Munno Para at a glance
6,508
People
$681,000
Median sale
$535/wk
Median rent
4.09%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
SA › Munno Para › Correa St
$799,000–$829,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
4
Car spaces
375 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
$799,000–$829,000
Asking range · $2,131/m² of land
No recorded sale for this property.
Munno Para at a glance
6,508
People
$681,000
Median sale
$535/wk
Median rent
4.09%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Vs Munno Para
+17.3%
Median sale
Suburb $681,000
-0.61 pp
Gross yield
Suburb 4.09%
Suburb median $681,000 from 75 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$49,703 on top of the price (6.2% 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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Munno Para'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 $535/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.
Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Munno Para at a glance
6,508
People
$681,000
Median sale
$535/wk
Median rent
4.09%
Suburb gross yield
Median sale from 75 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Gawler EastProudly presented to the market by Steven Ulbrich and Hudson Vivian of Ray White Gawler East/Angle Vale, 77 Correa Street, Munno Para offers an appealing combination of contemporary comfort, practical family living and low maintenance outdoor spaces.
Positioned behind a neat, low maintenance front garden, the home immediately impresses with its concrete driveway and automatic double roller door garage, providing secure off street parking and excellent everyday convenience. Inside, hardwood style floating floorboards flow through the walkways and main living areas, creating a warm and modern feel, while downlights and quality window furnishings feature throughout. A separate front living room provides a comfortable second living space, complete with carpet and blinds, while the home's open plan design brings the kitchen, dining and main living area together to create a central hub for everyday family life and entertaining.
At the heart of the home, the well appointed kitchen is designed with functionality in mind, featuring stone benchtops, a breakfast bar, pantry, 900mm oven and stainless steel five burner gas cooktop. The adjoining living area is filled with natural light through the large windows and offers the comfort of split system air conditioning, downlights and sliding door access directly to the rear yard. Accommodation is thoughtfully positioned throughout the home, with the master bedroom privately situated and complete with carpet, blinds, split system air conditioning, a walk in robe and ensuite featuring a single vanity.
Bedrooms two, three and four each provide comfortable carpeted accommodation, with built-in robes, blinds and ceiling fans featured in bedrooms two, three and four, making them ideal for children, guests or those requiring additional space for a home office or study. The laundry offers direct external access and includes a blind, adding further practicality to the home's everyday functionality.
Outside, the home continues to impress with a tiled alfresco area complete with ceiling fan and light, creating an inviting space to enjoy outdoor dining, entertaining or relaxing with family and friends throughout the seasons. Concrete surrounds the home for ease of maintenance, while an established vegetable garden runs down the side of the property, providing a wonderful opportunity for those who enjoy growing their own produce. Combining generous accommodation, multiple living areas, modern kitchen appointments and a practical outdoor entertaining space, this is a home that offers plenty of appeal for families, investors and those seeking a comfortable, low maintenance lifestyle.
Additionally:
Year Built - 2023 (approx.)
Wall Construction - Brick
Land Size - 375m2 (approx.)
Floor Area - 190.4sqm (approx.)
Zoning - MPN - Master Planned Neighbourhood \ EAC - Emerging Activity Centre
Local Council - Playford
Estimated Rental Return - $630.00 - $650.00 p/w
Council Rates - $566.91 qtr. (approx.)
Water Rates (excluding Usage) - $200.67 qtr. (approx.)
Es Levy - $148.45 p/a (approx.)
Easement(s) - No
Encumbrance(s) - No
Sewerage - Mains
For investors, the property is currently tenanted until 9th November 2026 at $570 per week, providing an existing rental return and an appealing opportunity to secure an investment property with a tenant already in place. Whether you're searching for your next family home or a quality investment to add to your portfolio, 77 Correa Street offers a versatile and appealing package in a convenient Munno Para location.
Contact Steven Ulbrich on 0484 277 674 or Hudson Vivian on 0472 862 727 today for further information or to arrange your inspection.
To offer on this home please click on the following link: https://forms.monday.com/forms/0c0381a6abd1eef8685cc265651180ed?r=apse2
Want to find out where your property sits within the market? Call Steven Ulbrich on 0484 277 674 or click on the following link: https://raywhiteanglevale.com.au/agents/steven-ulbrich/118894
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy, and no warranty or representation is given or made as to the correctness of the information supplied. Neither the owners nor their agent can accept responsibility for any errors or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the contract of sale.
Ray White Gawler East/Angle Vale
RLA 327 615
Listing description written by Steven Ulbrich, Ray White Gawler East — reproduced as published, not verified by Districts.