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SA › Craigburn Farm › Verco Pl

7 Verco Pl, Craigburn Farm SA 5051

House

$1,730,000

Last sold

29 Feb 2024

4

Bedrooms

2

Bathrooms

7

Car spaces

642 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,730,000 (29 Feb 2024).(Recorded sale)
  • FactLand 642 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Craigburn Farm (last 5 years) with land size: median $2,044/m² of land (n=66). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,730,000

29 Feb 2024 · derived via latest_sale

Local land rate: recorded House sales in Craigburn Farm (last 5 years) with land size have a median of $2,044/m² of land (n=66). Districts calculation from recorded sales — not a valuation.

Craigburn Farm at a glance

3,319

People

$1,510,000

Median sale

$613/wk

Median rent

2.11%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Craigburn Farm report →

Vs Craigburn Farm

+14.6%

Median sale

Suburb $1,510,000

-0.27 pp

Gross yield

Suburb 2.11%

Suburb median $1,510,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,730,00029 Feb 2024
  2. Listedprice unknowncompleted31 Jan 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $613/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Craigburn Farm in one glance

Craigburn Farm at a glance

3,319

People

$1,510,000

Median sale

$613/wk

Median rent

2.11%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Craigburn Farm report →

Keep researching

  • Why Craigburn Farm? Read the area thesis →
  • What else is on the market in Craigburn Farm →
  • Other records on Verco Pl →

Listing material

Listed by Harris Real Estate Kent Town

High-spec, suave and full of surprises; A Metricon match made in family heaven

Whether you're the consummate entertainer, a serious car enthusiast, avid cook, a purveyor of finer things or all of the above, this custom Metricon two-storey home says, "you've come to the right place", and does it in style at the prized conclusion of its Blackwood Park cul-de-sac.

Built in just 2017 to the exacting standards of its owners and esteemed builder, this 4-bedroom solar-powered stunner stands on the high side of its tightly knit street to carve out a sweeping view towards Sturt Gorge, best served from the lavish upper-level main bedroom and terrace balcony.

Call the kids in from their cul-de-sac cricket match for some quality time where this high-spec home shines its brightest; a family room that makes the epic open-kitchen the centre of attention and smoothly connects to the alfresco pavilion, 'Bali hut' and built-in BBQ of the oasis-like rear yard.

Read the full description

With stone benchtops, a huge breakfast bar, butler's pantry, and Smeg appliances, including a 900mm freestanding oven/gas cooktop; every occasion here, whether special or super-casual, will start in and around the kitchen. The heart and soul of this wonderfully lit home.

Whether it's the integrated fire pit, surround sound, custom joinery, an aquarium that looks like a moving work of art on the wall, the fully equipped home theatre, slick fully-tiled bathrooms, high ceilings or that bill-busting solar system and back-up battery; this dynamic home does nothing in halves.

And that's why this isn't just your ordinary garage. No, this is a fully-fledged showroom with ducted air-conditioning, bar, hydraulic hoist and room for five of your 'pride and joys'. A space worthy of a purebred racing car or old classic. For everything else, like your daily ride, caravan and boat; there's room off the street for a small fleet.

Luxury comes naturally to this flawless home, some of it saved purely for you in a lavishly-sized master bedroom with a down-lit walk-in robe fit for an extensive shoe collection and a resort-style ensuite bathroom with double vanity, oversized walk-in shower and 'fish scale' feature tiling.

As for the kids, they'll have the ultimate childhood here, claiming the upper-level retreat as their own when they aren't safely playing in the streets of this connected community, riding their BMXs through local trails or heading off on weekend adventures to the coast that waits less than 20 minutes away.

Looking for the 'forever' home? You've come to the right place.

More to love:

• Prime cul-de-sac position, elevated for a view

• Custom built to impeccable standards by Metricon Homes in just 2017

• Ultra-flexible floorplan with multiple living zones, including home theatre with Klipsch speaker system

• Powerful 6KW solar system and battery backup

• Zoned ducted r/c throughout

• Off-street parking for 7+ cars and your caravan

• Alfresco pavilion with cafe blinds, built-in gas fire pit

• Loads of storage/custom joinery throughout

• Gas plumbed fire pit (removable if desired)

• Exposed aggregate concrete throughout

• Outdoor kitchen with built in drinks fridge

• Your very own Bali hut and tranquil water feature

• Built-in BBQ connected to gas mains

• Secure with video intercom to both levels

• Secure rear yard and landscaped, irrigated gardens

• Front and back water features

• A short drive from Blackwood's countless conveniences

• Just 25 minutes from the CBD

Specifications:

CT / 6174/261

Council / Mitcham

Zoning / GN

Built / 2017

Land / 642m2 (approx)

Frontage / 23.81m

Council Rates / $2687.70pa

Emergency Services Levy / $525.60pa

SA Water / $362.pqpq

Estimated rental assessment: $1,100 - $1,200 p.w (Written rental assessment can be provided upon request)

Nearby Schools / Blackwood P.S, Hawthorndene P.S, Eden Hills P.S, Blackwood H.S, Mitcham Girls H.S

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 Hayley Turner, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.