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 › Bundarra Rd
$610,000
Last sold
5 July 2017
3
Bedrooms
2
Bathrooms
1
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
$610,000
5 July 2017 · 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
-56.8%
Median sale
Suburb $1,411,091
+3.13 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 Elders Real Estate Morphett ValeA rare opportunity to purchase in this prestigious area of Marino. This delightful home with north facing living rooms allows the winter sun to provide warmth and at the same time captures fantastic views from a number of vantage points of the sea, coastline and city.
Built on two levels and featuring three bedrooms all with built in robes, updated kitchen with dishwasher and large open plan lounge and dining with picture windows. The original laundry has been converted to a large pantry and for convenience has direct internal access from the lock-up carport. The family bathroom has a separate toilet and is centrally located.
Air conditioning and heating provide year round comfort.
On the lower level is the laundry, second toilet and shower plus workshop/hobby room.
Step outside and you will be blown away by the extent of the views on offer. The ocean, the sandy coast line, Brighton Jetty and beyond. Not to mention the city and sparkling lights at night. The extensive decked area and shady pergola are just the perfect place to sit, relax and enjoy the views and sunsets with a glass of your favourite wine.
If all of the above is not enough to tempt you, then why not invite your friends over for a dip in the in-ground solar heated pool.
In addition to the lock-up carport there is a semi-circular driveway for ease of access and off street parking. If driving to the city is not your preference, then take the train to the city or suburbs further south.
If you need more, why not consider building up or out subject to council consents and approvals.
Don?t delay, call the agent today to make a convenient time to inspect this gem by the sea.
For more information contact Mike Nash, Elders Hallett Cove
M: 0412 835 012
B: 8322 1466
E: mike.nash@eldersrealestate.com.au
RLA193394
Listing description written by Mike Nash, Elders Real Estate Morphett Vale — reproduced as published, not verified by Districts.