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SA › Two Wells › Elizabeth St

21 Elizabeth St, Two Wells SA 5501

House

$730,000

Last sold

22 May 2026

4

Bedrooms

1

Bathrooms

1

Car spaces

1,014 m²

Land

115 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $730,000 (22 May 2026).(Recorded sale)
  • CalculationLand 1,014 m² against a 115 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Two Wells (last 5 years) with land size: median $725/m² of land (n=57). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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.
  • FactZoned Neighbourhood (N) under the Planning and Design Code.(Location SA · 31 Aug 2026)

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. 1No 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

What this lot has actually traded at

Last sold

$730,000

22 May 2026 · 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.

See the full Two Wells report →

Vs Two Wells

-21.3%

Median sale

Suburb $927,500

+0.99 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 and development

Planning scheme

Planning and Design Code

Zone

Neighbourhood

N

Jurisdiction

Adelaide Plains

Adelaide Plains, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 3100841003

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. Sold$730,00022 May 2026
  2. Listedprice unknowncompleted12 May 2026
  3. Listedprice unknowncompleted12 May 2026

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?

Confidence: low

Zoned Neighbourhood (Planning and Design Code). Official parcel area about 1,043 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $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.

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

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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownlow

    Zoned Neighbourhood (Planning and Design Code). Official parcel area about 1,043 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 1,043 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Two Wells in one glance

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.

See the full Two Wells report →

Keep researching

  • Why Two Wells? Read the area thesis →
  • What else is on the market in Two Wells →
  • Other records on Elizabeth St →

Listing material

Listed by Ray White Barossa Valley / Two Wells

Exceptional and complete on Elizabeth Street!

Welcome to 21 Elizabeth Street, Two Wells, a contemporary and inviting home designed for effortless modern living. Stepping inside, you are welcomed by a light-filled, open-plan living, dining, and kitchen area, beautifully grounded by warm timber-look flooring and crisp white walls. The bright, well-appointed kitchen serves as the true heart of the home, offering ample bench and cabinetry space for everyday convenience. Showcasing a highly practical floorplan, all three bedrooms are peacefully tucked away down a dedicated hallway, perfectly centralized around the main family bathroom. Whether you are a first home buyer looking to enter the market or an astute investor seeking a smart addition to your portfolio, this exceptional property is an opportunity not to be missed.

Step outside to a shaded verandah, the perfect spot to enjoy the shade, fresh breeze or your morning coffee. The immediate backyard is designed for low-maintenance living, featuring easy-care landscaping alongside excellent storage options, including two garden sheds and a dedicated 2m x 4.2m storage area. A major property highlight is the air-conditioned 4m x 4.2m retreat / re-fitted shed, an ideal teenager's haven, fourth bedroom, or games room, featuring a patio seated area. Beyond a charming picket fence, the grounds open up to a spacious lawn and mature trees, offering a fantastic blank canvas to create your ultimate outdoor oasis.

Set within the growing community of Two Wells, you'll enjoy rural charm with everyday convenience, including nearby schools, shops, sporting facilities and easy access to Adelaide via the Northern Expressway. This property will be going to Auction unless SOLD prior, to register your interest please phone Jamie Wood on 0403 592 500 or Apec Erijok on 0426 164 114

Read the full description

Features You'll Love:

• Low-maintenance front garden featuring a single carport and a welcoming porch, perfect for relaxed seating.

• A light-filled, open-plan living and dining area with warm timber-look flooring and crisp neutral walls, an inviting space to gather with family and friends.

• Bright and well-appointed kitchen offering ample bench and cabinetry space, quality appliances, and a gorgeous marble splashback.

• Three bedrooms peacefully tucked down a central hallway, all equipped with ceiling fans. The master features a mirrored built-in robe for a true move-in-ready feel.

• Conveniently located main family bathroom complete with a shower, toilet, and single vanity.

• Upgraded laundry space providing excellent cabinetry, ample bench space, and a sink for everyday convenience.

• Shaded outdoor verandah overlooking a low-maintenance backyard, tastefully landscaped with gravel and structured garden beds.

• An incredible bonus space featuring its own patio, split-system air conditioning, and endless potential as a fourth bedroom, home office, or games room.

• Separated by a charming picket fence, the yard expands into a spacious lawn area with mature trees, ready for you to bring your ultimate outdoor dreams to life.

Location Highlights

• Country township with convenient access to shopping facilities, dining options, healthcare services and quality schooling.

• Approximately 40-45 minute drive to Adelaide's CBD via the Northern Expressway, making city commuting and weekend trips easy and accessible.

• Active local community supported by sporting groups, recreation reserves and welcoming neighbourhood.

• Expanding region benefiting from ongoing development, enhancing infrastructure and future appeal.

• Ideal balance of open space and modern convenience, delivering relaxed living without sacrificing accessibility.

Specifications:

• Built - 1986

• House - 115m2 (approx.)

• Land - 1,014m2 (approx.)

• Frontage - 21m (approx.)

• Zoned - N - Neighbourhood

• Council - ADELAIDE PLAINS

• Rates - $1,760 annually (approx.)

• Hotwater - Electric

• Easement - N/A

• Mains Water - Yes

• Rainwater - Yes (5,000L)

• Mains Electricity - Yes

• Solar - Yes (4.4kwh)

• Gas - N/A

• Sewerage - Septic

• NBN Available - FTTP

• Heating - Reverse Cycle Ducted

• Cooling - Reverse Cycle Ducted

The safety of our clients, staff and the community is extremely important to us, so we have implemented strict hygiene policies at all our properties. We welcome your inquiry and look forward to hearing from you.

RLA 345285

*Disclaimer: Neither the Agent nor the Vendor accept any liability for any error or omission in this advertisement. All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement.

Listing description written by Jamie Wood, Ray White Barossa Valley / Two Wells — reproduced as published, not verified by Districts.

Property features

  • Ducted Cooling
  • Ducted Heating
  • Rumpus Room
  • Secure Parking
  • Solar Panels
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.