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SA › Largs Bay › Lincoln St

66 Lincoln St, Largs Bay SA 5016

For saleHouse for Sale

$1,220,000

For sale

Asking

4

Bedrooms

2

Bathrooms

4

Car spaces

937 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,220,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,220,000(Listing record · 31 Mar 2026)
  • CalculationLand 937 m² against a 147 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 19% above the Largs Bay median recorded sale ($1,025,000, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Largs Bay's advertised median rent ($612/wk), implied gross yield would be 2.61% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,220,000

Asking · $1,302/m² of land

No recorded sale for this property.

Largs Bay at a glance

4,181

People

$1,025,000

Median sale

$612/wk

Median rent

3.10%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Largs Bay report →

Vs Largs Bay

+19.0%

Median sale

Suburb $1,025,000

-0.49 pp

Gross yield

Suburb 3.10%

Suburb median $1,025,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,220,000
Stamp Duty (South Australia)
$60,930
Transfer/Registration Fee
$12,638
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
$1,297,268

$77,268 on top of the price (6.3% 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

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

Net yield
1.11%
Annual cashflow (pre-tax)
$-49,916
Interest cover (DSCR)
0.21
Annual rent
$31,824
Operating expenses
$18,300
Loan amount
$976,000
Annual interest
$63,440
Gross yield
2.61%

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$1,220,000available31 Mar 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 $612/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 2.6%. 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

Largs Bay in one glance

Largs Bay at a glance

4,181

People

$1,025,000

Median sale

$612/wk

Median rent

3.10%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Largs Bay report →

Keep researching

  • Why Largs Bay? Read the area thesis →
  • What else is on the market in Largs Bay →
  • Other records on Lincoln St →

Listing material

Listed by Walter & Irvine Real Estate

RENOVATE, GROW & ENJOY COASTAL FAMILY LIVING

Positioned on a substantial 937m² corner allotment, this much-loved solid brick residence presents a rare opportunity to secure a home with exceptional flexibility. Whether you're looking to renovate and create a coastal family home, landbank for the future, or explore the site's subdivision potential (STCC), the possibilities here are as exciting as they are rewarding.

Offering generous proportions and solid foundations, the home provides the perfect canvas to modernise and add value over time, while enjoying all the lifestyle benefits that make Largs Bay one of Adelaide's most desirable coastal suburbs.

Features You'll Love;

Read the full description

- Solid brick family home on an expansive 937m² corner allotment

- Four generous bedrooms, with the main bedroom conveniently positioned adjacent to the second bathroom

- Light-filled central lounge showcasing polished Jarrah hardwood floors

- Spacious dining room with beautiful oak floorboards, complete with a gas heater and reverse-cycle air conditioning for year-round comfort

- Functional kitchen featuring extensive storage, generous bench space, electric cooktop and oven, ready to enjoy now or renovate to your own style

- Original main bathroom with timeless terrazzo flooring, deep bath and separate shower

- Exceptional vehicle accommodation with a large garage, ideal for the car enthusiast, home workshop, tradesperson or hobbyist

- Ample room to securely store a boat, jet ski, caravan, trailer or multiple vehicles, making it perfectly suited to those who love getting out on the water, away on weekends or need space for their toys

- Rare three-point driveway access, providing outstanding convenience for maneuvering larger vehicles and offering multiple entry points to the property

- Expansive rear and side yard offering plenty of room for children to play, future landscaping or further improvements

- Outstanding subdivision or redevelopment potential (STCC)

A LOCATION THAT OFFERS THE BEST OF COASTAL LIVING. Perfectly positioned just moments from the shoreline, you'll enjoy an enviable lifestyle where morning beach walks, afternoons at local cafés and weekends on the water become part of everyday life.

Conveniently located:

- Approximately 500 metres to Largs Bay Beach

- Around 150 metres to the railway station for an easy city commute

- Walking distance to Largs Bay Primary School

- Minutes to the cafés, restaurants and boutique shopping along Jetty Road, Largs Bay

Adding to the appeal, this location is perfectly suited to boating enthusiasts, with the boat ramps and marina facilities at North Haven just minutes away. Spend weekends on the water, enjoy waterfront dining at the marina, or simply embrace the relaxed coastal lifestyle that this sought-after precinct offers. Nearby Semaphore provides a vibrant mix of cafés, restaurants, boutique shopping, the iconic foreshore and year-round community events, ensuring there's always something to enjoy close to home.

Largs Bay is renowned for its wide sandy beaches, relaxed atmosphere and welcoming community, Largs Bay continues to be one of Adelaide's most sought-after seaside suburbs. Approximately 16 kilometres from the Adelaide CBD, it offers an enviable blend of coastal living and city convenience with excellent public transport, quality schools, sporting clubs and parks all within easy reach.

Whether you're restoring a classic 60’s conventional home, creating your forever family residence, storing the boat ready for your next trip, or simply enjoying sunset walks along the Esplanade, this is a property that offers not only exceptional potential, but an outstanding lifestyle to match.

Listing description written by Kevin Walter, Walter & Irvine Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Living Areas: 2
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
  • Shed
  • Toilets: 1
  • Workshop
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.