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SA › Glenelg South › Chester St

2 Chester St, Glenelg South SA 5045

House

$1,310,000

Last sold

26 Aug 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

390 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,310,000 (26 Aug 2023).(Recorded sale)
  • FactLand 390 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Glenelg South (last 5 years) with land size: median $3,393/m² of land (n=34). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,310,000

26 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Glenelg South (last 5 years) with land size have a median of $3,393/m² of land (n=34). Districts calculation from recorded sales — not a valuation.

Glenelg South at a glance

2,228

People

$1,265,000

Median sale

$560/wk

Median rent

2.30%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Glenelg South report →

Vs Glenelg South

+3.6%

Median sale

Suburb $1,265,000

-0.08 pp

Gross yield

Suburb 2.30%

Suburb median $1,265,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,310,00026 Aug 2023
  2. Listedprice unknowncompleted7 Aug 2023

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 $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.

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

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

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

Glenelg South in one glance

Glenelg South at a glance

2,228

People

$1,265,000

Median sale

$560/wk

Median rent

2.30%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Glenelg South report →

Keep researching

  • Why Glenelg South? Read the area thesis →
  • What else is on the market in Glenelg South →
  • Other records on Chester St →

Listing material

Listed by Bronlea Real Estate

Are you looking for a sea change?

If you are seeking beachside living, perhaps need an easy-care Adelaide base or maybe a great seaside investment property to add to your portfolio, this fully renovated, freestanding solid brick home is definitely a must to view!

The home features a lovely blend of open plan living areas, both inside and out. Whether enjoying a few drinks with friends at the 4m long breakfast bar, a weekend barbecue with the family under the outdoor pergola or perhaps a quiet Sunday morning coffee in the back courtyard you will find that this home has been updated with entertaining in mind.

The kitchen is the heart of the home and features ample storage, appliance cupboard, fully integrated dishwasher, 900mm gas cooktop, self-cleaning pyrolytic oven, feature glass splashback, solid Australian oak breakfast bar front and 40mm stone benchtops with waterfall ends. The kitchen opens to the lounge and the dining area ensuring that you are still part of the action while preparing lunch or dinner for your guests. The dining area features double sliding doors that open out to the all-weather outdoor entertaining area creating a lovely transition from inside out.

Read the full description

All bedrooms are generous in size. The main bedroom, located at the rear of the home, features a large built in robe plus stunning ensuite with a double shower, dual vanities and two mirrored cupboards. The cupboards and drawers provide loads of storage for all your bathroom essentials plus have handy hidden power points. The second bedroom is huge and is located at the front of the home, with a bay-window and large walk in robe. The third bedroom has a lovely northern aspect, and also features a large built in robe. There is also a guest bathroom plus modern laundry with under-bench washing machine and dryer (included with the sale).

Situated on approximately 390m2 the home has easy-care established gardens plus an exposed aggregate concreted courtyard for additional outdoor entertaining.

Additional features include:

• Ducted reverse-cycle air-conditioning throughout

• Gas instantaneous hot water service with two temperature controllers

• Plumbing provision to the fridge alcove

• Plantation shutters to the front bedroom and dual roller blinds to both rear bedrooms

• Ceiling fans to all bedrooms

• Fully tiled floors throughout creating a low-allergenic environment

• Built in entertainment unit with solid Australian oak top

• 66" Samsung wall-mounted television and Samsung soundbar (included with the sale)

• Velux sky window in dining area with solar honeycomb blinds

• Double garage with automatic panel-lift door, internal access, rear roller door plus handy pin code access

• Additional off-street parking for two cars

• Microchip cat door plus the rear fences all have cat netting to keep your feline friends from roaming

• Security cameras and security doors

Situated only 350m to The Organik Cafe for your morning coffee, 450m to The Broadway Hotel or 700m to The Holdy for Friday night drinks with friends plus walking distance to many other great cafes, restaurants and shops, not to mention only 450m to the beach! Does it get any better than this?!

This is also situated in the Brighton High School Zone and is close to many other great public and private schools including St Peters Woodlands Grammar School, Glenelg Primary School and Sacred Heart College.

Does this sound like somewhere you can see yourself living? Come and take a look!

* Settlement negotiable up to the 3rd November 2023.

PLEASE NOTE:

This property is being auctioned with no price in line with current real estate legislation. To assist you with your research on the property's market value we can provide you with the recent sales for homes in the area. Please contact the agent and we can forward these to you.

The vendor's statement can be provided to you via email or can be viewed at the agent's office in the three days preceding the auction (please contact the agent to arrange a time to view the document). The vendor statement will also be available for viewing at the property on auction day for 30 minutes before the auction begins.

Whilst we try our absolute best to obtain the correct information for this advertisement, the accuracy of this information cannot be guaranteed, and all interested parties should view the property and seek their own independent advice.

RLA309601

Listing description written by Bronwyn Drabsch, Bronlea Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.