Glenelg North at a glance
7,084
People
$1,245,000
Median sale
$568/wk
Median rent
2.37%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
SA › Glenelg North › Morris St
$1,000,000
Last sold
27 Sept 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
243 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
$1,000,000
27 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Glenelg North (last 5 years) with land size have a median of $2,900/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
Glenelg North at a glance
7,084
People
$1,245,000
Median sale
$568/wk
Median rent
2.37%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Glenelg North
-19.7%
Median sale
Suburb $1,245,000
+0.58 pp
Gross yield
Suburb 2.37%
Suburb median $1,245,000 from 29 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 $568/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
Glenelg North at a glance
7,084
People
$1,245,000
Median sale
$568/wk
Median rent
2.37%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Noakes NickolasInvitingly neat and imbued with a delightful warmth, this three-bedroom home is an appealing prospect for first home buyers and downsizers alike. Set in the tightly-held, coastal enclave of Glenelg North on 4 Morris Street, it's an opportunity to immerse in a relaxed beachside ambience.
Constructed in 1984, the dwelling is gracefully enhanced by an open-plan layout and the natural beauty of Hybrid timber flooring. The facade, a testament to tasteful design, creates a head-turning presence that promises to impress. The property benefits from north facing windows for year round light and warmth in winter, an updated bathroom and a sleek, modern kitchen fitted with stone bench tops, stainless appliances, a convenient butler's pantry, a gas cooktop, and a dishwasher.
Features
• An attractive pergola, perfect for outdoor gatherings
• Comfortable indoor climate controlled by ducted r/c and a feature fireplace
• Convenient parking space for two cars
• A 6.6KW solar system installed in 2021, ensuring energy efficiency
• Instant gas hot water and a separate laundry for domestic utility
• A walk-in robe and ensuite to the main bedroom for added luxury
• Ceiling fans in all bedrooms for added comfort
• A garden shed measuring 2.3m x 1.8m for additional storage
Lifestyle
• Zoned for St Leonards Primary School and Plympton International College, perfect for families
• A short walk to the Patawalonga River, Glenelg North beaches and Old Gum Tree Reserve
• A mere 15-minute drive to Adelaide CBD
• Cafe Bistro within arms reach for the caffeine hit
• Bustling Jetty Road Glenelg a short drive away with all of your shopping, dining and leisure needs
Rates
• City of Holdfast Bay
• Strata Title
• Council $1355PA
• SA Water $247PQ
• ES Levy $147PA
Disclaimer at noakesnickolas.com.au | RLA 315571
Listing description written by Callan Eames, Noakes Nickolas — reproduced as published, not verified by Districts.