Malvern at a glance
2,766
People
$2,260,000
Median sale
$602/wk
Median rent
1.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
SA › Malvern › Cremorne St
$1,101,000
Last sold
15 Dec 2017
4
Bedrooms
1
Bathrooms
2
Car spaces
729 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
$1,101,000
15 Dec 2017 · derived via latest_sale
Local land rate: recorded House sales in Malvern (last 5 years) with land size have a median of $2,932/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Malvern at a glance
2,766
People
$2,260,000
Median sale
$602/wk
Median rent
1.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Malvern
-51.3%
Median sale
Suburb $2,260,000
+1.45 pp
Gross yield
Suburb 1.39%
Suburb median $2,260,000 from 7 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 $602/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
Malvern at a glance
2,766
People
$2,260,000
Median sale
$602/wk
Median rent
1.39%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Kent TownDiscover an eclectic mix of old versus new, bold versus bespoke and a palette of vintage and artistic style. But wait, there's a detached studio, too - it goes without saying, a cottage makeover in Malvern has a very sweet ring to it...
Where this sandstone-fronted home's 100-years-and-counting foundations stand as a tidy executive tenancy as is in coveted surrounds, or sees you prosper happily while your plans gather momentum for tomorrow's grand family design.
And what better way than with a flexible configuration of four front rooms (each with fireplaces) be they formal living, dining or bedrooms - sweeping left and right from a Baltic pine and arch-adorned central hallway.
Where slate is the story in the central living space - a hardy, versatile landing spot between breakfast and bed hosting a casual reading nook (with provisions for your hardbacks) or a relaxation zone. With this much light...
A singular bathroom mixes simplicity with snazzy monochromatic into its space to the rear comprising of a bath/shower combo, WC and vintage pastel accents, and more, natural light.
As light becomes a bright and modest rear kitchen/dining ensemble, bathed in mid-century tones with arguably its best feature being generous glass peering over the garden.
Gardens that add mature 'under-shade' entertaining, paved cottage paths, a vine-covered carport (with extra off-street parking) and a beeline to the rear studio.
Studio dreams come true with an artist's lair, a home office or guest suite; its uses are as exciting as this dream block is, less than 10 minutes from town...
In true Malvern style, delight in the character, class and city-fringe benefits this inner- southern corner laps up; Duthy Street gourmet, Unley Shopping Centre and boutique strips stringing together cafe's, fashion and high-end everything.
Unley Primary School and Unley Oval in your sight; Walford Girls, Concordia College and Unley High well within reach.
Your fleeting chance to buy into Malvern couldn't come any cuter than Cremorne...
You'll adore:
- C.1910 Symmetrical sandstone cottage/villa
- Rear garage with attached artist's studio/guest suite
- 4 front bedrooms with fireplaces (or define your own layout)
- Original Baltic floors
- Retro kitchen/dining layout with loads of light
- The choice of Unley & King William Road eateries
- Walk to Unley Primary & Unley Oval
- Concordia College on call
- City-fringe boasting rights
- Just 10 minutes from the CBD
Specifications:
CT / 5532/578
Council / City of Unley
Zoning / RH(C)'SH6
Built / 1910
Land / 729m2
Frontage / 15.24m
Council Rates / $2184.40pa
SA Water / $171.82pq
ES Levy / $466.90pa
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 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.
Listing description written by Tom Hector, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.