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SA › Mannum › Purnong Rd

301 Purnong Rd, Mannum SA 5238

Rural Property

$600,000

Last sold

15 Aug 2023

6

Bedrooms

2

Bathrooms

6

Car spaces

1,065,900 m²

Land

223 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 $600,000 (15 Aug 2023).(Recorded sale)
  • CalculationLand 1,065,900 m² against a 223 m² dwelling — the land is most of what is being bought.(Districts calculation)

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

$600,000

15 Aug 2023 · derived via latest_sale

Mannum at a glance

3,139

People

$525,000

Median sale

$366/wk

Median rent

3.63%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Mannum report →

Vs Mannum

+14.3%

Median sale

Suburb $525,000

-0.46 pp

Gross yield

Suburb 3.63%

Suburb median $525,000 from 49 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$600,00015 Aug 2023
  2. Listedprice unknowncompleted20 Mar 2023

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 $366/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

Mannum in one glance

Mannum at a glance

3,139

People

$525,000

Median sale

$366/wk

Median rent

3.63%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Mannum report →

Keep researching

  • Why Mannum? Read the area thesis →
  • What else is on the market in Mannum →
  • Other records on Purnong Rd →

Listing material

Listed by Eview Group

CALL NIGEL CHRISTIE FOR DETAILS

6 Titles on 263 Acres

Potential development opportunities with 6 titles, Stone Home, Nissan Hut, and Stone Cottage - plus multiple outbuildings and sheds for various storage uses.

5 titles span between the the roadside - through the Murray lagoon to the island at the main rivers edge.

Read the full description

These titles are located in the Conservation Zone where Dwellings, Land division, & Tourist accommodation are performance assessed.

Is there a possibility for a Maldives type development, or floating homes or cottages - or perhaps a marina? - all subject to approvals of course.

(Note: after conversation with council - they suggest this property would be included in Restricted Development)

The single highground title lies in the rural zoning however flanked by Rural Settlement Zone suggesting a more compact land division - again subject to approvals.

Purchase for development - or purchase for your own private use.

Either buy yourself - or get 5 partners and purchase a title each.

In all an excellent opportunity to explore further options.

The property is for sale by Open Negotiation - FLEXIBLE TERMS online auction.

The Openn Negotiation is under way and the property can sell at any time.

Contact Nigel Christie immediately to invited to bid and avoid disappointment.

Open to all buyers, including finance and sale, subject to seller approval.

Further details

We're situated around 100km or a 1hr 20 min drive east of Adelaide.

The property consists

A 4 bedroom stone home

Old Nissan hut converted into a holiday shack

And a stone cottage Plus plenty of shedding and outbuildings.

A key feature is the 6 titles.

5 in the river being around 224 acres With private beach areas and around 1.4km of frontage to the River Murray with title to the river bank.

The zoning is conservation - which could allow for a dwelling or tourist accommodation.

Build your own Maldives???

Or floating homes or cottages??

Or maybe a marina

The high ground is rural zone with rural settlement either side - could you create a rural lifestyle subdivision???

There's currently 4 access points to the highground from the Purnong Road.

These are my ideas - what are yours? All subject to approval of course.

There you have it.

• River murray frontage 100km from Adelaide.

• 6 titles.

• Develop or simply use for your weekend getaway.

• Buy the property your self of round up 5 friends and buy a title each.

• The possibilities are endless.

Call or email me (Nigel Christie) or come and have a look and judge for yourself and see the real merits of this fantastic property with multiple opportunities.

Nigel Christie - Hale Real Estate RLA394 Trading as Urban & Rural Partners

Always looking for more properties to market - contact Nigel Today.

Listing description written by Nigel Christie, Eview Group — 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.