Albert Park at a glance
1,832
People
$996,000
Median sale
$596/wk
Median rent
3.11%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Albert Park › Gordon St
$507,000
Last sold
10 May 2017
3
Bedrooms
1
Bathrooms
2
Car spaces
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
$507,000
10 May 2017 · derived via latest_sale
Albert Park at a glance
1,832
People
$996,000
Median sale
$596/wk
Median rent
3.11%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Albert Park
-49.1%
Median sale
Suburb $996,000
+3.00 pp
Gross yield
Suburb 3.11%
Suburb median $996,000 from 17 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 $596/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
Albert Park at a glance
1,832
People
$996,000
Median sale
$596/wk
Median rent
3.11%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MichaelKris Real EstateThis unique colonial home showcases, charm, quality and location.
Over time this C1950?s Torrens Title home has undergone amazing restorations/renovations in keeping with the homes warmth and character.
Not only does this home have a convenient corner location, but also showcases a stunning interior featuring 10ft high ceilings with attractive cornices, solid polished timber flooring and period skirting and leadlight doors and windows. The floor plan is very flexible offering 3 large bedrooms, or home office/2nd living area. The family room is very spacious comprising easy care floor tiles, a wall of floor to ceiling windows/French doors allowing plenty of natural sunlight to stream through, and there is a gas log fire to keep you cosy and warm in winter. The adjacent kitchen is all quality with plenty of solid timber built-ins including quality cooking appliances and dishwasher. The formal dining room offers plenty of space for those special dinner parties.
Don?t forget to check out the bathroom, it?s a winner with stunning timber vanities, heritage floor and wall tiling, spa bath large shower alcove, separate wc and the all-important powder room. The European style galley laundry has been designed with space saving in mind.
Other features Include ducted reverse cycle air conditioning, monitored security system, 3 phase power, 1.5kw solar panels/electric system with a great rebate and so much more?.
The garden areas are pretty and well maintained, the rear courtyard offers lawn and beds of established plants. There is a fantastic pitched roof/undercover entertaining area and double gated street access.
Full use of the corner location has been made with a large double garage with auto roller door and dry cellar for extra storage.
All this is on land size of approx 379m2 in the close knit and secluded suburb of Albert Park, close proximity to the QEH, Westfield West Lakes, quality schools and public transport and just a 15 minute drive to the City and less than 10 minutes to the beach will make this a sought after property.
Listing description written by Kris Papagiannis, MichaelKris 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.