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SA › Adelaide › Gilles St

U29, 211 Gilles St, Adelaide SA 5000

For saleTownhouse

$1,050,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

118 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,050,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,050,000(Listing record · 24 June 2026)
  • CalculationRecorded Townhouse sales in Adelaide (last 5 years) with land size: median $8,402/m² of land (n=3). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 9% below the Adelaide median recorded sale ($1,150,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Adelaide's advertised median rent ($449/wk), implied gross yield would be 2.22% — 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

$1,050,000

Asking · $8,898/m² of land

No recorded sale for this property.

Local land rate: recorded Townhouse sales in Adelaide (last 5 years) with land size have a median of $8,402/m² of land (n=3). Districts calculation from recorded sales — not a valuation.

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.

See the full Adelaide report →

Vs Adelaide

-8.7%

Median sale

Suburb $1,150,000

+0.19 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.

Total cost to purchase

Purchase Price
$1,050,000
Stamp Duty (South Australia)
$51,580
Transfer/Registration Fee
$10,853
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
$1,116,133

$66,133 on top of the price (6.3% 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

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

Net yield
0.72%
Annual cashflow (pre-tax)
$-47,002
Interest cover (DSCR)
0.14
Annual rent
$23,348
Operating expenses
$15,750
Loan amount
$840,000
Annual interest
$54,600
Gross yield
2.22%

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$1,050,000available24 June 2026

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 $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.

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 2.2%. 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

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

Adelaide in one glance

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.

See the full Adelaide report →

Keep researching

  • Why Adelaide? Read the area thesis →
  • What else is on the market in Adelaide →
  • Other records on Gilles St →

Listing material

Listed by Eclipse Real Estate

Contact Agent to Inspect

Say hello to a city-fringe lifestyle that takes low-maintenance living to the next level. Positioned within a secure and tightly held enclave, this Torrens Titled townhouse delivers the perfect blend of space, style and convenience, all crowned by a rooftop terrace that's sure to steal the show.

Spread across three well-designed levels, the home offers a flexible floorplan that suits professionals, city lovers, downsizers and investors alike. The ground floor is dedicated to everyday living, where warm timber floors, neutral tones and an open-plan design create an inviting atmosphere. The kitchen sits at the heart of it all, complete with quality Bosch appliances including a dishwasher and a brand-new Bosch oven installed just last month and never used, alongside a gas cooktop, breakfast bar seating and excellent storage. The adjoining living and dining area flows effortlessly to a private rear patio for easy entertaining.

Upstairs, the spacious master suite enjoys its own balcony, built-in robe and ensuite, creating a peaceful retreat away from the main living spaces. Bedroom two also includes a built-in robe, while the third bedroom offers flexibility for guests, a home office or growing families. A central bathroom services the upper level with ease.

Read the full description

Then there's the rooftop terrace. A rare addition that truly sets this home apart, this expansive outdoor space offers the perfect setting for long lunches, evening drinks, entertaining friends or simply enjoying a peaceful escape above the city. With elevated views and endless versatility, it's a feature you'll find yourself using year-round.

A rare and valuable feature for CBD living, this well-appointed home offers private and secure off-street parking under the main roof. The generous carport comfortably accommodates one vehicle, with additional space that could suit a second compact car depending on size. Alternatively, the extra area provides plenty of flexibility for additional storage, a workbench or workspace. It's a practical point of difference that many townhomes in the area simply can't offer.

Adding even further appeal, the home is Torrens Titled, offering the freedom and ownership benefits buyers are seeking without the complexities of strata management.

The location is equally impressive. Positioned on the edge of the CBD, you'll enjoy the best of Adelaide at your doorstep. Walk to vibrant cafés, restaurants, bars, parklands and the Adelaide Central Market, while public transport, universities and major shopping precincts are all within easy reach. Whether it's work, study or weekend plans, everything is just moments away.

Check me out:

— Torrens Titled townhouse

— Three-bedroom, two-bathroom floorplan across three levels

— Expansive rooftop terrace ideal for entertaining

— Spacious open-plan living and dining area

— Kitchen featuring quality Bosch appliances

— Brand-new Bosch oven installed last month and never used

— Bosch dishwasher and gas cooktop

— Private rear patio for outdoor dining and relaxation

— Master suite with ensuite, built-in robe and private balcony

— Built-in robes in bedrooms two

— Flexible third bedroom, guest room or home office

— Central family bathroom with bath-tub

— Secure large carport rare in the CBD

— Ducted air conditioning throughout

— Secure community setting in a sought-after city-fringe location

— Walking distance to cafés, restaurants, parklands and the CBD

— And so much more...

Specifications:

CT // 5781/344

Home // 211 sqm*

Land // 118 sqm*

Built // 2001

Council // City of Adelaide

Nearby Schools // Gilles Street Primary School, Sturt Street Community School, Goodwood Primary School, Richmond Primary School, Adelaide High School, Adelaide Botanic High School

$135 per quarter shared driveway insurance

On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.

Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Matthew Vinci – 0468 584 513

matthewv@eclipserealestate.com.au

Julio Musolino – 0428 432 632

juliom@eclipserealestate.com.au

RLA 277 085

Listing description written by Matthew Vinci, Eclipse Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Secure Parking
  • Toilets: 2
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.