West Lakes at a glance
8,035
People
$1,300,000
Median sale
$601/wk
Median rent
2.40%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
SA › West Lakes › Frome Cres
$1,250,000
Last sold
24 Mar 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
622 m²
Land
247 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,250,000
24 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in West Lakes (last 5 years) with land size have a median of $2,549/m² of land (n=52). Districts calculation from recorded sales — not a valuation.
West Lakes at a glance
8,035
People
$1,300,000
Median sale
$601/wk
Median rent
2.40%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Vs West Lakes
-3.8%
Median sale
Suburb $1,300,000
+0.10 pp
Gross yield
Suburb 2.40%
Suburb median $1,300,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning 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.
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
No advertised rent is recorded. Suburb median rent $601/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
West Lakes at a glance
8,035
People
$1,300,000
Median sale
$601/wk
Median rent
2.40%
Suburb gross yield
Median sale from 47 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MichaelKris Real EstateUNDER CONTRACT
A Classic Solid Brick Home with Endless Potential!
Discover the charm of this classic solid brick residence on a generous 622 sqm allotment, nestled on a peaceful crescent opposite a manicured reserve with a children's playground. Enjoy the tranquility of no-through traffic, perfect for family living and leisure. Retained by the same family since its construction, this home exudes warmth and authenticity, ready for its next chapter.
Featuring four bedrooms, this property remains largely in its original state, providing a blank canvas to add a touch of modern flair and imprint your personal style. Whether you wish to embrace its retro vibe or modernise with contemporary updates, this home offers the perfect foundation for your vision.
Ideally positioned in a friendly neighborhood where community spirit thrives, this property is just 13 km from Adelaide's CBD and only 5 km from some of Adelaide's most beloved beaches. Within walking distance to the prestigious West Lakes Golf Course, and close proximity to the West Lakes Shopping Centre and historic Port Adelaide. With parks, schools, and other amenities close at hand, it promises a well-balanced lifestyle of convenience and community for everyone to enjoy.
This is an excellent opportunity to secure a solid, original home in a highly sought-after location with exceptional urban accessibility.
Property Features:
Prime Location:
-Less than 13 km to Adelaide's CBD.
-Less than 5 km to Adelaide's stunning beaches.
-Walking distance to West Lakes Golf Course.
-Close to historical Port Adelaide, parks, schools, and local amenities.
-Design and construction:
-Solid double-brick construction.
-Four bedrooms, including a main bedroom with ensuite and walk-in robe.
-Two separate living areas.
-Spacious kitchen.
-2.8-meter ceilings in the main living area and 2.6-meter ceilings elsewhere
-Roomy laundry with ample space
-Ducted Heating
-Wall unit air-conditioning
-Separate studio with direct access to the garage
-Double-width, side-by-side garage
-Outdoor undercover patio area
-Garden shed
Sustainability:
-Equipped with a 10 kW grid solar system.
Potential:
-Largely in original condition, offering a blank canvas for renovation or modernization.
-Ideal for embracing its retro aesthetic or adding contemporary updates.
-Community & Lifestyle:
-Located on a quiet, no-through-traffic crescent
-Overlooks a manicured reserve with a children's playground.
-Access to a nearby lane leading to the lakeside reserve at West Lakes.
-Friendly, family-oriented neighborhood with vibrant community spirit.
They don't build them like this anymore. Come see for yourself and imagine the possibilities!
Year Built: Circa 1979
Land Size: 622 sqm (approximate)
Building Size: 247 sqm (approximate)
Council: City of Charles Sturt
Council Rates: $1,994.60 per annum
Zone: Waterfront Neighbourhood - WN
Matthew Lee
MichaelKris Real Estate
RLA 212749
DISCLAIMER: The information provided is believed to be correct, but its accuracy is not guaranteed. Potential buyers should conduct their own due diligence and seek professional advice before making any decisions. Due Diligence Encouraged: Prospective buyers are strongly encouraged to conduct their own due diligence to confirm all aspects of the property, including but not limited to measurements, zoning regulations, and any necessary development.
Listing description written by Matthew Lee, MichaelKris Real Estate — reproduced as published, not verified by Districts.