Wayville at a glance
1,961
People
$1,710,000
Median sale
$546/wk
Median rent
1.66%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
SA › Wayville › Davenport Tce
$1,309,000
Last sold
17 Oct 2020
3
Bedrooms
4
Bathrooms
5
Car spaces
919 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
$1,309,000
17 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Wayville (last 5 years) with land size have a median of $3,093/m² of land (n=21). Districts calculation from recorded sales — not a valuation.
Wayville at a glance
1,961
People
$1,710,000
Median sale
$546/wk
Median rent
1.66%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Vs Wayville
-23.5%
Median sale
Suburb $1,710,000
+0.51 pp
Gross yield
Suburb 1.66%
Suburb median $1,710,000 from 9 recorded sales (last 24 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 $546/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
Wayville at a glance
1,961
People
$1,710,000
Median sale
$546/wk
Median rent
1.66%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Turner Real Estate AdelaideSOLD at AUCTION by Josh Edgar 0433 233 466
A rare gem on Davenport Terrace
First time offered to the market in 50 years, these larger parcels of land in prestigious suburbs are coming harder and harder to come by.
A single Torrens title currently used as 3 serviceable flats (all vacant), a large separate laundry and a rear garage (with another studio, kitchen and bathroom), this is the perfect passive income for the savvy investor who knows value. This circa 1900 symmetrical cottage on a sizable 919sqm parcel of land with valuable rear lane access also lends itself to a magical renovation and transformation to an enjoyable family home without compromising space.
Several sheds, carports, fruit trees, water tanks and watering systems are all valuable infrastructure already in place for the new owner to continue the sustainable lifestyle this suburban getaway offers.
Unit 1 – Bed-sit flat with ceiling fan, eat-in kitchen with electric cooktop and oven, a bathroom with basin, WC and shower
Unit 2 – Entrance via the main front door, single bedroom / lounge with air conditioner, long hallway, galley style kitchen with electric cooktop and oven, bathroom with basin, WC and shower
Unit 3 – 1 bedroom with ceiling fan, 1 living/dining room with air conditioner, galley style kitchen with electric cooktop and oven, bathroom with basin, WC and shower over bathtub.
Features I love about this home!
• Large 919sqm parcel of land with commanding frontage of 15.24m
• Established gardens and fruit trees
• Multiple uses (leave 1 flat and convert and renovate the other 2 into 1?)
• Rear lane access
• Large garage with high roller door
• Rear studio with kitchen and bathroom
• Loads of storage
• Beautiful location
• Enduring character and architecture in great condition
Being sold in an “AS IS” manner, what is left at the property at the time of sale and settlement will make up the inclusions of contract.
The Vendor's Statement (Form 1) will be available for perusal by members of the public:-
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction commences.
CT / Vol 5361 Fol 383
Year built / 1900
Equivalent Building Area / 169sqm
Land Size / 919sqm
Council Rates / TBA
Water & Sewer / TBA
ESL / TBA
Torrens Title
Council / Unley
Zoning / Policy Area 9
Frontage / 15.24m
Depth / 60.35m
Speak to TURNER Property Management about managing this property
#expectmore
Josh Edgar 0433 233 466
Listing description written by Josh Edgar, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.
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