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SA › Hallett Cove › Shakes Cres

7 Shakes Cres, Hallett Cove SA 5158

House

$720,000

Last sold

14 Dec 2022

3

Bedrooms

2

Bathrooms

5

Car spaces

708 m²

Land

153 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $720,000 (14 Dec 2022).(Recorded sale)
  • CalculationLand 708 m² against a 153 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Hallett Cove (last 5 years) with land size: median $1,355/m² of land (n=134). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$720,000

14 Dec 2022 · derived via latest_sale

Local land rate: recorded House sales in Hallett Cove (last 5 years) with land size have a median of $1,355/m² of land (n=134). Districts calculation from recorded sales — not a valuation.

Hallett Cove at a glance

12,779

People

$1,020,000

Median sale

$658/wk

Median rent

3.35%

Suburb gross yield

Median sale from 50 recorded sales (last 12 months) — a Districts calculation.

See the full Hallett Cove report →

Vs Hallett Cove

-29.4%

Median sale

Suburb $1,020,000

+1.40 pp

Gross yield

Suburb 3.35%

Suburb median $1,020,000 from 50 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$720,00014 Dec 2022
  2. Listedprice unknowncompleted13 Nov 2022

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 $658/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

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

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

Hallett Cove in one glance

Hallett Cove at a glance

12,779

People

$1,020,000

Median sale

$658/wk

Median rent

3.35%

Suburb gross yield

Median sale from 50 recorded sales (last 12 months) — a Districts calculation.

See the full Hallett Cove report →

Keep researching

  • Why Hallett Cove? Read the area thesis →
  • What else is on the market in Hallett Cove →
  • Other records on Shakes Cres →

Listing material

Listed by Magain Real Estate

Spacious coastal living in picturesque pocket of Hallett Cove

Please phone Danelle Comer or Rachael Farror for viewing times.

Situated on a large 708sqm (approx.) block amongst quality homes in a popular pocket of Hallett Cove, this spacious three-bedroom home presents approximately 153sqm of living space. Featuring a huge amount of garage space, and a versatile floor plan, it is perfect for the growing family while being only minutes from popular public schooling options and public transport to take you straight into the CBD.

Welcoming you upon entry is a neat foyer leading you through to an L-shape lounge and dining with cozy carpets bathed in natural light through the large picture window, giving an instant feeling of elegance throughout. This formal living blends seamlessly through to the renovated kitchen, overlooking the second living with built-in bar that makes a fantastic spot for entertaining guests.

Read the full description

Those who consider the kitchen to be the heart of the home will be suitably impressed by the abundance of cabinetry and preparation space, modern appliances including a dishwasher and gas cooktop, plus a well-appointed breakfast bar, it also features a butlers pantry and a large adjacent storage closet providing valuable extra storage space.

The front-positioned master bedroom features a ceiling fan, a walk-in robe plus a renovated ensuite with a neutral palette and modern fittings. Bedrooms two and three found just off the second living both feature built-in robes and easy access to the home's main bathroom, the spacious design making room for a shower, bath, and vanity plus a separate toilet making it perfect for guests.

The kitchen/living has glass sliding doors providing a picturesque views and a seamless transition to the outdoors where you will find an entertainer's paradise! Entertain family and friends in style no matter the weather with a decked entertaining area covered by a pitched roof pergola. With a beautifully landscaped garden complete with a large level lawn area surrounded by established trees, this is the perfect place for the whole family to enjoy.

Valuable extra features include:

- Access from the front driveway to a single carport plus a huge double garage, both with secure roller doors

- Front garage featuring power connected and concrete floor

- A second rear shed/workshop with power connected and concrete floor

- Solid timber flooring

- Split system heating and cooling

- Recently added gas instantaneous hot water

- Watering system

- A rain water tank

So well located, this impressive home is surrounded by local schools and public transport options, while conveniently located only a few minute's drive to everything this sought-after beachside suburb has to offer, including the popular clifftop views and walking trails in the Hallett Cove Conservation Park, and the Hallett Cove Shopping Precinct.

All floorplans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 222182)

Listing description written by Danielle Comer, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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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.