Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

SA › South Plympton › Melville St

68 Melville St, South Plympton SA 5038

For saleHouse

$29,330

For sale

Asking

3

Bedrooms

1

Bathrooms

3

Car spaces

547 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $29,330 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $29,330(Listing record · 12 Aug 2026)
  • CalculationRecorded House sales in South Plympton (last 5 years) with land size: median $2,022/m² of land (n=98). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 97% below the South Plympton median recorded sale ($1,104,444, n=38, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Plympton's advertised median rent ($578/wk), implied gross yield would be 102.48% — 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

$29,330

Asking · $54/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in South Plympton (last 5 years) with land size have a median of $2,022/m² of land (n=98). Districts calculation from recorded sales — not a valuation.

South Plympton at a glance

4,879

People

$1,104,444

Median sale

$578/wk

Median rent

2.72%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full South Plympton report →

Vs South Plympton

-97.3%

Median sale

Suburb $1,104,444

+99.76 pp

Gross yield

Suburb 2.72%

Suburb median $1,104,444 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$29,330
Stamp Duty (South Australia)
$467
Transfer/Registration Fee
$251
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
$33,748

$4,418 on top of the price (15.1% 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 South Plympton's advertised median rent — not a rent for this listing.

Net yield
100.98%
Annual cashflow (pre-tax)
$28,091
Interest cover (DSCR)
19.42
Annual rent
$30,056
Operating expenses
$440
Loan amount
$23,464
Annual interest
$1,525
Gross yield
102.48%

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$29,330available12 Aug 2026
  2. Soldprice unknown13 Mar 2025
  3. Listedprice unknowncompleted5 Mar 2025

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 $578/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 102.5%. 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

South Plympton in one glance

South Plympton at a glance

4,879

People

$1,104,444

Median sale

$578/wk

Median rent

2.72%

Suburb gross yield

Median sale from 38 recorded sales (last 12 months) — a Districts calculation.

See the full South Plympton report →

Keep researching

  • Why South Plympton? Read the area thesis →
  • What else is on the market in South Plympton →
  • Other records on Melville St →

Listing material

Listed by Ray White Burnside

Original Charm with Serious South Plympton Upside.

Packed with yesteryear personality and sitting on a deceptively deep 547sqm parcel, 68 Melville Street brings classic c.1920s solid brick character to west's most attractive city-to-sea corridor. Behind its shaded verandah frontage, lofty proportions and original interiors set the scene across three generous bedrooms, a formal lounge and separate dining room, with the time-capsule wallpaper, arched openings and retro detailing leaving renovators plenty to sink their teeth into. This isn't a cosmetic tweak - it's the kind of project that invites vision, elbow grease and a completely new chapter.

Further in, the spacious kitchen and casual meals zone lead through to a substantial rear sunroom, adding another layer of flexibility to the existing footprint. Beyond that, wide verandahs, extensive paved areas, established trees, a long triple-car carport and sizeable shedding give the backyard scale to match the home's future promise. Refresh and rent while landbanking, undertake a full-scale renovation and pull this character beauty into sharp contemporary alignment, or explore the development credentials of the allotment itself (STCC); whichever direction you favour, there's plenty here worth unlocking.

Then there's South Plympton itself, where everyday convenience and big-picture lifestyle appeal work in tandem. Marion Road's cafés and eateries sit close by, Castle Plaza is only minutes away, while Westfield Marion and Jetty Road Glenelg widen the retail, dining and entertainment options without stretching the commute. Public and private schooling is within easy reach, nearby tram links make beach or city trips swift, and Adelaide CBD remains comfortably accessible, making this a strong location story to sit behind an equally compelling renovation or redevelopment play.

Read the full description

FEATURES WE LOVE

• Near-original c.1920s solid brick residence set on a 547sqm (approx.) allotment

• Lofty formal lounge + separate dining room retaining rich period character

• Spacious kitchen/casual meals zone ready for a complete contemporary overhaul

• 3 generous bedrooms, one with BIRs, another with ceiling fan + AC

• Rear sunroom adding valuable extra floorplan flexibility

• Neat contemporary bathroom + separate laundry facilities

• Wide verandah + extensive paved outdoor areas beneath established greenery

• Long triple-car carport, sizeable shedding + additional storage

• Outstanding scope to renovate, refurb, rent, landbank or redevelop (subject to council conditions)

LOCATION

• Walking distance to Emmaus Christian College, Forbes Primary + moments to Plympton International College

• One street over from the popular Jervois Street Reserve for after school energy burn + weekend play dates

• Local favourite cafés, bakeries + takeaway options dotted along Marion Road

• A quick zip to Castle Plaza for all your shopping essentials, less than 10-minutes to Jetty Road Glenelg or bustling Westfield Marion for more shopping, dining + entertainment

• A bee-line to Adelaide CBD by way of car, bus or tram

Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.

Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

Burnside RLA 334844

Property Details:

Council | Marion

Zone | General Neighbourhood

Land | 547sqm(Approx.)

House | 252sqm(Approx.)

Built | 1920

Council Rates | $2,244.81 pa

Water | $239.96 pq

ESL | $182.80 pa

Listing description written by Reece Pilgrim, Ray White Burnside — reproduced as published, not verified by Districts.

Also look at

Also for sale in South Plympton

  • 49 Melville St, South Plympton SA 5038

    4-bed house for sale. Currently listed.

    For sale
  • 64 Barker Ave, South Plympton SA 5038

    3-bed house. Asking $1.45M–$1.55M.

    For sale
  • 527A Marion Rd, South Plympton SA 5038

    3-bed house for sale. Asking $5.14M.

    For sale
  • 65 William St, South Plympton SA 5038

    2-bed house for sale. Currently listed.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.