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SA › Glandore › Mersey St

2 Mersey St, Glandore SA 5037

House

$927,000

Last sold

20 Jan 2023

4

Bedrooms

1

Bathrooms

2

Car spaces

605 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 $927,000 (20 Jan 2023).(Recorded sale)
  • FactLand 605 m²; no building size recorded.(Property record)
  • 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?

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

$927,000

20 Jan 2023 · 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

-17.6%

Median sale

Suburb $1,125,000

+0.57 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$927,00020 Jan 2023
  2. Listedprice unknowncompleted21 Dec 2022

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 Mersey St →

Listing material

Listed by Gary J Smith Real Estate Plympton

Classic Bungalow on Corner Block

Blessed with an unbeatable corner position fronting Mersey and Maude Streets, the perfect-sized 605m2 block and that eternal bungalow beauty, this one will have your heart at first glance.

Neat front gardens adding privacy are overlooked by a wide return verandah offering the perfect place for catching a summer sunset, before a beautiful slate-lined entry with detailed fretwork makes for the warmest welcome inside.

Flexibility reigns here, with three beautiful bedrooms each capturing lovely natural light courtesy of timber framed Colonial-style windows; a master overlooking the front yard with mirrored robes and bedroom two with stunning open fireplace. Each enjoy easy access to an upgraded central bathroom with dual shower heads, where white full-height tiles contrast perfectly with large format charcoal tiles lining an inset bath.

Read the full description

A formal living room with gas heater will make for a most comfortable winter retreat, or happily convert to a fourth bedroom should you require the extra accommodation.

The kitchen offers a huge 900mm oven and dishwasher to the home cook, perfectly positioned with views over the family room lined with picture windows and out to the backyard, along with an adjoining formal dining space accessible via an arched doorway.

Timber French doors opening onto the alfresco add ease and elegance to outdoor entertaining; a generous paved space with the perfect northerly aspect. A pitched roof double carport accessible via Maude Street is a fantastic option for inclement weather, while a sizeable stretch of instant lawn will provide relief for restless little legs (two or four).

More you'll adore on Mersey:

- A very sizeable detached rear rumpus/studio/home office/extra bedroom + split system air conditioner

- Ducted reverse cycle air conditioning

- Separate laundry with second w/c

- Combustion heater to family room

Arguably in one of Glandore's greatest spots, you'll find it an easy stroll to Tram Stop 7, Patio Coffee Roasters, Black Forest Primary School and the Glandore Oval, and moments from Kurralta Park or Castle Plaza Shopping Centres, Froth & Fodder Café or Beckman Street Deli and local schools and amenities, all smack bang between city and sea.

Come prepared to fall in love with this one.

Specifications:

CT / 5152 / 281

Council / City of Marion

Zoning / Established Neighbourhood

Council Rates / $2159.50 pa

SA Water / 198.04 pq

ES Levy / $396.50 pa

Land / 605m2 approx

Listing description written by Craig Smith, Gary J Smith Real Estate Plympton — reproduced as published, not verified by Districts.

Property features

  • Reverse Cycle Aircon
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.