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SA › Torrens Park › Brook St

U3, 1 Brook St, Torrens Park SA 5062

For saleUnit

$278,475

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $278,475 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $278,475(Listing record · 1 July 2026)
  • CalculationAsk is 88% below the Torrens Park median recorded sale ($2,245,000, n=12, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Torrens Park's advertised median rent ($604/wk), implied gross yield would be 11.28% — 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

$278,475

Asking

No recorded sale for this property.

Torrens Park at a glance

2,692

People

$2,245,000

Median sale

$604/wk

Median rent

1.40%

Suburb gross yield

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

See the full Torrens Park report →

Vs Torrens Park

-87.6%

Median sale

Suburb $2,245,000

+9.88 pp

Gross yield

Suburb 1.40%

Suburb median $2,245,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$278,475
Stamp Duty (South Australia)
$10,308
Transfer/Registration Fee
$2,768
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
$295,251

$16,776 on top of the price (6.0% 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 Torrens Park's advertised median rent — not a rent for this listing.

Net yield
9.78%
Annual cashflow (pre-tax)
$12,750
Interest cover (DSCR)
1.88
Annual rent
$31,408
Operating expenses
$4,177
Loan amount
$222,780
Annual interest
$14,481
Gross yield
11.28%

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$278,475available1 July 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 $604/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 11.3%. 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

Torrens Park in one glance

Torrens Park at a glance

2,692

People

$2,245,000

Median sale

$604/wk

Median rent

1.40%

Suburb gross yield

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

See the full Torrens Park report →

Keep researching

  • Why Torrens Park? Read the area thesis →
  • What else is on the market in Torrens Park →
  • Other records on Brook St →

Listing material

Listed by Ray White Colonel Light Gardens

Your Gateway into Sought-After Torrens Park

Best Offers by Thursday 27th of August at 3pm (Unless Sold Prior) | $475K

Nestled within a beautifully maintained and peaceful group, this low-maintenance unit offers a wonderful opportunity for first-home buyers, investors, downsizers, or anyone seeking an accessible lifestyle in the highly sought-after suburb of Torrens Park.

Filled with natural light and refreshed throughout, the home welcomes you into a spacious open-plan living, dining, and kitchen area, where large windows create a bright and inviting atmosphere with natural light. The well-equipped kitchen features an induction cooktop, electric oven, generous bench space with breakfast bar seating, and ample storage options.

Read the full description

Accommodation includes two full sized bedrooms, including a generous main bedroom complete with a built-in robe. The centrally located bathroom incorporates laundry facilities, bath and additional storage, maximising functionality.

Adding further appeal, the kitchen provides convenient access to a courtyard with a private clothesline. A rare feature is the 3.0kW solar system, which helps reduce everyday energy costs. A dedicated off-street car park, split-system air conditioning, and access to a communal laundry complete this appealing package.

Perfectly positioned, you'll enjoy easy access to Torrens Railway Station for a quick city commute, while Mitcham Square, Pasadena Foodland, quality schools, parks, and local amenities are all within easy reach.

More reasons to love this home:

- Strata-titled unit within a neat and well-maintained group

- Two bedrooms, including a main bedroom with built-in robe

- Light-filled open-plan living, dining, and kitchen area

- Kitchen with induction cooktop, electric oven, breakfast bar, and ample storage

- Bathroom with integrated laundry facilities

- Floating floorboards & freshly painted throughout

- Split-system air conditioning

- Shared courtyard with private clothesline

- 12-panel solar system with 3.0kW inverter

- Keyed access to communal laundry facilities

- Dedicated private car park

- Close to Mitcham Square and Pasadena Foodland

- Zoned for Mitcham Primary School and Unley High School

- Conveniently located near Scotch College and public transport

Disclaimer: All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions. RLA 355129.

Listing description written by Joe Marriott, Ray White Colonel Light Gardens — reproduced as published, not verified by Districts.

Also look at

Also for sale in Torrens Park

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  • 4 Glenburnie Ave, Torrens Park SA 5062

    4-bed house for sale. Currently listed.

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  • 29 Braemar Rd, Torrens Park SA 5062

    3-bed house for sale. Currently listed.

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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.