Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Northfield › Folland Ave
$700,000
Last sold
22 Dec 2021
4
Bedrooms
2
Bathrooms
4
Car spaces
367 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
$700,000
22 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Northfield (last 5 years) with land size have a median of $1,735/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Northfield
-24.4%
Median sale
Suburb $926,250
+1.19 pp
Gross yield
Suburb 3.71%
Suburb median $926,250 from 26 recorded sales (last 12 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 $660/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
Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elite Real Estate SA Elite RentalsModern, Spacious and Stylish 4 Bedroom Home!
Built in 2006, 60 Folland Avenue has great street appeal and style amongst other quality homes and is well positioned on a corner allotment of 367 m2 - So much to offer with welcoming entrance and generous open plan design.
Double car garage (both internal and rear drive through access), 4 spacious bedrooms upstairs and 3 living areas downstairs with private alfresco entertaining area.
Open plan kitchen, dining & living areas are sure to impress. A sleek full height, glass bay window by the dining setting, draws in ample light and allows you to enjoy your own private yard.
MasterChef kitchen for entertaining in style, is sparkling clean and presents well with its stone tops, European appliances (Franke s/s gas cooktop, electric fan forced under bench oven with matching rangehood). Fisher Paykel dish drawers are super handy and the modern rectified edge floor tiles, flow all the way through to the front entranceway.
Light filled formal lounge at the front of the home and adjoining office/study are so practical and complete a very usable ground floor.
Upstairs the Master suite has its own balcony, large walk in robe and sparkling ensuite. So much room to set up a private sitting area within the master suite, and a lounge and TV just down the hall in the extra living / retreat area.
Bedrooms 3 and 4 both have built in robes with mirrored doors, whilst Bedroom 2 has a large walk through robe/linen room for extra storage. All bedrooms are generous in size and ceilings are 2.4 metres upstairs and an impressive 2.7 metres downstairs.
Main bathroom also impresses with generous shower with semi frameless screens, full size spa bath, vanity and separate w/c.
A quality property in a prominent location, so close to Northgate Lake and Reserve, Shopping Centre and a mere 10km to the CBD.
Ready to just move in and enjoy, complete with security system, ducted vacuum, reverse cycle fully zoned Mitsubishi air, Rinnai 26 instant hot water and so much more.
For genuine sale - Price guide $625,000 to $675,000 with Best Offers By 1pm Tuesday 14th December 2021 (USP), Contact Richard Wedding on 0418 351 007 for more details.
Listing description written by Richard Wedding, Elite Real Estate SA Elite Rentals — reproduced as published, not verified by Districts.