Clarence Park at a glance
2,693
People
$1,401,000
Median sale
$546/wk
Median rent
2.03%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Clarence Park › Lorraine Ave
$921,000
Last sold
20 July 2020
5
Bedrooms
2
Bathrooms
5
Car spaces
1,015 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
$921,000
20 July 2020 · derived via latest_sale
Local land rate: recorded House sales in Clarence Park (last 5 years) with land size have a median of $2,146/m² of land (n=58). Districts calculation from recorded sales — not a valuation.
Clarence Park at a glance
2,693
People
$1,401,000
Median sale
$546/wk
Median rent
2.03%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Clarence Park
-34.3%
Median sale
Suburb $1,401,000
+1.05 pp
Gross yield
Suburb 2.03%
Suburb median $1,401,000 from 11 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 $546/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
Clarence Park at a glance
2,693
People
$1,401,000
Median sale
$546/wk
Median rent
2.03%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts VennMillarAnother successful On-Line Auction with flexible conditions. Thinking of selling? Talk to Stephen Venn 0411181300.
This generous character home plus a hard-to-find, fully self-contained retreat offer you a once-in-a-lifetime opportunity.
Twin accommodation options are very hard to come by. Coupled with generous prime land, this presents an uncommon chance for you. In a nutshell, the Bungalow home offers original character features, 3 good sized bedrooms, renovated bathroom, lounge & family room opening onto dining and kitchen, joined by an all-weather rear verandah to the separate office/'granny flat'.
This fabulous C1925 Bungalow home is set on over 1,000 sq m of generous land offering an abundance of accommodation for the growing family and offering choices that will cater to all your needs.
As you step inside, you are immediately embraced by high ceilings with decorative cornices and a wide central hallway flowing effortlessly to 3 good sized bedrooms, a lounge, family room with fireplace, and renovated bathroom.
At the rear of the home is a cleverly designed kitchen with a serving bench and a dining area, made for cooking and gathering in. A separate large laundry room gives access to the generous verandah, providing an excellent space for entertaining all year round.
The self-contained office/retreat or alternative family accommodation is also perfect to host guests and a must-have for those requiring extra work space. Comprising:
- Separate access for a vehicle
- Spacious open plan office or living room
- Kitchenette/bar area
- 2 bedrooms
- Bathroom
The property offers a very broad frontage of 18 m, allowing for the huge double-width 4-car carport, comfortably holding 4 vehicles caravan/boat undercover.There is also a a single garage.
At the rear is a lovely garden with an extensive lawn area, existing mature trees, veggie patch and garden shed, with plenty of scope to embellish the outdoors to your imagination with a variety of fruit trees, water features, children's playground, alfresco dining space etc.
Positioned near the City and local shopping precincts, East Avenue, Goodwood Road and King William Road with their variety stores, cafes and restaurants. A short walk to the bus stop, tram and train stations adds to the amenity of this well located home. Zoned for Black Forest Primary School and Springbank Secondary College and walking distance to Cabra Dominican College.
What we love about this property:
- Two homes on one! Ideal for work from home scenarios
- Uncommonly large allotment and frontage
- Under cover spaces for multiple vehicles, caravan and boat
- 5 bedrooms
- 2 bathrooms, 3 toilets
- Period character
- Big laundry room
- Solar Panels to help save on energy bills
- Reverse cycle ducted air-conditioning for year-round comfort
- Gas heater in family room
CT - 5416/605
City of Unley
Zoning - Residential B350
Council rates - $2,230.30 pa
Water rates - $287.00 pq
ES Levy - $198.80 pa
Open Inspection Guidelines
Please note that due to Covid-19 restrictions easing we are now able to conduct open home inspections. These are however limited to a maximum of 10 people attending at any one time and we will continue to implement strict hygiene protocols. We ask for your patience and cooperation as we all do our best to help keep our community safe. For further queries please don't hesitate to contact Stephen Venn on 0411 181 300.
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own enquiries.
Listing description written by Stephen Venn, Harcourts VennMillar — reproduced as published, not verified by Districts.