Glengowrie at a glance
6,190
People
$1,300,000
Median sale
$582/wk
Median rent
2.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
SA › Glengowrie › Penn Corner
$900,000–$950,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
348 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
$900,000–$950,000
Asking range · $2,586/m² of land
No recorded sale for this property.
Local land rate: recorded Land sales in Glengowrie (last 5 years) with land size have a median of $1,778/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Glengowrie at a glance
6,190
People
$1,300,000
Median sale
$582/wk
Median rent
2.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Glengowrie
-30.8%
Median sale
Suburb $1,300,000
+1.03 pp
Gross yield
Suburb 2.33%
Suburb median $1,300,000 from 33 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.
$56,308 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 Glengowrie'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 $582/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 3.4%. 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
UnknownArea
Glengowrie at a glance
6,190
People
$1,300,000
Median sale
$582/wk
Median rent
2.33%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate BlackwoodProposed Allotments 13 and 13A Penn Corner, Glengowrie
● LAND ONLY | $900,000 – $950,000 per allotment
Secure the land and pursue your own vision, subject to approvals.
● HOUSE & LAND | $2,097,000 – $2,147,000 per package
Choose the complete house and land opportunity, with an architecturally considered four-bedroom residence of approximately 305sqm proposed for each allotment and construction by Finesse Built under a separate building contract.
Two proposed allotments. Two exceptional new homes. The flexibility to decide how you bring yours to life.
In a desirable Glengowrie pocket, 13 & 13A Penn Corner present a rare opportunity to secure one or two proposed allotments of approximately 348sqm each and either pursue your own plans or bring an impressive Finesse Built residential concept to life.
For those choosing the complete house and land offering, approximately 305sqm unfolds across two levels, with four bedrooms, two living zones, a ground-floor master suite, double garage and alfresco.
A soaring raked ceiling and architectural void bring volume and natural light to the open-plan living zone. The kitchen and walk-in pantry sit at its centre, while family and dining extend naturally to the alfresco.
A gas fireplace adds warmth, while the privately positioned ground-floor master suite includes a walk-in robe and ensuite. Upstairs, three further bedrooms, the main bathroom and a generous second lounge provide valuable separation.
Double glazing, hardwood flooring, feature timber ceilings, square-set finishes, full-height bathroom tiling and ducted reverse-cycle air conditioning complement the architecture.
The proposed Finesse Built residence:
• Approx. 305.41sqm total proposed built area
• Four bedrooms across two levels
• Ground-floor master suite with walk-in robe and ensuite
• Bedrooms two and three with built-in robes; bedroom four with walk-in robe
• Two separate living zones
• Approx. 7.27m x 5.48m family and meals area
• Raked ceiling and architectural void
• Real Flame Inspire 900 MK2 natural gas fireplace
• Kitchen with generous walk-in pantry
• Allowances for feature lighting and kitchen appliances
• Main bathroom plus ground-floor powder room
• Separate laundry and additional storage
• Approx. 5.90m x 6.50m double garage
• Approx. 4.27m x 3.50m alfresco
• Semi-commercial double-glazed aluminium windows and doors
• Ducted reverse-cycle air conditioning
• R6.0 ceiling and R2.5 wall insulation where applicable
• Square-set plasterwork and feature timber ceilings
• Australian floating hardwood flooring and heavy-duty carpet
• Full-height bathroom tiling and frameless glass shower screens
• Extensive joinery and benchtop allowances
• 5,000L slimline rainwater tank
• Alarm, intercom and internal NBN provisions
• Contemporary rendered and lightweight-clad exterior
With Glenelg and the coastline just minutes away, enjoy easy access to the beach, Jetty Road, nearby reserves, schools, amenities and public transport, all from the quieter residential surrounds of Glengowrie.
Secure the land, or bring the Finesse Built design to life.
Important information
● LAND ONLY | $900,000 – $950,000 per allotment | two available
● HOUSE & LAND | $2,097,000 – $2,147,000 per package | two available
House and land pricing is based on the proposed land price plus the current Finesse Built construction price of $1,197,000 including GST.
Purchasers will enter into a contract for the purchase of a proposed allotment at either 13 or 13A Penn Corner, Glengowrie, with the option to enter into a separate building contract directly with Finesse Built for construction of the proposed residence.
Plans, elevations, artist impressions, dimensions, areas, specifications, inclusions and landscaping are indicative and may be subject to change, final selections, necessary approvals and documentation. Building pricing is based on the current Finesse Built Building Schedule and remains subject to the allowances, exclusions, variations and conditions of the applicable building contract.
Specifications
CT / 5646/275
Council / Marion
Zoning / GN
Built / 1957
Land / 348sqm each (approx.)
Frontage / 9.14m each
Estimated rental assessment / Available upon request
Nearby Schools / Glenelg P.S, Warradale P.S, Paringa Park P.S, Ascot Park P.S, St Leonards P.S, Hamilton Secondary College, Brighton Secondary School, Plympton International College, Seaview H.S
**Disclaimer:** All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions, including but not limited to land size, floor plans and size, building age and condition. Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for three consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
RLA | 343664
Listing description written by Guy Barrett, Harris Real Estate Blackwood — reproduced as published, not verified by Districts.
Nearby 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.