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 › The Cove Rd
$12,200,000
Last sold
19 Dec 2020
3
Bedrooms
2
Bathrooms
5
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
$12,200,000
19 Dec 2020 · 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
+764.6%
Median sale
Suburb $1,411,091
-2.11 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 Harcourts PlusThis triple level custom-built lifestyle home in an exclusive coveted cove enclave of only five, offers the ultimate in absolute waterfront living, showcasing 180° sea views from the western side of home and views across the Marino Conservation Park from eastern side of home...you can enjoy spectacular sunrises and sunsets from either balcony!
With a well-designed floor plan facilitating excellent separation of living as well as maximising the glorious expansive ocean views; the home comprises three bedrooms, two bathrooms, three separate living areas, central kitchen, study nook, office, cellar/darkroom with sink, separate laundry, and double lock up garage on a fully fenced 574m2 (approx.) block with gated entry.
Freshly painted throughout; other features include new carpets in rumpus and bedrooms, ducted reverse cycle air-conditioning, hardwood timber floors, Bosch dishwasher, gas cooktop, stainless steel oven, large picture windows to invite in light and frame vista, spa bath in ensuite, generous storage, external access from third bedroom, and open fireplace.
Two of the three bedrooms boast sparkling water views, a joy to wake up to; the vista can be admired from all living zones and you will never tire of the changing hues of the sea reflecting the various weather conditions - from grey and dark on a cloudy/stormy day through to azure blue on a crystal clear day. Pure magic.
Easy-care inside and out; there is no immediate money needing to be spent, and the gardens require virtually zero maintenance. There is also onsite secure parking for three additional vehicles...and in this golden location, you will have lots of visitors, so keep that wine cellar fully stocked!
Step out the door onto the boardwalk, where you can stroll or cycle along the scenic coastal walkway, savouring the natural beauty and fresh air...there is no excuse not to keep fit and active with miles of gorgeous coastline on your doorstep.
Just a short drive to Hallett Cove and Marino amenities including train stations, and only 34 minutes to CBD; access to essentials is quick and easy.
This truly magnificent home has been tightly held for many years, and you'll see why! Location-driven buyers in the prestige market MUST act with haste...purchase today and you can be toasting the festive season in comfort and style out on the balcony and soak up the coastal bliss.
Features:
- Custom-designed waterfront home
- Elevated position, exclusive enclave
- 3 bedrooms, 2 bathrooms, office
- Central kitchen with gas cooktop
- 3 separate living zones + 2 balconies
- Sweeping 180° ocean views will impress
- Views to the east across conservation park
- Freshly painted inside and out, new carpets
- Ducted reverse cycle air-conditioning
- Darkroom/wine cellar with built-in sink
- DLUG + onsite parking for visitors
- Gated secure 574m2 (approx.) - low maintenance
- Step outside door to scenic boardwalk
- Just minutes to nearby amenities
- Desirable location, exceptional buying!
Lyn Cronin 0416 088 422
P 8328 1400 I harcourtsplus.com.au
We Create Success | Marino
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. Interested parties should make their own enquiries and obtain their own independent advice.
Listing description written by Lyn Cronin, Harcourts Plus — reproduced as published, not verified by Districts.