Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
3
Bedrooms
1
Bathrooms
5
Car spaces
833 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Marion (last 5 years) with land size have a median of $1,871/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
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
Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gary J Smith Real Estate PlymptonA northerly aspect, most convenient Marion position and 833sqms (approx.) to play with are just the beginning of what you'll love about 6 Farne Terrace.
As it stands, this tidy one-owner home is set back from the road behind a generous front lawn and plenty of off-street parking. The existing floor plan consists of a carpeted front lounge room with feature gas heater, up to three bedrooms, a renovated bathroom with separate toilet and laundry, updated kitchen with shaker-style cabinetry, induction cooktop, wall oven and infinite storage, huge tiled rear family room/rumpus extension with split system air conditioner and exposed beams onto an expansive backyard with no shortage of legroom.
Securely fenced with lawn space fit for full-sized backyard games or adventurous little ones or furry friends, you'll find established citrus and fruit trees dotted along the fencelines, as well as a substantial paved area and drive-through access to a rear double garage with power and automatic roller door.
With a wide 21m (approx.) frontage on such a large block, you can continue to tweak the renovations, extend, rebuild your dream home or redevelop with 3 new dwellings (all subject to council consents); the opportunities are endless here!
Let's talk location. Within walking distance you'll find the likes of Westminster School and Hamilton Secondary College along with Oaklands Estate Kindergarten and Westminster ELC, the Oaklands Wetlands Reserve, Park Holme Shopping Centre, Marion Hotel & Cellars, local institution Delhi Spice and, of course, bus and train transport. Central to Westfield Marion, Castle Plaza and Pasadena Shopping Centres, the Tonsley precinct and Flinders University are within easy reach, as is the CBD (10kms) and the beach (6kms).
A well-loved family home ready for its next adventure – a fabulous opportunity not to be missed!
Specifications:
CT / 5634 /392
Council / Marion
Zoning / GN - General Neighbourhood
Built / 1960
Land / 833sqm approx.
Frontage / 21m approx.
Listing description written by Chanelle Ats, Gary J Smith Real Estate Plympton — reproduced as published, not verified by Districts.