Edwardstown at a glance
5,300
People
$1,011,000
Median sale
$578/wk
Median rent
2.97%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Edwardstown › De Laine Ave
$1,080,000
Last sold
21 Feb 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
669 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
$1,080,000
21 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Edwardstown (last 5 years) with land size have a median of $1,767/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
Edwardstown at a glance
5,300
People
$1,011,000
Median sale
$578/wk
Median rent
2.97%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Edwardstown
+6.8%
Median sale
Suburb $1,011,000
-0.19 pp
Gross yield
Suburb 2.97%
Suburb median $1,011,000 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 $578/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
Edwardstown at a glance
5,300
People
$1,011,000
Median sale
$578/wk
Median rent
2.97%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Gary J Smith Real Estate PlymptonBehind a secure front fence with gated entry, this classic ‘60’s colonial façade gives little indication of the sophisticated rejuvenation awaiting inside.
Lined with polished timber floors throughout, the entry opens onto an inviting lounge room with feature wall and big front and back picture windows inviting plenty of natural light.
An adjoining dining space is adjacent a renovated U-shaped kitchen with neutral finishes, large format tile splash back, double sink, dishwasher, wall oven and a decent amount of storage.
At the end of the wonderfully wide corridor, you’ll find a very generous master bedroom with substantial built-in robes overlooking the front yard. An additional two bedrooms are each equipped with robes, with an optional fourth bedroom able to convert to a home office, nursery or extra play space. The luxurious main bathroom has been superbly redesigned with full-height tiles, a large inset bath, dual floating vanity and frameless shower with rainfall showerhead.
An extra sitting space at the rear opens onto a beautiful alfresco space under the protection of a pitched roof pergola with ceiling fan. Here, the paving meets a sizeable strip of lawn perfect for little legs and furry friends, before raised garden beds dotted with established trees provide the ideal privacy booster to a beautiful – and low maintenance – north-facing backyard.
We love:
- Ducted reverse cycle air conditioning
- Gorgeous ornate ceilings
- Renovated separate laundry with great storage
- Second updated bathroom off of the laundry
- Double-length lock-up garage with alfresco access + plenty of secure off-street parking
- Detached storage/workshop with sink
- Large 669sqms (approx.) block with huge front yard
Within easy walking distance of It Takes A Village Café, The Crescent Reserve, Maid of Auckland and Avoca Hotels, bus and Edwardstown Railway Station, it’s a prime Edwardstown position with the likes of Castle Plaza, Edwardstown Oval and Playground, Forbes Primary School and shops within a kilometre radius, and perfectly central to city and sea.
Renovated but with original charm, sizeable but low-maintenance. Lots to love about this one.
Specifications:
CT / 5432 / 344
Built / 1965
Council / City of Marion
Zoning / General Neighbourhood
Council Rates / $1,932.01 pa
SA Water / $186.26 pq
ESL / $345,50 pa
Land / 669 sqm approx
Listing description written by Craig Smith, Gary J Smith Real Estate Plympton — reproduced as published, not verified by Districts.