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SA › Hindmarsh Island › Providence Pl

38 Providence Pl, Hindmarsh Island SA 5214

For saleHouse

$795,000–$840,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

1

Car spaces

470 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $795,000–$840,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $795,000–$840,000(Listing record · 18 Aug 2026)
  • FactLand 470 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Hindmarsh Island (last 5 years) with land size: median $1,147/m² of land (n=91). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 6% below the Hindmarsh Island median recorded sale ($850,000, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Hindmarsh Island's advertised median rent ($505/wk), implied gross yield would be 3.30% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$795,000–$840,000

Asking range · $1,691/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Hindmarsh Island (last 5 years) with land size have a median of $1,147/m² of land (n=91). Districts calculation from recorded sales — not a valuation.

Hindmarsh Island at a glance

2,496

People

$850,000

Median sale

$505/wk

Median rent

3.09%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Hindmarsh Island report →

Vs Hindmarsh Island

-6.5%

Median sale

Suburb $850,000

+0.21 pp

Gross yield

Suburb 3.09%

Suburb median $850,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$795,000
Stamp Duty (South Australia)
$37,555
Transfer/Registration Fee
$8,228
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$844,483

$49,483 on top of the price (6.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Hindmarsh Island's advertised median rent — not a rent for this listing.

Net yield
1.80%
Annual cashflow (pre-tax)
$-27,005
Interest cover (DSCR)
0.35
Annual rent
$26,260
Operating expenses
$11,925
Loan amount
$636,000
Annual interest
$41,340
Gross yield
3.30%

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.

Open the full yield calculator →

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. Listed$795,000–$840,000available18 Aug 2026

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 $505/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

Gross yield if leased at the suburb aggregate is 3.3%. 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

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

Hindmarsh Island in one glance

Hindmarsh Island at a glance

2,496

People

$850,000

Median sale

$505/wk

Median rent

3.09%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Hindmarsh Island report →

Keep researching

  • Why Hindmarsh Island? Read the area thesis →
  • What else is on the market in Hindmarsh Island →
  • Other records on Providence Pl →

Listing material

Listed by Ray White Victor Harbor/Goolwa

Wake Up to the Water - Relaxed Waterfront Living in Coorong Quays

Set against the tranquil waterways of Coorong Quays, this spacious two-storey waterfront home offers the relaxed lifestyle that makes Hindmarsh Island such a sought-after place to call home.

Designed to take full advantage of its waterside position, the home provides generous living across two levels, with beautiful water views forming a constant backdrop to everyday life.

Downstairs, the kitchen sits at the heart of the home and connects easily with the meals and family areas, creating a comfortable and practical space for everyday living. Large windows bring in plenty of natural light, while the rear verandah provides an inviting place to step outside, relax and enjoy the waterfront setting.

Read the full description

A separate study near the entrance adds welcome flexibility for anyone working from home, while a downstairs bathroom and laundry make the ground floor particularly functional.

Upstairs is where the outlook really comes into its own. A second living area opens directly onto the generous waterside balcony, creating an ideal retreat for a morning coffee, an evening drink or simply watching life on the water.

The main bedroom also enjoys direct access to the balcony and wonderful water views, together with a walk-in robe and ensuite featuring a corner spa bath - an ideal place to unwind at the end of the day. Two further bedrooms, both with built-in robes, provide comfortable accommodation for family or guests.

Property highlights:

- Absolute waterfront position

- Private jetty / mooring

- Main bedroom with views

- Separate living areas on both levels

- Open-plan kitchen, meals and family area

- Upper-level living opening onto the waterside balcony

- Three bedrooms plus separate study

- Expansive balcony with impressive water views

- Rear verandah and established waterfront gardens

- Private front sunny courtyard + balcony

- Garage with internal access

- Ducted heating and cooling throughout

- Excellent separation between living and sleeping zones

- Ideal permanent residence or holiday retreat

Offering a relaxed waterfront lifestyle with easy access to local amenities, beaches, Goolwa and all the attractions of the Fleurieu Peninsula, this is an exciting and affordable opportunity to secure your own slice of riverfront living in the sought-after Coorong Quays.

Ray White Goolwa | Victor Harbor

1 Cadell Street, Goolwa SA 5214

73 Ocean Street, Victor Harbor SA 5211

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Goolwa | Victor Harbor will not accept any responsibility should any details prove to be incomplete or incorrect: RLA 298107.

Listing description written by Simon Collins, Ray White Victor Harbor/Goolwa — reproduced as published, not verified by Districts.

Districts

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.