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 › Salisbury St
$2,060,000
Last sold
24 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
359 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
$2,060,000
24 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,132/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
-5.1%
Median sale
Suburb $2,170,000
+0.07 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 Allan Real EstateThis brand-new, custom designed home completed in 2025, showcases a perfect blend of luxurious finishes and thoughtful design. With its bold street presence and stunning interior, it’s a property that redefines modern living.
The ground floor welcomes you with soaring 3m ceilings and premium engineered oak flooring. The entry leads to a spacious and light filled open-plan living area that harnesses the northern light and provides the ideal space for family living and entertaining.
A chef’s dream, the kitchen boasts stone benchtops, a 900mm Bosch induction cooktop, two Bosch pyrolytic ovens, and a walk-in butler’s pantry, all complemented by soft-close joinery and skylights that fill the space with natural light. Completing the living space is an electric feature fireplace and a glass encased wine/bar room, large enough to cater for the largest of collections.
Step outside to a fully equipped alfresco area featuring an outdoor kitchen—perfect for year-round gatherings. The low maintenance backyard is meticulously landscaped, with exposed aggregate paths adding to the home’s polished aesthetic. Speaker provisions in the ceilings and backlighting wiring for the wine room enhance the home’s entertainment appeal.
Accommodation is both luxurious and practical. The ground-floor master suite offers engineered oak flooring, feature cladding, a spacious walk-in robe, and a stunning ensuite with dual vanities, stunning skylights, and floor-to-ceiling feature tiles.
Upstairs, three additional double bedrooms with built-in robes are serviced by a stunning bathroom with a freestanding bath, complemented by a generous study and a family retreat for the ultimate breakout space.
This home’s standout finishes include a semi-cantilevered staircase, pivot front door, and feature tiling in all bathrooms, elevating its architectural sophistication. Stone benchtops run throughout the home, reflecting its commitment to quality and style.
Situated just moments from Somerton Beach, this property offers the ultimate coastal lifestyle. Whether you’re enjoying walks on the beach, exploring the nearby Brighton and Glenelg dining precincts, or taking a short stroll to the vibrant Glenelg South cafe and shopping precinct, including The Mediterranean Cafe, Oliveti, Broadway Hotel, Sabai, Polk, The Organic, Good Slice Pizza, Seafaring Fools, Le Paris and Foodland you’ll love this vibrant location.
Other notable features:
- Zoned for Brighton Secondary School
- 3m ceilings to the lower level
- Quality sheers/curtain/blinds throughout
- Double automatic garage with storage
- Ducted reverse-cycle air conditioning
- Powder room
- Premium fixtures and finishes throughout
- Wine room with feature cladding and backlighting wiring
- Automatic irrigation system
- Proximity to Sacred Heart College and other esteemed schools, including St Peter’s Woodlands, McAuley, Immanuel, and Westminster Colleges
Surrounded by high-caliber homes, this property offers a rare opportunity to secure your dream lifestyle in a premier coastal location.
Property Specifics:
Year Built / 2025
Council / City of Holdfast Bay
Land Size / 359 sqm (approx)
Council Rates / $2,529.10 per year
SA Water Rates / $165.55 per quarter
ESL / $231.00 per year
CT / Volume 6309 Folio 260
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. RLA 239101
Listing description written by Brad Allan, Allan Real Estate — reproduced as published, not verified by Districts.