Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Pennington › Hodgeman Rd
3
Bedrooms
1
Bathrooms
7
Car spaces
929 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Pennington (last 5 years) with land size have a median of $1,304/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
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 $575/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
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Port AdelaideA beautifully presented classic character home featuring a striking pressed metal façade and a charming bullnose verandah. Set on a substantial 929m2 approx. allotment, this property offers ample space both inside and out. Inside, the home blends stylish contemporary tones with its original character features, including expansive rooms with soaring ceilings, Victorian cove cornices, and ornate fireplaces in each of the three bedrooms. Original timber work, such as wide skirting boards and architraves, further enhances the home's classic appeal.
An open-plan living area, bathed in natural light and featuring a central fireplace, is situated next to the newly updated kitchen. This kitchen boasts high-quality amenities and modern appliances, offering ample workspace to inspire your culinary creativity, all offering a delightful view of the rear yard.
Step through elegant French doors onto the vast covered decking area, where outdoor living is truly redefined. This remarkable space is perfect for entertaining, featuring a lavish jet spa jacuzzi and a grand pitched-roof pergola, ensuring year-round comfort. At the rear of the property, you'll discover a substantial double garage with automatic roller doors, complemented by a pristine lawn ideal for children and a lengthy carport with an automatic roller door, providing ample parking for cars, boats, and caravans. This home is the ultimate blend of classic charm and modern luxury, offering an exceptional living experience that's truly unmatched.
FEATURES WE LOVE:
- 929m2 approx. allotment
- Well-maintained front & rear yards with plenty of space
- Modern downlights & laminate flooring throughout
- Open-plan living area with fireplace
- Ducted air-conditioning with zone control
- Spacious kitchen with large windows, 900mm 6-burner gas cooktop, dishwasher, double stainless steel sink, tiled splashback & ample storage
- Three generous, carpeted bedrooms each featuring BIRs & ceiling fans
- Bedroom 2 & 3 feature ornate fireplaces
- Bathroom with floor-to-ceiling tiles, luxurious bathtub, dual sink vanity, toilet, large shower & dual access to the master bedroom
- Laundry with a second toilet
- Expansive outdoor entertaining area, with a verandah, versatile outdoor decking space, large yard & dual zone jet spa
- Expansive carport with space for three vehicles, plus a double car garage/shed with automatic roller door
- 14kW solar system
Pennington is a vibrant suburb that perfectly balances convenience with a relaxed, family-friendly atmosphere. Known for its leafy streets and close-knit community, Pennington offers a range of local amenities, including parks, schools, and shopping centres. Residents enjoy easy access to public transport and major roads, making commuting a breeze. With its welcoming environment, and proximity to essential services, Pennington is an ideal location for growing families and those seeking a tranquil retreat without compromising on convenience.
To place an offer on this property, please complete this Letter of Offer form https://forms.gle/2P3oovTaZZ7VdYjS6
Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and is advised to enquire directly with the agent to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Nathaniel Kennerdale, Ray White Port Adelaide — reproduced as published, not verified by Districts.