Glenelg South at a glance
2,228
People
$1,265,000
Median sale
$560/wk
Median rent
2.30%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
SA › Glenelg South › Pier St
$1,840,000
Last sold
7 Feb 2021
3
Bedrooms
1
Bathrooms
6
Car spaces
586 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
$1,840,000
7 Feb 2021 · derived via latest_sale
Local land rate: recorded House sales in Glenelg South (last 5 years) with land size have a median of $3,359/m² of land (n=35). Districts calculation from recorded sales — not a valuation.
Glenelg South at a glance
2,228
People
$1,265,000
Median sale
$560/wk
Median rent
2.30%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Glenelg South
+45.5%
Median sale
Suburb $1,265,000
-0.72 pp
Gross yield
Suburb 2.30%
Suburb median $1,265,000 from 5 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
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 South at a glance
2,228
People
$1,265,000
Median sale
$560/wk
Median rent
2.30%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Peter F Burns Real EstateA WORLD CLASS LIFESTYLE AWAITS IN THIS TIGHTLY HELD PREMIER LOCATION
Live the dream just a few doors to beautiful Glenelg beach & enjoy a swim or a stroll, visit the Broadway Café & savour a meal or a coffee while watching the dolphins play or walk along the Esplanade to Jetty road Glenelg with its myriad of shopping, cosmopolitan dining & cinemas or catch the Tram into the City.
Set on a corner allotment of some 586sqm , this north facing family home equal to some seven main rooms is nestled behind a brush fence amid pretty cottage gardens. The home boasts high ceilings, polished floorboards to the living areas, 3 spacious bedrooms with the master featuring access to the private patio to enjoy a morning coffee & read the paper, built in robes & access to the two way toilet. The other two bedrooms both have built in robes.
Light & bright throughout, the living areas incorporate the lounge room with new gas heater, a modern kitchen with dishwasher, ample preparation & storage areas and an adjoining dining room and sitting area. Sliding doors open to the northern patio and provides an ideal spot for alfresco dining and entertaining.
The large bathroom with full size bath, separate shower, toilet & vanity bar is well located with handy access to the bedrooms & the living areas.
Complementing the property is a security system along with a tasteful neutral décor. There is a third patio area at the back which provides another great place for entertaining or enjoying a family BBQ and a real bonus is the undercover parking for several vehicles with a double garage , a separate workshop and a valuable second driveway with carport to store a boat, small caravan or 2 or 3 cars.
The Marketing Agent states that the property would be ideal for those families or retirees wishing to live near beautiful Glenelg beach with easy access to private & public schools, transport & the fabulous lifestyle living near The Bay offers. Whether you enjoy as is, upgrade or build a new home, the position is perfect and the well known saying in real estate “position, position, position” certainly describes this blue chip real estate offering.
For more details please contact Jo Nykiel of Peter F Burns Real Estate on 0411 550 063
Listing description written by Jo Nykiel, Peter F Burns Real Estate — reproduced as published, not verified by Districts.