Payneham South at a glance
1,819
People
$1,330,000
Median sale
$572/wk
Median rent
2.24%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
SA › Payneham South › Devitt Ave
$1,015,000
Last sold
6 Apr 2021
4
Bedrooms
3
Bathrooms
3
Car spaces
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
$1,015,000
6 Apr 2021 · derived via latest_sale
Payneham South at a glance
1,819
People
$1,330,000
Median sale
$572/wk
Median rent
2.24%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Vs Payneham South
-23.7%
Median sale
Suburb $1,330,000
+0.69 pp
Gross yield
Suburb 2.24%
Suburb median $1,330,000 from 9 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 $572/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
UnknownArea
Payneham South at a glance
1,819
People
$1,330,000
Median sale
$572/wk
Median rent
2.24%
Suburb gross yield
Median sale from 9 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by MichaelKris Real EstateAT A GLANCE:
*Land size 748m2 (approx.) *Living area 275m2 (approx) *C1994 built *Solid Brick *Potentially 4 Bedrooms *3 Bathrooms *Formal Lounge *Formal Dining Room *Games/4th Bedroom *Huge Open Plan Living Area *Solid Built Kitchen *Undercover Alfresco *2nd Undercover Entertaining Area *Large Garage with Kitchenette *Rear Garage/Workshop *Cellar *Rainwater Tanks
THE LOCATION:
This property is set in one of Adelaide's sought-after locations; within minutes to the CBD, public transport on Portrush Road, UniSA Magill Campus, Elite Schools including Pembroke and St Joseph's, Marden Shopping Centre, Firle Shopping Centre, The Parade and Magill Road.
THE PROPERTY:
The home has attractive street appeal and privacy and security with gated entry. The massive floor plan will amaze those looking for a substantial home to accommodate the extended family. Potentially offering 4 large bedrooms, master with walk-in robe, built-in robe and ensuite.
The central hallway leads through to a number living areas, including formal lounge, separate formal dining room and the outstanding family/living area comprising a solid built timber kitchen with plenty of storage cupboards and bench space overlooking the family and meals areas with a freestanding gas log heater and easy-care floor tiles. The adjoining games room is certainly a great asset for those looking for extra space for the teenagers or guests. The home offers 2 more well-presented bathrooms, one with spa bath and there is a spacious laundry with wall to wall built-in cupboards.
Other internal features include parquetry flooring in formal areas, lovely timber doors with leadlight features, ornate ceiling roses, ducted reverse cycle air conditioning, solar system, security system and NBN connected.
Outside areas are well presented and offer plenty of entertaining options; the huge garage is currently set up with a kitchenette and there Is a private gabled roof outdoor entertaining area. The rear garden area has established lawn/plants and there is a good size garden shed with panel door. As a special bonus there is a 3mx4m cellar under the garage.
As you can see this is no ordinary home and the location is brilliant.
"PLEASE NOTE the Form 1 - Vendor's Statement (Section7) Land and Business (Sale and Conveyancing) Act 1994 may be inspected at MichaelKris Real Estate office located at 538 Grange Road, Henley Beach for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts."
Listing description written by Michael Georgiadis, MichaelKris Real Estate — reproduced as published, not verified by Districts.
Nearby 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.