Kingscote at a glance
2,056
People
$512,500
Median sale
$386/wk
Median rent
3.92%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
SA › Kingscote › Franklin St
$470,000
Last sold
7 Apr 2022
4
Bedrooms
2
Bathrooms
5
Car spaces
836 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
$470,000
7 Apr 2022 · derived via latest_sale
Local land rate: recorded House sales in Kingscote (last 5 years) with land size have a median of $469/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Kingscote at a glance
2,056
People
$512,500
Median sale
$386/wk
Median rent
3.92%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Vs Kingscote
-8.3%
Median sale
Suburb $512,500
+0.35 pp
Gross yield
Suburb 3.92%
Suburb median $512,500 from 33 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 $386/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
Kingscote at a glance
2,056
People
$512,500
Median sale
$386/wk
Median rent
3.92%
Suburb gross yield
Median sale from 33 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Kangaroo IslandRare and unique, this historic settler cottage, circa 1903, has been fully renovated offering amazing charm and character.
The cottage has been diligently cared and presents in immaculate condition.
The historic value in the title's ownership notations makes for interesting reading and reflects past owners of the cottage highlighting historic and long standing Kangaroo Island families have stemmed from the then 'original and compact 2 bedroom stone walls'. A thread of internal family ownership has seen the cottage denied from presenting to the open market since 1956, an opportunity now afforded to the next astute purchaser.
Crafted from a combination of local limestone and timbers, these natural features have created a warm and inviting ambiance with the neutral colour selections crisp and clean to enhance the features of this charming residence. More recently and extension which is accessed via a covered breezeway has seen 2 more bedrooms and bathroom added to expand the overall floor space.
Benefits of the property also include slow combustion wood fire and reverse cycle split system air conditioning and undercover carport for the car.
Externally, the yard is beautifully presented with landscaped gardens, providing a peaceful and private place to unwind and let go of the worries of the world. There are two outdoor leisure areas to enjoy a BBQ with family and friends. Lockup shedding by way of two sheds, one 6m x 6m, the other 9m x 9m, are accessible through the carport. Boats, trailers and second vehicles can easily be locked away in the rear yard.
Ideal as a permanent home to live in or rental investment, be it permanent rental or holiday rental.
Kangaroo Island Council has the property zoned as 'Township Mainstreet' allowing for a mix of uses including business and retail activities, and is ideal for those looking to work from home in this Covid affected world.
A truly unique property blending the wonders of yesteryear with the sought after character of today! A very limited opportunity.
Contact local resident selling agent Michael Barrett at Century 21 on Kangaroo Island on 0427 727 333 to arrange a viewing.
Listing description written by Michael Barrett, Century 21 Kangaroo Island — reproduced as published, not verified by Districts.