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SA › Glandore › Margaret St

2 Margaret St, Glandore SA 5037

House

$960,000

Last sold

4 Dec 2024

3

Bedrooms

2

Bathrooms

3

Car spaces

625 m²

Land

138 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $960,000 (4 Dec 2024).(Recorded sale)
  • CalculationLand 625 m² against a 138 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Glandore (last 5 years) with land size: median $1,693/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$960,000

4 Dec 2024 · derived via latest_sale

Local land rate: recorded House sales in Glandore (last 5 years) with land size have a median of $1,693/m² of land (n=67). Districts calculation from recorded sales — not a valuation.

Glandore at a glance

3,027

People

$1,125,000

Median sale

$577/wk

Median rent

2.67%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Glandore report →

Vs Glandore

-14.7%

Median sale

Suburb $1,125,000

+0.46 pp

Gross yield

Suburb 2.67%

Suburb median $1,125,000 from 15 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$960,0004 Dec 2024
  2. Listedprice unknowncompleted10 Nov 2024

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 $577/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

Glandore in one glance

Glandore at a glance

3,027

People

$1,125,000

Median sale

$577/wk

Median rent

2.67%

Suburb gross yield

Median sale from 15 recorded sales (last 12 months) — a Districts calculation.

See the full Glandore report →

Keep researching

  • Why Glandore? Read the area thesis →
  • What else is on the market in Glandore →
  • Other records on Margaret St →

Listing material

Listed by Magain Real Estate

SOLD BY TRAVIS DENHAM and ANDREW FOX

Please contact Travis Denham & Andrew Fox from Magain Real Estate from Magain Real Estate for all your property advice.

Situated in the desirable suburb of Glandore, this charming three-bedroom residence rests on a spacious block, exuding a timeless elegance that's sure to impress. From its welcoming façade to its thoughtfully designed interior, this home perfectly balances style and functionality for refined living. Located directly across from Glandore Oval, this is a perfect spot for families to enjoy.

Step inside to find an inviting entryway that flows seamlessly throughout. Rich timber floors and decorative cornices add an elegant touch to a warm, comfortable atmosphere that extends across the home.

Read the full description

The home is built favourably with a north/south aspect. At the front, a formal lounge is bathed in natural light from large picture windows, offering views across the front lawn to the park and oval. This peaceful space is ideal for relaxation or socialising with family and friends. Adjacent is a versatile study that can be tailored as a home office, formal dining room, additional bedroom, or creative space to meet your needs.

The well-equipped kitchen provides ample cupboard and bench space, complete with a 900mm gas cooktop and oven, rangehood, and dedicated fridge nook, making it perfect for everything from gourmet cooking to quick meal prep.

The dining area invites shared meals and entertaining, seamlessly connecting to a delightful sunroom and second living area with gas wall heater, creating a flexible floorplan suited to any lifestyle.

Each of the three bedrooms is designed with comfort in mind. The master suite features a walk-in robe and private ensuite, while bedrooms two and three offer built-in cupboards and ceiling fans, enhancing storage and comfort.

Additional features include ducted reverse-cycle air conditioning, a large rear shed, a garden shed, and two 3000L rainwater tanks, adding functionality to the property.

Outside, the home truly shines. An in-ground fiberglass swimming pool and a spacious, pitched pergola create an ideal space for year round entertaining, where family and friends can enjoy outdoor gatherings, barbecues, and relaxation. The large shed offers generous storage and workshop potential, inviting you to bring your hobbies and projects to life.

A single garage and extended driveway ensure secure parking options.

This home's prime location completes its appeal. Close to esteemed schools such as Immanuel College, Emmaus Christian College, and Westminster School, plus a short drive from the beautiful Glenelg Beach, Moseley Square, and Jetty Road's vibrant shops and dining, less than a 12 minute drive to CBD, it offers both lifestyle and convenience. Less than 2 min walk to Bus (stop 9 to city) and 5 minute walk to city to bay bike/walking track, tram and train, you'll be spoilt for choice of access to city, beaches, universities and hospitals. More than a home, this property offers an unmatched lifestyle opportunity not to be missed.

Disclaimer: All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.

(RLA 299713)

Magain Real Estate Brighton

Independent franchisee - Denham Property Sales Pty Ltd

Listing description written by Travis Denham, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
  • Outdoor Entertaining
  • In-Ground Pool
  • Shed
  • Water Tank
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.