Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Northfield › Jolly Ave
For sale
For sale
0
Bedrooms
0
Bathrooms
0
Car spaces
1,014 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
No recorded sale price for this property yet.
Local land rate: recorded Land sales in Northfield (last 5 years) with land size have a median of $1,085/m² of land (n=6). Districts calculation from recorded sales — not a valuation.
Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
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 $660/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Northfield at a glance
5,072
People
$926,250
Median sale
$660/wk
Median rent
3.71%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge RealtyTo submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Located at 8 Jolly Avenue, Northfield.
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this impressive allotment nestled on a massive 1,014sqm block (approx), presenting exciting possibilities for the future. With subdivision plans ready, this property is perfect for families, investors, or developers seeking to capitalise on the location. The land presently hosts a solid brick home which is currently tenanted with a fixed lease of $465 per week in place until 12/10/2024 for instant returns.
Unleash your creativity on this generous block with a 28.77m frontage, and with subdivision potential, it is a developer's dream. Alternatively, design your perfect home - a spacious family sanctuary, a stylish urban oasis, or a sophisticated modern residence. This is an exceptional opportunity to build your ideal property or a savvy investment for the future.
Enjoy the best of both worlds with a fantastic lifestyle on offer. The nearby LJ Lewis Reserve Playground and Dog Park provide ample green space for family fun and furry friends, while the serene Stockade Botanical Garden offers a peaceful retreat. For daily conveniences, Drakes Mini Walkley Heights, Northgate Shopping Centre, and Ingle Farm Plaza are just moments away, catering to all your shopping needs. Families will appreciate the proximity to quality education with Roma Mitchell Secondary College, Northfield Primary School, and the Northfield Child Parent Centre nearby.
Whether you're a growing family, a first-home buyer, or a savvy investor, this property is a solid opportunity. Create a space that perfectly reflects your lifestyle and reap the rewards of this prime location. Enquire today to start your journey in the sought after suburb of Northfield.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Land Size / 1,014 sqm (approx - sourced from Land Services SA)
Frontage / 28.77m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Port Adelaide Enfield
Council Rates / $1,725 pa (approx)
Water Rates (excluding Usage) / $874.20 pa (approx)
Es Levy / $180.30 pa (approx)
Current Rental / $465pw until 12/10/2024
Title / Torrens Title 5684/338
Easement(s) / Nil
Encumbrance(s) / Nil
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/d6Hfel
If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) and Contract of Sale which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts.
Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/
Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
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 information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.