Glenelg East at a glance
3,901
People
$1,607,750
Median sale
$560/wk
Median rent
1.81%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Glenelg East › Wallace St
$1,920,000
Last sold
15 Feb 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
683 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
$1,920,000
15 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Glenelg East (last 5 years) with land size have a median of $2,469/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Glenelg East at a glance
3,901
People
$1,607,750
Median sale
$560/wk
Median rent
1.81%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Glenelg East
+19.4%
Median sale
Suburb $1,607,750
-0.29 pp
Gross yield
Suburb 1.81%
Suburb median $1,607,750 from 16 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
Glenelg East at a glance
3,901
People
$1,607,750
Median sale
$560/wk
Median rent
1.81%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Allan Real EstatePerfectly positioned situated in one of Glenelg Easts most popular streets, this spacious family home has been extended with family living front of mind.
Boasting an attractive street presence and set amongst other quality homes, the home is sure to impress.
The rear of the property is the hub of the home, the light filled open plan kitchen/living/dining features an abundance of glass and raked ceilings that flows to the stunning rear yard & alfresco via French doors.
A chefs dream, the well-appointed kitchen features quality appliances, stone & stainless steel benchtops and ample cupboard space and a walk-in pantry, perfect for those that love to entertain on a grand scale.
The kitchen overlooks the spacious open plan living and dining complete with beautiful timber flooring. An all-weather decked alfresco is the ideal spot for year-round entertaining and the perfect place to sit back, relax and watch the kids play on the expansive lawned area.
At the front of the home there is a 2nd living space which could be utilised as formal lounge or home theatre, a great area to enjoy your favourite sporting event or movie providing an ideal get away from the rest of the family.
Accommodation is well catered for with 4 double bedrooms. The north facing master overlooks the landscaped front yard and features a built-in robe and ensuite with underfloor heating. All of the remaining 3 bedrooms feature built-in robes and all are serviced by a large modern main bathroom.
A double length carport leads to a rear garage that could be utilised/converted to a games room, gym or teenager’s retreat subject to consents.
Other notable features include:
- Ducted heating & cooling throughout
- Automatic watering system
- Garden shed
- Just minutes to Jetty Road and Glenelg Beach
- Zoned for Brighton Secondary & Glenelg Primary Schools
Step out the front door and within minutes you will find yourself at desirable cafes & shopping. The cosmopolitan offerings of Jetty Road Glenelg are also just a short walk/tram ride away with its shopping, cafes, restaurants, and nightlife.
A selection of quality private school options are also at your fingertips with St Peters Woodlands, St Marys, Sacred Heart & Immanuel College all just minutes away.
Property Specifics:
Year Built / 1960
Land Size / 683sqm
Council / City of Holdfast Bay
Council Rates / $2,908.60 per annum
SA Water / $296.78 per quarter
ESL / $269.20 per annum
CT / Volume 5341 Folio 300
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.
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