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SA › Andrews Farm › Stebonheath Rd

615 Stebonheath Rd, Andrews Farm SA 5114

For saleHouse for Sale

$709,000–$779,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

1

Car spaces

807 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $709,000–$779,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $709,000–$779,000(Listing record · 14 Aug 2026)
  • CalculationAsk is 3% below the Andrews Farm median recorded sale ($730,000, n=77, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Andrews Farm's advertised median rent ($547/wk), implied gross yield would be 4.01% — 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

$709,000–$779,000

Asking range · $879/m² of land

No recorded sale for this property.

Andrews Farm at a glance

9,807

People

$730,000

Median sale

$547/wk

Median rent

3.90%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Andrews Farm report →

Vs Andrews Farm

-2.9%

Median sale

Suburb $730,000

+0.11 pp

Gross yield

Suburb 3.90%

Suburb median $730,000 from 77 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
$709,000
Stamp Duty (South Australia)
$32,825
Transfer/Registration Fee
$7,283
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
$752,808

$43,808 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 Andrews Farm's advertised median rent — not a rent for this listing.

Net yield
2.51%
Annual cashflow (pre-tax)
$-19,059
Interest cover (DSCR)
0.48
Annual rent
$28,444
Operating expenses
$10,635
Loan amount
$567,200
Annual interest
$36,868
Gross yield
4.01%

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$709,000–$779,000available14 Aug 2026

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 $547/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 4.0%. 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

Andrews Farm in one glance

Andrews Farm at a glance

9,807

People

$730,000

Median sale

$547/wk

Median rent

3.90%

Suburb gross yield

Median sale from 77 recorded sales (last 12 months) — a Districts calculation.

See the full Andrews Farm report →

Keep researching

  • Why Andrews Farm? Read the area thesis →
  • What else is on the market in Andrews Farm →
  • Other records on Stebonheath Rd →

Listing material

Listed by Edge Realty

A Standout Stebonheath Opportunity!

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Tyson Bennett, Mike Lao and Edge Realty RLA256385 are proud to present to the market a spacious three bedroom solid brick home, set on an impressive 807sqm (approx) allotment with a wide 22.6m (approx) frontage. Offering multiple living areas, generous outdoor space and plenty of scope to add your own touches over time, this is an exciting opportunity for families, upsizers, renovators and investors alike. Fully fenced and tucked behind established greenery, the home enjoys a welcome sense of privacy from the street.

Please note photographs of the property were taken in 2024 and are being reused as the property is currently tenanted on a fixed lease of $500pw in place until 01/11/2026.

Read the full description

Inside, the generous lounge provides plenty of room to gather with family and friends, with a heater nestled within a stone mantle and built-in shelving adding warmth and character. A second living space offers valuable flexibility for larger households, whether used as a family room, kids' retreat or relaxed everyday living zone, and also features its own heater. Roller shutters throughout provide an added layer of privacy, while the adjoining kitchen and dining area creates a practical hub for everyday life.

The spacious kitchen offers ample cabinetry and bench space, along with a gas cooktop, dishwasher and double sink. A breakfast bar provides a casual spot for quick meals or conversation while cooking, with the adjoining dining area making family dinners and entertaining easy.

Three bedrooms are positioned together along one side of the home, all featuring easy-care flooring and roller shutters. Bedrooms one and two include split system air conditioning, while bedrooms one and three have ceiling fans. Two bathrooms and separate toilets help take the pressure off busy households, with one bathroom featuring a spa bath for a relaxing soak. A large laundry with two troughs and direct outdoor access adds further practicality.

Outside, an expansive verandah provides an impressive all-weather entertaining area with plenty of room for outdoor dining, barbecues and larger gatherings. The substantial front yard reinforces the sense of space, while the 807sqm allotment with no easements offers plenty of potential for buyers with a vision (Subject to Approval from Council & All Other Relevant Authorities - STCA).

Key features you'll love about this home:

- 807sqm (approx) allotment with 22.6m (approx) frontage

- Three bedrooms, two bathrooms and multiple living areas

- Heater in both living areas

- Split system air-conditioning in two bedrooms

- Ceiling fans in dining and two bedrooms

- Roller shutters for added privacy

- Expansive all-weather verandah

- Fully fenced grounds with established greenery

Everyday convenience is close at hand, with local bus services within walking distance and Eyre Village Shopping Centre and Munno Para Shopping nearby for shopping and essentials. Families have access to nearby education options including John Hartley School and St Columba College, while Stebonheath Park, Webster Reserve and Kooranowa Reserve all provide a great local space to enjoy the outdoors. Adelaide CBD is approximately 40 minutes away, keeping the city within comfortable reach.

Call Tyson Bennett on 0437 161 997 or Mike Lao on 0410 390 250 to inspect!

Year Built / 1978 (approx)

Land Size / 807sqm (approx)

Frontage / 22.6m (approx)

Zoning / MPN-Master Planned Neighbourhood\EAC-Emerging Activity Centre

Local Council / City of Playford

Council Rates / $2,261.24pa (approx)

Water Rates (excluding Usage) / $767.40pa (approx)

Es Levy / $143.25pa (approx)

Current Rental / Fixed lease of $500pw until 01/11/2026

Estimated Rental / $530-$580pw

Title / Torrens Title 6258/341

Easement(s) / Nil

Encumbrance(s) / Nil

Internal Living / 162.1sqm (approx)

Total Building / 242.9sqm (approx)

Construction / Solid Brick

Gas / Connected

Sewerage / Mains

Selling Investment

For additional property information such as the Certificate of Title, please copy and paste this link into your browser: https://vltre.co/CrmboR

If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Tyson Bennett, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Toilets: 2
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.