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SA › Salisbury East › Gloucester Ave

57 Gloucester Ave, Salisbury East SA 5109

House

$660,000

Last sold

11 May 2024

4

Bedrooms

1

Bathrooms

2

Car spaces

594.66 m²

Land

109 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $660,000 (11 May 2024).(Recorded sale)
  • CalculationLand 595 m² against a 109 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Salisbury East (last 5 years) with land size: median $1,196/m² of land (n=85). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$660,000

11 May 2024 · derived via latest_sale

Local land rate: recorded House sales in Salisbury East (last 5 years) with land size have a median of $1,196/m² of land (n=85). Districts calculation from recorded sales — not a valuation.

Salisbury East at a glance

9,486

People

$812,000

Median sale

$564/wk

Median rent

3.61%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Salisbury East report →

Vs Salisbury East

-18.7%

Median sale

Suburb $812,000

+0.83 pp

Gross yield

Suburb 3.61%

Suburb median $812,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$660,00011 May 2024
  2. Listedprice unknowncompleted30 Apr 2024

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 $564/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

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

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

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

Salisbury East in one glance

Salisbury East at a glance

9,486

People

$812,000

Median sale

$564/wk

Median rent

3.61%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Salisbury East report →

Keep researching

  • Why Salisbury East? Read the area thesis →
  • What else is on the market in Salisbury East →
  • Other records on Gloucester Ave →

Listing material

Listed by Edge Realty

Modern Masterpiece - Your Serene Sanctuary Awaits!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*

Virtual Tour Link: https://my.matterport.com/show/?m=aUvBokEtVg8

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Read the full description

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this modern 4-bedroom renovated masterpiece. Nestled in a serene family-friendly avenue, this residence offers a blend of modern aesthetics and comfort, promising an exquisite lifestyle for discerning homeowners.

Upon arrival, be greeted by the easy-care landscaped front garden and stylish rendered façade, paired with an extra wide driveway providing a warm welcome home. The light filled lounge room is set at the front of the home, with arched windows, reverse cycle split-system air-conditioning, a gas heater and a soothing neutral colour palette that flows throughout.

From the lounge, you can step directly into the open plan kitchen and meals area with direct access via glass sliding doors to the rear verandah, ideal for indoor-outdoor entertaining. The home chef is sure to love whipping up a delicious meal in the gourmet kitchen with a suite of quality stainless appliances on hand including a gas cooktop and electric oven. Ample storage awaits within the large corner pantry and overhead cupboards, while sweeping laminate benchtops, complete with a breakfast bar, beckon for casual dining moments.

Entertain in style as you seamlessly transition from indoors to outdoors through glass sliding doors, leading to the covered verandah spanning the full width of the home. Surrounded by low-maintenance gardens and a sunny paved patio, this alfresco space sets the scene for memorable gatherings and summer BBQs with loved ones. Also housed under the rear verandah is the convenient outdoor powder room plus there is an external rumpus room, perfect to set up your home office, games room or teenager's retreat.

Continue through the rest of the residence to discover four bedrooms, all with new laminate floating floors underfoot and two fitted with built-in robes. To service them is the laundry with external access and main bathroom with a step-in shower, soaking bath, vanity and separate toilet.

Key features you'll love about this home:

- Reverse cycle split-system air-conditioning and gas heating in the lounge

- Ceiling fan in the master bedroom

- Security doors and automatic roller shutters

- Double length carport with an automatic roller door

- Separate garage/shed with lined rumpus room

- Freshly painted interior and rendered facade

- New laminate floating floors in kitchen/dining and all bedrooms

- Instant gas hot water

With everything you could ever need nearby, this could be the life of convenience you've been dreaming of. You are in close proximity to Tyndale Christian School and Salisbury East High School as well as picturesque reserves including the Norwich Road Reserve and Cobbler Creek. To top it off, this wonderful abode is a mere 5-minute drive away from Saints Shopping Centre and 35 minutes from the Adelaide CBD, offering the optimal balance of suburban living.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 1975 (approx)

Land Size / 594.66sqm (approx)

Frontage / 19.51m (approx)

Zoning / GN-General Neighbourhood

Local Council / City of Salisbury

Council Rates / $1,449.08 pa (approx)

Water Rates (excluding Usage) / $614.80 pa (approx)

Es Levy / $115.75 pa (approx)

Estimated Rental / $600-$660pw

Title / Torrens Title 5455/336

Easement(s) / Nil

Encumbrance(s) / Nil

Internal Living / 109sqm (approx)

Total Building / 229.3sqm (approx)

Construction / Solid Brick

Gas / Connected

Sewerage / Mains

Relocating

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/1qKe6r

If this property is to be sold via Auction, the Vendors Statement (Form 1) may be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Gas Heating
  • Outdoor Entertaining
  • Rumpus Room
  • Secure Parking
  • Shed
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.