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SA › Glenelg South › Penzance St

38 Penzance St, Glenelg South SA 5045

House

4

Bedrooms

2

Bathrooms

4

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.

Why this property?

Nothing about this record stands out yet — coverage may still be filling in.

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

No recorded sale price for this property yet.

Glenelg South at a glance

2,228

People

$1,265,000

Median sale

$560/wk

Median rent

2.30%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Glenelg South report →

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. Soldprice unknown21 Aug 2023
  2. Listedprice unknowncompleted2 Aug 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 $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.

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

Glenelg South in one glance

Glenelg South at a glance

2,228

People

$1,265,000

Median sale

$560/wk

Median rent

2.30%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Glenelg South report →

Keep researching

  • Why Glenelg South? Read the area thesis →
  • What else is on the market in Glenelg South →
  • Other records on Penzance St →

Listing material

Listed by Noakes Nickolas

Exemplary executive living by the sea in Glenelg South.

Bring a breath of salty fresh air to your home life with this fully renovated and extended 1860's original "Paddock stone" cottage in Glenelg South.

Ideally located between Pier Street and Brighton Road, enviable access to Glenelg Beach is welcomed into your daily routine on Penzance, while set on a well-proportioned and cleverly utilised approx. 485m2 allotment, the home itself boasts three to four bedrooms and a sumptuous modern extension where attention has been paid to every high spec. detail.

Passing over a positively charming north-facing verandah that runs the length of the symmetrical cottage, enter a central hall and take in towering 3.2m ceilings that carry throughout the entire home.

Read the full description

Luxuriously carpeted for comfort, double bedrooms two and three are fitted with built-in robes, with a spacious front-facing lounge providing the versatility for another possible bedroom, while the main bedroom levels up with a large walk-in robe and adjacent ensuite.

Caesarstone benchtops and Groehe fixtures carry through all wet areas, the ensuite offering a dual walk-in shower, double vanity and heated rowel rain, while the generous main bathroom includes another walk-in shower and a family-friendly Kaldewei inset bathtub.

Follow timeless quality floating floors down the hall and emerge in the jaw-dropping open plan living to take in a true WOW-factor living space ideal for entertainers and families alike.

Wrapped in Lotus fine frame commercial grade stacking doors, with automated internal blinds, the entire L-shape living space can be opened to the Alfresco to create a luxurious indoor/outdoor living space.

Entertaining certainly begins with the kitchen, where sleek walls of cabinetry surround a contemporary island bar and practical stainless steel appliances ready for your next feast, including an AEG pyrolytic oven and five-burner gas cooktop, concealed Qasair rangehood, and a AEG dishwasher.

With two enviable dining and living spaces to choose from, enjoy cosy winters indoors with the gas fireplace setting the mood, while summers can be spent dining Alfresco or lounging on the large lawns, with the firepit and lush established greenery creating a private, charming oasis for your household.

With automated irrigation to front and rear, life is easy breezy, while an outdoor shower and capped pipework in the shed suggests that an in-ground swimming pool is worthy of your indulgent future consideration…

This fabulous address is a dream for all walks of life and all of life's stages. Enjoy incredible coastal access, offering the wider esplanade and sandy shores for your strolls and swims.

Pier Street, Broadway and Glenelg's Jetty Road offer a huge range of cafes, restaurants and bars to explore, while you're seconds from Glenelg Primary School and Sacred Heart College for a breezy school commute.

For a home base that walks the line between contemporary and classic with style and finesse, you'll struggle to beat 38 Penzance Street.

More features to love:

- Home automation including Cbus Lighting, automated blinds to living area and kitchen

- Dual fully ducted reverse cycle A/C units plus gas fire to living room

- Double carport and further off-street parking for two more cars behind secure electric gates, with provision for security intercom

- Fully lined external shed with 3 phase power supply

- Dedicated study or storage room

- Quality attic ladder with substantial roof storage

- Secure alarm system

- Completely rewired and replumbed 2010 plus gas hot water system

- Original underground cellar

- Rear shower with hot and cold plumbing and adjacent W/C

- Zoned to Glenelg Primary and the coveted Brighton Secondary, walking distance to St Peter's Woodlands Grammar, Sacred Heart College and Our Lady Of Grace School and within the catchment area for Somerton Park Kindergarten

- Easy access to buses along Brighton Road and Pier Street plus Jetty Road trams

- Just 800m to the shores of Glenelg, 3.8km to Westfield Marion and 8.3km to the Adelaide CBD

Land Size: 485sqm

Frontage: 15.31m

Year Built: 1864

Title: Torrens

Council: City of Holdfast Bay

Council Rates: $3,059.10PA

SA Water: $308.29PQ

ES Levy: $280.55PA

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. Was

Listing description written by Simon Noakes, Noakes Nickolas — reproduced as published, not verified by Districts.

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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.