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 › Magnolia Blvd
$1,250,000
Last sold
23 Sept 2024
4
Bedrooms
2
Bathrooms
9
Car spaces
13,570 m²
Land
272 m²
Building
Districts View
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
$1,250,000
23 Sept 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
+34.8%
Median sale
Suburb $927,500
-0.95 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.
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 Ray White Gawler EastDiscover the perfect blend of modern convenience and luxury in this meticulously designed home, where every detail has been carefully crafted to enhance both comfort and functionality. The property is powered by a robust maximum 64 amp, 3 phase power supply, coupled with fibre optic internet to the home to ensure fast, reliable connectivity. You'll find data points in key areas like the theatre room, living room, bar, master bedroom, office/bedroom, and even the outside TV, keeping you connected no matter where you are.
The property boasts an impressive 17.3kW solar system with three inverters, already battery-ready and feeding 15kW back to the grid. An additional 6.6kW system remains on-site in the shed, offering future expansion. Climate control is effortless with a Daikin 7-zone reverse cycle air conditioning system and energy-efficient downlights installed throughout the home.
The 7m x 5m internal garage provides ample space, and the adjacent mudroom offers versatility, ready to be customized to your needs. Outside, you'll find two 22,500L rainwater tanks feeding the house, with an additional two 30,000L tanks for extra capacity. Two pumps ensure smooth water flow, one delivering to the house tanks and the other feeding the household supply.
Enjoy outdoor living on the expansive 14m x 6m patio, complete with fans in the entertaining area and provisions for a ceiling fan in the alfresco. The hardwired provisions for a spa and gas bayonet for the BBQ make this space perfect for hosting gatherings. Inside, the kitchen is a chef's dream, featuring a 900mm electric oven, 900mm gas cooktop with a wok burner, stone benchtops, soft-close drawers, and a microwave provision under the bench. USB points and power outlets are conveniently placed, including under-bench power and USB ports in the master bedroom.
Relax in the master ensuite with a luxurious bath, mirrored in the family bathroom for added comfort. The home is well-equipped with built-ins in every bedroom, a built-in laundry with additional storage, and day-night roller blinds in all bedrooms. Vertical blinds and secure key-locked, Crimsafe-screened sliding doors offer peace of mind and privacy throughout.
For those needing more space, the shed is a dream, offering its own 3-phase power system, a dedicated master circuit board, high bay lighting, and ample power points including 32 amp, 15 amp, and 10 amp options. With a 21m roof length, 18m interior space, seven roller doors (two with electric remote access), and an eave height of 3.6m, this shed is perfect for any project. The concrete flooring is 100mm thick, ensuring durability for years to come.
The fully fenced and gated property offers dual driveways, dual side access, and a single paddock with double gate access from the house yard. The split-level backyard with a retaining wall creates a stunning landscape, with the second level spanning 12 meters, perfect for outdoor activities.
Additionally:
Year Built - 2020
Wall Construction - Brick
Land Size - 1.357ha (approx)
Floor Area - 272.3sqm (approx)
Frontage - 50.0m (approx)
Solar System - 17.3kW (approx)
Zoning - RUL - Rural Living
Local Council - Adelaide Plains
Estimated Rental Return - $1,000-$1,300 p/w
Council Rates - $928.43 p/q (approx)
Water Rates - $78.60 (excluding usage)
ESLevy - $118.05 - FY 24/25 (approx)
Easement(s) - YES
Encumbrance(s) - YES
Sewerage - Pump Sump Wastewater System
Contact Ross Whiston on 0418 643 770 or Sallyann Vivian on 0419 849 168 to organise your viewing appointment today.
Want to find out where your property sits within the market? Have one of our multi-award-winning agents come out and provide you with a market update on your home or investment!
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
Ray White Gawler East
RLA 327 615
Listing description written by Ross Whiston, Ray White Gawler East — reproduced as published, not verified by Districts.