Albert Park at a glance
1,832
People
$996,000
Median sale
$596/wk
Median rent
3.11%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Albert Park › Murray St
$860,000
Last sold
10 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
744 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
$860,000
10 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Albert Park (last 5 years) with land size have a median of $1,729/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
Albert Park at a glance
1,832
People
$996,000
Median sale
$596/wk
Median rent
3.11%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Albert Park
-13.7%
Median sale
Suburb $996,000
+0.49 pp
Gross yield
Suburb 3.11%
Suburb median $996,000 from 17 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 $596/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
Albert Park at a glance
1,832
People
$996,000
Median sale
$596/wk
Median rent
3.11%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GrangeThis 1950's built double brick home situated on a large allotment of 730sqm (approx.) is a rare find. The presentation of the home is of a neat, clean and honest manner. The home will delight many walks of life from those who would like to move in straight away and enjoy to those wanting to utilise its potential to renovate and extend or redevelop (S.T.C.C).
This family home has been owned by the same owner for the last 34 years in which time the home has seen many improvements. The first to mention of these is the updated kitchen comprising of Blackwood timber doors, drawers and cupboards with electric halogen cooktop, range hood and chef wall oven.
The wall which used to make up the 3rd bedroom was removed to allow for a large open plan dining/entertaining area giving rise to the 2nd living area of the home. The original floors of the home have been replaced with light coloured tiles and floating timber look floors throughout.
A large Daikin reverse cycle split system air conditioner in the main living space creates comfort for all seasons, not to mention the original fireplace which still exists in the lounge room for those who like the ability to enjoy wood fires.
A large floor to ceiling built in wardrobe unit exists in the main bedroom which expands over 2 wall lengths and another built in wardrobe exists in the 2nd bedroom.
Modern vertical blinds dress the windows internally and external roller shutters to the front windows and 2nd bedroom window of the home exist for extra comfort.
The ability to drive through the garage to an undercover carport allows extra room for those with more than one car, or for boat or trailer parking under cover.
The large backyard comprises of a lockable outdoor rumpus/games room and large tool/work shed and plenty of outdoor space for the children to play. There are established vegetable patches and flowered garden beds for the green thumbs as well as fruit trees which include walnut, lemon, fig, prickly pear, olive, apricot and peach for the family to enjoy.
This home has the best of both a quiet location and street appeal amongst other neighbouring homes, as well as being located within walking distance to pubic transport ready to take you to the shopping precinct of West Lakes Shopping Centre or directly into the heart of the city, not to mention just a short drive to the golden sands of some of Adelaide's finest beaches.
For more information, please contact Peter Balales on 0422 146 082.
RLA 115192
Listing description written by Peter Balales, Ray White Grange — 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.