Hindmarsh Island at a glance
2,496
People
$850,000
Median sale
$505/wk
Median rent
3.09%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Hindmarsh Island › Narnu Bay Dr
$1,560,000
Last sold
14 June 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
1,110 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
$1,560,000
14 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Hindmarsh Island (last 5 years) with land size have a median of $1,144/m² of land (n=90). Districts calculation from recorded sales — not a valuation.
Hindmarsh Island at a glance
2,496
People
$850,000
Median sale
$505/wk
Median rent
3.09%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Hindmarsh Island
+83.5%
Median sale
Suburb $850,000
-1.41 pp
Gross yield
Suburb 3.09%
Suburb median $850,000 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 $505/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Hindmarsh Island at a glance
2,496
People
$850,000
Median sale
$505/wk
Median rent
3.09%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris South CoastBest Offer By 12.00 noon, Wednesday 12 June 2024 (Unless Sold Prior)
Price: $1,549,000 to $1,600,000
Magnificent Narnu Bay Drive - north facing with endless river views stretching out across the water, capturing the Finniss River estuary and beyond to the distant rolling hills. Located in a tightly held enclave of riverfront properties, you will discover this cute Circa 1978 double brick cottage, found on the high point of the ridge, adding to the splendour of the river view. Giving further evidence to the claim that this opportunity to purchase is not only rare, but generational, is the fact this is the first time the property has been offered for sale since 1973!
The cottage is found on a lawn covered 1110m2 (approx) allotment, sloping down to the boat shed near the water's edge. Disposed to three intimate bedrooms, with a built-in robe and ceiling fan in one and provision for a robe in another. Two of the bedrooms have a river view. The bathroom has a shower, vanity and wc, and there is a second separate wc. The lovely light filled open plan kitchen/living/dining room, is the family gathering place, highlighted by a great working fireplace in the living room creating that wonderful cosy feel in winter, together with a reverse cycle split air-conditioner and ceiling fan. The large picture window fills with the river view, letting in the warmth of the winter sun in the cooler months. The front door opens from the living room onto the wide alfresco verandah, where many a family barbecue has been enjoyed, while also providing an idyllic spot to enjoy a glass of wine as you watch the setting sun.
The 6.16m x 6.06m lock-up boat shed will impress, leave your boat securely stored with all the equipment necessary for life on the water! The shed has double sliding doors with concrete floor and power connected, together with a housing covering the newly installed pressure pump, which is used to irrigate the grounds. The boat ramp and jetty complete the properties improvements.
In summer when the river really comes to life you will marvel at the activity, yachts in full sale, boats with skiers in tow and the magnificent wooden boats as they cruise the river. From the moment you arrive at this stunning spot, you can't help but relax. It's only a five-minute drive into the Goolwa township and you are within easy reach of the Murray Mouth and entry to "The Coorong". The South Coast beaches beckon and the restaurant and café selection from Islanders Tavern at the Hindmarsh Marina to those found in Goolwa, will only add to the experience!
Elevated river views - a rare find indeed!
Listing description written by Mark Forde, Harris South Coast — reproduced as published, not verified by Districts.
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