Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
SA › Prospect › Victoria St
4
Bedrooms
1
Bathrooms
1
Car spaces
756 m²
Land
243 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Prospect (last 5 years) with land size have a median of $2,647/m² of land (n=55). Districts calculation from recorded sales — not a valuation.
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
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 $582/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
UnknownNearby 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.
Area
Prospect at a glance
16,033
People
$1,286,000
Median sale
$582/wk
Median rent
2.35%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodParked wonderfully in what is now one of Adelaide's most sought-after corridors courtesy of its character-rich streets, neighbourly atmosphere, and proximity to not only Prospect Road's vibrant cosmopolitan hub but the city itself by way of car, bus or train - 63 Victoria Street reveals a beautiful near-original Bungalow set on some 756sqm ripe and ready for a new chapter, and vision, to take shape.
With its hallmark peaked frontage and wide porch entry, the wide central hallway divides its four-square 4-bedroom/lounge footprint into lofty familiarity. A light and bright combined kitchen and casual dining bookends the home, while a step outside sees sweeping undercover entertaining overlook a sunny and spacious backyard of lush lawns. A much-loved property that's served its time loyally, this enticing parcel now presents the near-perfect opportunity to get into this highly prized pocket.
As potential and possibilities abound - from limitless renovation options ready to re-inspire its classic character bones into a charming family haven, a full rebuild from the ground up giving you all the size and scope to fulfill your architectural dreams, or even a stunning subdivision maximising the impressive allotment on offer (STCC) - all options are very much on the table here!
A leisure stroll to Prospect Primary and zoned for the exclusive Adelaide Botanic High, a stone's throw to the trendy cafés, restaurants, bars and boutiques of Prospect Road, around the corner from Northpark and Sefton Plaza, along with North Adelaide a mere 6-minutes door-to-door… seize an unrivalled blend of family-friendly surrounds, a sought-after social atmosphere, and city-fringe reach.
FEATURES WE LOVE
• Sweeping 756sqm (approx.) parcel inviting incredible refurb, renovation, rebuild or subdivision potential (subject to council conditions)
• Beautifully maintained original interior, including large formal lounge
• 3 well-sized bedrooms nestled around the neat + tidy bathroom with separate WC
• Light-filled casual dining + spacious kitchen featuring plenty of bench top space + abundant cabinetry
• Generous outdoor entertaining area, large garage + shed
• Sunny backyard with lush lawns + fenced chicken run/veggie gardens
• Long gated driveway behind a beautiful Bungalow frontage
LOCATION
• A short walk to Prospect Primary + zoned for Adelaide Botanic High
• Moments to a long-list of popular cafés, restaurants, bars and boutiques for a wonderful cosmopolitan lifestyle right at your fingertips
• Easy reach to Churchill Centre & Costco, as well as the busy Northpark + Sefton Plaza shopping hubs
• Close to Dudley Park Train Station and local buses for hassle-free commutes to the CBD
• Only 6-minutes to O'Connell Street (2.9km)
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | PROSPECT
Zone | EN - Established Neighbourhood
Land | 756sqm(Approx.)
House | 243sqm(Approx.)
Built | 1925
Council Rates | $2,596.19pa
Water | $257.43pq
ESL | $140.15pa
Listing description written by Vanessa Bianco, Ray White Norwood — reproduced as published, not verified by Districts.