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 › Esplanade
$3,050,000
Last sold
28 Dec 2023
3
Bedrooms
3
Bathrooms
3
Car spaces
370 m²
Land
365 m²
Building
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
$3,050,000
28 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,132/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
+40.6%
Median sale
Suburb $2,170,000
-0.39 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 Gary J Smith Real Estate GlenelgNestled along the picturesque Somerton Park Esplanade, this remarkable residence represents coastal living at its finest. From the moment you step inside you are greeted by a sense of space, luxury, and tranquillity.
Upon entering the home your welcomed with the soothing sea views from the second living area that stretch as far as the eye can see. This isn't just a room; it's a serene retreat where you can relax, entertain, and take in the ever-changing beauty of the sea. The adjacent balcony offers the perfect spot to enjoy sunsets over the water.
The heart of the home lies on the main floor, featuring an open plan living area that seamlessly combines a large kitchen, lounge, and dining space, serviced by the third bathroom. This versatile area is designed for both family gatherings and formal entertaining, offering an abundance of natural light, space and a stylish design.
All three bedrooms and study are thoughtfully located on the top floor, ensuring privacy and serene living. The master bedroom is a true sanctuary, boasting stunning sea views right down the coast, a private balcony for morning coffees or evening stargazing, a walk-in robe that keeps your wardrobe organized, and a large ensuite bathroom that offers both convenience and luxury.
The second and third bedrooms are equally inviting, equipped with built-in robes for your storage needs, and they share a spacious and well-appointed second bathroom. Additionally, the top floor also houses a generous-sized study, providing a peaceful setting for work or creative endeavours.
The property's outdoor spaces are equally inviting. Step outside to the alfresco area, a perfect setting for outdoor dining and relaxation. The backyard is both lush and easy to maintain, providing a private oasis for you to enjoy. The lower level of the property is home a huge garage and a large storage space, ensuring ample room for your vehicles and belongings.
Not to be missed:
• 180-degree sea views.
• Ample storage.
• Electronic privacy blinds on balconies.
• Skylights throughout.
• Security system.
• Intercom.
• Ducted reverse cycle air conditioning.
• Large separate laundry on the main floor.
• Built in cabinetry in living room.
• Short walk to cafes.
Living on Somerton Park Esplanade means enjoying a beachfront lifestyle that many can only dream of. This property, with its impeccable design, thoughtful layout, and prime location, is a unique opportunity to make that dream a reality. Experience the very best in coastal living.
A home to be enjoyed with family and friends from the moment you move in.
For enquiries: John Muscat 0413 948 938
Caitlin Clarke 0459 414 271
CT/ 5851 974
Year Built / 2001
Council Area / City of Holdfast Bay
Zoning / WN (Waterfront Neighbourhood)
Land size / 370sqm
Council Rates / $5,466.25 per annum
Water Rates / $492.49 per quarter
Schools / Brighton High School (zoned), Paringa Park Primary School (zoned), Sacred Heart College
Gary J Smith Real Estate
You're Home
RLA 150557
Listing description written by John Muscat, Gary J Smith Real Estate Glenelg — reproduced as published, not verified by Districts.