Two Wells at a glance
4,692
People
$927,500
Median sale
$656/wk
Median rent
3.68%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
SA › Two Wells › Elizabeth St
$480,000
Last sold
10 Jan 2024
3
Bedrooms
1
Bathrooms
0
Car spaces
1,012 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
$480,000
10 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Two Wells (last 5 years) with land size have a median of $725/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Two Wells at a glance
4,692
People
$927,500
Median sale
$656/wk
Median rent
3.68%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Two Wells
-48.2%
Median sale
Suburb $927,500
+3.43 pp
Gross yield
Suburb 3.68%
Suburb median $927,500 from 32 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 $656/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Two Wells at a glance
4,692
People
$927,500
Median sale
$656/wk
Median rent
3.68%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Two WellsPrice Guide $475,000
Situated on a fantastic 1012m2 allotment this immaculate timber framed home presents fresh as a daisy & is ready to move in & enjoy immediately.
With new floor coverings & painted throughout.
The home features:
• 3 spacious bedrooms the master has built-in robes, ensuite & feature bay window, bedrooms 2 & 3 have provision for robes
• Large bright open plan living dine with split system reverse cycle air conditioning
• Spacious kitchen with dishwasher, pantry & plenty of bench & cupboard space including an island bench
• 3 way family bathroom with separate vanity & toilet
• Laundry
• Raked ceilings
• Full length side patio/verandah
• 6x9 metre steel framed shed with concrete floors, light & power
• 15,000 litre rain water tank plumbed to house
• Fully fenced with great access to enable the block to be utilised to it fullest potential
This property will suit 1st home buyers, investors or retirees, it is in a great location within walking distance to the Two Wells township & facilities& certainly within easy commuting distance to the suburbs of Adelaide
Zone- Residential/Neighbourhood
Council Rates - $1503.50
Water Rates - $74.20 - plus usage
ESL - $80 P/A approx
Land Size 1012m2
Listing description written by Neil Bowden, Raine & Horne Two Wells — reproduced as published, not verified by Districts.