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 › Wilton Ave
$1,521,000
Last sold
18 Sept 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
553 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
$1,521,000
18 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,146/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
-29.9%
Median sale
Suburb $2,170,000
+0.57 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 NickolasExperience coastal living at its finest within this Regent Homes winner on Wilton Avenue.
Impeccably constructed and beautifully maintained, clever design ensures this home looks and feels as fresh as the day it was completed. From Blackbutt floors to a Farquar kitchen with a Caesarstone island bar, German appliances including a 900mm gas cooktop, plus new Smeg oven, it's all here.
Dual sets of fabulous bifold doors to the outdoor living complete the picture for seamless spring entertaining, with an Alfresco boasting Blackbutt decking, cafe blinds, surround sound and a BBQ gas point for maximum usability.
A separate wing for the kids ensures restful sleep, with big bathrooms for all. You'll love the parents' suite, set on the front of the home to capitalise on its northerly orientation, while a fourth bedroom or lounge gives your household options.
Positioned a dash to Somerton Beach, things are looking up. Step into the lap of luxury in Somerton Park.
Features
• Double garage with front and rear access ideal for boats/caravans plus further secure off-street parking
• Caesarstone benchtops to kitchen and bathrooms
• Reverse cycle ducted A/C throughout plus ceiling fans to bedrooms
• 6.6kW solar system with 5kW solar inverter, installed May 2020
• Western red cedar front door and tinted front windows
• Secure electric gates
• Irrigated landscaping
Lifestyle
• Moments to Summertown Studio, Good Day and Plunge Recovery
• Close to Brighton Road supermarket shopping and takeaway including Woolworths and Foodland
• Zoned to the revered Brighton Secondary and Paringa Park Primary, close to •Sacred Heart College and Westminster School and within the catchment area for Ballara Park Kindergarten
• Easy acces to Brighton Road bus stops and a short drive to Glenelg trams and Hove Train Station
• Just 1.3km to Somerton Park Esplanade, 2.2km to Westfield Marion and 9.2km to the Adelaide CBD
Rates
• City of Holdfast Bay
• Torrens title
• Council $2326.80PA
• SA Water $312.71PQ
• ES Levy $216.50PA
Disclaimer at noakesnickolas.com.au | RLA 315571
Listing description written by Simon Noakes, Noakes Nickolas — reproduced as published, not verified by Districts.