Glynde at a glance
2,284
People
$1,250,000
Median sale
$572/wk
Median rent
2.38%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
$1,075,000
Last sold
14 Dec 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
761 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
$1,075,000
14 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Glynde (last 5 years) with land size have a median of $2,065/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Glynde at a glance
2,284
People
$1,250,000
Median sale
$572/wk
Median rent
2.38%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Glynde
-14.0%
Median sale
Suburb $1,250,000
+0.39 pp
Gross yield
Suburb 2.38%
Suburb median $1,250,000 from 8 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 $572/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
Glynde at a glance
2,284
People
$1,250,000
Median sale
$572/wk
Median rent
2.38%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by D B Philpott Real EstateThis well-maintained home has been owner-occupied by the same family since 2011 and offers an excellent opportunity for investors, developers, or those looking for a property with significant future potential. The home features three spacious bedrooms plus sleep-out that would make a great home office, a formal lounge, and a modern kitchen & bathroom that has been well cared for and is in great condition. The kitchen is complemented by an adjacent dining room, providing a comfortable living space for families, efficient comfort with ducted cooling & gas heating.
The property boasts a beautifully maintained backyard, perfect for outdoor living and entertaining. It includes a productive veggie patch & established fruit trees for those with a green thumb, along with plenty of space for children or pets to play, outdoor entertainment area all undercover. The property also includes a carport with automatic roller door plus garage, adding convenience and storage options.
Set on a generous 761sqm block with a 17.6m frontage, this property is ideal for redevelopment (STC) or can simply be enjoyed as is. The location is in one of the fastest-developing areas of the eastern suburbs, where older homes are being replaced by modern, high-quality properties. This makes it an attractive option for investors looking to capitalize on the area's growth, with property values continuing to rise.
Zoned for Norwood International High School and Felixstow Primary School, this property is also a great choice for families seeking a well-connected neighborhood with excellent educational opportunities.
Whether you're looking to renovate, redevelop, or hold as a long-term investment, this property offers plenty of potential in a high-demand location. Don't miss out on securing this valuable landholding in an area where property values are only expected to increase.
AUCTION on-site Saturday 14th December 2024 at 2:00pm
SPECIFICATIONS:
CT // 5177/850
Zoning // Housing Diversity Neighbourhood (Z2404) - HDN
Land // 761sqm
Built // 1955
Council // City of Norwood, Payneham St Peters
Council Rates // $1,752.60 per annum (CV $900,000)
SA Water // $437.10 plus Usage
ESL // $180.30 per annum
Estimated Rent // Written assessment provided upon request
DB Philpott is proud to service the local area and if you are thinking of selling you should give the team a phone call to arrange a free no obligation market opinion.
The property is being offered to the market by way of Auction, unless sold prior. At this stage, the vendors are not releasing a price guide to the market. The agent is not able to guide the market or influence the market in terms of price instead providing recent sales data for the area which 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 perusal by members of the public - at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
Please note that any offers submitted prior to Auction will be under Auction conditions. It is the Purchaser's responsibility to seek own legal advice and a Form 3 Cooling-Off Waiver.
If a land size is quoted it is an approximation only. You must make your own enquiries as to this figures accuracy. DB Philpott does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.
Purchasers should conduct their own due diligence, and any information provided here is a guide and should not be relied upon. Development is subject to all necessary consents.
You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.
RLA 46442
Listing description written by Benjamin Philpott, D B Philpott Real Estate — reproduced as published, not verified by Districts.