Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Forestville › Third Ave
$1,455,000
Last sold
26 Oct 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
417 m²
Land
189 m²
Building
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
$1,455,000
26 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Forestville (last 5 years) with land size have a median of $2,568/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Forestville
-16.3%
Median sale
Suburb $1,738,850
+0.32 pp
Gross yield
Suburb 1.63%
Suburb median $1,738,850 from 8 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 $546/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
Forestville at a glance
1,578
People
$1,738,850
Median sale
$546/wk
Median rent
1.63%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCAuction Sat, 26th Oct - 10am
Forestville flies under the radar, making it a little hidden gem on the city's charm-filled south western outskirts - and a very fitting spot for this C1910 symmetrical sandstone villa with a stylish, new lease on life to go with its prime position within a walk of Wayville's famous Farmer's Markets.
Plonk your fresh produce on the stone benchtops of the updated rear kitchen featuring a Miele dishwasher, 900mm freestanding oven, bundles of storage behind shaker-style fronts and a spacious dining/living zone at its feet.
The kitchen is one of many parting gifts from its owners, who pass on an extensively renovated home defined by the polished timber floors, high ceilings, decorative hallway arches, ornate fireplaces and four large main rooms that carve out the original home.
One of those rooms takes its lounge room duties very seriously, forging a light-filled and roomy space to relax with the family, a good book or a Netflix binge - the perfect foil for the colder months.
It's warming up; and there's no better place to entertain than the alfresco pavilion with concrete floors, dual ceiling fans, lighting and a knack for inviting the northern winter sun that nourishes the landscaped splendour of its private rear yard.
Set the water temperature to your liking and soak that long day away in the clawed freestanding tub of the updated bathroom. You'll need it after those family bike rides into the city, jogs around the Parklands and shopping sprees on King William Road. Turns out Forestville is exactly what you've been looking for.
Features we love...
- Ideally placed on a wide, quiet street within a jiffy of the CBD
- Beautiful street presence behind its picket fence
- Ducted r/c for year round comfort
- A gorgeous example of the character villa, preserved and periodically improved
- Three large bedrooms, each with a set of built-in robes
- Updated kitchen, bathroom and large separate laundry
- Neatly presented landscaped gardens with lawned area to rear
- Carport and additional off-street parking
- Loads of storage
- Walking distance from tram and bus stops for an easy beeline to Glenelg and CBD
- Zoned for Adelaide and Botanic High Schools
CT Reference - 6057/409
Council - City of Unley
Zone - EN - Established Neighbourhood
Council Rates - $1,814.25 pa
SA Water Rates - $229.44 pq
Emergency Services Levy - $190.45 pa
Land Size - 417m² approx.
Year Built - 1910
Total Build area - 189m² approx.
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY – MAKE IT HAPPEN™
RLA 275403"
Listing description written by Daniel Richardson, OC — 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.