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SA › Hove › Murray St

3 Murray St, Hove SA 5048

House

$865,000

Last sold

21 Dec 2020

3

Bedrooms

1

Bathrooms

1

Car spaces

753 m²

Land

128 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $865,000 (21 Dec 2020).(Recorded sale)
  • CalculationLand 753 m² against a 128 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Hove (last 5 years) with land size: median $2,424/m² of land (n=54). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$865,000

21 Dec 2020 · derived via latest_sale

Local land rate: recorded House sales in Hove (last 5 years) with land size have a median of $2,424/m² of land (n=54). Districts calculation from recorded sales — not a valuation.

Hove at a glance

3,929

People

$1,355,000

Median sale

$618/wk

Median rent

2.37%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Hove report →

Vs Hove

-36.2%

Median sale

Suburb $1,355,000

+1.35 pp

Gross yield

Suburb 2.37%

Suburb median $1,355,000 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$865,00021 Dec 2020
  2. Listedprice unknowncompleted9 Nov 2020

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 $618/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

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

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

Hove in one glance

Hove at a glance

3,929

People

$1,355,000

Median sale

$618/wk

Median rent

2.37%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Hove report →

Keep researching

  • Why Hove? Read the area thesis →
  • What else is on the market in Hove →
  • Other records on Murray St →

Listing material

Listed by Magain Real Estate

Character Bungalow with Brighton High School zoning

Please contact Josh Morrison for more details.

Built in 1925 this character Bungalow has been in the same family for the past 20 years, however now it is time for a new family to move in and create some new memories.

Laiden with character features, if these walls could talk they would tell a story or two - it's now up to you to write the next chapter. Situated on a large allotment of approx. 750sqm in a beautiful street the opportunities for you to transform this Bungalow beauty are endless.

Read the full description

As you step inside you are taken back in time, the wide hallway and tall ceilings give you a sense of space. The central hallway is the feeder for all the rooms, offering a flexible layout the home currently consists of three bedrooms, bedroom two with retreat, formal living room, dining and gully kitchen. The laundry has access straight outside, there is also a family bathroom and separate toilet. For year round comfort the home is fitted with air-conditioning in the dining room and a combustion heater in the living room, perfect for relaxing on the cold nights.

Outside, there is plenty of room to entertain your family and friends under the pergola, or relax on the large grassed area with established fruit trees and a low maintenance garden. There is plenty of off street parking for your cars, and shedding for storing all the stuff a modern day family seems to collect. With good access down both sides of the home there is the option of expanding out to the boundaries or extending the home (STCC)

Located in a fabulous position, West of Brighton Road, only minutes to the beach, shops, quality schools, this is more than just a home, it offers the lucky new owner a lifestyle.

For more information or to register your interest please contact Josh Morrison.

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 222182)

Listing description written by Josh Morrison, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1
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.