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SA › Torrens Park › Princes Rd

62 Princes Rd, Torrens Park SA 5062

House

$2,145,000

Last sold

21 July 2024

4

Bedrooms

3

Bathrooms

3

Car spaces

600 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 $2,145,000 (21 July 2024).(Recorded sale)
  • FactLand 600 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Torrens Park (last 5 years) with land size: median $1,833/m² of land (n=51). 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

$2,145,000

21 July 2024 · derived via latest_sale

Local land rate: recorded House sales in Torrens Park (last 5 years) with land size have a median of $1,833/m² of land (n=51). Districts calculation from recorded sales — not a valuation.

Torrens Park at a glance

2,692

People

$2,245,000

Median sale

$604/wk

Median rent

1.40%

Suburb gross yield

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

See the full Torrens Park report →

Vs Torrens Park

-4.5%

Median sale

Suburb $2,245,000

+0.06 pp

Gross yield

Suburb 1.40%

Suburb median $2,245,000 from 12 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$2,145,00021 July 2024
  2. Listedprice unknowncompleted4 July 2024

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

Torrens Park in one glance

Torrens Park at a glance

2,692

People

$2,245,000

Median sale

$604/wk

Median rent

1.40%

Suburb gross yield

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

See the full Torrens Park report →

Keep researching

  • Why Torrens Park? Read the area thesis →
  • What else is on the market in Torrens Park →
  • Other records on Princes Rd →

Listing material

Listed by Toop & Toop Norwood

Location, Luxury and Lifestyle

Auction Location: On Site

This executive residence showcases cutting edge design, materials and functionality, setting the scene for a comfortable low maintenance, modern lifestyle.

This stunning home will suit the new home buyer, as it has only had a single lady occupant for a short period of time since new.

Read the full description

The spacious free-flowing floorplan is defined by stunning design features from the imposing glass staircase in the entrance hall, luxurious master suite on the ground floor, and the sparkling swimming pool with spa which is centrally located to provide soothing views from virtually every aspect of the home.

Accommodation is generous with up to four double bedrooms and three luxury bathrooms, including the romantic downstairs master suite with impressive ensuite and spacious walk-in robe.

What makes this home shine?:

+ Cavernous and light-filed rear open plan living with gas rock fireplace and opening through bi-fold doors to a shaded outdoor entertaining area

+ Luxurious gloss kitchen with premium Miele appliances including downdraft rangehood, pyrolytic oven and rich granite benchtop

+ Generous butler's pantry

+ Double glazing to outside windows and doors

+ Keyless entry system

+ Remote controlled electric blinds

+ Custom remote controlled stainless steel front gates

+ Video intercom system

+ Spacious three car garage with full wall of storage to 2.7 metres

+ Master suite with expansive walk in robe and ensuite featuring double frameless shower with twin rain heads, double vanity with black granite benchtops and designer vanity basins

+ Two upper level double bedrooms, one with private balcony, city views and walk in robe and second with built in cabinets and hills views

+ Second bathroom with frameless shower, stone benches, dual vanity basins, designer freestanding bath and toilet

+ Optional ground level fourth bedroom, home office or second living space, with separate private entry

+ Third bathroom with frameless shower, toilet and feature vanity

+ Copious inbuilt storage thoughout

+ Laundry with external access, stainless steel sinks, granite benchtops and ample storage

+ Centrally located, fully tiled, gas heated, in-ground swimming pool, low maintenance irrigated grounds

+ 10Kw of solar power and dual gas hot water systems

This is a brilliant opportunity to secure a modern, high quality residence ready for you to move in and relax in this premium location, so close to the amenities of the Mitcham Square shopping precinct with easy access to nearby schools like Mercedes, Scotch College, Urrbrae and Unley High.

Peter and Glenn McMillan look forward to helping you find a way to own this outstanding home.

Listing description written by Peter McMillan, Toop & Toop Norwood — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Living Areas: 1
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Solar Panels
  • Toilets: 3
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.