Holden Hill at a glance
3,623
People
$912,000
Median sale
$568/wk
Median rent
3.24%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Holden Hill › Mercedes Dr
$917,500
Last sold
6 Apr 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
750 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
$917,500
6 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Holden Hill (last 5 years) with land size have a median of $1,755/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Holden Hill at a glance
3,623
People
$912,000
Median sale
$568/wk
Median rent
3.24%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Holden Hill
+0.6%
Median sale
Suburb $912,000
-0.02 pp
Gross yield
Suburb 3.24%
Suburb median $912,000 from 26 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 $568/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
Holden Hill at a glance
3,623
People
$912,000
Median sale
$568/wk
Median rent
3.24%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Eclipse Real EstateSay hello to a rare opportunity to secure a tidy brick home on a substantial sized 750 sqm* (approx) corner allotment in the heart of Adelaide's North East.
Welcome home to Mercedes Drive, nestled in Holden Hill and just moments away from a variety of shopping, parks and schools. While some TLC is required, this property boasts a generous land size that invites endless possibilities for those with a vision. With three well-proportioned bedrooms, a light-filled lounge room, and original hardwood flooring throughout, this home has all the fundamentals for a remarkable transformation.
And for developers, this one's a no brainer. With the potential to knock down and develop multiple homes on this sizeable lot, subject to council approval, the potential is undeniable.
Location is hard to beat. Nearby Gilles Plains and Dernancourt shopping centres provide easy access to your daily essentials, while Westfield Tea Tree Plaza offers a world-class shopping and dining experience just moments away. Nature enthusiasts will delight in the proximity to Bentley Reserve, a short stroll.away, with its oval, tennis court, playground, and dog park. Families will appreciate the excellent schools nearby, including Kildare College, Avenues College, Dernancourt School, and Paradise Primary School. And with the Adelaide CBD only 20-minute drive away, this spot truly encompasses the best of everything.
With its enviable location and abundant potential, this property represents an excellent renovation or development opportunity that is not to be missed.
Check me out:
– Torrens Title, 1964 built
– Corner allotment with land size of 750 sqm* (Approx)
– 24m frontage on Mercedes Drive (Approx)
– 26m frontage on Valiant Road (Approx)
– Three spacious bedrooms with built-in robes
– Tidy kitchen
– Bathroom with built-in bath and 3/4 tiled walls
– Large backyard with verandah
– Double carport
– Great location, minutes from Gilles Plains Shopping Centre and Dernancourt Shopping Centre
– Great schooling options nearby including Kildare College
Specifications:
CT // 5591/219
Built // 1964
Land // 750 sqm*
Home // 152 sqm*
Council // City of Tea Tree Gully
Nearby Schools // Kildare College, Avenues College, Dernancourt School
On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.
Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Joshua Faddoul – 0417 785 277
joshuaf@eclipserealestate.com.au
RLA 277 085
Listing description written by Joshua Faddoul, Eclipse Real Estate — reproduced as published, not verified by Districts.
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