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SA › Andrews Farm › Elkhorn Cres

6 Elkhorn Cres, Andrews Farm SA 5114

For saleHouse

$850,000–$870,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

375 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $850,000–$870,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $850,000–$870,000(Listing record · 26 Aug 2026)
  • CalculationRecorded House sales in Andrews Farm (last 5 years) with land size: median $1,603/m² of land (n=92). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 16% above the Andrews Farm median recorded sale ($730,000, n=77, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Andrews Farm's advertised median rent ($547/wk), implied gross yield would be 3.35% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$850,000–$870,000

Asking range · $2,267/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Andrews Farm (last 5 years) with land size have a median of $1,603/m² of land (n=92). Districts calculation from recorded sales — not a valuation.

Andrews Farm at a glance

9,807

People

$730,000

Median sale

$547/wk

Median rent

3.90%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Andrews Farm report →

Vs Andrews Farm

+16.4%

Median sale

Suburb $730,000

-0.55 pp

Gross yield

Suburb 3.90%

Suburb median $730,000 from 77 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$850,000
Stamp Duty (South Australia)
$40,580
Transfer/Registration Fee
$8,753
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$903,033

$53,033 on top of the price (6.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Andrews Farm's advertised median rent — not a rent for this listing.

Net yield
1.85%
Annual cashflow (pre-tax)
$-28,506
Interest cover (DSCR)
0.36
Annual rent
$28,444
Operating expenses
$12,750
Loan amount
$680,000
Annual interest
$44,200
Gross yield
3.35%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$850,000–$870,000available26 Aug 2026

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 $547/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

Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Andrews Farm in one glance

Andrews Farm at a glance

9,807

People

$730,000

Median sale

$547/wk

Median rent

3.90%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Andrews Farm report →

Keep researching

  • Why Andrews Farm? Read the area thesis →
  • What else is on the market in Andrews Farm →
  • Other records on Elkhorn Cres →

Listing material

Listed by Ray White Tea Tree Gully

Blue chip investment - 52k rental PA and Govt Grants available - check the eligibility

Positioned in the thriving northern suburb of Andrews Farm, this outstanding 4-bedroom display home is in vibrant Brookmont at the price that is surprisingly affordable. This home has it all with a spacious kitchen and walk in pantry, a luxurious master bedroom suite with "his and hers" robes and a spacious ensuite, and a home theatre.

Sold with an existing leaseback tenant contract to the Hickinbotham Group, this property offers an exceptional opportunity for investors seeking guaranteed corporate tenancy and premium presentation, as well as future owner-occupiers looking to secure a professionally styled, turn-key residence. Offering all the advantages of a professionally styled, move-in-ready residence, it presents an exciting opportunity for families, owner-occupiers and investors seeking a quality home in a rapidly developing location.

A wide frontage creates striking street appeal, while manicured gardens and secure fencing provide an inviting entrance with added privacy and peace of mind.

Read the full description

At the centre of the home is an expansive open-plan kitchen, dining and living area, complemented by a separate lounge or second living space. Together, these versatile zones provide growing families with plenty of room to relax, entertain and spend time together.

Bright, contemporary and beautifully appointed, the kitchen features streamlined white cabinetry, sleek metallic handles and a long central island incorporating a built-in sink, generous preparation space and additional storage. Three woven pendant lights introduce warmth and texture, creating an eye-catching contrast against the crisp, neutral finishes.

Light timber flooring flows through the main living areas, enhancing the home's bright and welcoming atmosphere, while recessed lighting provides clean, modern illumination. Reverse-cycle air conditioning ensures year-round comfort.

The accommodation comprises four well-proportioned bedrooms, each finished with soft carpet and generous windows that welcome an abundance of natural light and fresh air.

The impressive master suite offers a private retreat, complete with dual walk-in robes and a stylish ensuite featuring double vanities, premium fixtures and sophisticated neutral-toned finishes.

Bedroom two also includes a walk-in robe, while bedrooms three and four are equipped with built-in robes, providing excellent storage for every member of the family.

Continuing the home's cohesive design, the main bathroom features a calming neutral palette and a spacious bathtub-perfect for unwinding at the end of a busy day.

Seamlessly connected to the main living area, the outdoor entertaining space provides the ideal setting for weekend barbecues, family celebrations or relaxed afternoons with friends. Beautifully maintained gardens complete the outdoor environment, delivering an attractive yet easy-care setting.

Located in the ever-growing suburb of Andrews Farm, the property enjoys convenient access to local schools, childcare facilities, parks, public transport and major shopping destinations, including Munno Para Shopping City and Playford Marketplace. Easy access to the Northern Expressway also makes commuting towards the Adelaide CBD simple and convenient.

With continued investment in local infrastructure and a welcoming, family-friendly atmosphere, Andrews Farm remains a popular choice for homeowners and investors alike.

Property Highlights

• Rental Return $52,110 PA

• Built by SA Housing Centre, part of the Hickinbotham Group

• Total land area of 375 sqm

• Blue chip investment opportunity

• Lease is for 5 years with 1 year rent guaranteed

• Built in 2024

• Zero maintenance, Premium brand-new furniture's included

• Landscaped and irrigated front and rear gardens

• Expansive open-plan kitchen, dining and living area

• Separate lounge or second family living space

• Contemporary kitchen with streamlined white cabinetry

• Large central island with built-in sink and storage

• Gas cooktop, built-in oven and stainless-steel refrigerator

• Walk-in pantry with open shelving

• Three statement woven pendant lights

• Light timber flooring throughout the main living areas

• Air- conditioning and alarm system included

• Master suite with dual walk-in robes

• Ensuite with double vanity and quality fixtures

• Bedroom two with walk-in robe

• Bedrooms three and four with built-in robes

• Carpeted bedrooms with large windows

• Stylish family bathroom with spacious bathtub

• Connected outdoor entertaining area

• Beautifully maintained, low-maintenance gardens

• Convenient access to schools, shopping, transport and major road links

Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.

DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

RLA356785

Listing description written by Deep Solanki, Ray White Tea Tree Gully — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

Also look at

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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.