Largs Bay at a glance
4,181
People
$1,025,000
Median sale
$612/wk
Median rent
3.10%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Largs Bay › Military Rd
$630,000
Last sold
20 Mar 2020
3
Bedrooms
1
Bathrooms
4
Car spaces
833 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
$630,000
20 Mar 2020 · derived via latest_sale
Local land rate: recorded House sales in Largs Bay (last 5 years) with land size have a median of $1,973/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Largs Bay at a glance
4,181
People
$1,025,000
Median sale
$612/wk
Median rent
3.10%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Largs Bay
-38.5%
Median sale
Suburb $1,025,000
+1.95 pp
Gross yield
Suburb 3.10%
Suburb median $1,025,000 from 26 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 $612/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
Largs Bay at a glance
4,181
People
$1,025,000
Median sale
$612/wk
Median rent
3.10%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Plus SeatonOpportunities to purchase a land holding of this size, some 300m approx the waters edge, are indeed rare......
20M of street frontage and a wealth securing allotment of 833sqm approx. It simply does not get any better!
The property itself a durable 1950's solid brick family, complete with a solid garage/workshop which can easily be converted to suit your requirements. Perfect place to start your beachside family life and improve through the years, or a solid investment considering an 8.6 % change in median price over the last five years.
Features Include:
- Highly Desirable 20.0M + Street Frontage
- 833 sqm Land Holding
- Durable 1950's Family Home
- Polished Boards
- Split System RC/AC
- Ceiling Fans
- Timber Kitchen With Dishwasher
- Separate Living & Dining
- Fully Fenced with Electric Gate Ensuring Privacy
- Off Street Parking Up To 12 vehicles
- Huge Carport
- Versatile Solid Garage/Workshop
- Undercover Entertaining
- Solar Panels
- Onsite Bore
- Huge Grassed Area Front & Rear
- 300m To The Beach
- Iconic Location
- Renovate To Taste Or Extend
- Develop STCC
463 Military Road in Largs Bay is a fantastic opportunity to stake a huge claim in an area that is earmarked and one can only anticipate strong growth looking ahead. A flexible property that simply must be considered and will be sold, will you be the new owner?
The property will be sold by Public Auction on the 29th of February at 11:00am. Vendors statement and Contract will be made available 3 days prior to Auction and onsite 30 mins prior to Auction.
Listing description written by Simon Beshara, Harcourts Plus Seaton — reproduced as published, not verified by Districts.