Glenelg East at a glance
3,901
People
$1,607,750
Median sale
$560/wk
Median rent
1.81%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
SA › Glenelg East › Gower St
$1,460,000
Last sold
4 Oct 2023
4
Bedrooms
2
Bathrooms
1
Car spaces
725 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
$1,460,000
4 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Glenelg East (last 5 years) with land size have a median of $2,541/m² of land (n=45). Districts calculation from recorded sales — not a valuation.
Glenelg East at a glance
3,901
People
$1,607,750
Median sale
$560/wk
Median rent
1.81%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Vs Glenelg East
-9.2%
Median sale
Suburb $1,607,750
+0.18 pp
Gross yield
Suburb 1.81%
Suburb median $1,607,750 from 16 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
Glenelg East at a glance
3,901
People
$1,607,750
Median sale
$560/wk
Median rent
1.81%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate BlackwoodBest Offers By 10.00am Wednesday 4th of October 2023 (Unless Sold Prior)
Nestled amongst surrounding character architecture and the wide Jacaranda-lined streets of arguably the best seaside pocket, this versatile residence is as solid as ever, offering an eternal state of south-facing sunshine and a zoned ticket to coveted Brighton Secondary and Glenelg Primary.
From the mid-century charm of the well-kept façade to the luminous north-facing and easy-care rear yard, every inch of this 725sqm allotment has been lovingly cared for by one family for over fifty years.
Extended to contend with modern-day family needs and now ready to please a new generation of custodians, the four-bedroom footprint boasts multiple living zones anchored around light-filling picture windows.
Ducted evaporative cooling and spilt system air conditioning provide relief from both ends of the extreme weather spectrum, whilst two bathrooms and a rear sunroom deliver on the further flexibility that busy families seek.
Established neighbourhood zoning allows you to make that new-build dream a reality, or if you are more renovating-inclined the current solid structure permits the addition of a double garage and even a pool just in time for summer (STCC).
Just when you think you've hit the jackpot with the pure potential of this coastal haven, you recall the inherited amenities at your beck and call – one street removed from the tram stop providing an easy connection from city to bay, Da Costa Reserve playground, the buzzing café culture of Jetty Road and just a 15-minute stroll to submerse yourself in the salty seawater.
The promise of possibility is even more exciting from your perfect position on Gower…
Even more to love:
- Secure carport & additional off-street parking
- Built-in robes to master & rear bedroom
- Corner spa bath
- Ducted evaporative & split system air conditioning
- Undercover entertaining
- Garden shed
- Zoned for Glenelg Primary & Brighton Secondary
- Moments to Dunbar Terrace Kindergarten, Immanuel, Sacred Heart College & St. Peter's Woodlands
- Proximity to Westfield Marion, Flinders University & Hospital
Specifications:
CT / 5711/390
Council / Holdfast Bay
Zoning / EN
Built / 1950
Land / 725m2
Frontage / 16.46m
Council Rates / $2,607.75pa
Emergency Services Levy / $223.85pa
SA Water / $250.72pq
Estimated rental assessment / $690 to $720 per week / Written rental assessment can be provided upon request
Nearby Schools / Glenelg P.S, Plympton International College, Warradale P.S, Brighton Secondary School, Springbank Secondary College
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 (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409
Listing description written by Karen Dorman, Harris Real Estate Blackwood — reproduced as published, not verified by Districts.