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 › Phillipps St
4
Bedrooms
2
Bathrooms
2
Car spaces
513 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,139/m² of land (n=78). 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.
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 Harris Real Estate BlackwoodFor those that crave an oceanfront position with a touch more privacy, this bespoke residence was architecturally conceived by Larry Piscioneri and custom crafted by master builder Ian Krivic – delivering an unwavering sense of upscaled style to its highly sought Somerton street.
Taking luxurious shape under a sky-high void and vintage chandelier, the grand entry extends a sophisticated welcome before introducing its deluxe primary suite – creating the ultimate haven to indulgently unwind within a Travertine-tiled ensuite bestowing double basins and walk-in rain head shower.
Striking the perfect parallel between indulgent entertainment and luxe relaxation, the intuitive Farquhar kitchen creates a divine backdrop to the open plan hub - defined by the full suite of Miele appliances and ultra-thick Calacatta marble benchtops – state-of-the-art in every way.
Floating between indoor and outdoor living, wall-to-wall windows invite in a wealth of natural light, encouraging you to slide back glass doors and make full use of the Electrolux BBQ kitchen - sheltered from the seasons by a ceiling fan, Heatstrips and Ziptrak enclosable blinds.
Every future summer will be spent alternating from poolside to beachside, while the fire pit is the cosiest place to gather for melted marshmallows and a full-bodied red during winter.
Plush wool carpets and sheer curtains evoke a sense of soft luxury throughout the three-bedrooms, extra retreat and connecting terrace of the second level- forming the perfect generational wing alongside a fully tiled bathroom with deluxe freestanding tub.
From starting your days with an Esplanade walk, Broadway café visit and easy school drop-off - to experience the full spectrum of lifestyle perfection during every season, look no further than 15 Phillipps Street.
Even more to love:
• Electric heated, saltwater swimming pool
• Miele induction cooktop, oven, steam oven & dishwasher
• Butler's pantry with second dishwasher
• Vintec wine cabinet & drinks fridge
• Walk-in robe to master, built-in to bedrooms 2, 3 & 4
• Bathrooms & powder room fully tiled in Travertine
• Ducted vacuuming
• Speaker system
• Marble & stone benchtops
• American Oak flooring & staircase
• Wool carpets
• Ducted R/C air conditioning
• Gas fireplace
• Fully irrigated, landscaped gardens
• Intercom, CCTV & pet-censored alarm system
• Footsteps from bus stop, Sacred Heart College, SPW & Jetty Road
• Zoned for popular Paringa Park Primary & Brighton Secondary
• Just 20-minutes from the CBD
Specifications:
CT / 5501/183
Council / Holdfast Bay
Zoning / GN
Built / 2010
Land / 513m2 (approx.)
Frontage / 15.24m
Council Rates / $4,389.05pa
Emergency Services Levy / $375.80pa
SA Water / $392.71pq
Estimated rental assessment: $1400 - $1500 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Paringa Park P.S, Warradale P.S, Brighton Secondary School, Springbank Secondary College
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 (including but not limited to a property's 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 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Guy Barrett, Harris Real Estate Blackwood — reproduced as published, not verified by Districts.