Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Happy Valley › Maluka Dr

52 Maluka Dr, Happy Valley SA 5159

For saleHouse for Sale

$1,100,000–$1,150,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

1,054 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,100,000–$1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,100,000–$1,150,000(Listing record · 29 July 2026)
  • CalculationLand 1,054 m² against a 135 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 27% above the Happy Valley median recorded sale ($865,250, n=12, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Happy Valley's advertised median rent ($637/wk), implied gross yield would be 3.01% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,100,000–$1,150,000

Asking range · $1,044/m² of land

No recorded sale for this property.

Happy Valley at a glance

12,016

People

$865,250

Median sale

$637/wk

Median rent

3.83%

Suburb gross yield

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

See the full Happy Valley report →

Vs Happy Valley

+27.1%

Median sale

Suburb $865,250

-0.82 pp

Gross yield

Suburb 3.83%

Suburb median $865,250 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,100,000
Stamp Duty (South Australia)
$54,330
Transfer/Registration Fee
$11,378
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,169,408

$69,408 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Happy Valley's advertised median rent — not a rent for this listing.

Net yield
1.51%
Annual cashflow (pre-tax)
$-40,576
Interest cover (DSCR)
0.29
Annual rent
$33,124
Operating expenses
$16,500
Loan amount
$880,000
Annual interest
$57,200
Gross yield
3.01%

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.

Open the full yield calculator →

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. Listed$1,100,000–$1,150,000available29 July 2026

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 $637/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

Gross yield if leased at the suburb aggregate is 3.0%. 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

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

Happy Valley in one glance

Happy Valley at a glance

12,016

People

$865,250

Median sale

$637/wk

Median rent

3.83%

Suburb gross yield

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

See the full Happy Valley report →

Keep researching

  • Why Happy Valley? Read the area thesis →
  • What else is on the market in Happy Valley →
  • Other records on Maluka Dr →

Listing material

Listed by Ray White Flagstaff Hill

Exceptional Family Living Next-Door to Nature

Sam Conlen and Tara Witham are proud to welcome 52 Maluka Drive, Happy Valley to the market.

Perfectly positioned in a quiet, family-friendly cul-de-sac directly adjacent to the tranquil James Education Reserve. This exceptional property offers an ideal blend of peaceful suburban living and everyday convenience, situated just moments from the scenic Happy Valley Reservoir.

Step inside to discover a spacious, light-filled layout featuring multiple living areas designed for modern family dynamics. At the heart of the home, an updated open-plan kitchen, living and meals area boasts quality gas cooking and a dishwasher, flowing effortlessly into the accommodation wing. The home comprises four well-proportioned bedrooms, highlighted by a master retreat complete with a private ensuite and a walk-in robe, while bedrooms two and three include built-in robes and are serviced by a renovated main bathroom. Ensuring absolute comfort across every season, the interior features ducted evaporative cooling, gas heating and a cozy combustion fireplace.

Read the full description

The outdoor space is an absolute entertainer's paradise, designed for ultimate relaxation and recreation. Enjoy warm summer days by the sparkling, inground solar-heated swimming pool, complete with a dedicated entertaining hut, or host gatherings under the generous undercover outdoor area. The expansive, fully fenced lawned area provides plenty of room for children and pets to play, perfectly complemented by a large shed ideal for the handyman or serious storage needs, a convenient double carport and the unique bonus of under-house storage or cellar potential.

Property features:

- 4 bedrooms, with ensuite and walk-in robe to the main

- Built-in robes to bedrooms 2 and 3

- Open-plan kitchen, family and meals area

- Separate living room

- Updated kitchen with gas cooking and dishwasher

- Renovated main bathroom

- Ducted evaporative cooling, gas heating and combustion fireplace

- Inground solar-heated swimming pool with an entertaining hut

- Generous undercover entertaining area

- Large fully fenced lawned space

- Large storage shed and double carport

- Under-house storage or cellar opportunity

- Quiet cul-de-sac location adjacent to James Education Reserve

- Close to Happy Valley Reservoir, local wineries and Aberfoyle Hub Shopping Complex

- Built in 1978

- 1054sqm (approx.) allotment

This wonderful property delivers an enviable lifestyle of comfort, space, and outdoor leisure in a tightly held neighbourhood. Offering a rare blend of tranquil reserve-side living and ultimate family convenience, this is a place where precious memories are waiting to be made - don't miss your chance to secure this exceptional property!

For more information contact Sam Conlen 0432 379 733 or Tara Witham 0421 953 033.

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Flagstaff Hill will not accept any responsibility should any details prove to be incomplete or incorrect - RLA 284838.

Listing description written by Sam Conlen, Ray White Flagstaff Hill — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.