Virginia at a glance
3,876
People
$887,500
Median sale
$584/wk
Median rent
3.42%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
SA › Virginia › Gerardis Ave
$650,000
Last sold
25 Mar 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
415 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
$650,000
25 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Virginia (last 5 years) with land size have a median of $1,768/m² of land (n=61). Districts calculation from recorded sales — not a valuation.
Virginia at a glance
3,876
People
$887,500
Median sale
$584/wk
Median rent
3.42%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Virginia
-26.8%
Median sale
Suburb $887,500
+1.25 pp
Gross yield
Suburb 3.42%
Suburb median $887,500 from 30 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 $584/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
Virginia at a glance
3,876
People
$887,500
Median sale
$584/wk
Median rent
3.42%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property Adelaide CityThis strikingly modern family home, situated in the tranquil new estate of Virginia Grove, epitomizes contemporary living with its brand-new construction and high-quality features. Comprising four well-sized bedrooms, two bathrooms, and a generous double garage, the residence is perfectly positioned on a 415 sqm (approx.) block with a wide frontage. Elegantly designed to cater to a high standard of living, this dwelling is a true masterpiece that offers both luxury and practicality, making it an ideal choice for those seeking an exceptional lifestyle.
Internally, the property is meticulously crafted with an open-plan kitchen that seamlessly integrates with the living areas, thus creating a harmonious flow ideal for entertaining and daily family life. The kitchen is a gourmet's delight, equipped with walk-in pantry and stainless-steel appliances. All bedrooms are complete carpeted floors and with built-in robes. Laminate wood flooring that extends to the main areas of the house, enhancing the warmth and continuity of the design. The high 3m raised ceilings in the living room magnify the sense of space and grandeur, while the heat lamp in the bathroom adds a touch of comfort during the cooler months.
Key features of this beautiful home include:
- Raised 3m ceilings in Living room, creating an airy and spacious interior.
- Laminate wood flooring across main living areas for a cohesive and sophisticated look.
- 4 bedrooms with built-in robes and carpeted floors.
- Open plan kitchen with walk-in pantry
- Fully equipped with stainless steel appliances, a dishwasher, 900mm cooktop & rangehood.
- Low maintenance garden, featuring high-quality synthetic grass turf and garden beds.
- Zoned reverse cycle air conditioning.
- 2 well-appointed bathrooms, with a heat lamp for added comfort.
- Niche built into frameless showers for added storage.
- Remote-controlled double garage.
- Exposed aggregate concrete on the driveway with a designer paved walkway.
- First Home Owner Grant (FHOG), subject to eligibility.
- 30-minute drive from the city and 35-minute drive from Airport.
Nestled in a family-friendly neighbourhood and crafted with premium materials, this home is a sanctuary of style and comfort. Potential homeowners will appreciate the tranquil setting of Virginia Grove, with its combination of residential appeal and proximity to local amenities, ensuring that this residence is not just a house but a place to create lasting memories. Don't miss the chance to own a slice of sophistication; inquire today to secure your future in this exquisite property.
RLA 326078
Listing description written by Aditya Singh, Belle Property Adelaide City — reproduced as published, not verified by Districts.