Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
$1,150,000
Last sold
10 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
666 m²
Land
130 m²
Building
Districts View
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
$1,150,000
10 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Prospect (last 5 years) with land size have a median of $2,656/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Prospect
-10.6%
Median sale
Suburb $1,286,000
+0.28 pp
Gross yield
Suburb 2.35%
Suburb median $1,286,000 from 48 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 $582/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
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by D B Philpott Real EstateAUCTION ON SITE THURSDAY 10TH OF APRIL AT 2.00PM
Located in the highly sought-after suburb of Prospect, this tidy conventional home is set on a flat allotment of approximately 666sqm, offering a fantastic opportunity for both homeowners and investors alike. The home features three well-sized bedrooms, ensuring plenty of space for a growing family or guests. A spacious formal lounge provides a comfortable area, while the large eat-in kitchen offers ample space for meals and family gatherings.
For your convenience, the property includes undercover parking with a roller door, as well as a large garage to the rear, providing additional storage or workshop space. Additionally, there are several established fruit trees.
IN BRIEF:
- Three bedrooms
- Formal Lounge
- Large eat-in kitchen
- Full size bathroom with separate toilet
- Undercover & secure parking
- Large garage
- 666sqm (approx.)
- Zoned Established Neighbourhood
This property offers a solid investment opportunity position in this thriving location with the potential for genuine capital growth. The home is move-in ready, offering immediate comfort, or presents an excellent buy-now-and-hold opportunity in a suburb that continues to grow in demand.
Nearby schools include Prospect North, Prospect Primary, Rosary, Blackfriars, Nailsworth Primary, OLSH, and zoned for Adelaide/Adelaide Botanic High Schools.
SPECIFICATIONS:
CT // 5346/653
Zone // Established Neighbourhood
Land // 666sqm (approx)
Built // 1976
Council // City of Prospect
Council Rates // $TBA
SA Water // $TBA per quarter + usage
Estimated Rent // Written assessment provided upon request
DB Philpott is proud to service the local area, and if you are considering selling, we invite you to contact the team for a free, no-obligation market opinion.
The property will be offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide. The agent is unable to guide or influence the market in terms of price, but recent sales data for the area is available upon request via email or at the open inspection.
The Vendor's Statement (Form 1), the Auction Contract, and the Conditions of Sale will be available for public inspection at the agent’s office for at least 3 consecutive business days before the auction, and at the auction venue for at least 30 minutes prior to the commencement of the auction.
Please note that any offers submitted prior to the auction will be under Auction conditions. It is the Purchaser's responsibility to seek independent legal advice and a Form 3 Cooling-Off Waiver.
If land size is quoted, it is an approximation only. You must verify the accuracy of this figure. DB Philpott does not guarantee the accuracy of these measurements. For any development enquiries or site requirements, please contact the local government authority.
Purchasers are encouraged to conduct their own due diligence, as any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents.
We recommend assessing the suitability of any purchase based on your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
Listing description written by David Philpott, D B Philpott 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.