Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Semaphore Park › Military Rd

U12, 319 Military Rd, Semaphore Park SA 5019

For saleUnit

$979,000

For sale

Asking

3

Bedrooms

3

Bathrooms

2

Car spaces

134 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $979,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $979,000(Listing record · 20 Aug 2026)
  • CalculationAsk is 11% below the Semaphore Park median recorded sale ($1,100,000, n=19, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Semaphore Park's advertised median rent ($579/wk), implied gross yield would be 3.08% — 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

$979,000

Asking · $7,306/m² of land

No recorded sale for this property.

Semaphore Park at a glance

4,391

People

$1,100,000

Median sale

$579/wk

Median rent

2.74%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Semaphore Park report →

Vs Semaphore Park

-11.0%

Median sale

Suburb $1,100,000

+0.34 pp

Gross yield

Suburb 2.74%

Suburb median $1,100,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$979,000
Stamp Duty (South Australia)
$47,675
Transfer/Registration Fee
$10,118
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
$1,040,493

$61,493 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 Semaphore Park's advertised median rent — not a rent for this listing.

Net yield
1.58%
Annual cashflow (pre-tax)
$-35,485
Interest cover (DSCR)
0.30
Annual rent
$30,108
Operating expenses
$14,685
Loan amount
$783,200
Annual interest
$50,908
Gross yield
3.08%

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$979,000available20 Aug 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 $579/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 3.1%. 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

Semaphore Park in one glance

Semaphore Park at a glance

4,391

People

$1,100,000

Median sale

$579/wk

Median rent

2.74%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full Semaphore Park report →

Keep researching

  • Why Semaphore Park? Read the area thesis →
  • What else is on the market in Semaphore Park →
  • Other records on Military Rd →

Listing material

Listed by Ray White Semaphore

More Than Your Average Townhouse

Set well back from Military Road within a quiet contemporary group, this three-level townhouse offers a surprising sense of space, privacy and separation. Floorboards carry throughout, while wide-reaching views and surrounding green space give the home an open outlook that you might not expect from its convenient coastal position.

The ground floor provides secure internal access from the double garage with automatic roller door, alongside bedroom three with a built-in robe and nearby bathroom. Having a bedroom on this level creates welcome separation from the remaining accommodation, making it equally suited to guests, older children or a home office if preferred.

The middle level is where the home really opens up. A generous lounge sits toward the front and extends to its own balcony, while the kitchen and dining area are positioned at the rear. Ample cabinetry and breakfast bar seating give the kitchen plenty of functionality, with the dining area flowing directly onto the covered deck and alfresco. Stacker doors and outdoor blinds allow this entire area to be enclosed, effectively extending the living space and creating somewhere that can be enjoyed across the seasons. External side access directly to this level is another thoughtful inclusion, allowing you to come and go without always entering through the ground floor.

Read the full description

Upstairs, the main bedroom has been given its own space with an ensuite, walk-in robe and private balcony, while bedroom two includes a built-in robe. The main bathroom is also positioned on this level, keeping the accommodation together while still giving everyone their own space.

Things You'll Love

• Set well back from Military Road

• Less than a two-minute walk to the beach

• Floorboards flowing throughout

• Main bedroom with ensuite & walk-in robe

• Private balcony from the main bedroom

• Enclosable deck extending the living space

• Stacker doors and outdoor blinds

• External side access to the main living level

• Wide-reaching views and surrounding green space

• Double garage with automatic roller door

Despite being so close to everything, the home feels nicely removed from the activity of Military Road. The beach is less than a two-minute walk away, while Semaphore Road, West Lakes, local shopping, cafés and restaurants are all within easy reach. With green space around you, open views from the upper levels and the coastline almost at your doorstep, there is plenty here to enjoy beyond the home itself.

Quietly positioned, surprisingly spacious and just moments from the beach.

Purchaser Portal:

Our purchaser portal gives you access to all key property documentation, including the Form 1 (Vendor Statement), Form R3 (Buyer Information Notice), and the templated Contract of Sale. Once registered, you'll also be able to complete and submit an offer using our digital offer form. Access the purchaser portal by following the link provided below:

https://portal.reaforms.com.au/purchaser/unit-12-319-military-road-semaphore-park-sa-5019-4qkdqb53vrgzq15ipt538o7a6

For more information:

Please contact the selling agent/s directly, we welcome any enquiry on this exciting property listing.

*If a land size is quoted it is an approximation only. You must make your own enquiries as to this figure's accuracy. Denham Morris Realty Pty Ltd RLA: 343783 does not guarantee the accuracy of these measurements. All development enquiries and site requirements should be directed to the local govt. authority.

*Purchasers should conduct their own due diligence and any information provided here is a guide and should not be relied upon.

Listing description written by Kate Smith, Ray White Semaphore — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Ensuites: 1
  • Floorboards
  • Remote Garage
  • Secure Parking
  • Toilets: 4
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.