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SA › Albert Park › Murray St

Allot 42, Murray St, Albert Park SA 5014

For saleTownhouse

$899,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

103 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 22 Apr 2026)
  • CalculationAsk is 10% below the Albert Park median recorded sale ($996,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Albert Park's advertised median rent ($596/wk), implied gross yield would be 3.45% — 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

$899,000

Asking · $8,728/m² of land

No recorded sale for this property.

Albert Park at a glance

1,832

People

$996,000

Median sale

$596/wk

Median rent

3.11%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Albert Park report →

Vs Albert Park

-9.7%

Median sale

Suburb $996,000

+0.34 pp

Gross yield

Suburb 3.11%

Suburb median $996,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$899,000
Stamp Duty (South Australia)
$43,275
Transfer/Registration Fee
$9,278
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
$955,253

$56,253 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 Albert Park's advertised median rent — not a rent for this listing.

Net yield
1.95%
Annual cashflow (pre-tax)
$-29,241
Interest cover (DSCR)
0.37
Annual rent
$30,992
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
3.45%

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$899,000available22 Apr 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 $596/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 3.4%. 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

Albert Park in one glance

Albert Park at a glance

1,832

People

$996,000

Median sale

$596/wk

Median rent

3.11%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Albert Park report →

Keep researching

  • Why Albert Park? Read the area thesis →
  • What else is on the market in Albert Park →
  • Other records on Murray St →

Listing material

Listed by Taplin Real Estate

Construction Starts Soon

An outstanding opportunity to secure a fixed-price, full turnkey house and land package, the exceptional "Sebago" design at The Gadsden, 24 Murray Street Albert Park. The largest home in the development at over 170m², offering three bedrooms or a separate living room, 2.5 bathrooms, and a tandem double garage, with absolutely nothing more to do but move in.

Situated in Adelaide's established inner west, Albert Park is a quiet, well-regarded suburb that offers genuine everyday convenience. The CBD is within easy reach, with local schools, parks, public transport, and neighborhood amenities all close by. It's a suburb that consistently appeals to owner-occupiers and investors alike. Valued for its accessibility, community feel, and long-term fundamentals.

The Sebago stands alone as The Gadsden's flagship design. At 146.35m² internal and 170.56m² total, this is a home that lives significantly larger than a conventional townhome. A tandem double garage (3.0m x 10.4m) provides generous vehicle storage from the street, alongside a third bedroom or private ground-floor living room (2.9m x 3.6m) that functions beautifully as a media room, or home office.

Read the full description

Upstairs, the Sebago delivers one of the most impressive first floors in the development. An expansive open-plan living and dining area (5.3m x 3.6m) commands the space, anchored by a fully equipped kitchen with stone benchtops and quality electric appliances, and opening onto a sweeping balcony, the perfect platform for entertaining or enjoying Adelaide's famously temperate evenings. A powder room serves the first floor, while both bedrooms include a master suite with ensuite and built-in robe. Well-proportioned, private retreats.

With 2.7m ceilings throughout, ducted reverse cycle air conditioning, full-height tiling to all wet areas, floating timber laminate flooring downstairs, full carpet upstairs, LED lighting, and roller block-out blinds, the Sebago is finished to an exceptional standard in every detail. Full landscaping, and paths are included in the turnkey package. Buyers can choose from two colour schemes with optional upgrades available.

Key features include:

- Fixed price, full turnkey package

- Torrens titled

- Three-bedroom town home with 2.5 bathrooms

- Largest home in the development

- 2.7m ceilings throughout

- Ducted reverse cycle air conditioning

- Master bedroom with built-in and ensuite

- Separate ground-floor living room or third bedroom (2.9m x 3.6m)

- First-floor balcony (6.0m x 1.7m)

- Expansive open-plan living and dining (5.3m x 3.6m)

- Powder room on the first floor

- Kitchen with stone benchtops and quality electric appliances

- Full-height tiling to both bathrooms

- Tandem double garage (3.0m x 10.4m)

- Full landscaping, and paths included

- Floating timber laminate flooring through-out, fully carpeted bedrooms

- Single roller block-out blinds throughout

- LED lighting throughout

- Builder: award-winning Rivergum Homes

- Choice of colour selections and optional upgrades

For buyers who want the very best that The Gadsden has to offer, the most space, the most flexibility, and the finest finish, the Sebago is the answer. A rare opportunity to secure a premium Albert Park address at a fixed price.

Excellent opportunities for first home buyers with grants available. Please check your eligibility.

Enquire today for further details. Don't delay. For further information, contact:

Heath Lapthorne

+61 423 764 163

hlapthorne@taplin.com.au

Tom Taplin

+61 407 330 336

tt@taplin.com.au

Taplin Group of Companies – RLA 1836

Follow us: @tom_taplin @taplin

Disclaimer: The information contained herein has been obtained from sources deemed reliable; however, neither the vendor, Taplin Group of Companies, nor their representatives warrant its accuracy. Interested parties are advised to undertake their own independent enquiries and seek appropriate professional advice to satisfy themselves as to the correctness of each particular. No representation or warranty is given or implied as to the condition, dimensions, land size, improvements, or suitability of the property for any particular purpose. While Taplin Group may engage or refer to third-party platforms such as realestate.com.au for marketing purposes, no financial benefit is derived from any associated inspection or reporting services, and no responsibility is accepted for any errors, omissions, or misstatements arising therefrom.

#Taplin #TaplinGroup #WeAreRealEstate

Listing description written by Heath Lapthorne, Taplin Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Gas Heating
  • Living Areas: 2
  • Outdoor Entertaining
  • Pet-Friendly
  • Secure Parking
  • Toilets: 3
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.