Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
SA › Somerton Park › Parry Ave
$1,950,000
Last sold
14 June 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
727 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
$1,950,000
14 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,146/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Somerton Park
-10.1%
Median sale
Suburb $2,170,000
+0.15 pp
Gross yield
Suburb 1.34%
Suburb median $2,170,000 from 40 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
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Noakes NickolasCompleted to a high standard in 2012 by Regent Homes and updated in 2020, this generous heritage inspired custom contemporary home is ready to provide luxurious single storey living in the heart of coastal Somerton Park.
Presenting with enduring street appeal, step under the porch to enter the central hall and encounter a modern family floorplan. Including five bedrooms, three bathrooms and two living spaces, a spacious double study, plus an enclosed alfresco space, with quality features throughout including plantation shutters and quality ceramic tiles.
Step into the entry onto impressive monochrome tiles and take in a stylish tray ceiling, feature LED lighting and the lengthy hall ahead.
To your right, find the first bedroom and the fully-tiled spacious main bathroom, offering a practical three way configuration, large shower and spa-bath.
Across the hall, the double study includes extensive custom built-in storage to one wall, creating an ideal work from home or study setup for more than one member of your household to share with ease.
Four more bedrooms include large windows and more plantation shutters for privacy with style, while the main bedroom suite levels up with a sizeable walk-in robe with custom Farquhar cabinetry and a fully-tiled ensuite with double vanity.
You'll love entertaining and relaxing in the open plan living, located at the heart of the home and connecting the rear bedrooms and second living, outdoor living, and kitchen with ease and style.
A sleek kitchen boasts custom cabinetry and ample storage, plus Bosch appliances including a steam oven, combined microwave/ convention oven, dishwasher and a chic breakfast bar set along your Caesarstone counter, perfect for casual breakfasts and Friday night drinks.
The outdoor entertaining is highly functional thanks to its enclosure within multiple sets of glass sliding doors with ample natural light, allowing you to open up to the swimming pool during summer and activate an additional large living space during the cooler months.
Wrapped in glass fencing and quality paving, between the pool and Somerton Beach you're spoilt for swimming options in this Somerton Park home, while garden maintenance is kept to an absolute minimum with private paved outdoor spaces for you to enjoy.
Enjoy great green local facilities including dog parks, ovals and squash courts to the end of the street, plus local surf life saving clubs, Marion Outdoor Pool and Marion Leisure & FItness Centre, plus convenient shopping and dining at Jetty roads Glenelg and Brighton.
Perhaps most importantly, embrace your proximity to the vast Esplanade and coastline, stretching to Seacliff to the south and well beyond Glenelg to your north.
Polished and premium, this stylish home offers quality and comfort at every turn from the lovely family friendly community that surrounds Parry Avenue.
Features to love:
-Fully-tiled and lit heated swimming pool with heat inverter
-Reverse cycle ducted A/C throughout
-Secure double garage with rear access and further secure off-street parking behind electric gates
-Bill-reducing solar system and upgraded in 2020
-Gas hot water system
-1000L rainwater tank
-Moments to public transport along Brighton Road
-Zoned to the coveted Brighton Secondary and Paringa Park Primary, close to St Peter's Woodlands, Sacred Heart College and within the catchment area for Ballara Park Kindergarten
-Just 1.2km to Somerton Beach, 2.7km to Westfield Marion and 9km to the Adelaide CBD
Land Size: 727sqm
Frontage: 17m
Year Built: 2011
Title: Torrens
Council: City of Holdfast Bay
Council Rates: $2958
SA Water: $269.91PQ
ES Levy: $242.75PA
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. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.
Listing description written by Simon Noakes, Noakes Nickolas — reproduced as published, not verified by Districts.