Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
SA › Somerton Park › Muriel Ave
$1,190,000–$1,250,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
341 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
Asking
$1,190,000–$1,250,000
Asking range · $3,490/m² of land
No recorded sale for this property.
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Somerton Park
-45.2%
Median sale
Suburb $2,170,000
+1.11 pp
Gross yield
Suburb 1.34%
Suburb median $2,170,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$75,303 on top of the price (6.3% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Somerton Park's advertised median rent — not a rent for this listing.
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.
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 $560/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.
Gross yield if leased at the suburb aggregate is 2.4%. 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
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
UnknownNearby 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.
Area
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Lewis PriorFirst National Lewis Prior takes pride in presenting this property to the market
Rarely does an opportunity arise to secure a brand-new residence that combines exceptional craftsmanship, premium finishes and a design focused on effortless modern living.
From the moment you step inside, the home makes a lasting impression. Soaring 3-metre ceilings and an abundance of natural light create an immediate feeling of openness, while the carefully selected finishes provide a sense of luxury throughout.
Designed with modern living in mind, the versatile floorplan offers three generous bedrooms and two beautifully appointed bathrooms. The main bedroom serves as a private retreat, complete with a walk-in robe and ensuite, while bedrooms two and three include built-in robes and are positioned to provide comfort and privacy for family or guests.
The centrepiece of the home is undoubtedly the stunning open-plan living and dining area. Here, a designer kitchen takes pride of place, featuring stone benchtops, feature pendant lighting, a striking tiled splashback and premium appliances including a gas cooktop, electric oven and dishwasher. The impressive butler's pantry adds another layer of practicality with extensive storage, plumbed fridge provision and excellent preparation space.
Every detail has been considered to maximise comfort and security, including ducted and zoned reverse cycle air conditioning, LED lighting throughout, security cameras, intercom access, an electric entry gate and internal access from the double garage.
The low-maintenance gardens ensure your weekends can be spent enjoying the lifestyle rather than maintaining it, while the location places shopping, transport and everyday amenities within easy reach. Families will also appreciate the sought-after zoning for Warradale Primary School and Brighton Secondary School.
A superb opportunity for Downsizers, First Home Buyers and Investors to secure a quality-built residence in a highly sought-after suburb.
FIRST HOME BUYERS AND DOWNSIZERS TAKE NOTE - YOU MAY QUALIFY FOR GRANTS OR EXEMPTIONS.
First home buyers, are you eligible for any of the below?
-$15k grant (First Home Owner Grant) - No stamp duty
Downsizers, are you eligible for any of the below?
-No stamp duty for eligible Downsizers.
For more information on this property or to Find Out What Your Home Is Worth . . . FREE, please contact Brett Lewis or Paul Harris
Listing description written by Brett Lewis, First National Real Estate Lewis Prior — reproduced as published, not verified by Districts.