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SA › Victor Harbor › Flinders Pde

29/2-5 Flinders Pde, Victor Harbor SA 5211

For saleApartment

$1,800,000–$1,950,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,800,000–$1,950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,800,000–$1,950,000(Listing record · 6 May 2026)
  • CalculationAsk is 131% above the Victor Harbor median recorded sale ($780,000, n=12, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Victor Harbor's advertised median rent ($545/wk), implied gross yield would be 1.57% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,800,000–$1,950,000

Asking range

No recorded sale for this property.

Victor Harbor at a glance

4,924

People

$780,000

Median sale

$545/wk

Median rent

3.63%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Victor Harbor report →

Vs Victor Harbor

+130.8%

Median sale

Suburb $780,000

-2.06 pp

Gross yield

Suburb 3.63%

Suburb median $780,000 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,800,000
Stamp Duty (South Australia)
$92,830
Transfer/Registration Fee
$18,728
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,915,258

$115,258 on top of the price (6.4% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Victor Harbor's advertised median rent — not a rent for this listing.

Net yield
0.07%
Annual cashflow (pre-tax)
$-92,260
Interest cover (DSCR)
0.01
Annual rent
$28,340
Operating expenses
$27,000
Loan amount
$1,440,000
Annual interest
$93,600
Gross yield
1.57%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,800,000–$1,950,000available6 May 2026

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 $545/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

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Victor Harbor in one glance

Victor Harbor at a glance

4,924

People

$780,000

Median sale

$545/wk

Median rent

3.63%

Suburb gross yield

Median sale from 12 recorded sales (last 12 months) — a Districts calculation.

See the full Victor Harbor report →

Keep researching

  • Why Victor Harbor? Read the area thesis →
  • What else is on the market in Victor Harbor →
  • Other records on Flinders Pde →

Listing material

Listed by Harris South Coast

Penthouse Living on Victor Esplanade

For those seeking the pinnacle of effortless coastal luxury, this exceptional corner penthouse in the tightly held "Breeze Apartments" delivers on every level. Perfectly positioned on the foreshore in the heart of Victor Harbor, this expansive residence (approx. 202m² including balconies) offers a rare opportunity to secure one of the South Coast's most desirable apartment addresses.

From the moment you step inside, the sense of quality and space is unmistakable. White porcelain tiles reflect abundant natural light, enhanced by the prized north-eastern orientation. A striking entry void and feature staircase create a dramatic first impression, leading to the upper-level accommodation.

The open-plan living area is framed by full-height picture windows, capturing uninterrupted views across Soldiers Memorial Gardens to the ocean beyond. The ever-changing seascape, complemented by the iconic Norfolk Pines, creates a calming and captivating backdrop.

Read the full description

At the heart of the home, the designer kitchen is both stylish and functional, appointed with Miele appliances including induction cooktop, oven, microwave and dishwasher, along with Caesarstone benchtops and soft-close cabinetry. Sliding glass doors extend the living space to a tiled balcony-an inviting setting to relax and take in the coastal outlook.

A versatile utility room on the lower level offers flexibility as a fourth bedroom, home office or additional living space, complete with bi-fold doors for privacy when needed. A large powder room with integrated laundry facilities completes this level.

Upstairs, three well-proportioned bedrooms provide excellent accommodation. The master suite enjoys private balcony access, built-in robes and a beautifully finished ensuite with double vanity. Bedroom two also opens to the front balcony, sharing in the stunning sea views, while bedroom three overlooks the charming heritage railway station, home to the SteamRanger and "Cockle Train."

Additional features include ducted reverse cycle air conditioning, alarm system, NBN connectivity, secure basement parking for two vehicles, and a large private storage area ideal for lifestyle equipment.

Positioned just moments from cafés, restaurants, hotels and shopping, and only a short stroll to the Causeway and the iconic horse-drawn tram to Granite Island, this is a lifestyle offering of rare convenience and appeal.

Opportunities like this are few and far between-an exceptional penthouse, in an unbeatable location, offering true "lock-up-and-leave" luxury by the sea.

Specifications:

CT / 6011/211

Council / Victor Harbor

Zoning / Suburban Main Street

Built / 2008

Estimated rental assessment / Written rental assessment can be provided upon request

Nearby Schools /Victor Harbor P.S, Victor Harbor H.S.

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 | 337539

Listing description written by Mark Forde, Harris South Coast — reproduced as published, not verified by Districts.

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.