Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
SA › Somerton Park › Bungey Ln
$2,225,000–$2,300,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
4
Car spaces
347 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
Asking
$2,225,000–$2,300,000
Asking range · $6,412/m² of land
No recorded sale for this property.
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Vs Somerton Park
+2.5%
Median sale
Suburb $2,170,000
-0.03 pp
Gross yield
Suburb 1.34%
Suburb median $2,170,000 from 40 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$143,148 on top of the price (6.4% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Somerton Park's advertised median rent — not a rent for this listing.
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.
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 $560/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.
Gross yield if leased at the suburb aggregate is 1.3%. 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
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
Somerton Park at a glance
6,466
People
$2,170,000
Median sale
$560/wk
Median rent
1.34%
Suburb gross yield
Median sale from 40 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate BlackwoodSetting a new benchmark for Somerton Park from every angle, this dual-level entertainer is as much about design statement as it is about daily function, balancing high-end detail with free-flowing ease across every square metre.
Quietly tucked away in your own peaceful enclave this home presents its sleek frontage with feature Basket Range stone, to a soaring voided entry and interiors that lean into light at every turn, this is a home that's confident, considered, and unmistakably high-end.
Facing north and drinking in every drop of sunlight, a luminous open plan living area unfolds in one seamless sweep. A stone-clad gas fireplace makes winter a season to savour, before oversized sliders dissolve into an alfresco pavilion - outdoor kitchen primed, weekends already accounted for.
At the centre, a gourmet kitchen sets the standard. Waterfall stone surfaces meet premium Smeg appliances and a fully appointed butler's pantry, delivering a space that moves effortlessly from everyday ease to full-scale entertaining.
The main bedroom claims its own ground-floor retreat, complete with walk-in robe and a luxe ensuite that leans into hotel-level comfort. Upstairs, the layout flexes with you, with three robed bedrooms, a family bathroom with freestanding tub, and a secondary living zone creating a level that kids, guests, or grandkids will happily take over.
Everyday functionality is just as considered. A double garage, mudroom, separate laundry, guest powder room, ducted R/C air conditioning, security and irrigation systems, and rainwater tank all speak to a home that's completely future-ready.
Step outside and the lifestyle writes itself. Walk to the shoreline, grab your morning coffee from Broadway, or settle in for sunset sessions at Somerton Surf Life Saving Club. With zoning for Brighton Secondary and easy reach to Glenelg Primary, Paringa Park, Sacred Heart and Westminster, the location holds its own at every stage.
Refined living with the coast on cue - this is the one you've been waiting for.
More to Love:
• 2022 build by Selah Homes
• Secure double garage with internal entry to mudroom
• Additional off-street parking
• Daikin ducted reverse cycle air conditioning with AirTouch wifi controller and linear vents to main bedroom and living areas
• Real Flame Element 1200 gas fireplace to lounge with Basket Range cladding
• Square-set ceilings throughout – 3m to lower floor, 2.7m to upper
• Alfresco with rain sensing vergola, zip-track blinds, and louvre blinds
• Fully-equipped outdoor kitchen with built-in Weber gas BBQ, Artusi drinks fridge, and concrete benchtop
• Luxe fully tiled bath and powder rooms with stone-topped vanities, frameless rainfall showers, and brushed gold hardware
• Gourmet kitchen with Smeg appliances, soft-close cabinetry, and butlers pantry
• Engineered timber floors and loop pile carpets
• High quality window furnishings, including ceiling hung linen curtains
• High-end soft close cabinetry and joinery throughout, including pull down hanging rods to walk-in robe
• 20mm Kirec Stone Ambassador Benchtops to kitchen, laundry, tv unit, and bathrooms
• Irrigation system, including to verge
• Exposed aggregate outdoor paving
• Thermann 26l continuous flow gas hot water service with internal temperature control panels
• Paradox 32 Zone security system
• NBN ready
• Gated side access with keypad entry
• 1100l rainwater tank plumbed to toilet
• 4000l detention tank
• Commercial grade windows and sliders
• Provedore double swing out pantry
Specifications:
CT / 6272/447
Council / Holdfast Bay
Zoning / GN
Built / 2022
Land / 347m2 (approx)
Council Rates / $3,248.85pa
Emergency Services Levy / $289.25pa
SA Water / $344.11pq
Estimated rental assessment $1300 to $1400 per week/ Written rental assessment can be provided upon request
Nearby Schools /Paringa Park P.S, Glenelg P.S, Warradale P.S, St Leonards P.S, Brighton P.S, Brighton Secondary School, Hamilton Secondary College
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 (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 and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 337539
Listing description written by Anton Vizzari, Harris Real Estate Blackwood — reproduced as published, not verified by Districts.