West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › West Lakes Shore › Military Rd
3
Bedrooms
2
Bathrooms
4
Car spaces
331 m²
Land
249 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in West Lakes Shore (last 5 years) with land size have a median of $1,956/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
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 $579/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
West Lakes Shore at a glance
3,150
People
$1,321,000
Median sale
$579/wk
Median rent
2.28%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgWelcome to 264 Military Road, West Lakes Shore-a masterpiece of modern luxury and sustainable living. This newly designed, family-friendly home boasts impeccable style and cutting-edge technology, making it the epitome of contemporary elegance.
Constructed with double brick, this home ensures superior noise reduction and temperature control, providing a serene and comfortable sanctuary. The state-of-the-art in-built air conditioning system, seamlessly controllable via an app or wall panel, exemplifies convenience and sophistication.
A hallmark of this exquisite residence is its integration into the prestigious ENGIE VPP program. The advanced solar panels and battery system not only generate an abundance of energy during the warmer months but also eliminate electricity bills entirely, offering unparalleled financial savings. The battery backup ensures uninterrupted functionality of critical systems, such as the gate and garage door, even during power outages, providing peace of mind and security.
Step inside to discover expansive living areas bathed in natural light, featuring high-end finishes and luxurious touches throughout. The grand master bedroom is a private retreat, offering tranquility and opulence. The gourmet kitchen, complete with a walk-in pantry, is a culinary haven designed for both functionality and style. The secure gated entrance adds an extra layer of exclusivity, while the meticulously landscaped, low-maintenance backyard is perfect for sophisticated outdoor entertaining. Revel in the morning sun streaming into the downstairs living spaces, and bask in the afternoon glow in the elegant upstairs living area, creating an ambiance of warmth and luxury.
Location is paramount, and 264 Military Road excels in every aspect. Just steps away from the pristine beach, this residence offers the ultimate coastal lifestyle. Proximity to Westfield West Lakes provides a plethora of high-end shopping, dining, and entertainment options, while the nearby Jubilee Reserve and vibrant Semaphore Road enhance the allure with additional recreational and social opportunities.
Indulge in the luxury, sustainability, and prime location that 264 Military Road, West Lakes Shore offers. This exceptional home is a rare opportunity to experience the finest in modern living.
What we Love:
• New design family-friendly home
• Double brick construction for noise reduction and temperature control
• In-built air conditioning system controllable via app and wall panel
• Solar panels and Tesla battery system as part of the ENGIE VPP program
• No electricity bills for over two years, significant financial savings
• Tesla battery backup for uninterrupted functionality during power outages
• Expansive living areas with high-end finishes
• Large master bedroom as a private retreat
• Gourmet kitchen with walk-in pantry
• Secure gated entrance
• Meticulously landscaped, low-maintenance backyard
• Morning sun in downstairs living areas
• Afternoon sun in upstairs living spaces
• Walking distance to the beach
• Close to Westfield West Lakes for shopping, dining, and entertainment
• Nearby Jubilee Reserve and Semaphore Road for additional recreational and social opportunities
Auction: Saturday, 10th August 2024 at 10.00am
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at 742 Anzac Highway, Glenelg, SA 5045 for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
Listing description written by Nathan Viola, Ray White Glenelg — reproduced as published, not verified by Districts.
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