Fairview Park at a glance
3,821
People
$892,850
Median sale
$616/wk
Median rent
3.59%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Fairview Park › Soutchak St
$805,000
Last sold
8 July 2024
4
Bedrooms
2
Bathrooms
9
Car spaces
787 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
$805,000
8 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Fairview Park (last 5 years) with land size have a median of $1,112/m² of land (n=79). Districts calculation from recorded sales — not a valuation.
Fairview Park at a glance
3,821
People
$892,850
Median sale
$616/wk
Median rent
3.59%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Fairview Park
-9.8%
Median sale
Suburb $892,850
+0.39 pp
Gross yield
Suburb 3.59%
Suburb median $892,850 from 20 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
Fairview Park at a glance
3,821
People
$892,850
Median sale
$616/wk
Median rent
3.59%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Place 129 Real EstateIntroducing 7 Soutchak Street, Fairview Park - perfect for families, first-time buyers and investors with a keen eye for value. This unique home, nestled in a quiet street provides the perfect family atmosphere set amongst other quality homes. The allotment sits on approximately 787m2. Boasting an enormous 23.4m frontage this could be the perfect opportunity for the developers searching for their next project (STCC).
Built in the 1960s, this well presented home features three large bedrooms, all with built-in robes, and a bathroom complete with a full-sized bath. The updated kitchen, with ample bench space and stainless steel appliances including a ceramic electric cooktop and dishwasher, is the perfect space to whip up a storm. Complemented by the open-plan living and meals area beaming with natural light, it creates a welcoming atmosphere. The extra-large lock-up garage is ideal for storing cars and toys, or creating that workshop/man cave you've always dreamed of.
Step outside the double French doors and enjoy the large backyard where the kids can run around while you relax under the undercover area, enjoying a refreshing beverage and the natural foothills air.
But wait, there's more... The large self-contained "Granny Flat" provides the X-Factor, equipped with a full-sized kitchen, bathroom, living area, bedroom and private secure yard. The perfect space that provides endless versatility to the already desirable home.
Main house features you will Love:
787m2 of land (approx.)
23.4m Frontage (approx.)
3 large bedrooms all with BIR
Open Plan living & meals
Modern Kitchen with ceramic electric cooktop & dishwasher
Bathroom with full sized bath
Ducted evaporative cooling
Ducted gas heating
Loads of storage
Window blinds
Large undercover entertainment area
Garden shed
Solar system 5.5 KW
Large lock up car garage/Workshop
Self-contained Granny Flat includes:
Master Bedroom
Large living area
Large kitchen and meals area including dishwasher and gas appliances
Full sized bathroom with bath, shower & toilet
Split system heating & cooling
Separate outdoor undercover courtyard
As for the location you are minutes away from Tea Tree Plaza Shopping Centre and The Grove Shopping Precinct. Nearby popular schools include Fairview Park Primary and Banksia Park Primary while Nagle Reserve and public transport outlets are simply a short stroll away.
Please contact David Paladino on 0421 649 255 with your enquiries.
Specifications:
CT / 4213/343
Council / City of Tea Tree Gully
Zoning / General Neighbourhood
Built / 1966
Land / 787 m2 approx.
Frontage / 23.4m approx.
Council Rates / $TBA PQ
SA Water / $TBA
Listing description written by David Paladino, Place 129 Real Estate — reproduced as published, not verified by Districts.