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SA › Redwood Park › Watson St

6 Watson St, Redwood Park SA 5097

For saleHouse for Sale

$840,000–$880,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

5

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $840,000–$880,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $840,000–$880,000(Listing record · 30 May 2025)
  • CalculationAsk is 1% below the Redwood Park median recorded sale ($852,500, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Redwood Park's advertised median rent ($616/wk), implied gross yield would be 3.81% — 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

$840,000–$880,000

Asking range

No recorded sale for this property.

Redwood Park at a glance

5,413

People

$852,500

Median sale

$616/wk

Median rent

3.76%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Redwood Park report →

Vs Redwood Park

-1.5%

Median sale

Suburb $852,500

+0.05 pp

Gross yield

Suburb 3.76%

Suburb median $852,500 from 16 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
$840,000
Stamp Duty (South Australia)
$40,030
Transfer/Registration Fee
$8,648
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
$892,378

$52,378 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 Redwood Park's advertised median rent — not a rent for this listing.

Net yield
2.31%
Annual cashflow (pre-tax)
$-24,248
Interest cover (DSCR)
0.44
Annual rent
$32,032
Operating expenses
$12,600
Loan amount
$672,000
Annual interest
$43,680
Gross yield
3.81%

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$840,000–$880,000available30 May 2025

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 $616/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 3.8%. 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

Redwood Park in one glance

Redwood Park at a glance

5,413

People

$852,500

Median sale

$616/wk

Median rent

3.76%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Redwood Park report →

Keep researching

  • Why Redwood Park? Read the area thesis →
  • What else is on the market in Redwood Park →
  • Other records on Watson St →

Listing material

Listed by LJ Hooker Craigmore/Elizabeth

Absolutely Stunning - Updated Family Home with Beautiful Views!

Prepare to be wowed by this beautiful family home in the heart of Redwood Park. Nestled in a quiet street and just moments from scenic creeks and walking trails, this residence offers the perfect blend of lifestyle, location, and luxury.

From the moment you arrive, the home's street appeal sets the tone for what's to come. Step inside and be welcomed by a modern, neutral colour palette that flows effortlessly throughout. Every inch of this property has been thoughtfully updated, allowing you to simply move in and start enjoying immediately.

This home is designed to impress at every turn. You'll love the formal lounge and dining area�perfect for entertaining or unwinding in comfort. The updated kitchen is both functional and stylish, and it overlooks the separate family room, creating a hub for daily living. The master bedroom is a true retreat, complete with his and hers built-in robes and direct access to the beautifully renovated two-way bathroom.

Read the full description

Step outside and the features continue to shine. A stunning undercover verandah area is perfect for entertaining year-round. There's a huge enclosed carport, a rear double garage, and plenty of storage space to cater to all your needs. The backyard is a true standout, featuring a custom-built cubby house for the kids, a lovely grassed section to play or relax, and a decked area perfect for entertaining.

And let's not forget the breathtaking views�gaze out over the city skyline and foothills from your own peaceful oasis.

Key features we love:

- Modern Updates Throughout

- Beautiful Views

- Ducted Heating and Cooling

- Secure Off Street Parking

- Great Family Location

- 719sqm (approx.)

Specifications:

- CT / 5680/761

- Council / Tea Tree Gully Council

- Built / 1981

- Land / 719m2 (approx.)

- Easements / Nil

- Estimated rental assessment / $630-$660 per week

Perfectly positioned for family living, this home offers exceptional convenience with a range of amenities nearby. Enjoy close proximity to several local shopping centres, as well as the ever-popular Tea Tree Plaza, home to a wide variety of restaurants, retail stores, a cinema, and more. Families will appreciate the choice of quality schools in the area, including Banksia Park and Modbury Heights High Schools, along with Redwood Park, Ridgehaven, and St Francis Xavier for primary education. It's a location that truly caters to every stage of family life.

This home is packed with features and absolutely not to be missed. The list truly goes on, and the only way to appreciate it all is to see it for yourself.

Contact Andrew Rose today for more information or to be among the first to view. Homes like this don't last long!

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.

RLA155355

Listing description written by Andrew Rose, LJ Hooker Craigmore/Elizabeth — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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