Felixstow at a glance
2,794
People
$1,451,000
Median sale
$572/wk
Median rent
2.05%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
SA › Felixstow › Cardigan Ave
$1,850,000
For sale
$1,850,000
Last sold
6 Sept 2025
4
Bedrooms
1
Bathrooms
4
Car spaces
1,043 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
Asking
$1,850,000
6 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Felixstow (last 5 years) with land size have a median of $2,055/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Felixstow at a glance
2,794
People
$1,451,000
Median sale
$572/wk
Median rent
2.05%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Felixstow
+27.5%
Median sale
Suburb $1,451,000
-0.44 pp
Gross yield
Suburb 2.05%
Suburb median $1,451,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$118,533 on top of the price (6.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Felixstow's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $572/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
Felixstow at a glance
2,794
People
$1,451,000
Median sale
$572/wk
Median rent
2.05%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodSome blocks simply give buyers more to work with, and 7 Cardigan Avenue is exactly that kind of rare opportunity. A generous 1,043sqm parcel with a full 19m frontage sitting in one of the north-east's most tightly held corridors, where leafy Linear Park's trails and a run of vibrant shopping hubs just moments from your door deliver the kind of setting and scale that doesn't come around often.
Today, a solid brick five-bedroom residence wraps comfortably around a central kitchen and dining zone, providing dependable bones that offer a liveable base while bigger plans take shape. Refresh it and rent it out, move in and take your time, or use it as the springboard for something larger, there's exciting flexibility in how this plays out, both short and long-term.
But the future value is where this pocket truly earns its keep. From a breathtaking family dream haven that balances size, space and architectural statement, to a designer subdivision that takes advantage of favourable council zoning for high density designs (STCC); the opportunity here is hard to ignore.
Pairing potential with position, local schools, the scenic River Torrens and everyday shopping essentials all sit within easy reach, while a quick run to busy Firle Plaza or the retail buzz of The Parade keeps you seamlessly connected to major cosmopolitan drawcards. Finally, add in the O-Bahn at Klemzig ready to make light-work of your work commute, kissing peak-hour goodbye caps-off why this offering is one you don't want to let slip through your fingers.
FEATURES WE LOVE
• Near original mid-century property resting on a sprawling 1,043sqm (approx.) parcel with 19.05m street frontage
• Incredible development or subdivision possibilities with scale for a multi-dwelling project (subject to council conditions)
• Solid brick foundations, five-bedroom floorplan with formal lounge + dining options
• Central contemporary kitchen featuring ample timber cabinetry, great bench space, all electric appliances, including dishwasher
• Generous rear utility area with kitchenette
• Scope to refresh, refurb + rent out
• Favourable council conditions with the property falling into the Housing Diversity Neighbourhood Zone for excellent redesign potential
LOCATION
• A leisure stroll to the scenic Linear Park + River Torrens inviting waterfront walks, weekend rides or traffic-free commutes to the CBD for biking enthusiasts
• A brisk walk to East Marden Primary, zoned for Charles Campbell College a couple of bus stops away
• Around the corner from Payneham Library + Payneham Swimming Centre
• A stone's throw to Marden Shopping Centre, Firle Plaza + Newton Central for stellar shopping + cafes; options
• Only 8-minutes to the thriving Parade Norwood, under 10 to Adelaide CBD + moments to Klemzig Interchange for streamlined commutes
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. Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Norwood RLA 278530
Property Details:
Council | NORWOOD PAYNEHAM & ST PETERS
Zone | HDN - Housing Diversity Neighbourhood
House | 272sqm(Approx.)
Land | 1,043sqm(Approx.)
Built | 1938
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Linda Clemente, Ray White Norwood — reproduced as published, not verified by Districts.
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