Largs North at a glance
4,048
People
$900,500
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › Largs North › Magarey St
4
Bedrooms
1
Bathrooms
4
Car spaces
721 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 Largs North (last 5 years) with land size have a median of $1,805/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Largs North at a glance
4,048
People
$900,500
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 23 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 $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.
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
Largs North at a glance
4,048
People
$900,500
Median sale
$582/wk
Median rent
3.36%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White SemaphoreWhat an incredible gem to polish. A rare market opportunity, this State Bank Bungalow C1920 treasure has the worthy bones and the deep 721sqm block to excite the project buyer or keen investor a mere 160m to the pristine sands of Largs Bay Beach.
Its street appeal is a given, so too, every period detail within from its central hallway, polished timber flooring, lofty ceilings, and 4 gracious opening rooms including the interconnecting living room and large eat in country style kitchen with dishwasher.
The home offers 3 bedrooms, updated central bathroom with walk-in shower alcove, convenient mud/sunroom; upstairs you will find a loft-style office/4th bedroom or teenage retreat.
The rambling north-facing backyard, dotted with fruit trees and detached rear garages, are the measure by which its untold potential lies.
Things you'll love: -
• Coastal strip living
• Ripe for the renovator / investor on invaluable landholding of 721sqm
• Original condition state bank bungalow
• North facing rear aspect
• Large leading master bedroom
• Kitchen/Dining room gas heater & wall A/C
• Modest lean-to utility/laundry zone & separate toilet
• 2.8kw solar system
• Rear veranda
• Carport for multiple vehicles - perfect for trailers, boats, campervans
• Easy-care front yard
• Zoned for Largs Bay P.S & Ocean View College
In a charming street that grabs lifestyle to go just metres to the Foreshore, iconic Largs Pier Hotel & Jetty Road, moments to Roy Marten Reserve, vibrant Semaphore Road, evolving Port Adelaide Precinct, local shopping, restaurants & cafes, public transport, makes its destiny, reality…
This is an opportunity you don't want to miss!
**All information provided has been obtained from sources deemed to be reliable; however, we cannot guarantee the information is accurate and the vendor and the agent do not accept any responsibility or liability for any errors or omissions. Interested parties should conduct their own independent enquiries & advice regarding the property**
**The Form 1 - Vendor's statement may be inspected at Ray White Semaphore 1 Military Road, Semaphore South for 3 consecutive business days prior to the auction, and at the auction, 30 minutes before it starts**
Listing description written by Sophia Pampena, Ray White Semaphore — reproduced as published, not verified by Districts.