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SA › Gulfview Heights › Grenadier Grove

17 Grenadier Grove, Gulfview Heights SA 5096

For saleHouse for Sale

$1,050,000–$1,130,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

656 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,050,000–$1,130,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,050,000–$1,130,000(Listing record · 10 Aug 2026)
  • CalculationAsk is 16% above the Gulfview Heights median recorded sale ($905,000, n=9, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gulfview Heights's advertised median rent ($579/wk), implied gross yield would be 2.87% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,050,000–$1,130,000

Asking range · $1,601/m² of land

No recorded sale for this property.

Gulfview Heights at a glance

3,618

People

$905,000

Median sale

$579/wk

Median rent

3.33%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Gulfview Heights report →

Vs Gulfview Heights

+16.0%

Median sale

Suburb $905,000

-0.46 pp

Gross yield

Suburb 3.33%

Suburb median $905,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,050,000
Stamp Duty (South Australia)
$51,580
Transfer/Registration Fee
$10,853
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,116,133

$66,133 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Gulfview Heights's advertised median rent — not a rent for this listing.

Net yield
1.37%
Annual cashflow (pre-tax)
$-40,242
Interest cover (DSCR)
0.26
Annual rent
$30,108
Operating expenses
$15,750
Loan amount
$840,000
Annual interest
$54,600
Gross yield
2.87%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,050,000–$1,130,000available10 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $579/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Gulfview Heights in one glance

Gulfview Heights at a glance

3,618

People

$905,000

Median sale

$579/wk

Median rent

3.33%

Suburb gross yield

Median sale from 9 recorded sales (last 12 months) — a Districts calculation.

See the full Gulfview Heights report →

Keep researching

  • Why Gulfview Heights? Read the area thesis →
  • What else is on the market in Gulfview Heights →
  • Other records on Grenadier Grove →

Listing material

Listed by LJ Hooker Property Specialists

Private, Peaceful and Perfectly Positioned for Family Living

Tucked away in a peaceful and private pocket of Gulfview Heights, this generously proportioned 1999-built family home offers the space, comfort and flexibility families are looking for, with plenty of scope to add your own personal style over time.

Set on an impressive 656sqm (approx.), the home delivers an inviting blend of spacious interiors, fresh modern updates and relaxed outdoor living - creating a wonderful foundation for families ready to settle in and make it their own.

From the moment you step inside, you'll appreciate the fresh, move-in-ready presentation. The home has been freshly painted throughout, with brand-new carpets to all four bedrooms and the formal lounge, complemented by stylish contemporary laminate flooring flowing through the main living areas.

Read the full description

At the heart of the home is the expansive open-plan living and dining zone, seamlessly connecting with the generous kitchen. Recently enhanced with brand-new stainless-steel appliances, the kitchen provides plenty of space for everyday family meals, entertaining friends and everything in between.

For added versatility, a separate formal lounge at the front of the home provides a peaceful retreat for movie nights, quiet relaxation or a second space for the family to spread out.

Accommodation is well catered for with four spacious bedrooms, including a generous master suite complete with its own ensuite and walk-in robe. Bedrooms two and three feature built-in robes, while ceiling fans to all bedrooms provide an added level of comfort.

Step outside and discover an inviting space designed for easy family living and entertaining. The pitched pergola creates a fantastic undercover area for weekend barbecues, afternoon drinks or relaxed gatherings, while the generous lawn provides plenty of room for children and pets to play.

Year-round comfort is well considered with ducted evaporative cooling and a gas wall heater, while the double automatic garage provides secure parking and valuable storage. Solar panels add another practical advantage, helping to keep energy costs down.

Features to love:

* Four generously sized bedrooms, with the master featuring a walk-in robe and ensuite

* Built-in robes to bedrooms 2 and 3, plus ceiling fans to all bedrooms

* Spacious open-plan family and meals area with ceiling fans

* Well-appointed kitchen with brand-new stainless-steel appliances, corner pantry, island bench and ample storage

* Separate front lounge room with ceiling fan

* Ducted evaporative air-conditioning and gas wall heater for year-round comfort

* Brand-new carpets to all bedrooms and lounge room

* Stylish laminate flooring throughout the main living areas

* Freshly painted throughout for a bright, refreshed feel

* Expansive outdoor entertaining area with pitched pergola, perfect for entertaining in every season

* Low-maintenance backyard with lawn space for kids and pets to enjoy

* Solar panels for added energy efficiency

* Double garage with automatic roller doors and convenient internal access

Offering space, comfort and plenty of potential, this is a home you can enjoy today while adding your own personal touch over time. With its practical layout, generous living spaces and convenient location, it's an opportunity not to be missed. A fantastic opportunity to secure a home with room to grow and make your own.

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 our LJ Hooker Property Specialists Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

RLA 208516

Listing description written by Carla Doecke, LJ Hooker Property Specialists — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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