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 › Parry Ave
$1,215,000
Last sold
16 Feb 2024
4
Bedrooms
1
Bathrooms
3
Car spaces
702 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
$1,215,000
16 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,146/m² of land (n=77). 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.
Vs Somerton Park
-44.0%
Median sale
Suburb $2,170,000
+1.06 pp
Gross yield
Suburb 1.34%
Suburb median $2,170,000 from 40 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
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 Belle Property GlenelgSituated on the beautiful and quiet Parry Avenue, this solid brick four-bedroom home on a full-size allotment of 702sqm has a world of potential. Simply live as is, renovate to your taste or start fresh, the choice is yours.
Durable parquet floors glide through the lounge room, featuring an open fire and slate hearth. Etched glass dividing doors effortlessly slide aside to reveal the dining zone, a kitchen rich in cabinetry with updated electric appliances and a new dishwasher, as well as a sunlit casual meals nook. All bedrooms are fitted with built-in robes, while the flexible fourth bedroom/rear office receives an abundance of natural light.
Observe the ever-changing interior tones throughout the day, complemented by timber joinery, cedar blinds, and architraves. Follow the sun's gentle cues to the family room addition, where garden views, lofty ceilings, and expansive glass peaking to approximately 3.4m create an inviting space.
Outside features an undercover entertaining area with a combination of a large lawn and a shed ideal for kids & pets or perfect for a substantial extension and perhaps a swimming pool.
Key Features:
- Open plan living and dining area flowing seamlessly to the undercover veranda
- Functional kitchen with electric oven & new dishwasher
- Three generous sized bedrooms, all include built in robes
- Ceiling fans in all bedrooms
- Light filled fourth bedroom/study with ceiling fan overlooking the outdoor entertaining area
- Central family bathroom complete with bath, shower, vanity and separate toilet
- Large undercover entertaining area surrounded by low maintenance gardens
- Secure garage with tilt door access and direct access to the rear yard
- Additional off street parking available
- Ducted evaporative cooling throughout
- New hot water service
- Zoned to Brighton Secondary School
Experience pure bliss in Somerton Park, where a peaceful stroll along the Esplanade Boardwalk is poised to become an integral part of your daily routine. The Broadway kiosk offers a perfect pitstop for your morning coffee. Excellent schools are within immediate reach, with the Sacred Heart College conveniently located just meters from your front door. Numerous public transport options facilitate a seamless commute to the iconic Jetty Road in Glenelg or the Adelaide CBD, ensuring immediate access to trendy cafes, award-winning restaurants, and high-quality shopping to enhance the lifestyle of your dreams.
Specifications:
Built / 1955
Land Size / 702m2
Council Rates / $470 PQ
Council / City of Holdfast Bay
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 advice. RLA 254416
Listing description written by Michael Gentilcore, Belle Property Glenelg — reproduced as published, not verified by Districts.