Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Athelstone › Addison Ave
$1,095,000–$1,145,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
349 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
Asking
$1,095,000–$1,145,000
Asking range · $3,138/m² of land
No recorded sale for this property.
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Athelstone
-3.9%
Median sale
Suburb $1,140,000
+0.11 pp
Gross yield
Suburb 2.83%
Suburb median $1,140,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$69,133 on top of the price (6.3% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Athelstone's advertised median rent — not a rent for this listing.
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.
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 $620/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.
Gross yield if leased at the suburb aggregate is 2.9%. 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
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
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Prospect51A Addison Avenue is bright, beautifully kept and designed around the way a family actually lives. The rendered facade is sharpened by a stacked-stone entry, while 2.7m ceiling heights and 2.4m internal door heights give the interior an immediate sense of quality and space the moment you step inside.
Plantation shutters dress the windows throughout, and timber-look flooring carries from the entrance into the main living areas. Three bedrooms sit along the hallway, all finished with new carpet. The main bedroom includes a walk in robe and a private ensuite, while the remaining bedrooms are serviced by a family bathroom with a bathtub and separate toilet. Both bathrooms are tiled to the ceiling, with stone-topped vanities and black accents giving them a clean, confident finish.
The rear living area is where the home really comes into its own. Kitchen, dining and lounge share one generous open space, with plenty of room for a full dining table and a proper family-sized sofa without either feeling squeezed in. White cabinetry keeps the kitchen light, while stone benchtops, black hardware and a wide breakfast bar bring pleasant contrast. A Euro gas cooktop and oven handle the cooking, supported by a Bosch 'silent dry' dishwasher and ample overhead storage.
Wide stacker doors pull the entire room open to a substantial tiled alfresco. It is large enough to divide into separate dining and lounging areas, with downlights overhead and established greenery creating privacy around the perimeter. The garden continues with lawn and carefully maintained planting, giving children or pets room to move without leaving a weekend of maintenance behind.
Athelstone Shopping Centre, childcare, medical facilities, The Rezz Hotel, award winning Thorndon Park playground and St Ignatius' College are all within walking distance. It is a modern home with the space, outdoor connection and everyday practicality already sorted.
Additional Features:
• Ducted reverse-cycle A/C
• Solar panel system (6.6kW)
• Exposed aggregate concrete driveway with room for an additional four cars
• Automated double garage with painted floor
• Downlights throughout
• Designer cornices throughout
• 2.4m internal door heights
• Separate laundry with external access
• Gas outlet in alfresco for barbeque
• Landscaped gardens from front to rear
• Newton Village & Newton Central shopping centres only a short drive away
• Walking distance to Wadmore Park and Black Hill Conservation Park
• Nearby schools include: St Ignatius College, Rostrevor College, Charles Campbell College, Athelstone Primary School, Thorndon Primary School
Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate, however, and we accept no liability for any errors or omissions - including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.
Listing description written by Stefan Siciliano, Ray White Prospect — reproduced as published, not verified by Districts.