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
$2,165,500
Last sold
25 July 2024
5
Bedrooms
2
Bathrooms
3
Car spaces
658 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
$2,165,500
25 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Glenelg South (last 5 years) with land size have a median of $3,399/m² of land (n=34). 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
+71.2%
Median sale
Suburb $1,265,000
-0.96 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.
Nearby
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 Toop & Toop NorwoodBest offers by Wednesday July 24th 10am
Nestled in the heart of Glenelg South, 40 Pier Street, a 1910 character return verandah villa, offers an enchanting dance between historical elegance and contemporary comfort. This beautiful home, steeped in history, has been thoughtfully renovated to cater to the modern family's needs.
The property welcomes with well kept, low maintenance gardens leading up to a secure, remote gated entrance. Inside the home, the formal living and dining areas capture the essence of its 1910 origins, with ornate, high ceilings and feature bay window; a nod to a bygone era beautifully preserved. Luxury and modernity are not compromised, especially within the rear living area that provides an open-plan chef's kitchen and flexible additional casual living area or meals space. The stunning kitchen is outfitted with marble stone benchtops, an array of appliances that would impress the home chef, dual wine fridges and ample storage, it is truly an entertainer's dream.
Outside, café doors unveil an expansive undercover deck overlooking a lovely lawn space for the family plus a heated in-ground swimming pool to enjoy year round. Whether you are hosting a summer soirée or simply enjoying quiet family time, the outdoor space is a haven for relaxation and entertaining alike.
The home offers five bedrooms and two spacious bathrooms. The updated master bathroom, complete with shower and freestanding bath, indulges in spa-like luxury while the detached studio serves as the perfect pool house or an extra bedroom. Enhancing your comfortable living, the property yields 6.6kW Solar panels, ducted reverse cycle air conditioning, electronic security system, loft storage and secure off-street parking for at least 3 vehicles.
Ideally located, the property is mere strides away from the famous Glenelg beach, the bustling Jetty Road precinct and a selection of top-tier private schools. All these conveniences and comforts are nestled within a secure 658-sqm allotment approx., making 40 Pier Street, Glenelg South, the epitome of coastal luxury and sublime living.
Local Council: Holdfast Bay
Council rates: $3,610.70 p.a. approx.
Year built: 1910
Land size: 658 sqm approx.
SA Water rates: $350.50 p.q. approx.
Listing description written by Grant Wills, Toop & Toop Norwood — reproduced as published, not verified by Districts.