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 › Matson Ct
$1,399,000
For sale
Asking
$1,281,000
Last sold
1 Mar 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
647 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
Asking
$1,399,000
Asking · $2,162/m² of land
Last recorded sale $1,281,000 (1 Mar 2025).
Local land rate: recorded House sales in West Lakes (last 5 years) with land size have a median of $2,549/m² of land (n=52). 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.
Vs West Lakes
+7.6%
Median sale
Suburb $1,300,000
-0.17 pp
Gross yield
Suburb 2.40%
Suburb median $1,300,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$89,003 on top of the price (6.4% extra)
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.
Pre-filled with West Lakes's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 2.2%. 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
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 SalisburyRay White Salisbury Proudly Presents 2 Matson Court West Lakes
THE LOCATION
Positioned in one of West Lakes' most sought-after pockets, this beautifully maintained family home offers the perfect combination of spacious living, relaxed entertaining and an enviable lifestyle. Set on a generous 647sqm (approx.) corner allotment on prestigious Delfin Island, this solid residence, built in 1983, is ideal for growing families, savvy investors and developers alike.
Enjoy morning walks around the picturesque lake, weekends at nearby beaches, or explore the cafés, restaurants and shopping at Westfield West Lakes. Families will appreciate the proximity to quality public and private schools, while commuters will love the convenient access to public transport and the Adelaide CBD. Offering the perfect balance of waterfront living and everyday convenience, West Lakes remains one of Adelaide's premier lifestyle destinations.
THE RESIDENCE
Set on a generous 647sqm (approx.) corner allotment, this property presents an exceptional opportunity with subdivision approval already granted for two allotments. Allotment 101 is a total of 332m2 and Allotment 102 is 323m2. Skip the time, cost and uncertainty of the planning process and take advantage of an approved development opportunity in one of Adelaide's most tightly held suburbs.
Whether you choose to enjoy the home as it is, renovate, invest, or proceed with the approved subdivision, this property offers outstanding flexibility and future value.
Stepping inside, you'll immediately appreciate the sense of space created by the soaring raked ceilings with exposed timber beams in the light-filled formal lounge. Flowing effortlessly through to the open-plan family and dining area, complete with a built-in timber bar, this welcoming space opens directly onto the outdoor entertaining area, creating seamless indoor-outdoor living.
The well-appointed timber kitchen offers ample cupboard and bench space, electric cooking, a dishwasher, tiled splashback and a large window overlooking the backyard and swimming pool.
Accommodation comprises four generous bedrooms, all with built-in robes. The spacious master suite features a walk-in robe and private ensuite, while the remaining bedrooms are serviced by a centrally located family bathroom with separate bath, shower and toilet.
Year-round comfort is provided by ducted reverse-cycle air conditioning throughout.
Outside, the home continues to impress with a spacious undercover entertaining area overlooking beautifully established gardens and a sparkling solar-heated in-ground swimming pool. A double garage with drive-through access and additional off-street parking completes this outstanding offering.
FEATURES
• Built in 1983
• Garden shed
• Established gardens
• Four generous bedrooms
• Additional off-street parking
• Built-in robes to all bedrooms
• 647sqm (approx.) corner allotment
• Large undercover entertaining area
• Ducted reverse-cycle air conditioning
• Solar-heated in-ground swimming pool
• Double garage with drive-through access
• Master suite with walk-in robe and ensuite
• Timber kitchen with dishwasher and generous storage
• Spacious family and dining area with built-in timber bar
• Subdivision approval already granted for two allotments
• Formal lounge with soaring raked ceilings and exposed timber beams
• Outstanding opportunity for developers, investors or owner-occupiers
Properties offering an established family home with subdivision approval already in place for two allotments are exceptionally rare. Whether you're looking to secure your family's future, renovate, develop immediately, or landbank in one of Adelaide's premier western suburbs, this is an opportunity not to be missed.
For all enquiries, please contact Tanya Page.
Regarding price, the property is being offered to the market by way of Auction. Recent comparable sales are available upon request via email or at the open inspection.
Disclaimer: Every care has been taken to verify the accuracy of the information contained in this advertisement. However, neither the vendor nor the agent accepts responsibility for any errors or omissions. Prospective purchasers should make their own enquiries and rely on their own investigations. All inclusions and exclusions are subject to the Contract of Sale. Photos are for illustration purposes only.
Listing description written by Tanya Page, Ray White Salisbury — 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.