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SA › Edwardstown › Furness Ave

58 Furness Ave, Edwardstown SA 5039

House

$650,000

Last sold

13 Dec 2022

4

Bedrooms

2

Bathrooms

2

Car spaces

409 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $650,000 (13 Dec 2022).(Recorded sale)
  • FactLand 409 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Edwardstown (last 5 years) with land size: median $1,767/m² of land (n=84). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$650,000

13 Dec 2022 · derived via latest_sale

Local land rate: recorded House sales in Edwardstown (last 5 years) with land size have a median of $1,767/m² of land (n=84). Districts calculation from recorded sales — not a valuation.

Edwardstown at a glance

5,300

People

$1,011,000

Median sale

$578/wk

Median rent

2.97%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Edwardstown report →

Vs Edwardstown

-35.7%

Median sale

Suburb $1,011,000

+1.65 pp

Gross yield

Suburb 2.97%

Suburb median $1,011,000 from 26 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$650,00013 Dec 2022
  2. Listedprice unknowncompleted22 Nov 2022

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 $578/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

Edwardstown in one glance

Edwardstown at a glance

5,300

People

$1,011,000

Median sale

$578/wk

Median rent

2.97%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Edwardstown report →

Keep researching

  • Why Edwardstown? Read the area thesis →
  • What else is on the market in Edwardstown →
  • Other records on Furness Ave →

Listing material

Listed by Raine & Horne Unley

Torrens Titled home on a low-maintenance allotment

Sited in Policy Area 16 in the City of Marion this 4-bedroom, Torrens Titled home on a low-maintenance allotment of approximately 409m2 could be yours!

The home is in original condition and is suitable for live-in or as a rental investment to add to your portfolio. With 4 bedrooms, a large formal living room, 2nd separate lounge room and an eat-in galley style kitchen, this home represents a great investment in the growing area of Edwardstown with loads of future potential.

For your security there is a private and gated front yard with lawned area and single undercover carport with space for an additional car.

Read the full description

The large Main Bedroom has built-in cupboards and is across from the formal living room which comes with a gas heater and split system air con. Bedroom 2 and 3 both have ceiling fans. We have a main bathroom and a 2nd bathroom adjacent which brings you through into the lounge/laundry area and the 4th bedroom/study. With a combination of polished floors and carpets throughout and a tiled kitchen for easy convenient cleaning. The neat kitchen comes with great storage, gas cooktop and casual meals area.

Outside you'll find a paved rear yard with undercover entertaining area, making for an easy-maintenance lifestyle.

The location is just fantastic! With local transport routes close by and Castle Plaza shopping centre 500m away you are well catered for. Want more? Westfiled Marion is only 10mins away and the Adelaide CBD a short 15min drive. Woodlands Park Train Station is a mere 2min walk!

Schooling is well catered for with many schools in close proximity such as: Edwardstown Primary School, Ascot Park Primary, Forbes Primary, St Anthony's just to name a few.

Set on an easy care allotment of 409sqm, this home represents great value. Secure your future in a growing area today!!

*Disclaimer: Neither the Agent nor the Vendor accept 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 are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Listing description written by Jacky Yang, Raine & Horne Unley — reproduced as published, not verified by Districts.

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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.