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SA › Nairne › Princes Hwy

55 Princes Hwy, Nairne SA 5252

House

$1,200,000

Last sold

10 Mar 2022

6

Bedrooms

3

Bathrooms

5

Car spaces

3,160 m²

Land

596 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,200,000 (10 Mar 2022).(Recorded sale)
  • CalculationLand 3,160 m² against a 596 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Nairne (last 5 years) with land size: median $967/m² of land (n=85). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,200,000

10 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in Nairne (last 5 years) with land size have a median of $967/m² of land (n=85). Districts calculation from recorded sales — not a valuation.

Nairne at a glance

5,898

People

$860,000

Median sale

$593/wk

Median rent

3.59%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Nairne report →

Vs Nairne

+39.5%

Median sale

Suburb $860,000

-1.02 pp

Gross yield

Suburb 3.59%

Suburb median $860,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,200,00010 Mar 2022
  2. Listedprice unknowncompleted9 Feb 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $593/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Nairne in one glance

Nairne at a glance

5,898

People

$860,000

Median sale

$593/wk

Median rent

3.59%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Nairne report →

Keep researching

  • Why Nairne? Read the area thesis →
  • What else is on the market in Nairne →
  • Other records on Princes Hwy →

Listing material

Listed by Bayly Real Estate

'The Barn'; a colourful, treasured piece of Nairne's history…with countless possibilities

This property that started its days as Nairne's first flour mill way back in the 1840s and has hosted many a community event since is today a family home like no other - and could be so much more on its spacious, tranquil parcel of land with prized dual access and a bonus self-contained cottage.

It was known as 'Johnson's Mill' in those early days and would later connect to the character villa that revels in its recent upgrades and sets the charming tone for a property that rises to a second level and reveals two kitchens before you even reach its historical rear.

In fact, if you include the two-bedroom cottage that could be the perfect income-supplementing B&B, there are three kitchens in total - and the option to create three homes on the one title.

Read the full description

If that isn't intriguing enough, wait until you see 'The Barn'; a rustic area made of stone and soaring vaulted ceilings, with so many colourful stories to tell as a performance venue, artist's studio, gallery, harp maker and luthier's workshop, wedding venue and more.

With exposed timber beams, lime washed walls, a stone slab floor, high ceilings, timber lintels, cedar windows, and French doors leading to an entertainer's patio, the home saves its quirky, character-filled best for last.

Elms, maples, gums and an array of fruit-bearing trees frame a backdrop that meets the Nairne Creek, changes its scents and colours as the seasons do, draws abundant wildlife to your doorstep and sets the magical scene for what's to come…

With so much history, charm and natural beauty, 'The Barn' will welcome a long list of different souls and endeavours. Could this be the ultimate wedding venue? Home to a gin distillery or brewery? Could it be both?

Point is; 'The Barn' is already something. It could be anything

More you'll love about this home:

- Dual access points to property, including rear access via Church Street

- Carport and large powered shed

- Fourteen solar panels for reduced energy bills

- The entire dwelling can be split into three sections, perfect for multi-

generational family living

- Updated main kitchen with stone benchtops, vintage style Nobel oven,

marble splash backs, induction cooktop and integrated dishwasher

- Ultra-flexible footprint with a mix of formal and casual zones and the

option to work from home

- Three-phase power to 12x6m shed with high clearance

- Plenty of room for extra vehicles – carport adjacent to house and four l

lockable car/caravan/boat spaces

- The home is serviced by two open fireplaces, three combustion heaters

and three large reverse cycle air conditioners.

- 2 Gas hot water systems

- Large lawned area and fire pit zone to rear

- Second kitchen is the perfect butler's pantry, perfect for entertaining large

crowds

- Self-contained cottage includes external access, timber ceilings and

stone walls, split R/C, living zone and kitchen, bathroom, mezzanine and

main bedroom

- Conveniently located very close to the centre of town, just a short stroll

from shops, bus, eateries and an assortment of other interesting local

businesses

- Just a short drive from the many conveniences of Mount Barker

Specifications

CT l 5867/158

Council l Mount Barker

Built l 1910

Land l 3,160sqm

Council Rates l $809.00 pq

SA Water l $137.87 Supply + charge

ESL l $

Easement l Yes

Encumbrance l No

Disclaimer: All information provided has been obtained from sources we believe to be accurate and is provided as a guide only. We cannot guarantee the information is accurate and the Agent, Vendor and supplier accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at 60 North Terrace Kent Town for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA 266410

Listing description written by Jackie Bayly, Bayly Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 1
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.