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SA › Largs Bay › Military Rd

386 Military Rd, Largs Bay SA 5016

House

$1,175,000

Last sold

28 Feb 2026

4

Bedrooms

1

Bathrooms

5

Car spaces

692 m²

Land

126 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,175,000 (28 Feb 2026).(Recorded sale)
  • CalculationLand 692 m² against a 126 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Largs Bay (last 5 years) with land size: median $1,992/m² of land (n=46). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,175,000

28 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Largs Bay (last 5 years) with land size have a median of $1,992/m² of land (n=46). Districts calculation from recorded sales — not a valuation.

Largs Bay at a glance

4,181

People

$1,025,000

Median sale

$612/wk

Median rent

3.10%

Suburb gross yield

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

See the full Largs Bay report →

Vs Largs Bay

+14.6%

Median sale

Suburb $1,025,000

-0.39 pp

Gross yield

Suburb 3.10%

Suburb median $1,025,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,175,00028 Feb 2026
  2. Listedprice unknowncompleted12 Feb 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 $612/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

Largs Bay in one glance

Largs Bay at a glance

4,181

People

$1,025,000

Median sale

$612/wk

Median rent

3.10%

Suburb gross yield

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

See the full Largs Bay report →

Keep researching

  • Why Largs Bay? Read the area thesis →
  • What else is on the market in Largs Bay →
  • Other records on Military Rd →

Listing material

Listed by Ray White Semaphore

Character, Space & Coastal Lifestyle

Character you simply can't recreate, positioned moments from the beach. Built in 1920 and set on a generous 692sqm allotment with an impressive 18.4m frontage, this beautifully restored residence blends heritage charm with industrial warmth in one of Largs Bay's most desirable coastal pockets.

Beyond its classic façade, a traditional central hallway reveals soaring ceilings, exposed heritage elements and original timber floors with natural patina. Exposed brick feature fireplaces and honest materials introduce subtle industrial warmth, while thoughtful updates ensure modern comfort.

Natural light enhances the home's layered interiors, while ceiling fans throughout and split system air conditioning to the lounge and main bedroom provide year-round comfort. Living spaces flow effortlessly outdoors through double French doors, opening to a peaceful entertaining area ideal for relaxed gatherings. At the front of the home, a light-filled lounge provides versatility as a sunroom, home office or additional sitting room, further enhancing the home's adaptable design.

Read the full description

Throughout the home, individual style has been thoughtfully curated, each space unique yet perfectly cohesive. From the varied door and window styles to the layered finishes, every element feels intentionally placed, reinforcing the originality and creative cohesion that makes this home so special.

The upgraded kitchen includes a casual meals area and connects comfortably with the living zones. The bathroom is spacious and updated, complete with a claw-foot bath, rustic vanity and separate shower, highly functional and in keeping with the home's character.

Outdoors, multiple entertaining zones create a space that feels inviting and full of personality. An open pergola and covered deck are framed by reclaimed timber and original brickwork, with built-in bench seating and festoon lighting overhead, ideal for long summer evenings and relaxed gatherings with family and friends.

Dual access driveways, excellent off-street parking for 6-8 vehicles, a carport and a substantial workshop/garage further enhance the practicality of the allotment.

Things You'll Love:

• Built in 1920 on 692sqm with 18.4m frontage

• Flexible floorplan, 4 bedrooms + 2 living (or 3 + 3)

• Two living zones with open fireplaces & French doors

• Exposed brick feature fireplaces

• Original timber floorboards with natural patina

• High ceilings and traditional central hallway

• Individually styled doors and windows throughout

• Ceiling fans throughout

• Split system air conditioning (lounge & main bedroom)

• Upgraded kitchen with casual meals area

• Open pergola and covered deck entertaining

• Built-in bench seating and festoon lighting

• Dual access driveways, carport & large workshop/garage

Positioned within walking distance to the Largs Bay foreshore and Jetty, and just minutes from the thriving Semaphore Road precinct, home to vibrant cafés, restaurants and boutique shopping, this is coastal living with everyday convenience. Quality schools and public transport are also close at hand.

This is character you can't recreate.

Purchaser Portal:

Our purchaser portal gives you access to all key property documentation, including the Form 1 (Vendor Statement), Form R3 (Buyer Information Notice), and the templated Contract of Sale. Once registered, you'll also be able to complete and submit an offer using our digital offer form. Access the purchaser portal by following the link provided below:

https://portal.reaforms.com.au/purchaser/386-military-road-largs-bay-sa-5016-44mi1lub7ww9ekkbkx5dc2thh

For more information:

Please contact the selling agent/s directly, we welcome any enquiry on this exciting property listing.

*If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Denham Morris Realty Pty Ltd RLA: 343783 does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

*Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.

Listing description written by Kate Smith, Ray White Semaphore — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Deck
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Toilets: 1
  • Workshop
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.