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SA › Findon › Burt Ave

U13, 1 Burt Ave, Findon SA 5023

For saleOther

$590,000–$630,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $590,000–$630,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $590,000–$630,000(Listing record · 17 May 2023)
  • CalculationAsk is 45% below the Findon median recorded sale ($1,082,000, n=44, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Findon's advertised median rent ($627/wk), implied gross yield would be 5.53% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$590,000–$630,000

Asking range

No recorded sale for this property.

Findon at a glance

7,684

People

$1,082,000

Median sale

$627/wk

Median rent

3.01%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Findon report →

Vs Findon

-45.5%

Median sale

Suburb $1,082,000

+2.52 pp

Gross yield

Suburb 3.01%

Suburb median $1,082,000 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$590,000
Stamp Duty (South Australia)
$26,280
Transfer/Registration Fee
$6,023
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$626,003

$36,003 on top of the price (6.1% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Findon's advertised median rent — not a rent for this listing.

Net yield
4.03%
Annual cashflow (pre-tax)
$-6,926
Interest cover (DSCR)
0.77
Annual rent
$32,604
Operating expenses
$8,850
Loan amount
$472,000
Annual interest
$30,680
Gross yield
5.53%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$590,000–$630,000available17 May 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $627/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.5%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Findon in one glance

Findon at a glance

7,684

People

$1,082,000

Median sale

$627/wk

Median rent

3.01%

Suburb gross yield

Median sale from 44 recorded sales (last 12 months) — a Districts calculation.

See the full Findon report →

Keep researching

  • Why Findon? Read the area thesis →
  • What else is on the market in Findon →
  • Other records on Burt Ave →

Listing material

Listed by Ray White Grange

Stunning And Spacious Airy Apartment With Superb Feature, Finish and Scenic Views!

Light-filled and lofty, few suburban apartments feel as spacious or airy as this absolute stunner held in the heart of thriving Findon. Elevated second-storey living delivers a refreshing tranquillity and ambience here as this incredible open-plan entertaining seamlessly extends to a scenic all-weather balcony alfresco overlooking the panoramic Ray Street Reserve.

This superb living space is headlined by a designer chef's zone where crisp cabinetry, gleaming stainless appliances, sleek electric cook top, and sweeping bench top and breakfast bar is ready for the morning rush, cocktail hour to kickstart your weekends as well as vino-inspired dinners with friends. In the warmer months, let fresh air breeze through the home, while an electric log fireplace makes winter nights as cosy as can be for what is an all-season entertainer.

With a highly versatile floorplan rarely found in apartment living, 13/1 Burt Street feels more like a stylish and sophisticated property without all the upkeep. Featuring two good-sized bedrooms both with handy built-in robes and serviced by the sparkling main bathroom, well-placed master with blue sky views, walk-in wardrobe and private ensuite, concealed laundry and ducted AC throughout - this is stress-free, move-in ready living at its best.

Read the full description

The perfect purchase for a professional couple as well as a growing family or downsizing duo where every day conveniences are a must, then look no further. Leave the car at home and walk to Findon Shopping Centre, treat yourself at popular local cafés and restaurants dotted along Grange Road, hit the beach and back in just 6-minutes each way for an impeccable summer lifestyle, while the CBD sits a quick 13-minutes from your front door in what is quintessential city to sea living.

THINGS WE LOVE

• Stunning open-plan dining, living and balcony alfresco entertaining overlooking blue skies and lush green reserves

• Sleek and stylish designer kitchen featuring great bench top space, abundant cabinetry and cupboards, and stainless appliances including dishwasher and easy-clean electric cook top

KEY FEATURES

• Large format tile floors, ambient LED downlighting, square-set ceilings and windows, and stylish timber feature entertainment wall with toasty electric, log fireplace

• Generous master bedroom with WIR and luxe ensuite

• 2 good-sized bedrooms both with BIRs

• Sparkling main bathroom with separate shower and tub

• Concealed laundry area and ducted AC throughout

• Spacious balcony for picture-perfect outdoor living from sunny lunches to balmy twilight evenings

• Plumbed fridge/freezer with ice maker and filtered water

• 2 generous secure car parks and secure visitor car parking

LOCATION

• A short stroll to Findon Shopping Centre for all your everyday needs

• Close to cafés, restaurants and delicious takeaway shops

• Only 6-minutes to the soft sands of Grange Beach and less than 15-minutes to Adelaide CBD

Disclaimer

All information contained herein is gathered from sources we (CLIQUECREATIVE) deem to be reliable and every effort has been made to verify its accuracy. However, final approval from the vendor is required prior to using the content of this document in any marketing or publishing material. CLIQUECREATIVE accepts no responsibility for any errors or omissions contained within.

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Ray White Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.

Property Details:

Council | CHARLES STURT

Zone | HDN - Housing Diversity Neighbourhood\\

Appartment | 130sqm(Approx.)

Built | 2009

Council Rates | $TBC pa

Water | $TBC pq

ESL | $TBC pa

Listing description written by Alex Diamond, Ray White Grange — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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