Goolwa Beach at a glance
2,254
People
$730,000
Median sale
$505/wk
Median rent
3.60%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
SA › Goolwa Beach › Merrett Ave
$480,000
Last sold
5 Feb 2025
3
Bedrooms
1
Bathrooms
3
Car spaces
933 m²
Land
121.89 m²
Building
Districts View
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
$480,000
5 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Goolwa Beach (last 5 years) with land size have a median of $809/m² of land (n=113). Districts calculation from recorded sales — not a valuation.
Goolwa Beach at a glance
2,254
People
$730,000
Median sale
$505/wk
Median rent
3.60%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Goolwa Beach
-34.2%
Median sale
Suburb $730,000
+1.87 pp
Gross yield
Suburb 3.60%
Suburb median $730,000 from 30 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 $505/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
UnknownArea
Goolwa Beach at a glance
2,254
People
$730,000
Median sale
$505/wk
Median rent
3.60%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris South CoastCited on a generous 933m² (approx.) block, this three-bedroom, one-bathroom home offers endless possibilities for first homebuyers, renovators, or savvy investors. With nearly a quarter-acre of land, there's plenty of room to create your dream lifestyle, with either renovation to existing, or remove and re-build that dream home.
The home offers a warm and inviting open-plan lounge and living area, complemented by a cast-iron combustion heater-perfect for cozy evenings. Ceiling fans are in the main living area, master bedroom, and second bedroom, assisting with year-round comfort within the 4 walls. The master bedroom also includes built-in wardrobes for added convenience.
Adding versatility to the layout is an adjoining rumpus room/second living area, kids' retreat, or home office. The property's hardiplank cladding exterior ensures durability and flexibility with any upgrades or renovation, while the fully fenced rear yard provides a safe and private space for pets or children to play.
For those with a green thumb or DIY ambitions, the large shed offers ample storage and workspace. The property is serviced by an aerobic septic system, combining practicality with eco-conscious living.
Whether you're looking to move in yourself, renovate and add value, invest in a property with good potential at an entry-level price, or demolish and re-build, this home ticks all the boxes. The expansive yard is set up for creating a space for entertaining, gardening, or even extending the existing home (STCA).
Don't miss this incredible opportunity to secure an affordable property with much to offer. With space and potential, this property is ready for its next chapter-will it be yours?
Specifications:
CT / 5137/442
Council / Alexandrina
Zoning / Neighbourhood (Residential)
Built / 1976
Land / 933m2 (approx)
Frontage / 20.42m
Council Rates / $1590pa
Emergency Services Levy / $89.95pa
SA Water / $78.60pq
Estimated rental assessment: $420 - $450 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Goolwa P.S, Port Elliot P.S., Victor Harbor P.S., Mount Compass Area School, Investigator College, Encounter Lutheran, Eastern Fleurieu Ashbourne Campus, Goolwa Secondary College, Victor Harbor H.S., Eastern Fleurieu Strathalbyn 7-12 Campus, Eastern Fleurieu R-12 School
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 | 337539
Listing description written by Paul Price, Harris South Coast — reproduced as published, not verified by Districts.
Nearby 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.