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 › Schulze Rd
3
Bedrooms
2
Bathrooms
2
Car spaces
350 m²
Land
258 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Athelstone (last 5 years) with land size have a median of $1,674/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
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.
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.
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
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 NorwoodEnjoying a tranquil outlook over the leafy community sporting/playground opposite from its elevated position along a gumtree lined thoroughfare, 51B Schulze Road is a family-friendly three bedroom haven with a spacious single level of living atop a double garage with generous storage.
That's right; while it might look like a traditional two storey dwelling at first glance, the lower level comprises only the car accommodation, with two storage areas and a staircase to the upper floor - also accessible from a set of external steps off the paved driveway.
A covered balcony with sweeping park vistas graces the front of the house and can be reached through glass sliders from both a tiled formal lounge off the main entry, and the carpeted master bedroom. The primary social space sits at the rear, a light-filled combined kitchen/family living/dining area extending onto a covered pergola, well-sized for alfresco entertaining.
Wake-up to beautiful park views from the master, also equipped with coastal cool plantation shutters, a walk-through robe and ensuite, the other two bedrooms sit off the passage and have convenient access to a full bathroom opposite, the laundry nearby opening on to an internal courtyard.
With so much Council-managed open space on your doorstep and the Linear Park trail only a 10-minute walk, there's no need for a huge yard of your own to labour over, so this property is perfectly landscaped with its compact, terraced backyard that you can plant out as you wish and seed raised veggie beds. All other amenities, from quality shopping hubs to zoned state and private schooling, are easily reached with a short drive!
FEATURES WE LOVE
• Brick-faced family home with dual living areas, double garage underneath, park views
• Durably tiled combined kitchen/living/dining at rear + a bonus, tiled lounge off main entry with glass-panelled windows/slider onto front balcony
• Country-style kitchen with moulded timber cabinetry, slick black benchtops, stainless mod cons (including dishwasher & gas cooker), double door fridge recess
• Rear living/dining extends onto a fan-cooled pergola, a little over 30sqm (approx.), with stairs through a terraced garden
• More park views from a private master sanctuary with sliders onto front balcony & a walk-through robe into an ensuite with a shower
• Two more carpeted bedrooms, both with BIRs, off central passage
• Full bathroom opposite with shower and tub, the WC next door
• Dedicated laundry with ample storage & access to a drying courtyard
• Ducted A/C throughout + fans in all beds & rear living area + north facing solar system
• Twin roller door entry into double garage with internal staircase to dwelling space above, extra off-street parks on driveway
• Recessed storeroom in garage + extra storage under the staircase
• Handy side access to backyard & a lovely big landmark gum tree on the verge
LOCATION
• Elevated position opposite a leafy community sporting precinct with ovals, tennis court
• 10-minute stroll to the Linear Park trail, 15-minute walk to Thorndon Park Reservoir and playground, 20 minutes into the heart of the city
• 15-minute walk to Athelstone Shopping Centre; short drives to ALDI Newton and Target/Drakes at Newton
• Four zoned schools (R-12 and including Charles Campbell College) within a 2.5km radius or private schooling at Saint Ignatius' College - only a 10 minute walk
• 15-minute drive to Westfield TTP and 20-minutes into the heart of the city
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | Campbelltown
Zone | General Neighbourhood
Land | 350sqm(Approx.)
House | 258.5sqm(Approx.)
Built | 2005
Council Rates | $1850.25 pa
Water | $193.67 pq
ESL | $328.80 pa
Listing description written by Linda Clemente, Ray White Norwood — reproduced as published, not verified by Districts.