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 › Gretel Grove
5
Bedrooms
2
Bathrooms
3
Car spaces
750 m²
Land
410 m²
Building
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in West Lakes (last 5 years) with land size have a median of $2,536/m² of land (n=53). 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.
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 GrangeIncredibly positioned in this coveted coastal pocket where waterfront walks lie right outside your door, the soft sands of Semaphore Beach are a stone's throw, and vibrant shopping hubs buzz at arm's reach, 2 Gretel Grove captures a sweeping 750sqm property on a whisper-quiet residents' only cul-de-sac in what is a breathtaking opportunity primed with potential.
Lovingly maintained for over three decades, this spacious family haven reveals wonderful lifestyle adaptability as it meanders across a remarkable 2-storey, 3-living, 5-bedroom footprint. With all the charm of its c.1980's footings inviting easy updating to bring this delightful home into more modern alignment, savour exceptional space and scope to entertain or unwind to your heart's content.
From the ground floor formal lounge at entry that steps up to a lovely dining, the open and airy kitchen and casual meals zone letting you cook with company each and every night, handy rumpus that extends straight out to a huge outdoor entertaining area - there's as much to love here as there is to make stellar use of. Superb sleeping quarters are well-worth grasping too, with 3 bright and airy upstairs bedrooms enjoying their own retreat and light-filled sunroom, perfect for giving the kids their own place to rule and roost, as well as a most generous ground floor master and final 5th bedroom for no end to the practicality and purpose.
Together with two bathrooms - one upstairs and one down - an array of split-system AC units throughout, solar system, handy outdoor sheds including kitchenette, and a sunbathed backyard with ready-laid veggie gardens enticing your green thumb… this big block beauty is packed with surprises. Meanwhile, securing such an impressive lakeside parcel with the options to one day renovate, redesign or rebuild from the ground up (STCC) is an opportunity too good to let slip through your fingers!
FEATURES WE LOVE
• Beautifully maintained and hugely spacious solid brick property delivering incredible living potential for established families, easy update and refurbing, as well as exciting renovation and redesign potential on a sweeping 750sqm (approx.) parcel (subject to council conditions)
• Great entertaining options with a large formal lounge and dining, light-filled casual meals and kitchen, as well as a generous rumpus room
• Excellent foodie's zone letting you socialise as you serve, great bench top space, abundant cabinetry and cupboards, and 900mm stainless oven and gas stove top for easy cooking
• Lofty upstairs retreat with charming rafted ceilings and solid timber floors, and delightful sunroom for no shortage of space for the kids to play
• 3 upstairs bedrooms, 2 with BIRs, as well as neat and tidy original bathroom
• Large ground floor master bedroom
• Handy 5th bedroom, home office or study
• Combined laundry and second bathroom adding great family convenience
• An array of AC units throughout, along with bill-busting solar panels
• Huge outdoor entertaining area and carport wrapping around to the sunny backyard featuring long stretch of lawn and established vegetable gardens perfect for growing your own produce
LOCATION
• Incredible lakeside positioning puts waterfront walks and leafy, family-friendly parks and playgrounds right outside your door
• Around the corner from Alberton Primary, and moments to Le Fevre High School or Mount Carmel College
• Minutes to Port Adelaide Plaza and the vibrant St Vincent Street for all your shopping essentials, café and restaurant options, and a quick 5-minutes the bustling Westfield West Lakes for all your brand name outlets, department store needs and weekend entertainment
• A touch over 3km to the soft sands of Semaphore Beach for a superb summer lifestyle
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | CHARLES STURT
Zone | WN - Waterfront Neighbourhood
Land | 750sqm(Approx.)
House | 410sqm(Approx.)
Built | 1983
Council Rates | $1,822.25pa
Water | $TBC pq
ESL | $422.40pa
Listing description written by Tristian Kennedy, Ray White Grange — 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.