Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Redwood Park › Lugarno St
$951,000
Last sold
30 Oct 2024
5
Bedrooms
2
Bathrooms
4
Car spaces
681 m²
Land
322.66 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
$951,000
30 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Redwood Park (last 5 years) with land size have a median of $1,115/m² of land (n=92). Districts calculation from recorded sales — not a valuation.
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Redwood Park
+11.6%
Median sale
Suburb $852,500
-0.39 pp
Gross yield
Suburb 3.76%
Suburb median $852,500 from 16 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 $616/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
Redwood Park at a glance
5,413
People
$852,500
Median sale
$616/wk
Median rent
3.76%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownSet against the tree-lined backdrop of Cronulla Reserve in a neighbourly pocket of Redwood Park, 7 Lugarno Street is an idyllic family haven offering 4 carpeted bedrooms under its solar panel topped main roof, along with a versatile retreat/rumpus area in the backyard beside a 43sqm (approx.) powered shed/workshop.
Extensive updates have added chic hybrid flooring through the bonus retreat as well as in the light-filled combined kitchen/living/dining hub and the separate lounge in the main house. The kitchen is a showstopper with its granite benchtops popping against sleek soft-close cabinetry, a gleaming stainless steel freestanding gas cooker/oven, and the bespoke drop pendant over an island dining bar.
Also luxe to the max with their exquisite floor to ceiling tiles and backlit round vanity mirrors are the 2 renovated bathrooms. The largest is central to 3 bedrooms and features a frameless glass shower, divinely deep tub and cascading feature pendant. The other has a shower and sits between the lounge and the 4th bedroom, creating the option to combine all three into one fab teen retreat or guest wing.
Stacker sliders extend the kitchen/dining area onto another updated space – a beautifully tiled, timber accented alfresco entertaining area. Preparing and serving meals in this all-season social zone will be a cinch thanks to a whole wall of custom cabinetry, including a flash sink and recesses to house a washer and dryer. Nearby is the big shed with the retreat/rumpus next to it – the latter room air-conditioned, with sliders opening onto the grassy lawn and Cubby House.
With access to Cronulla Reserve just around the corner, the local shopping hub with supermarket, bakery, barber and cafes only 15 minutes on foot and a swag of schools within a 2km radius, this family-friendly home also boasts the ideal location to get you through the raising kids phase!
Features you'll love:
− Stylishly updated 4-bedroom family home with options to create up to 2 teen retreats and abundant vehicle/leisure craft storage or workshop areas
− Combined kitchen/living/dining hub + a separate lounge – all with hybrid flooring
− Chic kitchen fit-out: granite benchtops, handle-free, soft close cabinets, big gas cooker/oven, feature pendant over island dining bar
− Big outdoor entertaining area with timber screens/ceiling detail, custom cabinetry with a sink and housing for laundry facilities
− 4 carpeted bedrooms, 3 with BIRs and a desk in 1
− Lush family bathroom with full-height tiling, frameless glass shower, deep tub, separate WC
− Rear bedroom could be combined with adjacent lounge and full bathroom (also tiled top to bottom) to create a teen retreat/guest wing
− Ducted AC through primary living and 3 bedrooms, with solar to help offset
− Fantastic kid's play haven out back with air-conditioned retreat/rumpus opening onto lawn and a Cubby House
− Easy in and out block entry via a semi-circular gravel driveway
− Auto entry 2 car tandem-style garage roller door opening to rear yard with pavers connecting to a 43 sqm (approx.) powered shed perfect for boat/trailer/camper storage
Location highlights:
− Backs directly onto leafy Cronulla Reserve
− Short walk to city-bound buses on nearby Hancock Road
− Central to Drummond Golf Club, TTP Gymsports, and Golden Grove Baseball Club
− 15-minute walk to Surrey Downs Shopping Centre restaurants, bakery, Drakes, health services, and The Grove Hotel next door
− Wider choices at Tea Tree Plaza or Grove Shopping Centre, both about 8-minute drive
− 4 primary schools within 2km + The Heights school (4km), Banksia Park International (2km)
− Half an hour behind the wheel into town
Specifications:
CT / 5223/544
Council / Tea Tree Gully
Zoning / GN
Built / 1970
Land / 681m2 (approx)
Frontage / 19.81m
Council Rates / $2,041.65pa
Emergency Services Levy / $147pa
SA Water / $182.78pq
Estimated rental assessment / $730 to $760 per week / Written rental assessment can be provided upon request
Nearby Schools / Surrey Downs P.S, Banksia Park School R-6, Ridgehaven P.S, Redwood Park P.S, Fairview Park P.S, The Heights School
Disclaimer: 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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Tom Hector, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.