Burton at a glance
6,640
People
$733,500
Median sale
$532/wk
Median rent
3.77%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
SA › Burton › Lakeridge Circuit
$885,000
Last sold
28 Aug 2023
5
Bedrooms
3
Bathrooms
5
Car spaces
450 m²
Land
300 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
$885,000
28 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Burton (last 5 years) with land size have a median of $1,159/m² of land (n=100). Districts calculation from recorded sales — not a valuation.
Burton at a glance
6,640
People
$733,500
Median sale
$532/wk
Median rent
3.77%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Burton
+20.7%
Median sale
Suburb $733,500
-0.64 pp
Gross yield
Suburb 3.77%
Suburb median $733,500 from 24 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 $532/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
Burton at a glance
6,640
People
$733,500
Median sale
$532/wk
Median rent
3.77%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia SADiscover the epitome of lavish living in the heart of the sought-after Springbank Waters Estate. Nestled among high-quality homes, this opulent residence at 22 Lakeridge Circuit offers an unparalleled lifestyle that blends sophistication with family-friendly charm.
Embrace Nature: Enjoy native walking trails and serene waterways right at your doorstep. Springbank Plaza, with all its amenities, is just a leisurely stroll away. Public transport and the Northern connector provide seamless access across the entire state.
Grandeur and Elegance: This 2005 AV Jennings built home, held by its original owners for nearly two decades, is now ready to be yours. Spanning over 300sqm of internal living space, this luxurious double-story masterpiece offers the perfect blend of style and functionality.
Versatile Floor Plan: With the potential for 5 bedrooms, 3 bathrooms, and 3 living spaces, this home is designed to accommodate your every need. Downstairs, relish in the spacious internal living, including a rumpus room, dining area, and gourmet kitchen. A study or 5th bedroom greets you on entry, leading to a flexible space that could be your entertainment haven, complete with a pool table space, bar, home theatre, or more.
Gourmet Kitchen: The well-appointed kitchen features stainless steel appliances, gas cooking, an in-wall oven, island bar, walk-in pantry, and ample storage. A convenient separate toilet and washroom cater to your guests.
Tranquil Retreat: Upstairs, discover a haven of tranquillity with 4 private bedrooms, all boasting built-in robes. The grand master bedroom features a luxurious walk-through robe leading to the ensuite. Modern arched windows flood the space with natural light.
Turnkey Elegance: Modern neutral tones and impeccable upkeep make this home move-in ready. New zone ducted reverse cycle air-conditioning ensures year-round comfort, while the 3.5Kw Solar System minimizes quarterly costs.
Outdoor Bliss: Step outside to a spacious pitched pergola, complemented by a wrap-around verandah. Entertain friends and family in style, overlooking lush green gardens. The 450sqm block strikes a perfect balance between outdoor living and low-maintenance ease.
Other exceptional high-quality aspects of this home that we know you will love & appreciate include.
- Low maintenance floating floors
- Direct access into the home from the double garage
- 2.7m high ceilings
- Elegant light fittings throughout
- Quality window fittings with partial and full block out blinds
- Swing gate side access for trailer or small camper
- Large family accommodating laundry space
- Under stair storage or wine cellar
- Stunning sweeping stair case
Don't miss the opportunity to make 22 Lakeridge Circuit your luxurious sanctuary in Springbank Waters. Experience the finest in living, entertaining, and comfort. Enquire now to secure your glimpse into a lifestyle of grandeur and elegance, or we look forward seeing you at our next open inspection to help you make your property dreams become a reality.
RLA 300 185 | 313 173
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify and ensure the accuracy of the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this.
Listing description written by Chris Janzon, exp Australia SA — reproduced as published, not verified by Districts.