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 › Esplanade
$3,500,000
Last sold
8 Dec 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
535 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
$3,500,000
8 Dec 2025 · derived via latest_sale
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,132/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
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
+61.3%
Median sale
Suburb $2,170,000
-0.51 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.
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.
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
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 Allan Real EstateSet on Somerton Park’s prestigious Esplanade, this 535sqm Torrens Titled allotment presents one of the rarest opportunities on Adelaide’s coastline. With a 12.41m frontage and elevated positioning, the site offers sweeping, unobstructed views across the Gulf that can never be built out.
Currently comprising a well-maintained 3 bedroom maisonette, the master boasts sea views and a walk-in robe with built-in robes to the second bedroom.
The home features open plan kitchen, living and dining areas plus second living/dining rooms at the front of the home to soak up the sea views and an alfresco entertaining also overlooking the coast.
Whether your vision is a luxury family home, contemporary downsizer retreat, or multi-apartment build (approved plans available for up to 3 dwellings), the options here are unmatched.
Positioned on the renowned “Golden Mile”, this address combines an enviable coastal lifestyle with access to the area’s best schools, shopping and cafés. Buyers seeking a once-in-a-lifetime beachside investment will appreciate the rare scale, flexibility and long-term value of this offering.
Find home:
- Torrens Titled allotment of 535sqm with 12.41m frontage
- Elevated position offering panoramic, unobstructed ocean views
- Second living room providing flexible family or guest use
- Master suite with walk-in robe & modern bathroom
- Double carport with secure access
Find lifestyle:
- Positioned on Somerton Park’s exclusive “Golden Mile” Esplanade
- Walk to Broadway cafés, Jetty Road Glenelg dining & Brighton shopping
- Zoned for Paringa Park Primary & Brighton Secondary, with leading private schools nearby
- Direct access to the beach, parks, walking trails & coastal amenities
Find opportunity:
- 535sqm landholding with 12.41m Esplanade frontage
- Approved plans available for up to 3 luxury apartments
- Ideal site for a prestige new home or multi-dwelling development (STCC)
- Hold, rent or occupy now while securing long-term capital growth potential
All building subject to consents and demolition will require remediation to adjoining wall.
Property Specifics:
Year Built / 1946
Council / City of Holdfast Bay
Land Size / 535sqm (approx.)
Council Rates / $5,733.25 per annum
SA Water / $528.49 per quarter
ESL / $457.75 per annum
CT / Volume 5501 Folio 150
Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. RLA 239101
Listing description written by Brad Allan, Allan Real Estate — reproduced as published, not verified by Districts.