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 › South Esplanade
$4,100,000
Last sold
17 May 2023
4
Bedrooms
4
Bathrooms
3
Car spaces
410 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
$4,100,000
17 May 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Glenelg South (last 5 years) with land size have a median of $3,353/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
+224.1%
Median sale
Suburb $1,265,000
-1.59 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 Allan Real EstateThis striking Medallion built ex-display home is set on an elevated Esplanade position offering an immersive beachside lifestyle to be envious of.
Upon entering the home, you are greeted by the luxurious fit-out and sprawling rooms that are sure to impress. The spacious open plan living area is situated at the front of the home and enjoys exquisite views via floor to ceiling windows.
Adjoining the living area is the designer chefs kitchen, equipped with an abundance of Miele appliances, stunning stone bench tops, ample cupboard space and expansive breakfast bar. For the avid wine lover there is under-stair storage for up to 180 bottles.
The dining area flows seamlessly to the alfresco and pool area. Enjoy year-round resort style living with the central swimming pool and all weather outdoor entertaining area. The alfresco features a kitchenette complete with Beefeater BBQ and sink.
There are 4 generous bedrooms, all with ensuites, the grand master suite is located on the upper level at the front of the home boasting sweeping coastal views through the floor to ceiling windows. There is a large walk behind robe with dressing space, additional wardrobe for accessory storage. The luxurious ensuite is straight out of a luxury hotel with stunning tiles, skylight, rain shower and a freestanding bath with ocean views. A lift at the rear of the home enables easy access to all levels of the home.
The upper level also features a parents retreat or second living area, as well as 2 other bedrooms each with their own ensuite, one with a walk-in-robe and the other with built in robes. A 4th bedroom is located on the ground level and overlooks the sparkling pool.
This sensational home sits on a 410sqm allotment with rear lane access to the expansive triple side-by-side garage.
Other notable features include:
- Hydronic underfloor heating to bathrooms & living areas
- 12.4 kw solar system
- Ducted reverse cycle air conditioning
- Intercom and alarm system
- Lift access
- Integrated Miele Fridge/Freezer pair
- Remote controlled blinds
You will have the pleasure of calling the Broadway Kiosk your local hangout with coffee and breakfast at your doorstep. You can venture a little further North with a short stroll along the grassy seafront to the cosmopolitan lifestyle on offer at Jetty Road with its shopping, cafes/restaurants and CBD access via the tram. Also a short stroll away is the thriving Broadway precinct with the Broadway Hotel and many eat-in/takeaway restaurants on offer.
Better than new, all the hard work has been done ready for you to move in and enjoy living in this tightly held blue-chip Esplanade location.
Best Offer By 22nd June (Unless Sold Prior)
Land size – 410sqm
Year built – 2018
Council Rates - $4,628.45 p/a
Council - City of Holdfast Bay
Zoning – WN - Waterfront Neighbourhood
CT - Volume 6215 Folio 525
Listing description written by Brad Allan, Allan Real Estate — reproduced as published, not verified by Districts.
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