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 › Rossall Rd
$2,325,000
Last sold
11 Apr 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
390 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
$2,325,000
11 Apr 2024 · 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
+7.1%
Median sale
Suburb $2,170,000
-0.09 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 Noakes NickolasWelcome to ORANA on Rossall.
Resting on a quiet street a mere 580 meters to the water, this exceptional 2024 high end residence completed by Semble Property in collaboration with Alliance Construction is set to change your lifestyle in the beautiful heart of Somerton Park.
Crafted with a focus on connecting beautiful design and modern practicality, every detail has been thoughtfully considered to create this one of a kind beachside abode.
Features to love:
- Feature Byron Limestone facade and timber batten panelling with a gable roofline
- Generous 341sqm of living space with four bedrooms and two living areas
- 3m ceiling height to the entire lower level with 4.7m raked ceilings to the living and dining space
- Timber flooring and high end locally manufactured Boucle carpet throughout
- Ground floor master bedroom featuring floor-to-ceiling sheer curtains, custom walk in robe and a luxurious ensuite
- Designer Kitchen finished with champagne 'Meir' tapware, stone tops, a venetian plaster curved island bench, illuminated feature pendant lights, timber-toned cabinetry, quality appliances, and a large butler's pantry
- Custom designed open bar with wine fridge provisions
- Feature gas fireplace
- Main bathroom appointed with floor-to-ceiling tiling, large freestanding bath and a large walk-in shower
- Outdoor kitchen with stone benchtop, Heatlie natural gas 600mm Island Gourmet Elite BBQ, Beefeater Range hood and Velux skylight
- Fully tiled magnesium mineral swimming pool with heat pump, glass fencing and outdoor hot/cold shower
- Daikin 14kW reverse cycle zoned and ducted A/C plus HeatMaster Enviro gas fireplace and ceiling fans to living, main bedroom and alfresco
- Secure double garage with a large store room plus further off-street parking
- Hardwired alarm system
- Front and rear irrigation system
- Urban Slimline 3000L rainwater tank
- Zoned to the coveted Brighton Secondary and Paringa Park Primary, close to Sacred Heart College, Westminster School and Immanuel College and within the catchment area for Somerton Park Kindergarten
- Easy access to public transport along King George Avenue and Brighton Road plus Hove Railway Station
- Just 580m to the sea, 2.5km to Westfield Marion and under 10km to the Adelaide CBD
Land Size: 390sqm
Frontage: 9m
Year Built: 2024
Title: Torrens
Council: City of Holdfast Bay
Council Rates: $2708PA
SA Water: $153.70PQ
ES Levy: $254.10PA
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. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.
Listing description written by Simon Noakes, Noakes Nickolas — reproduced as published, not verified by Districts.