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SA › Gilberton › Mersey St

10B Mersey St, Gilberton SA 5081

Apartment

$627,000

Last sold

19 Nov 2025

2

Bedrooms

1

Bathrooms

1

Car spaces

63 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $627,000 (19 Nov 2025).(Recorded sale)
  • FactLand 63 m²; no building size recorded.(Property record)

What could make it worth more?

  • FactZoned Housing Diversity Neighbourhood (HDN) under the Planning and Design Code.(Location SA · 31 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$627,000

19 Nov 2025 · derived via latest_sale

Gilberton at a glance

1,566

People

$645,750

Median sale

$640/wk

Median rent

5.15%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Gilberton report →

Vs Gilberton

-2.9%

Median sale

Suburb $645,750

+0.16 pp

Gross yield

Suburb 5.15%

Suburb median $645,750 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Planning and Design Code

Zone

Housing Diversity Neighbourhood

HDN

Jurisdiction

Walkerville

Walkerville, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 2005025724

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. Sold$627,00019 Nov 2025
  2. Listedprice unknowncompleted5 Nov 2025
  3. Soldprice unknown2 July 2021
  4. Listedprice unknowncompleted24 June 2021
  5. Listedprice unknowncompleted24 June 2021

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?

Confidence: low

Zoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 28 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $640/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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 28 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Gilberton in one glance

Gilberton at a glance

1,566

People

$645,750

Median sale

$640/wk

Median rent

5.15%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Gilberton report →

Keep researching

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

Listing material

Listed by Noakes Nickolas

Effortless Living, City Convenience.

Best Offers By 24/11 at 10am - Unless Sold Prior

Light, airy, and wonderfully connected, this inviting two-bedroom apartment captures the essence of effortless living in one of Adelaide's most desirable city-fringe suburbs. Nestled among leafy surrounds with views through the treetops, it offers warmth, comfort, and everyday convenience - a perfect fit for professionals, downsizers, or investors alike.

Step inside to discover a welcoming open-plan design where living and meals flow easily to an undercover balcony, creating a relaxed space to unwind or entertain. From here, you can enjoy leafy views and even catch the sunrise as your day begins. The kitchen is both stylish and functional, featuring stone benchtops, gas cooking, a dishwasher, and generous storage, all bathed in natural light.

Read the full description

Both bedrooms include built-in robes and soft carpet underfoot, while the fully-tiled combined bathroom and laundry add everyday practicality with a touch of modern elegance.

With thoughtful touches including keyless entry, intercom security, and a reverse-cycle split system, every detail supports a lifestyle of ease and comfort.

Perfectly placed just moments from the River Torrens and walking distance to Melbourne Street shops and eateries, the Botanic Gardens, and the CBD, 10B Mersey Street delivers city-fringe living at its most convenient - peaceful, polished, and wonderfully connected.

Features

• Strata-titled apartment in a well-kept group

• Open-plan living & meals with seamless outdoor flow & treetop views

• Modern kitchen with stone benchtops, gas cooktop, oven, dishwasher & ample storage

• Private tiled balcony for alfresco enjoyment

• 2 bedrooms, both with BIRs

• Fully-tiled combined bathroom & laundry with storage

• Reverse-cycle split system to main living area

• Laminate timber floors to living, plush carpet to bedrooms

• Keyless entry & intercom with camera

• 2.7m ceilings throughout

• Single car space

• Communal garden retreat area surrounded by greenery

• NBN connectivity

Lifestyle

• Steps to the River Torrens Linear Park trail

• Walk to FIX. Specialty Coffee, Melbourne Street cafés & the Botanic Gardens

• Moments to the Adelaide CBD by foot, bike, bus or car

• Walking distance to Adelaide University

• Zoned for Walkerville Primary, Adelaide High & Adelaide Botanic High

• Close to leading private schools including St Peter's College & Wilderness School

Rates

• Council $1541.80PA

• SA Water $165PQ

• ES Levy $133.80PA

• Strata $1430PQ

• Town of Walkerville

• Strata title

• Built 2015

• Land Size 63sqm

Disclaimer at noakesnickolas.com.au/privacy-policy | RLA 315571

Listing description written by Darcy Harcourt, Noakes Nickolas — 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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.