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SA › Kingswood › Kyre Ave

62 Kyre Ave, Kingswood SA 5062

House

$925,000

Last sold

4 Dec 2018

3

Bedrooms

1

Bathrooms

2

Car spaces

799 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $925,000 (4 Dec 2018).(Recorded sale)
  • FactLand 799 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kingswood (last 5 years) with land size: median $2,349/m² of land (n=33). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$925,000

4 Dec 2018 · derived via latest_sale

Local land rate: recorded House sales in Kingswood (last 5 years) with land size have a median of $2,349/m² of land (n=33). Districts calculation from recorded sales — not a valuation.

Kingswood at a glance

2,564

People

$1,618,888

Median sale

$604/wk

Median rent

1.94%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Kingswood report →

Vs Kingswood

-42.9%

Median sale

Suburb $1,618,888

+1.46 pp

Gross yield

Suburb 1.94%

Suburb median $1,618,888 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$925,0004 Dec 2018
  2. Listedprice unknowncompleted10 Oct 2018

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 $604/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

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

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

Kingswood in one glance

Kingswood at a glance

2,564

People

$1,618,888

Median sale

$604/wk

Median rent

1.94%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Kingswood report →

Keep researching

  • Why Kingswood? Read the area thesis →
  • What else is on the market in Kingswood →
  • Other records on Kyre Ave →

Listing material

Listed by Turner Real Estate Adelaide

Join the reinvigoration of Kingswood.

Within the avenues of Kingswood, homes are either being renovated, or demolished and rebuilt. In this quiet cul-de-sac alone, between Harrow Tce and this home, there are 3 or 4 homes undergoing major renovations, and on the other side of Harrow Tce. in Kyre Ave. a stone fronted home sold in 2010 has been demolished and the land is being rebuilt on, with an architect designed home. Purchasers with a view to the long term, that value the low density development guidelines of the area, together with the facilities and infrastructure of quality public and private schools, shopping, and public transport, want to be here.

Kingswood is close to the city and with the Mt. Lofty Ranges providing a pretty backdrop, the suburb has the feel of being on the edge of the countryside. For this home at the end of the cul-de-sac, neighbouring Urrbrae wetlands, Unley and Urrbrae High School, the effect of country living is accentuated.

This 1920s bungalow is comfortable now, and prior to this owner, was owned for approximately 40 years by the one family enjoying the absolute quality of the location. The home provides the purchaser with a number of opportunities, it can be lived in comfortably, while future renovations or demolition and reconstruction are considered, (subject to all necessary consents) or will make an excellent investment for the investor with an eye to the future. On approximately 799sqm of land with a 15.24 metre frontage and 52.43 metre depth, this property will provide the astute purchaser with the opportunity to discover the reinvention of Kingswood from within. The intensity of recent development within the area will continue to positively influence the market value of every property, as it has done in other areas that have experienced rejuvenation, and those that live here now will be the beneficiaries.

Read the full description

Dont find out what the cost of lost opportunity is the hard way.

C.T. Volume 5668 Folio 713

Speak to TURNER Property Management about managing this property and

TURNER FINANCE for your loan requirements

#expectmore

Listing description written by Michael Finlay, Turner Real Estate Adelaide — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2

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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.