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SA › Wattle Park › Gordo Ave

18 Gordo Ave, Wattle Park SA 5066

For saleHouse for Sale

$1,545,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

720 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,545,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,545,000(Listing record · 6 May 2026)
  • CalculationLand 720 m² against a 167 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 5% above the Wattle Park median recorded sale ($1,467,500, n=12, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Wattle Park's advertised median rent ($632/wk), implied gross yield would be 2.13% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,545,000

Asking · $2,146/m² of land

No recorded sale for this property.

Wattle Park at a glance

1,956

People

$1,467,500

Median sale

$632/wk

Median rent

2.24%

Suburb gross yield

Median sale from 12 recorded sales (last 24 months) — a Districts calculation.

See the full Wattle Park report →

Vs Wattle Park

+5.3%

Median sale

Suburb $1,467,500

-0.11 pp

Gross yield

Suburb 2.24%

Suburb median $1,467,500 from 12 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,545,000
Stamp Duty (South Australia)
$78,805
Transfer/Registration Fee
$16,103
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
$1,643,608

$98,608 on top of the price (6.4% 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 Wattle Park's advertised median rent — not a rent for this listing.

Net yield
0.63%
Annual cashflow (pre-tax)
$-70,651
Interest cover (DSCR)
0.12
Annual rent
$32,864
Operating expenses
$23,175
Loan amount
$1,236,000
Annual interest
$80,340
Gross yield
2.13%

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$1,545,000available6 May 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 $632/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 2.1%. 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

Wattle Park in one glance

Wattle Park at a glance

1,956

People

$1,467,500

Median sale

$632/wk

Median rent

2.24%

Suburb gross yield

Median sale from 12 recorded sales (last 24 months) — a Districts calculation.

See the full Wattle Park report →

Keep researching

  • Why Wattle Park? Read the area thesis →
  • What else is on the market in Wattle Park →
  • Other records on Gordo Ave →

Listing material

Listed by Harris Real Estate Blackwood

Stunning Renovated Colonial Home on a Prime 720sqm Corner Allotment

Welcome to 18 Gordo Avenue, Wattle Park, a beautifully renovated four-bedroom colonial-style residence set on a prominent corner allotment of approximately 720sqm.

From the moment you arrive, you are welcomed by an impressive wide frontage framed by established gardens and a magnificent golden elm, perfectly positioned against a breathtaking backdrop of sweeping sunset views across Adelaide.

Stepping inside, the home opens to a spacious front lounge, beautifully enhanced by a classic colonial-style bay window that fills the room with natural light and charm. This inviting space flows seamlessly through to the generous dining area, creating the perfect setting for family meals, entertaining friends, and relaxing at the end of each day.

Read the full description

At the heart of the home lies the tastefully renovated kitchen, thoughtfully appointed with premium Miele appliances, a dishwasher, ample bench space, and extensive storage.

The four bedrooms are privately positioned in their own separate wing, providing an ideal family layout. The master bedroom features a split-system air conditioner, a large built-in robe, and convenient external access - perfect for early starts or late evenings. Bedroom 2 also includes a built-in robe, while Bedroom 4 is fitted with its own split-system for added comfort.

Servicing the home are two updated bathrooms, thoughtfully designed to accommodate the needs of busy family living.

Outside, the expansive rear garden offers an additional space for entertaining during the warmer months, along with plenty of room for children to play and furry friends to enjoy.

Additional highlights include:

Large double garage with automatic roller door

Updated, separate laundry

Freshly painted throughout

Split-system air conditioning and gas wall heating for year-round comfort

Solid brick construction

Zoned for Burnside Primary School and Norwood International High School

Conveniently located close to Burnside Village and The Parade, Norwood

Don't miss this rare opportunity to secure a beautifully renovated colonial home in one of Adelaide's most desirable positions.

For further details, please contact Danielle Pope from Harris Real Estate on 0421 760 359 or daniellep@harrisre.com.au.

Specifications:

CT / 5322/130

Council / Burnside

Zoning / HN

Built / 1963

Land / 720m2 (approx.)

Council Rates / $2,022pa

SA Water / $453.86pq

Estimated rental assessment $760 to $800 per week/ Written rental assessment can be provided upon request

Nearby Schools / Burnside P.S, Magill School, Marryatville P.S, Stradbroke School, Norwood International H.S, Morialta Secondary College, Marryatville H.S

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 343664

Listing description written by Danielle Pope, Harris Real Estate Blackwood — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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