Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
SA › Pennington › King St
$999,000–$1,089,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
3
Car spaces
743 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
Asking
$999,000–$1,089,000
Asking range · $1,345/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Pennington (last 5 years) with land size have a median of $1,304/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Pennington
+4.1%
Median sale
Suburb $960,000
-0.12 pp
Gross yield
Suburb 3.11%
Suburb median $960,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$62,803 on top of the price (6.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Pennington's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 $575/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.
Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
Pennington at a glance
3,959
People
$960,000
Median sale
$575/wk
Median rent
3.11%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Port Adelaide | Largs BayOriginally constructed circa 1960 and masterfully recreated, this exquisite home seamlessly blends timeless character with modern sophistication. Situated on an expansive allotment of approximately 743sqm, every single detail across the interior and exterior has been modernised to deliver a turn-key standard of living. Step across beautifully restored pine timber floors and admire the delicate leadlight and stained-glass accents, setting a tone of warmth and refined craftsmanship from the moment you step inside.
At the core of the residence, an open-plan lounge and dining domain offers an inviting sanctuary for daily relaxation and high-end entertaining. The chef-inspired kitchen stands as a central culinary highlight, complete with clean white cabinetry, crisp subway tile splashbacks, premium built-in Westinghouse wall ovens, a dedicated microwave niche, and an integrated breakfast bar perfect for casual morning meals. Timber framed glass doors draw in abundant natural light and open out to an expansive covered alfresco pavilion, creating a fluid connection between indoor comfort and outdoor entertaining.
Restful accommodation comprises three spacious bedrooms, each filled with natural light and fitted with custom built in wardrobes. Serving the home is a luxurious, fully renovated main bathroom designed as a private spa like retreat, complete with floor-to-ceiling tiling, a floating vanity, a frameless glass shower, and a deep freestanding soaking tub. Year-round comfort and sustainability are ensured with a feature gas fireplace in the living room, ducted climate control, and a high capacity 18 panel solar power system designed to significantly reduce energy bills.
Extending across the impressive rear yard is a huge 12.0m x 7.0m double shed boasting a generous 3-metre high pitch clearance and sliding door access, providing an extraordinary workspace for tradespeople, vehicle enthusiasts, or boat and caravan storage. Surrounding the yard are manicured lawns, a dedicated rainwater tank for sustainable upkeep, and secure high fencing to give children and pets a safe environment to play. Complete with a long paved driveway behind double security gates, this exceptional sanctuary delivers complete peace of mind and incredible versatility for growing families and busy professionals.
Key features:
• Three well proportioned bedrooms featuring built in wardrobes (ceiling fan in bedroom 3)
• Fully renovated, spa inspired main bathroom with freestanding soaking tub, floating vanity, and frameless glass shower
• Separate laundry room with direct external access and adjacent secondary toilet for convenience
• Modern kitchen showcasing bright white cabinetry, subway tile splashbacks, soft close drawers, and breakfast bar seating
• Quality kitchen appliances including Westinghouse wall ovens, microwave housing niche, electric cooktop, and plumbing for a fridge
• Open plan lounge and dining space boasting polished pine timber floors and large light filled windows
• Gas heater set against a tiled fireplace mantel in the main living area
• Ducted climate control system throughout the home
• Eco friendly 18 panel solar power system for ongoing efficiency
• Timber framed double glass doors opening directly out onto the outdoor entertaining zone
• Covered outdoor undercover alfresco area (9.6m x 2.8m) ideal for year-round dining
• Massive 12.0m x 7.0m double garage/shed with 3 metre high pitch ceiling clearance and sliding door access
• Rainwater tanks supporting garden maintenance and outdoor use
• Substantial 743sqm (approx.) allotment with manicured lawns, high fencing, and established garden beds
• Long paved driveway with secure double gates providing abundant off-street vehicle parking
• Restored original 1960s character features including leadlight doors and character glass accents
Pennington is a flourishing, highly convenient western suburb positioned midway between the vibrant Adelaide CBD and South Australia's stunning coastline. Families and busy professionals will benefit from outstanding proximity to quality educational institutions such as Pennington Primary School, Mount Carmel College, and St Patrick's School. Shopping and dining requirements are effortlessly met by nearby Arndale Shopping Centre, St Clair Shopping Centre, and the lively cafe culture along Port Road. Outdoor enthusiasts can explore the sporting fields and green spaces of St Clair Oval, take a short drive to the historic Port Adelaide precinct, or spend weekends along the white sands of Semaphore Beach. Commuting is exceptionally simple with regular bus services along Addison and Torrens Roads, quick access to Pennington and Albert Park train stations,
To put an Offer to Purchase online please follow the link: https://wkf.ms/3n5NenS
Want to find out where your property sits within the market? Have one of our agents come out and provide you with a free market update on your home or investment! Call Callan Lister on 0412 388 183 or click on the following link https://harcourts.net/au/office/port-adelaide-largs-bay/our-team
RLA 302788
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Callan Lister, Harcourts Port Adelaide | Largs Bay — reproduced as published, not verified by Districts.