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 › Lapthorne St
$1,000,000
Last sold
12 July 2024
3
Bedrooms
1
Bathrooms
6
Car spaces
650 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
$1,000,000
12 July 2024 · 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
-37.8%
Median sale
Suburb $1,607,750
+1.10 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 Belle Property GlenelgBeautifully located in the heart of Glenelg East this charming character home is bursting with potential. Boasting an impressive 650m2 corner allotment the home has been well cared for over the years and offers a sense of warmth and character whilst providing a rare opportunity to potentially develop the valuable land into two luxurious beachside dwellings (STCC).
Comprising of multiple spacious living areas, central kitchen and dining, and 3 large bedrooms, including a large master bedroom with walk in robe, off street parking for up to 6 cars including a caravan and or boat along with a large workshop at the rear of the property - every handyman/tradespersons dream. The expansive and tranquil outdoor entertaining area is surrounded with well-manicured, low maintenance gardens and offers plenty of room to entertain family and friends all year round.
Key Features:
- Well equipped kitchen complete with gas cooktop, electric oven, breakfast bar and ample bench/storage space
- Dining area adjacent to the kitchen
- Light filled living area at the front of the home with fireplace, split system air conditioning and ceiling fan
- Large master bedroom with ceiling fan and walk in robe
- Two additional bedrooms – bedroom three includes split system and built in robe
- Bedroom three can be used as an additional family room/teenage retreat
- Renovated family bathroom complete with shower, dual vanity and toilet
- Laundry with additional storage
- Additional toilet
- Private study with ample space for a desk and additional storage
- Family room at the rear of the home with direct access to the undercover entertaining area
- Large undercover entertaining area with space for a BBQ and a built in bar overlooking the garden
- Garage/workshop with dual access the perfect space for the handy man
- Lock up garden shed
- Secure double garage with automatic roller doors at the front and rear of the garage
- Additional off street parking and undercover carport with space for a caravan
- Additional storage in the roof space
- 5Kw, 18 panel Solar System installed
- Security system installed
- Zoned to Brighton High School
Perfectly located within walking distance to all the Bay has to offer including Jetty Road, Glenelg Beach and public transport in the form of the tram and bus – making it an easy commute to the city as well as the Adelaide Airport and with easy access to quality local schools such as Immanuel College, Sacred Heart, St Peters Woodlands and zoned to Brighton Secondary – you are in the perfect family location.
Marion shopping centre, SA Aquatic Swimming Centre and Harbour Town are all just a short drive away and you are surrounded by picturesque parks and reserves including the beautiful DA Costa Park and Glenelg Football Stadium.
Specifications:
Year Built / 1964
Land Size / 650m2
Council / Holdfast Bay
Council Rates / $481 PQ
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 advice. RLA 254416
Listing description written by Rhys Digance, Belle Property Glenelg — reproduced as published, not verified by Districts.