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SA › Waikerie › Vasey Rd

189 Vasey Rd, Waikerie SA 5330

For saleHouse

$890,000–$930,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

4

Car spaces

4,034 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $890,000–$930,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $890,000–$930,000(Listing record · 30 June 2026)
  • CalculationLand 4,034 m² against a 268 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Waikerie (last 5 years) with land size: median $301/m² of land (n=19). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 86% above the Waikerie median recorded sale ($479,500, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Waikerie's advertised median rent ($358/wk), implied gross yield would be 2.09% — 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

$890,000–$930,000

Asking range · $221/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Waikerie (last 5 years) with land size have a median of $301/m² of land (n=19). Districts calculation from recorded sales — not a valuation.

Waikerie at a glance

2,695

People

$479,500

Median sale

$358/wk

Median rent

3.88%

Suburb gross yield

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

See the full Waikerie report →

Vs Waikerie

+85.6%

Median sale

Suburb $479,500

-1.79 pp

Gross yield

Suburb 3.88%

Suburb median $479,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$890,000
Stamp Duty (South Australia)
$42,780
Transfer/Registration Fee
$9,173
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
$945,653

$55,653 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

Based on the low end of the asking range, not a contract price.

Pre-filled with Waikerie's advertised median rent — not a rent for this listing.

Net yield
0.59%
Annual cashflow (pre-tax)
$-41,014
Interest cover (DSCR)
0.11
Annual rent
$18,616
Operating expenses
$13,350
Loan amount
$712,000
Annual interest
$46,280
Gross yield
2.09%

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$890,000–$930,000available30 June 2026
  2. Soldprice unknown11 Jan 2022
  3. Listedprice unknowncompleted8 Nov 2021
  4. Listedprice unknowncompleted8 Nov 2021

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 $358/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

Waikerie in one glance

Waikerie at a glance

2,695

People

$479,500

Median sale

$358/wk

Median rent

3.88%

Suburb gross yield

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

See the full Waikerie report →

Keep researching

  • Why Waikerie? Read the area thesis →
  • What else is on the market in Waikerie →
  • Other records on Vasey Rd →

Listing material

Listed by exp Australia SA

Your Dream Family Home Awaits in the Heart of the Riverland

Set on a generous 4034m² allotment, this immaculate four-bedroom, two-bathroom home offers the kind of space, flexibility and outdoor lifestyle that growing families dream about — backing onto a vineyard, with no rear neighbours in sight.

From the moment you arrive, the home presents beautifully, with a double carport providing convenient access through to the rear yard. Step inside to discover a large open-plan living, dining and kitchen area designed for everyday comfort and effortless entertaining. The brand new chef's kitchen is the heart of the home, featuring an electric wall oven, induction cooktop and dishwasher, complemented by loads of storage and windows overlooking the expansive backyard and sparkling swimming pool beyond.

A cosy wood combustion heater anchors the main living space, which flows through to two additional living areas — offering the flexibility to configure a formal dining room, games room or theatre room to suit your family's needs. An internal office space connects seamlessly through to the open family living areas, providing the perfect spot for working from home or a teenager's study zone, without losing connection to the heart of the home.

Read the full description

Accommodation comprises four bedrooms, all featuring brand new carpet. The master suite includes a walk-in robe and private ensuite, while a central passage leads through to bedrooms two, three and four. The family bathroom is well-appointed with a corner shower, bath and separate toilet for everyday convenience, with a separate laundry adding further practicality. Ducted reverse-cycle air-conditioning ensures comfort throughout the home, every season of the year.

This is a true entertainer's home, and stepping outside is where it really comes alive. Step out to the undercover patio spanning the rear of the home — the perfect spot to make plenty of family memories along the way. A separate space for basketball or other backyard sports adds another layer of family fun, while garden bed edging and a gravel firepit area complete the outdoor picture, perfect for relaxed evenings under the stars.

The standout feature, however, is the in-ground, solar-heated swimming pool, surrounded by paved decking with plenty of room for sun lounges — an oasis for long summer days spent relaxing with family and friends. A well thought out shed offers further versatility, ideal as added space for extra family members or visitors staying over on the weekends, in addition to ample rainwater contributing to the property's everyday self-sufficiency.

Waikerie itself is the perfect backdrop for this lifestyle — a thriving Riverland township with everything you could need close at hand, including schools, shopping, medical facilities, cafés and sporting clubs. With easy access to the Murray River, residents enjoy boating, fishing, water skiing and riverside picnics right on their doorstep, alongside the relaxed pace and genuine community feel that country living is known for. Positioned less than two hours from the Adelaide CBD, it's a town that offers the very best of both worlds — a true tree-change without compromise.

A home built for family living, entertaining and making the most of every season — 189 Vasey Road is ready for its next chapter.

Disclaimer:

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Listing description written by Damien Geyer, exp Australia SA — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 3
  • Toilets: 2
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.