Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Marion › Pankina Grove
4
Bedrooms
2
Bathrooms
4
Car spaces
338 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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Marion (last 5 years) with land size have a median of $1,871/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
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 $573/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
Marion at a glance
4,153
People
$1,106,000
Median sale
$573/wk
Median rent
2.69%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White GlenelgPerfectly located in a quiet cul de sac, this newly built 2022 home is a coastal haven tailored for those seeking both comfort and convenience. Just a short 10-minute drive from the sun-kissed shores of Brighton Beach and the vibrant Jetty Road Brighton, this 4-bedroom gem invites you to experience a lifestyle of seaside bliss.
Step inside to an open-plan living area, a spacious retreat seamlessly connected to the dining space - an ideal area for hosting gatherings and creating lasting memories. The modern kitchen features an island bench, stainless steel appliances, and ample storage for convenience.
The three bedrooms are each fitted with built-in robes, perfect for plenty of storage for the family. The lower-level study offers versatility, easily transformed into a 4th bedroom. The exceptionally spacious master bedroom comes complete with an ensuite for your convenience, while the main bathroom, featuring a freestanding bathtub, caters to the remaining bedrooms.
Step outside to a spacious, low-maintenance yard, where a grassed area beckons children to play safely. An undercover alfresco space awaits, perfect for entertaining guests and soaking in the coastal ambiance. The property also enjoys direct access via the back gate to the George Street Reserve, offering a Tennis Court, Playground and huge grassed area for kids and pets to enjoy.
Additional features include ducted air conditioning throughout the home, and a double garage for your convenience.
Embrace the local charm with Jetty Road Brighton just moments away, offering a delightful array of cafes, restaurants, and specialty boutique shops. Westfield Marion is a mere 2-minute drive or a leisurely 13-minute walk, catering to all your shopping needs. The proximity to Flinders University and Medical Centre (7-minute drive), Oaklands Railway Station for easy commute into the bustling CBD (3-minute drive), and quality schools like Sacred Heart College and Westminster School makes this townhouse a prime choice for those seeking a seamless blend of comfort and connectivity.
What we Love:
• Newly built home in 2022
• Ideal location in a quiet cul de sac
• Open-plan living area with seamless connection to dining room
• Modern kitchen with large island bench and stainless steel appliances
• Extremely spacious master bedroom with ensuite
• All bedrooms fitted with built in robes
• Lower-level study convertible into a 4th bedroom
• Main bathroom with freestanding bathtub
• Spacious, low-maintenance yard
• Undercover alfresco for entertaining guests
• Ducted air conditioning throughout the home
• Double garage for convenience
• Proximity to Jetty Road Brighton with cafes, restaurants, and boutique shops
• Short 10-minute drive to Brighton Beach
• 2-minute drive or 13-minute walk to Westfield Marion
• 7-minute drive to Flinders University and Medical Centre
• Oaklands Railway Station a 3-minute drive away for easy commute to CBD
• Quality schooling options nearby, including Sacred Heart College and Westminster School
Specifications:
Torrens titled
Year built - 2021
Water rates - $74.20 per quarter
Sewer rates - $115.13 per quarter
ESL - $353.60 per annum
Land size - 338sqm (approx.)
Council rates - $1,984.94 per annum
Auction: Saturday, 9th March 2024 at 3:00pm (unless sold prior)
Any offers submitted prior to the auction will still be under auction conditions. It is the purchaser's responsibility to seek their own legal advice and a Form 3 Cooling-Off Waiver.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a printout of recent local sales to help you in your value research.
The vendor's statement may be inspected at 411 Brighton Road, Brighton for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it commences.
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.
Listing description written by Samuel Paton, Ray White Glenelg — reproduced as published, not verified by Districts.