Marino at a glance
2,367
People
$1,411,091
Median sale
$648/wk
Median rent
2.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Marino › The Cove Rd
$1,126,000
Last sold
8 June 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$1,126,000
8 June 2022 · derived via latest_sale
Marino at a glance
2,367
People
$1,411,091
Median sale
$648/wk
Median rent
2.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Marino
-20.2%
Median sale
Suburb $1,411,091
+0.60 pp
Gross yield
Suburb 2.39%
Suburb median $1,411,091 from 8 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 $648/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
Marino at a glance
2,367
People
$1,411,091
Median sale
$648/wk
Median rent
2.39%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts PlusThis beautiful character home started it's life in 1950 as one of 2 solid brick railway cottages, evolving into a true family home of today. With modern convenience and tasteful additions blending effortlessly this home will certainly surprise.
On entering the front door you are greeted with original warm Baltic pine flooring, flowing through to spacious open plan living and central kitchen. The first thing you see as you look ahead is the sanctuary beyond through glass sliding doors. Lavish tropical gardens enveloping an in ground tiled pool with glass surrounds, creating a perfect environment for entertaining family and friends. Imagine on those warm days and evenings, watching the hues of the sky ever changing to glorious sunsets.
The kitchen is well equipped with stainless steel appliances and a twin drawer dishwasher. The family room still has the original working fireplace which is a favourite spot on cold winter nights. Imagine sitting around a warm open fire, sipping hot chocolate, guaranteed to become a favourite family tradition.
The master and second bedroom have generous BIR with the master bedroom having it's own original fire-place. With modern bathrooms and a third bedroom that would be perfect for a teenage re-treat or perhaps a studio providing plenty of space for everyone.
In addition to the open fireplace's there is Split system air-conditioning along with fans strategically placed throughout the home. Add the fresh cool sea breezes will guarantee your comfort all year round.
Just a short stroll to the railway station giving easy access to the city, prestige schools and shopping, picturesque walks along the sea front on the famous board walk, the community centre and garden giving a sense of belonging that few suburbs enjoy. Everyone that lives here knows how special this community is, a rare opportunity not to be missed!
What we Love
- One of two original railway cottages
- Baltic Pine floorboards throughout the living areas
- Open plan living
- Fully tiled pool with tropical gardens
- Under-cover out-door entertaining
- Modern bathrooms
- Stainless steel appliances including dual drawer dishwasher
- Two open fire-places
- Third bedroom with own retreat
- Stroll to railway station, board-walk, community centre and garden
- Solid brick construction
- 11 Solar panels
Property Specifications;
C/T: 5163/306
Year Built: 1950
Land Size: 812m (approx.)
Council: City of Marion
Council Rates: $2058.65 p.a
Zoning: Hills Neighbourhood
SA Water: $191.97 p.q
ESL: $112.45 p.a
Lyn Cronin | 0416 088 422
(08) 8328 1400 | harcourtsplus.com.au
We Create Success | Marino
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Interested parties should make their own enquiries and obtain their own independent advice.
Listing description written by Lyn Cronin, Harcourts Plus — reproduced as published, not verified by Districts.