.
Why This Property Is Perfect for You:
• Unmatched Development Potential: With Urban Corridor (Main Street) zoning, this site offers endless possibilities for future development, including the potential for multiple storeys (STCC).
• Prime Corner Allotment: The property's significant frontages make it an ideal choice for a variety of development projects.
• Thriving Location: Situated in Tranmere, a blue-chip suburb known for its vibrant community and dynamic commercial landscape, this site is just moments from the bustling Adelaide CBD.
• Proximity to Key Amenities: Surrounded by essential amenities and notable landmarks, this property is perfectly positioned to attract future tenants or buyers.
• Invest in the Future: Whether you're a developer, land banker, or savvy investor, this site offers a unique opportunity to capitalize on the growing demand in one of Adelaide's most sought-after areas.
Don't miss out on this exceptional opportunity to secure a prime development site in Tranmere. Act now and position yourself for success in one of Adelaide's most vibrant and promising locations.
Submit your expression of interest before Wednesday, 11th September 2024, at 4:00 p.m.
RLA 274768
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
Listing description written by Michael Gleeson, One Point Eight Real Estate — 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.