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SA › Hindmarsh Island › Narnu Bay Dr

71 Narnu Bay Dr, Hindmarsh Island SA 5214

For saleHouse for Sale

$1,850,000–$1,950,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

1,200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,850,000–$1,950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,850,000–$1,950,000(Listing record · 25 Nov 2025)
  • FactLand 1,200 m²; no building size recorded.(Property record)
  • CalculationAsk is 118% above the Hindmarsh Island median recorded sale ($850,000, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Hindmarsh Island's advertised median rent ($505/wk), implied gross yield would be 1.42% — 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

$1,850,000–$1,950,000

Asking range · $1,542/m² of land

No recorded sale for this property.

Hindmarsh Island at a glance

2,496

People

$850,000

Median sale

$505/wk

Median rent

3.09%

Suburb gross yield

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

See the full Hindmarsh Island report →

Vs Hindmarsh Island

+117.6%

Median sale

Suburb $850,000

-1.67 pp

Gross yield

Suburb 3.09%

Suburb median $850,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,850,000
Stamp Duty (South Australia)
$95,580
Transfer/Registration Fee
$19,253
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
$1,968,533

$118,533 on top of the price (6.4% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
-0.08%
Annual cashflow (pre-tax)
$-97,690
Interest cover (DSCR)
-0.02
Annual rent
$26,260
Operating expenses
$27,750
Loan amount
$1,480,000
Annual interest
$96,200
Gross yield
1.42%

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$1,850,000–$1,950,000available25 Nov 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 $505/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 1.4%. 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

Hindmarsh Island in one glance

Hindmarsh Island at a glance

2,496

People

$850,000

Median sale

$505/wk

Median rent

3.09%

Suburb gross yield

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

See the full Hindmarsh Island report →

Keep researching

  • Why Hindmarsh Island? Read the area thesis →
  • What else is on the market in Hindmarsh Island →
  • Other records on Narnu Bay Dr →

Listing material

Listed by Elders Real Estate Goolwa

Exclusive Absolute Riverfront Living

Perched along the prized and ultra-exclusive Narnu Bay Drive, this absolute riverfront retreat delivers the quintessential waterside lifestyle - where water skiing, sailing and kayaking begin quite literally at your back door. A modern family residence with a nostalgic nod to classic holiday homes of yesteryear, this is an upmarket escape designed for effortless living and unforgettable family moments.

Step inside to the sweeping family / dine / kitchen space with electric combustion heating & S/S RCAC, set beneath a striking skillion roofline, and framed by expansive picture windows capturing the majestic river panorama. The beautifully appointed kitchen is a true centrepiece, featuring stone benchtops, dishwasher, designer appliances, ample bench space and cupboard storage and a generous breakfast bar that invites everyone to gather, chat and plan the day's adventures.

Sliding doors open to an impressively spacious entertainer's deck, complete with pull-down cafe blinds, an idyllic all-day living space perfect for slow morning coffees, long family BBQs, happy hour sunsets and cosy evenings around the table with board games and good company.

Read the full description

Four generous bedrooms, each with BIR's, provides plenty of accommodation for the largest of families and visiting friends and are serviced by two sparkling bathrooms and European-style laundry with storage cupboards.

Lush, manicured lawns wrap around the home and flow effortlessly to the shimmering water's edge, where your private boat ramp and jetty await. Wakeboarders and water-ski enthusiasts will appreciate the northern side's protection from southerly breezes, offering reliably glassy waters for endless fun.

A double garage provides secure storage for the boat and all the holiday essentials, while additional under-house storage easily accommodates kayaks, a jet-ski and more. There is also ample off-street parking for visiting friends and family or a caravan and additional boat parking.

The property is serviced by ample rainwater plus a river water licence that supplies water to the lawns through the fully automated irrigation system.

Enjoying a relaxed, contemporary coastal aesthetic both inside and out, this superb waterfront haven offers the ultimate family holiday lifestyle in one of the region's most tightly held locations. A rare opportunity to secure a premium slice of Hindmarsh Island's northern riverfront and a place to start creating everlasting family memories this coming holiday season.

*There is an option to purchase the majority of the furniture, electrical items and white goods + an option on the boat and jet ski also, allowing you to be move-in ready for Xmas & New Year.

Listing description written by Lucas Bradley, Elders Real Estate Goolwa — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
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.