Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
SA › Somerton Park › Grainger Rd
$960,000
Last sold
8 Feb 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
349 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
$960,000
8 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Somerton Park (last 5 years) with land size have a median of $4,146/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Somerton Park
-55.8%
Median sale
Suburb $2,170,000
+1.69 pp
Gross yield
Suburb 1.34%
Suburb median $2,170,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $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.
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
UnknownArea
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Belle Property GlenelgBest Offer By the 25th January at 12pm (USP)
Situated in the highly desirable pocket of Somerton Park, this spacious and contemporary home offers a wonderful combination of comfort, style, and convenience. With its stunning architectual design, modern features, and ideal location, this low maintenance, self sustainable home presents an excellent opportunity for those seeking a new lease on life by the beach.
Functional in its design, the home comprises of an open plan, light filled living area, well-equipped central kitchen, 3 generous sized bedrooms including a substantial master bedroom which is complete with walk around robe and external access, detached home office and perfect entertainers back garden offering a stunning, decked entertaining area which incorporates the low maintenance garden, offering room to entertain family and friends.
Complete with all that you would expect and more in a home of this class, 4 Grainger Road really shines when it comes to sustainable suburban living boasting a number of ECO-friendly features including; polished concrete floors to harness thermal mass properties and assist in regulating temperature, angled North and South walls, North facing Vergola and rear yard - both to maximise summer and winter weather benefits, efficient 6.6kw solar system + solar hot water with instantaneous gas back up, 24,000 litre underground water tank - efficiently supplying the whole house and with mains back up for when the tank is empty, reticulated water system to the shower - returning clean, unused water to the tank, motion activated sensors in each room to minimise standby power, genuine double skillion roof with rain water channelling through the middle and finally, not only an eco friendly feature but a classy design feature in it's own right - the red bricks to the living room and floorboards in the entrance hall have been reclaimed from the original dwelling to reduce on carbon footprint.
Key Features:
- Light filled, open plan kitchen, living and dining area
- Living area offers soaring ceilings, ceiling fan and flows seamlessly to the outdoor entertaining area
- Central kitchen complete with stainless steel appliances, island bench-top come casual dining table with induction cooktop and ample storage space
- Master suite complete with walk around built in robe, ceiling fan and direct external access
- Two additional bedrooms, both include direct access to the rear yard - bedroom two with built in robe
- Central family bathroom complete with bath, shower, vanity and toilet
- Laundry room with additional toilet and direct access to the rear yard
- Detached home office with reverse cycle air-conditioning
- Large undercover decked entertaining area surrounded by a well manicured, low maintenance garden
- Secure double garage with automatic roller door, large built in cupboard and direct internal access
- Ducted evaporative air-conditioning
- Heating to the living area
- Additional off street parking available
- Lock up garden shed
- Zoned to Brighton High School
- Built by Salt e-House
There's so much to love about this sensational address with the stunning Somerton Beach just a short distance away, and great local amenities that include the Broadway Kiosk, Glenelg South Foodland, Westfield Marion, Broadway Hotel, and Glenelg Marina. Quality schools are immediately accessible with the reputable Sacred Heart College conveniently positioned just a short distance from your front door, and valuable zoning to the ever-popular Brighton High School. An array of public transport options will make for a fluid commute to the iconic Jetty Road in Glenelg or Adelaide CBD, thus providing immediate access to trendy café's, award-winning restaurants, and quality shopping.
Specifications:
Year Built / 2009
Land Size / 349m2
Council / Holdfast Bay
Council Rates / $401 PQ
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 (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. RLA 254416.
Listing description written by Rhys Digance, Belle Property Glenelg — reproduced as published, not verified by Districts.
Nearby 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.