Largs North at a glance
4,048
People
$900,500
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › Largs North › Farringdon St
$885,000
Last sold
26 July 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
442 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
Last sold
$885,000
26 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Largs North (last 5 years) with land size have a median of $1,792/m² of land (n=64). Districts calculation from recorded sales — not a valuation.
Largs North at a glance
4,048
People
$900,500
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Largs North
-1.7%
Median sale
Suburb $900,500
+0.06 pp
Gross yield
Suburb 3.36%
Suburb median $900,500 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $582/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
UnknownArea
Largs North at a glance
4,048
People
$900,500
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCAuction Sat, 26th Jul - 10.30am
Investors alert! Welcome to a golden opportunity that combines reliable dual-income streams with the lifestyle perks of a tightly held coastal location.
Offering two fully self-contained dwellings on one Torrens titled allotment, each on separate, secure fixed-term leases with reliable, long-standing tenants already in place. This exceptional property delivers instant income, minimal vacancy risk, and strong long-term growth potential. It's a rare, ready-made investment in a tightly held coastal location where demand continues to rise and returns are rock solid.
Just two streets from the stunning Largs North Esplanade and set on a generous 442sqm (approx.) allotment with a wide 14.63m frontage, this is a rare find that will speak straight to the seasoned investor or smart first-time portfolio builder.
Main Residence:
• 2 bedrooms, 1 bathroom
• Spacious layout with a secure and low-maintenance front yard
• Long-term tenants in place
• Returning $475 per week on a fixed lease until March 2026
• Water Use - 60% / Water Supply - 50%, Separate elec. meter
Detached Guest House:
• 1 bedroom, 1 bathroom
• Completely self-contained with separate access and private outdoor space
• Currently returning $300 per week
• Lease secured until July 2026
• Water Use - 40% / Water Supply - 50%, Separate elec. meter
That's a total of $775 per week – or over $40,000 per year in rental income – already locked in, with stable tenants and minimal risk. This is the ultimate set-and-forget investment, offering excellent cash flow from day one.
Largs North has long been a favourite for tenants seeking a relaxed coastal lifestyle without compromising on connectivity or convenience. With the Esplanade just moments away, the beach becomes your backyard, while vibrant local cafés, shops, public transport, and well-regarded schools are all within easy reach. Plus, being just a short drive to Semaphore, Port Adelaide, and the CBD – this location continues to show solid capital growth trends.
This is a rare and reliable investment opportunity you won't want to miss. Whether you're expanding your portfolio or looking for a set-and-forget asset by the beach, 1 Farringdon Street, Largs North is a standout performer.
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 275403
Listing description written by Samantha Hirniak, OC — reproduced as published, not verified by Districts.
Nearby 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.