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 › Settlers Dr
$1,365,000
Last sold
25 Apr 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
649 m²
Land
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
$1,365,000
25 Apr 2026 · 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
+5.0%
Median sale
Suburb $1,300,000
-0.11 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
UnknownArea
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 Ray White Port AdelaidePerfectly positioned in one of West Lakes' most tightly held pockets, this original residence captures beautiful lakefront views, delivering a lifestyle that is both peaceful and incredibly rare. From morning coffees by the water to evening sunsets across the lake, this is a home where the outlook truly becomes part of everyday living.
Set on a generous 645m² (approx.) allotment, the property presents exciting potential for subdivision or redevelopment (subject to council consent), offering an outstanding opportunity for buyers, investors, or developers to secure premium lakefront land.
The home itself provides comfortable living as-is, with scope to renovate, extend, or design a stunning new residence that fully embraces the waterfront position.
Property Highlights:
• Welcoming undercover front porch with a tranquil lake outlook, the perfect spot to relax and unwind
• Three well-proportioned bedrooms, including a master complete with walk-in robe, ensuite, and ceiling fan
• Additional bedroom fitted with built-in robe for practical storage
• Central bathroom featuring bathtub, shower, vanity, and built-in towel storage
• Multiple living zones offering flexibility for family living and entertaining
• Functional kitchen with breakfast bar, ample bench space, pantry storage, dual sink, dishwasher, oven, and gas cooktop
• Unique internal atrium bringing natural light and a sense of openness into the home
• Expansive undercover outdoor entertaining area, ideal for year-round gatherings with family and friends
• Secure garage with roller door access
• Ducted reverse cycle air conditioning throughout for year-round comfort
• Solar panel system to support energy efficiency
• Additional features include four rainwater tanks and a practical layout ready to enjoy or enhance
Lifestyle & Location Highlights:
• True lakefront position with uninterrupted water views and direct access to walking and cycling paths
• Enjoy a relaxed lifestyle surrounded by nature, right on your doorstep
• Just 12 minutes to the beach for coastal outings and sunset strolls
• Only 6 minutes to Westfield West Lakes for shopping, dining, and entertainment
• Close to quality schools including Seaton Primary, West Lakes Shore, Seaton High, and Our Lady Queen of Peace
• Easy access to public transport for a seamless commute
Offering a rare combination of direct lakefront living, generous landholding, and exciting future potential, this is a unique opportunity to secure a premium piece of West Lakes real estate.
To place an offer on this property, please click the link here - https://portal.reaforms.com.au/purchaser/10-settlers-drive-west-lakes-sa-5021-2r52earyfxgwprmidh45ap56b
Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and is advised to enquire directly with the agent to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Rick Schultz, Ray White Port Adelaide — reproduced as published, not verified by Districts.
Nearby 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.