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SA › Glen Osmond › Milne St

1 Milne St, Glen Osmond SA 5064

For saleHouse

$12,851,385

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

457 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $12,851,385 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $12,851,385(Listing record · 19 Aug 2026)
  • CalculationRecorded House sales in Glen Osmond (last 5 years) with land size: median $2,308/m² of land (n=29). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 623% above the Glen Osmond median recorded sale ($1,777,750, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Glen Osmond's advertised median rent ($700/wk), implied gross yield would be 0.28% — 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

$12,851,385

Asking · $28,121/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Glen Osmond (last 5 years) with land size have a median of $2,308/m² of land (n=29). Districts calculation from recorded sales — not a valuation.

Glen Osmond at a glance

2,158

People

$1,777,750

Median sale

$700/wk

Median rent

2.05%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Glen Osmond report →

Vs Glen Osmond

+622.9%

Median sale

Suburb $1,777,750

-1.77 pp

Gross yield

Suburb 2.05%

Suburb median $1,777,750 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$12,851,385
Stamp Duty (South Australia)
$700,656
Transfer/Registration Fee
$134,858
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
$13,690,599

$839,214 on top of the price (6.5% 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 Glen Osmond's advertised median rent — not a rent for this listing.

Net yield
-1.22%
Annual cashflow (pre-tax)
$-824,643
Interest cover (DSCR)
-0.23
Annual rent
$36,400
Operating expenses
$192,771
Loan amount
$10,281,108
Annual interest
$668,272
Gross yield
0.28%

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$12,851,385available19 Aug 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 $700/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 0.3%. 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

Glen Osmond in one glance

Glen Osmond at a glance

2,158

People

$1,777,750

Median sale

$700/wk

Median rent

2.05%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Glen Osmond report →

Keep researching

  • Why Glen Osmond? Read the area thesis →
  • What else is on the market in Glen Osmond →
  • Other records on Milne St →

Listing material

Listed by LJ Hooker Kensington

A Private Sanctuary of Style & Warmth!

Privately positioned in a leafy and secure setting, this fully renovated Torrens Title 1980's duplex offers an easy transition into Glen Osmond living. Set on approx. 457sqm, the three-bedroom home combines generous proportions, light-filled interiors and fresh, contemporary finishes, with new carpets, fresh paint and ducted reverse-cycle air conditioning creating a comfortable, move-in-ready feel.

A wide entrance flows into the L-shaped lounge and dining areas, where large colonial-style windows fill the space with natural light. The north-facing lounge captures beautiful winter sunshine, while a split-system air conditioner, in addition to the ducted system, provides added comfort and climate control to this inviting living zone.

Centrally positioned within the home, the contemporary kitchen combines style with practicality. Stone benchtops, a Bosch oven and dishwasher, gas and electric connections, a breakfast bar and generous pantry storage provide everything you need for effortless everyday living. Flowing directly from the kitchen, the second living area creates a relaxed space for the family to gather, ensuring the cook is always part of the conversation and never left out of the action.

Read the full description

The accommodation comprises three generously sized bedrooms, with the main suite privately positioned at the rear of the home. A walk-in robe leads through to a sleek ensuite, complete with floor-to-ceiling tiling, double vanity and quality fixtures. Bedrooms two and three are both well positioned and feature built-in robes, while the beautifully renovated main bathroom and separate laundry mirror the sophisticated style of the ensuite, creating a cohesive finish throughout.

Outside, the backyard presents a blank canvas with plenty of scope to create an outdoor setting tailored to your lifestyle - whether it's a space for the children to play, the family dog to roam, entertaining friends or simply enjoying the morning sunshine. The front porch offers a welcoming spot for a morning coffee, while secure off-street parking is provided by the carport, complete with an electric roller door.

Comfortable year-round living is well catered for with ducted reverse-cycle air conditioning, while the home's fresh presentation means there is little to do but move in and enjoy.

The location is equally compelling, with Seymour College just moments away and the home zoned for Glen Osmond Primary School and Glenunga International High School. Just 7km from the Adelaide CBD, with Burnside Village and the Adelaide Hills both within easy reach, this is a prime position that places shopping, schools, the city and lifestyle attractions all conveniently close at hand.

Offering broad appeal, this is an ideal opportunity for downsizers seeking a low-maintenance home, first home buyers looking to enter the sought-after Glen Osmond market, young families wanting space, quality schooling and lifestyle convenience, or investors seeking a well-presented property in a tightly held location.

This is a home where the hard work has been done - simply move in, settle in and enjoy the warmth, comfort and security that this lifestyle has to offer.

EXPRESSIONS OF INTEREST: Closes Tuesday 1 September at 5pm.

($1,285,000 - $1,385,000)

CT: Volume 5493 Folio 505

Council: City of Burnside

Council Rates: $1,688.10 per annum (approx.)

Water Rates: $236.26 per quarter (approx.)

Land Size: 457 square metres (approx.)

Year Built: 1980 (approx.)

To make an offer, copy and paste the below link into your browser:

https://buy.realtair.com/properties/289062

RLA 275279

Listing description written by Janine Bergin, LJ Hooker Kensington — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
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.