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SA › Old Noarlunga › Water St

15 Water St, Old Noarlunga SA 5168

For saleHouse

$815,000

For sale

$815,000

Last sold

11 Mar 2022

5

Bedrooms

3

Bathrooms

4

Car spaces

786 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 25 June 2026)
  • CalculationRecorded House sales in Old Noarlunga (last 5 years) with land size: median $948/m² of land (n=50). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Old Noarlunga's advertised median rent ($630/wk), implied gross yield would be 4.02% — 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

$815,000

11 Mar 2022 · derived via latest_sale

Local land rate: recorded House sales in Old Noarlunga (last 5 years) with land size have a median of $948/m² of land (n=50). Districts calculation from recorded sales — not a valuation.

Old Noarlunga at a glance

1,553

People

$866,500

Median sale

$630/wk

Median rent

3.78%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Old Noarlunga report →

Vs Old Noarlunga

-5.9%

Median sale

Suburb $866,500

+0.24 pp

Gross yield

Suburb 3.78%

Suburb median $866,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$815,000
Stamp Duty (South Australia)
$38,655
Transfer/Registration Fee
$8,438
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
$865,793

$50,793 on top of the price (6.2% 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 Old Noarlunga's advertised median rent — not a rent for this listing.

Net yield
2.52%
Annual cashflow (pre-tax)
$-21,845
Interest cover (DSCR)
0.48
Annual rent
$32,760
Operating expenses
$12,225
Loan amount
$652,000
Annual interest
$42,380
Gross yield
4.02%

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. Listedprice unknownavailable25 June 2026
  2. Sold$815,00011 Mar 2022
  3. Listedprice unknowncompleted23 Feb 2022
  4. Listedprice unknowncompleted23 Feb 2022

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 $630/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

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

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

Old Noarlunga in one glance

Old Noarlunga at a glance

1,553

People

$866,500

Median sale

$630/wk

Median rent

3.78%

Suburb gross yield

Median sale from 8 recorded sales (last 12 months) — a Districts calculation.

See the full Old Noarlunga report →

Keep researching

  • Why Old Noarlunga? Read the area thesis →
  • What else is on the market in Old Noarlunga →
  • Other records on Water St →

Listing material

Listed by Century 21 SouthCoast / City / NorthEast

Versatile Family Living in a Prime Old Noarlunga Location

Positioned within one of Old Noarlunga's most tightly held and picturesque pockets, this distinctive family residence presents an exceptional opportunity to secure a substantial and highly versatile home, just moments from the tranquil banks of the Onkaparinga River.

Set on a generous allotment of approximately 786 sqm, the home makes an immediate impression with its established gardens and timeless red brick façade, beautifully complemented by elegant bay windows that invite an abundance of natural light throughout.

Internally, a thoughtfully designed floorplan delivers both flexibility and functionality, with multiple living zones tailored to modern family living. A welcoming formal lounge offers a peaceful retreat, while the expansive kitchen forms the true heart of the home. Well-appointed with extensive cabinetry, quality appliances, and a central island bench, it enjoys a sunlit outlook across the rear yard. The adjoining meals and living area seamlessly extends to the outdoor entertaining zone, creating a natural connection between indoor comfort and outdoor living.

Read the full description

Accommodation is generous and highly adaptable, comprising five well-proportioned bedrooms positioned across separate wings. The master suite is particularly impressive, featuring bay windows, plantation shutters and built-in robes. Additional bedrooms offer built-in storage, including a walk-in robe to the second bedroom, ensuring flexibility for growing families, guests, or those working from home.

Outdoors, the property continues to excel, with an expansive all-weather entertaining area framed by pitched pergolas and overlooking a sparkling, solar-heated saltwater swimming pool. A dedicated poolside bathroom and outdoor shower further enhance functionality, creating a space designed for effortless year-round enjoyment.

Vehicle accommodation and storage are equally impressive, with a large secure garage offering dual roller door access and entry from Castle Street, complemented by a front carport behind the automatic sliding gates at the double driveway, and ample off-street parking for additional vehicles, trailers or recreational assets.

Further features include ducted reverse cycle air conditioning, a solar energy system with 13kW Tesla battery storage, instant gas hot water and established, low-maintenance grounds.

The lifestyle on offer is exceptional, with the Onkaparinga River just metres away, local cafés and recreational facilities within easy walking distance, quality schooling nearby and the coastline and shopping complexes only a short drive away. McLaren Vale's renowned wineries and the Southern Expressway are also easily accessible, completing a compelling lifestyle package.

Offering space, flexibility and an enviable lifestyle-rich setting, this is a residence of enduring broad family appeal. Contact Deidre on 0403 118 581 to register your interest.

Disclaimer:

We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.

RLA 273693

Listing description written by Deidre Mastroyannis, Century 21 SouthCoast / City / NorthEast — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Living Areas: 2
  • Outdoor Entertaining
  • In-Ground Pool
  • Shed
  • Solar Panels
  • 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.