Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Peterborough › Queen St

55-57 Queen St, Peterborough SA 5422

For saleHouse

$320,000

For sale

Asking

6

Bedrooms

2

Bathrooms

0

Car spaces

1,303 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $320,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $320,000(Listing record · 12 June 2026)
  • FactLand 1,303 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Peterborough (last 5 years) with land size: median $178/m² of land (n=70). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 32% above the Peterborough median recorded sale ($242,500, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Peterborough's advertised median rent ($324/wk), implied gross yield would be 5.27% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$320,000

Asking · $246/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Peterborough (last 5 years) with land size have a median of $178/m² of land (n=70). Districts calculation from recorded sales — not a valuation.

Peterborough at a glance

1,507

People

$242,500

Median sale

$324/wk

Median rent

6.95%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Peterborough report →

Vs Peterborough

+32.0%

Median sale

Suburb $242,500

-1.68 pp

Gross yield

Suburb 6.95%

Suburb median $242,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$320,000
Stamp Duty (South Australia)
$12,330
Transfer/Registration Fee
$3,188
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
$339,218

$19,218 on top of the price (6.0% 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

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

Net yield
3.77%
Annual cashflow (pre-tax)
$-4,592
Interest cover (DSCR)
0.72
Annual rent
$16,848
Operating expenses
$4,800
Loan amount
$256,000
Annual interest
$16,640
Gross yield
5.27%

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$320,000available12 June 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 $324/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 5.3%. 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

Peterborough in one glance

Peterborough at a glance

1,507

People

$242,500

Median sale

$324/wk

Median rent

6.95%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Peterborough report →

Keep researching

  • Why Peterborough? Read the area thesis →
  • What else is on the market in Peterborough →
  • Other records on Queen St →

Listing material

Listed by Wardle Co. Real Estate

Dual Income Investment in a Prime Central Location

A well-maintained maisonette pair positioned on a convenient and sought-after street within easy walking distance to the town centre, local shopping and essential services. Currently configured as a dual-income investment, this low-maintenance property presents an excellent opportunity for the savvy investor looking to expand their portfolio with reliable tenancy already in place.

Both homes offer comfortable layouts, practical features and generous rear yards with rear lane access, providing excellent flexibility and future potential.

57 Queen Street

Read the full description

A neat and tidy home featuring polished pine floorboards through the living area with an open fireplace creating a warm and inviting atmosphere. The kitchen offers lino flooring, upgraded laminate cabinetry and a freestanding electric oven and cooktop.

A small passageway leads to the carpeted bedrooms, while the bathroom includes tiled flooring, single vanity, shower over bath and separate toilet. The laundry is practical with tiled floor and concrete wash trough.

Outside, the large rear yard provides ample space for additional shedding, pergola entertaining or further improvements (STCC). Additional features include:

- Gas hot water system

- Rear lane access

- Low maintenance grounds

Lease Details: End Date Feb. 2027 currently leased for $200 per week

55 Queen Street

Offering polished pine floorboards throughout, this home has a comfortable and functional layout with a lounge room featuring a slow combustion heater for year-round comfort. The kitchen is practical and well positioned with a freestanding electric oven and cooktop.

The bedrooms are accessed via a central passageway, with the master bedroom including a ceiling fan. The bathroom contains tiled flooring, single vanity, shower over bath and separate toilet, while the laundry features tiled flooring and a concrete wash trough.

Stepping outside, recent upgrades enhance the entertaining appeal with a pergola area enclosed by sliding glass doors for convenient all-weather use. A freestanding carport and small garden shed add further practicality. Additional features include:

- Electric hot water system

- Rear lane access

- Low maintenance outdoor areas

Lease Details: Periodic lease, currently leased for $250 per week

An excellent opportunity to secure a versatile investment property with dual income potential in the heart of Peterborough.

Land Size: 1,303m²*

LGA: District Council of Peterborough

Zoned: Neighbourhood

CT5386/843

RLA228106

Property Code: 12336

Listing description written by Angus Barnden, Wardle Co. Real Estate — reproduced as published, not verified by Districts.

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.