Seacombe Gardens at a glance
3,691
People
$1,000,000
Median sale
$622/wk
Median rent
3.23%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › Seacombe Gardens › Miller St
3
Bedrooms
1
Bathrooms
1
Car spaces
603 m²
Land
157 m²
Building
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 Seacombe Gardens (last 5 years) with land size have a median of $2,494/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Seacombe Gardens at a glance
3,691
People
$1,000,000
Median sale
$622/wk
Median rent
3.23%
Suburb gross yield
Median sale from 23 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 $622/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
Seacombe Gardens at a glance
3,691
People
$1,000,000
Median sale
$622/wk
Median rent
3.23%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ParadisePositioned on a valuable 602sqm corner allotment, 40 Miller Street, Seacombe Gardens presents an exciting opportunity for investors or developers alike. Currently leased until November 2025, this property offers the potential to earn rental income while preparing subdivision or development plans (STCC).
Full concept plans for two and three dwellings are available upon request and are subject to council consent.
Step onto the porch and through the front door to be welcomed by a dedicated entry room. To your left, a spacious, light-filled open-plan living and dining area creates a comfortable setting for everyday living. The adjoining kitchen is well-equipped with ample cabinetry and a classic tiled splashback, ideal for tenants or future owners.
Each of the three bedrooms is complete with ceiling fans, and the master features a built-in robe. The central bathroom includes a separate bath and shower along with an updated vanity, while the separate toilet adds extra convenience for busy households. The laundry offers direct access to the backyard, where you'll find a large grassy lawn - perfect for kids or pets to enjoy. A single carport and additional off-street parking complete the offering.
Enjoy the unbeatable convenience of being within walking distance to Westfield Marion, along with nearby train and bus stations making daily commuting a breeze. You're also under 10 minutes from the vibrant Brighton Jetty Road and Brighton Beach, as well as Flinders University and Pasadena Foodland. Zoned for quality schools such as Brighton Primary School, Seaview Downs Primary School, Darlington Primary School, Brighton Secondary School and Blackwood High School, this location is sought-after by families and professionals alike.
Whether you're looking to develop, landbank, or add to your portfolio with rental income already secured, this is a rare and promising find in a thriving coastal suburb.
*Fixed lease until late November 2025 at $550 pw*
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 322799
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | MARION
Zone | GN - General Neighbourhood
Land | 603sqm(Approx.)
House |157sqm(Approx.)
Built | 1972
Council Rates | $1782 pa
Water | $195 pq
ESL | $154 pa
Listing description written by Nick Borrelli, Ray White Paradise — reproduced as published, not verified by Districts.