Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
$720,000
For sale
Asking
2
Bedrooms
2
Bathrooms
0
Car spaces
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
$720,000
Asking
No recorded sale for this property.
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Adelaide
-37.4%
Median sale
Suburb $1,150,000
+1.21 pp
Gross yield
Suburb 2.03%
Suburb median $1,150,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$44,518 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.
Pre-filled with Adelaide'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 $449/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.
Gross yield if leased at the suburb aggregate is 3.2%. 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
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Korn Real EstateRealm Apartment has the most central location to shopping, dining, and entertainment in the CBD. This well-appointed apartment delivers low-maintenance living with all the convenience of a vibrant city address. Ideal for owner-occupiers, professionals or investors, it offers an excellent opportunity to secure a modern residence in one of Adelaide’s most connected precincts.
The golden features are achieved through the use of custom perforated screens on apartments that aim to filter the sun and cool apartments in Adelaide's notorious summers. Entry to the building is via a five-star hotel-style lobby featuring an inlaid stone with a golden highlighted floor.
Level eight features a CrossFit-enabled gym with extensive mixed-use gym equipment and a climbing wall, two private function spaces include dining facilities and a games room, and an outdoor terrace includes a 25-meter lap pool and spa.
The home features 2 comfortable bedrooms and 2 bathrooms, providing a practical layout suited to shared living, guests or a lock-up-and-leave lifestyle. Thoughtfully designed for everyday ease, the apartment combines comfort and functionality in a setting that makes the most of inner-city living.
Enjoy the lifestyle benefits of having Adelaide’s dining, shopping, entertainment and public transport options just moments from your door. The tram stops 100m away which connect you to the Adelaide Central Market and Glenelg Beach. Whether you are looking to move straight in or add a quality property to your portfolio, this apartment presents an appealing chance to enjoy the best of city living.
* 100m to Tram Stop
* 120m to The University of Adelaide
* 150 to Rundle Mall
* 240m to the Art Gallery of South Australia
* 260m to the South Australian Museum
* 300m to Woolworths
* 700m to the Botanic Gardens
* 850m to the new Adelaide Botanic High School (opens in 2019)
* 900m to the Adelaide Zoo
* 1300m to Adelaide Oval
* 1500m to the Royal Adelaide Hospital
Outgoings:
* Council Rate: $555 per quarter (approx.)
* Strata Fee: $1872 per quarter (approx.)
Estimate rent: $800 per week
Disclaimer - The information contained here is gathered from a source that we believe to be reliable. However, we cannot guarantee its accuracy and do not accept any responsibility for its accuracy. All interested parties should rely on their own independent searches and Legal advice. RLA 255949
Listing description written by Ian Wang, Korn Real Estate — reproduced as published, not verified by Districts.