Clovelly Park at a glance
3,248
People
$956,100
Median sale
$573/wk
Median rent
3.12%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Clovelly Park › Australian Ave
$600,000
Last sold
20 Sept 2022
3
Bedrooms
1
Bathrooms
4
Car spaces
715 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
$600,000
20 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Clovelly Park (last 5 years) with land size have a median of $1,824/m² of land (n=70). Districts calculation from recorded sales — not a valuation.
Clovelly Park at a glance
3,248
People
$956,100
Median sale
$573/wk
Median rent
3.12%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Clovelly Park
-37.2%
Median sale
Suburb $956,100
+1.85 pp
Gross yield
Suburb 3.12%
Suburb median $956,100 from 15 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 $573/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
Clovelly Park at a glance
3,248
People
$956,100
Median sale
$573/wk
Median rent
3.12%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Realm RealtyA WARNING NOTICE TO OPEN INSPECTION ATTENDEES: Please note this property is to be viewed and sold as is, in its current condition. Multiple health and safety hazards exist on site due to the home and gardens current state of repair – no children under the age of 12 will be allowed, even when accompanied, on site. Realm Realty, its agents, employees and vendors do not make any warranty's regarding the dwelling condition or assume any liability for those members of the public attending open inspections – they do so at their own risk.
A restoration & renovation challenge. A large allotment to clear for a sizable family home. A prospective subdivision. *
What was once a stylish 1950's family home with a spacious floorplan and charming deco features now sits in a state of disrepair – untouched and unloved, for many years. Three large bedrooms, a large kitchen and dining room and spacious L-shaped lounge comprise the homes layout. In its current state, we do not deem the home to be liveable and on the surface, ceilings and cornices will need repair in places, electrical re-wiring, kitchen and bathroom remodelling, carpets and linoleum removed, the sunroom will need to be rebuilt or removed, gates and a new garage door installed and a few very green thumbs to tend the garden and landscaping. On the upside, the modern 6m x 9m shed, looks to be in remarkably good condition.
Peel back the layers and at 57 Australian Ave, reward may favour the bold; their time & their effort.
A total site area of 715m2 and a north facing orientation in close proximity to Clovelly Park Primary will be of interest to growing families and developers alike. Concept plans for division can be provided to those interested – we recommend pre-lodgement discussion is undertaken with Council to ensure they can support the division.
Enjoying sustained growth, nearby infrastructure improvements and gentrification in recent years, Clovelly Park presents itself as a precinct with tremendous prospects. A short distance from Flinders Medical Centre and Flinders University, the Westfield Marion Shopping Complex, Tonsley Innovation District, Hamilton Secondary and Clovelly Park Primary School, Café's, public transport, shops and open spaces.
CT 5443 // 272
Torrens Titled
Zoned – General Neighbourhood
City Council of Marion
Council rates $1,794.68 p/a approx.
SA Water rates $176.56 p/q approx.
Built in 1953 (approx.)
North facing orientation
715 m2 allotment
145.2 m2 internal area
*Any prospective purchasers should do their due diligence with regards to any envisaged improvements with the local council. Some improvements, such as subdivision, will be subject to council approval.
If you are looking to call 57 Australian Avenue your home, then call George Atsalis on 0421 935 786.
Offer form link: https://forms.gle/rBBx9NN8nzJSNcoS7
The Form 1 (Vendors Statement) will be on display at the Realm Realty offices, Ground Floor, Suite 91 / 1 George Street Parkside for 3 business days prior to the Auction date and 30 minutes prior to the Auction commencement on-site. A digital copy of the Form 1 will be made available to those wishing to register to bid.
Disclaimer: Realm Realty, its agents, employees and media partners make every effort to ensure that the information presented here is true and accurate. In order to gather our information, we do rely on third party sources and therefore cannot give any guarantee or warranty with reference to the information, statements, dimensions, rates or figures contained within.
RLA 306873
Listing description written by George Atsalis, Realm Realty — reproduced as published, not verified by Districts.
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