Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Gilles Plains › Lurline Ave
$376,000
Last sold
14 May 2021
3
Bedrooms
2
Bathrooms
2
Car spaces
298 m²
Land
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
$376,000
14 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Gilles Plains (last 5 years) with land size have a median of $2,054/m² of land (n=108). Districts calculation from recorded sales — not a valuation.
Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Gilles Plains
-57.3%
Median sale
Suburb $880,000
+4.94 pp
Gross yield
Suburb 3.69%
Suburb median $880,000 from 35 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 $624/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
Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia SASORRY, this home is now under contract but i have two more in the area that are not online yet, call me for details
This is your opportunity to roll up your sleeves and make this ex rental property your new home. Perfectly positioned in a great street with quality surrounding homes and being offered to the market by way of best offer on or before the end of April 2021.
Get in fast as this is an exceptional opportunity that will be sold to the highest offering with no set price, so tell us what it's worth to you.
This home is positioned only 5 minutes from the revamped Gilles Plains Shopping Centre, St Pauls School and located right in the heart of Gilles Plains.
FEATURES INCLUDE:
* 298m2 land size.
* Community tiled small group.
* Brick Veneer construction.
* 3 Bedrooms with robes.
* Master with ensuite.
* Open plan kitchen, meals and family.
* Ducted air conditioning.
* Tiled living areas and carpeted bedrooms.
* Rear courtyard and lawn area.
* Single garage under main roof.
* Private and secure
* In need of TLC.
* Close to everything.
This home is not for the faint at heart, it's for those are not afraid of a little work, those that know effort equates to REWARD !
So get in FAST before someone else does!
We are taking offers and are we realistic and reasonable in regards to price expectations.
so if have been looking for a 'fixer upper' ... then 68A Lurline Avenue is it.
Proudly Represented By Gilles Plains #1 Agent - Bjorn Kunzel of eXp.
Gilles Plains Area Expert & Agent Of The Year Winner 4 Years Running!
No one knows Gilles Plains like Bjorn, and as a Gilles Plains property owner himself, he wants to welcome you to the magnificent suburb of Gilles Plains.
NOTE: Some images are represented with 'virtual furniture' to give you an impression of the potential this home has to offer.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Listing description written by Bjorn Kunzel, exp Australia SA — reproduced as published, not verified by Districts.