Glenelg at a glance
3,498
People
$1,667,500
Median sale
$560/wk
Median rent
1.75%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
$440,480
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$440,480
Asking
No recorded sale for this property.
Glenelg at a glance
3,498
People
$1,667,500
Median sale
$560/wk
Median rent
1.75%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Glenelg
-73.6%
Median sale
Suburb $1,667,500
+4.86 pp
Gross yield
Suburb 1.75%
Suburb median $1,667,500 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$26,607 on top of the price (6.0% extra)
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.
Pre-filled with Glenelg's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 6.6%. 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
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 at a glance
3,498
People
$1,667,500
Median sale
$560/wk
Median rent
1.75%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Noakes NickolasPositioned on the ground floor of a solid brick group in the heart of Glenelg, this one-bedroom apartment presents an outstanding opportunity to secure an affordable foothold in one of Adelaide's most sought-after coastal suburbs. Built in 1980, it offers a practical layout, generous proportions and the exciting opportunity to update and add value over time.
The open-plan living and dining area flows seamlessly into the adjoining kitchen, creating a functional everyday space with plenty of scope for future enhancement. A spacious bedroom with built-in robes is serviced by an ensuite bathroom, while large windows invite natural light throughout the home.
Stepping outside, a private courtyard provides a valuable outdoor retreat rarely found in apartment living - offering space to relax, entertain or personalise to your own taste. Complete with a designated car space, this low-maintenance residence is equally suited to first home buyers, investors or those seeking a lock-up-and-leave lifestyle.
From your front door, you're within easy walking distance of everything that makes Glenelg one of Adelaide's most desirable coastal destinations. Spend your mornings exploring the cafés of Jetty Road, enjoy afternoons at the beach, or take advantage of the supermarkets, boutique shopping and everyday conveniences all just moments away.
Features
• Built in 1980
• Ground floor apartment
• One generous bedroom with built-in robes
• Ensuite bathroom
• Open-plan living and dining area
• Functional kitchen with ample cabinetry
• Private courtyard
• Verandah
• Designated car space
• Low-maintenance lock-up-and-leave lifestyle
Lifestyle
• Walking distance to the vibrant Jetty Road precinct, home to an outstanding selection of cafés, restaurants, bars and boutique shopping
• Walking distance to Glenelg Beach
• Moments from supermarkets and everyday conveniences
• Zoned for Glenelg Primary School & Plympton International College
• Nearby schools include St Peter's Woodlands, Sacred Heart College & Immanuel College
• Exceptional beachside location with everything at your doorstep
• Securely tenanted at $355PW until February 2027.
• Rental Assessment $480 - $500PW
Rates
• City of Holdfast Bay
• Strata Title
• Strata Rates $599.30PQ
• Sinking Fund Rates $46.10PQ
• Year Built 1980
Disclaimer at noakesnickolas.com.au/privacy-policy | RLA 315571
Listing description written by Jonathan Manocchio, Noakes Nickolas — reproduced as published, not verified by Districts.