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SA › Glenelg North › Patawalonga

6/18 Patawalonga, Glenelg North SA 5045

For saleUnit

$690,000–$740,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $690,000–$740,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $690,000–$740,000(Listing record · 11 Aug 2026)
  • CalculationAsk is 45% below the Glenelg North median recorded sale ($1,245,000, n=29, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Glenelg North's advertised median rent ($568/wk), implied gross yield would be 4.28% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$690,000–$740,000

Asking range

No recorded sale for this property.

Glenelg North at a glance

7,084

People

$1,245,000

Median sale

$568/wk

Median rent

2.37%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Glenelg North report →

Vs Glenelg North

-44.6%

Median sale

Suburb $1,245,000

+1.91 pp

Gross yield

Suburb 2.37%

Suburb median $1,245,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$690,000
Stamp Duty (South Australia)
$31,780
Transfer/Registration Fee
$7,073
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$732,553

$42,553 on top of the price (6.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Glenelg North's advertised median rent — not a rent for this listing.

Net yield
2.78%
Annual cashflow (pre-tax)
$-16,694
Interest cover (DSCR)
0.53
Annual rent
$29,536
Operating expenses
$10,350
Loan amount
$552,000
Annual interest
$35,880
Gross yield
4.28%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$690,000–$740,000available11 Aug 2026

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 $568/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

Gross yield if leased at the suburb aggregate is 4.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Glenelg North in one glance

Glenelg North at a glance

7,084

People

$1,245,000

Median sale

$568/wk

Median rent

2.37%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Glenelg North report →

Keep researching

  • Why Glenelg North? Read the area thesis →
  • What else is on the market in Glenelg North →
  • Other records on Patawalonga →

Listing material

Listed by Gary J Smith Real Estate Plympton

Perfect Entry Level Unit in Superb Beachside Locality

Positioned along the picturesque Patawalonga Frontage, this fully furnished two-bedroom unit presents an exceptional opportunity to secure a low-maintenance home or investment in one of Glenelg's most sought-after locations. Offering single-level convenience and CURRENTLY TENANTED AT $630pw UNTIL FEBRUARY 2027, this property combines immediate rental income with outstanding long-term appeal.

Perfectly located just moments from the sparkling waters of the Patawalonga, this inviting residence places you within easy walking distance of Glenelg Beach, Holdfast Shores Marina, and the vibrant cafés, restaurants, boutiques, and entertainment along Jetty Road. Whether you're looking for an easy-care coastal lifestyle or a quality investment in a blue-chip location, this property delivers on every level.

Inside, the spacious living area has a split system A/C & provides a comfortable space to relax and unwind, while the practical kitchen is equipped with an electric hotplate cooker, rangehood and an adjoining eat-in dining area, making everyday living both functional and convenient. The home has attractive polished timber flooring & comes fully furnished allowing for a seamless transition for investors or future owner-occupiers.

Read the full description

Both bedrooms are generously proportioned, with the master featuring built-in wardrobes for excellent storage. The centrally located bathroom includes a full-sized shower over the bath along with integrated laundry facilities.

Year-round comfort is assured with split-system air conditioning and ceiling fans, while the allocated undercover parking space adds valuable convenience and security.

Location is everything, and this address truly has it all. Spend your mornings walking along the beach, enjoy waterfront dining at Holdfast Shores Marina, or explore the endless shopping and dining options along Jetty Road. Commuting is effortless with the nearby tram stop providing direct access to the Adelaide CBD while those travelling by car can reach the city in approximately 15 minutes.

Offering an enviable coastal lifestyle with every convenience at your doorstep, this is an outstanding opportunity for investors seeking secure rental returns or buyers planning for a future move into one of Adelaide's premier beachside suburbs.

Price: $690,000 to $740,000

City of Holdfast Bay Council

CT 5623/704

Strata Plan 14297

Built in 1965

Living Area approx 72sqm

Leased until Feb 2027

Council Rates: $1421.70pa

Water Rates: $191.85pq

Strata Fees: $708.10pq (includes sinking fund $233.60)

Listing description written by Steven Stretch, Gary J Smith Real Estate Plympton — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 1

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

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