Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
SA › Wattle Park › Ilfracombe Dr
$1,261,000
Last sold
12 Oct 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
612 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
$1,261,000
12 Oct 2022 · derived via latest_sale
Local land rate: recorded House sales in Wattle Park (last 5 years) with land size have a median of $1,814/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Vs Wattle Park
-14.1%
Median sale
Suburb $1,467,500
+0.37 pp
Gross yield
Suburb 2.24%
Suburb median $1,467,500 from 12 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 $632/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
Wattle Park at a glance
1,956
People
$1,467,500
Median sale
$632/wk
Median rent
2.24%
Suburb gross yield
Median sale from 12 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Smallacombe Real Estate Mitcham~ Auction: Wednesday 12th October @ 1:00pm (unless sold prior) ~
Perfectly positioned, solid brick family home, privately and peacefully set in a tree lined cul de sac. A brilliant location, so close to St Peters Girls School and some stunning nature reserves.
This well built and spacious home includes the perfect mix of both casual and formal living areas. Comprising of:
* Great size living and dining room with timber flooring and pretty garden outlook
* Upgraded kitchen with excellent storage including pantry, induction cooking and dishwasher overlooking the causal meals and family room (option for gas conversion for cooktop is available)
* Open plan living flowing out to a huge, pitched roof alfresco area, creating an indoor/outdoor entertainment zone. Complete with outdoor blinds to allow for year-round usage and a mains gas connection for your BBQ, this is the perfect space for large gatherings with family and friends
* Separate bedroom wing providing 3 great size bedrooms. Bed 3 has built in cupboards, shelving and desk making it the ideal study and work from home option and bed 2 has a BIR
* Master bedroom with an ensuite and walk in robe
* Family bathroom located centrally to the bedrooms plus a convenient powder room (3rd toilet) for visitors
* Year-round comfort with modern ducted reverse cycle air conditioning, ceiling fans and internal gas connections for portable gas heaters
* Energy efficient 6 panel solar system ~ save on electricity costs
* Double garage with auto doors plus 3rd roller door at rear, leading up to the covered courtyard ~ no getting caught in the rain
* Wheelchair friendly ramp from the garage to the courtyard, also ideal for shopping trolleys, and is also accessible via the dining room door
* Numerous sensor and flood lights around the property as well as a security system, creating a secure, lock up and leave home
Set on easily managed grounds (612sqm approx.) with fruit trees, room for a veggie patch and a garden shed. The rear garden has also been fitted with lights for picking lemons, limes, oranges, and other produce that one may need in the evening.
So convenient to many facilities ~ walk to Bell Yett Reserve and Ferguson Conservation Park as well as Saint Peters Girls School. Easy access to the city, Marryatville and Norwood/Morialta schools as well as shops (Burnside Village and Norwood Parade), local cafes and public transport.
A must to inspect.
* Please Note: The Vendor has elected to sell this property without a price/price range and Government regulations prevent us from making any 'price/value' statement in this case. If you are interested, we can provide you with a print-out of ALL recent local sales to help you with your market research. This can be obtained at an open inspection or we can email a copy to you. If required, the Vendor will set a Reserve Price before the Auction, taking into account market feedback. *
** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with are displaying any flu like symptoms please do not attend property viewings. **
Council: City of Burnside
Council Rates: $2,023.75 per annum
SA Water: $256.71 per quarter
ESL: $226.85 per annum
Land Size: 612sqm (approx.)
Year Built: 1985
Zoning: Hills Neighbourhood
Listing description written by Janet Hansen-Smith, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.
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