Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Pennington › Torrens Rd
5
Bedrooms
2
Bathrooms
2
Car spaces
667 m²
Land
354 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 Pennington (last 5 years) with land size have a median of $1,304/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 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 $575/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
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Port AdelaideNick Psarros and Kirsten Shulver of Ray White Port Adelaide are pleased to present to the market this outstanding property that presents an opportunity like no other! Two residences for the price of one? A flexible floorplan which could accommodate the multi generational family? Or perhaps reside in the back extension whilst leasing out the front Bungalow for an instant income source, the possibilities are truly endless.
Nestled on a corner allotment amongst other character homes, this well loved family home has undergone a complete transformation, turning it into the marvellous property it is today. Fitted with quality upgrades throughout the rear extension and offering a leisurely lifestyle that some only dream of, this truly unique home has so much to offer. If the option of two separate residences doesn't excite you, the option to open up the property as one is also viable! Again, the possibilities are endless!
Also facilitating easy indoor/outdoor entertaining with glass bi-folding doors to the alfresco and decked area, and to the left is a stunning in-ground solar heated pool - imagine entertaining on balmy summer nights with family and friends!
With a stunning gourmet kitchen that would excite any culinary chef with Bosch dishwasher, integrated wall oven & microwave, x5 burner gas cooktop, double inset sink all wrapped in a swathe of Granite benchtops, a masters retreat upstairs which could double as a work-from-home space or additional bedroom, an oversized master bedroom with walk-in robe that would entice any fashionista... The list goes on!
WHY YOU WILL LOVE 698 TORRENS ROAD:
FRONT RESIDENCE:
The front residence offers all the character features we all love and desire including; polished timber floorboards, high ceilings, decorative ceiling roses, a wide central hallway and a gorgeous sandstone frontage.
*Sandstone Bungalow
*Wide central hallway
*Polished timber floors in immaculate condition
*Two great sized bedrooms
*Formal lounge with ornate fireplace & split system air-conditioning
*Combined kitchen & dining area, kitchen with plenty of cabinetry and freestanding oven
*Walk-in pantry
*Updated bathroom with frameless shower screen, vanity & toilet
REAR RESIDENCE:
*Secure entry
*Open plan living and dining area with wood-fire fireplace, split system air-conditioning, built-in cabinetry and shelving
*Gourmet kitchen with a plethora of cabinetry, granite benchtops, x5 burner gas cooktop & stainless steel appliances
*Absolutely huge master bedroom with ceiling fan, stunning walk-in robe and fully tiled ensuite with bathtub, shower, vanity & toilet
*Secure double garage with access to large workshop - great for the hands on family member!
*Master retreat upstairs
*Indoor/outdoor entertaining area with ceiling fan and x2 outdoor heaters
*Private pool oasis
*Second bedroom
*Great sized laundry with built-in cabinetry and benchtops & direct outside access to decked area
A truly special home that has to been seen to be believed. To avoid disappointment, please register your interest with Nick Psarros on 0400 506 555 or Kirsten Shulver on 0431 444 464
Pennington is situated in the western suburbs of Adelaide and is located 12km north-west of Adelaide's central business district (CBD). Local schools include Mount Carmel College and Our Lady of Mount Carmel Parish School. Attractions nearby include the Award Winning Vietnam Restaurant and Viet Next Door restaurant, the Rosewater Football Club, Rosewater Bowling Club, fantastic parks & walking trails. Amenities include, Alberton IGA, Discount Pharmacy, Fish & Chip Shops, Rosewater Foodland, Grand Health Medical Clinic and many more. Minutes to the St Clair Shopping Complex boasts a variety of shops: Coles Supermarket; Liquorland; specialty shops, Michel's Patisserie; St Clair Chicken and Seafoods; Dhana Latchmi Indian Restaurant; Wok in a Box; Bakers Delight; Amcal Pharmacy; Sushi Train; Uniq Nails and Beauty; St Clair Newsagency; Hair Salon and Flight Centre, all this for your convenience.
Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Nick Psarros, Ray White Port Adelaide — 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.