Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Gilles Plains › Lurline Ave
$915,000
Last sold
29 July 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
800 m²
Land
136 m²
Building
Districts View
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
$915,000
29 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Gilles Plains (last 5 years) with land size have a median of $2,072/m² of land (n=107). Districts calculation from recorded sales — not a valuation.
Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Vs Gilles Plains
+4.0%
Median sale
Suburb $880,000
-0.14 pp
Gross yield
Suburb 3.69%
Suburb median $880,000 from 35 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 $624/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
Gilles Plains at a glance
4,510
People
$880,000
Median sale
$624/wk
Median rent
3.69%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by All AdelaideQuietly nestled on a large corner allotment of approximately 800m², this traditional timber framed home is now ready to enter its next evolutional phase of urban development and presents a rare earth opportunity to subdivide and redevelop.
Astute investors and developers will certainly want to explore the future use potential of the large allotment, offering a rare opportunity to demolish and construct 2 or 3 brand-new homes (subject to current planning consents and council approvals).
All surrounding allotments have been previously developed, providing the catalyst for any future urban renewal and redevelopment improvements that wise entrepreneurs may wish to explore.
Enjoy the appeal of this fabulous location offering the lifestyle convenience of elite positioning adjacent St Pauls College, just a short walk to public transport on Grand Junction Road and with the Valley View Golf Course just a quiet meander up the street along with the Dry Creek Linear Reserve.
Get creative, do the planning and enjoy the future potential of this fabulous allotment, but be quick as this corner allotment will certainly not be on the market long.
Briefly:
* Rare earth opportunity on large corner allotment
* Block size of 800m² with dual street frontage
* Opportunity to demolish and subdivide
* Potential to construct 2 or 3 brand-new homes (subject to current planning consents and council approvals)
* Allotment surrounded by brand-new homes, recently developed
* Fabulous location adjacent St Pauls College, near Grand Junction Road transport and close to the Valley View Golf Course
Quietly located within easy reach of the numerous parks and reserves in the local area including Wandana Reserve and playground just a short walk away. The Dry Creek Linear Reserve, Valley View Golf Course and Thomas Turner Reserve are all in the local area.
Public transport is a short walk away to Wandana Avenue and Grand Junction Road, perfect for your daily commute.
Local schools include Wandana Primary & Early Learning, (just a short walk away), St Pauls College, TAFE SA Gilles Plains, Pinnacle College, Dernancourt Primary School and the Colleges of Northgate. The zoned public secondary school is Avenues College.
Gilles Plains Shopping Centre is just down the road for your weekly groceries, with Tea Tree Plaza also available for quality lifestyle shopping.
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.
The vendor's statement (Form 1) will be made available at 193 North East Road Hampstead Gardens for 3 consecutive business days prior to the Auction as well as at the premises on the day 30 minutes prior to the Auction.
Listing description written by Blake Bryant, All Adelaide — reproduced as published, not verified by Districts.