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 › Walter Ave
$900,000
Last sold
28 Oct 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
1,207 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
Last sold
$900,000
28 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Two Wells (last 5 years) with land size have a median of $720/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
-3.0%
Median sale
Suburb $927,500
+0.11 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
UnknownArea
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 EastFor those craving more space, more light, and more lifestyle, this home delivers it all in one smart move Four bedrooms, light-filled open plan living, and an alfresco that's made for every season with jarrah decking, reclaimed pine roof, combustion heating, and a huge 18kW solar system, this home delivers comfort and efficiency in one. Add in side access, a large shed, and even a chook house, and you've found the ultimate family package. Ross Whiston welcomes you to 22 Walter Avenue, Two Wells!
Discover a floorplan that immediately makes sense, with the master suite privately positioned at the front, complete with walk-in robe and ensuite offering a quiet corner just for you. Three additional bedrooms are well-sized, giving every family member their own private space, and conveniently serviced by the main bathroom and separate toilet to make mornings run smoother.
The heart of the home is open plan, light-filled and practical. Whether it's busy weekday breakfasts or relaxed family dinners, the kitchen's stone benchtops and generous island make cooking and conversation flow together. From here, the dining and living area spill naturally out to what may become your family's favourite place - the outdoor entertaining zone.
This alfresco is something special: jarrah decking under a reclaimed pine roof, with warm LED lighting setting the scene for everything from summer barbecues to winter nights by the combustion heater. It's not just an outdoor space, it's an all-seasons family living room.
Outside, there's room for hobbies and play. A huge shed and side access mean the toys, tools, and weekend projects all have their place. The chook house adds a touch of country charm (and fresh eggs for breakfast), while the 18kW (approx.) solar system helps keep energy bills in check - a smart move for the future.
Additionally:
Year Built - 2016 (approx.)
Land Size - 1,207msq (approx.)
Floor Area - 176sqm (approx.)
Zoning - N - Neighbourhood
Local Council - Adelaide Plains
Estimated Rental Return - $730-$750 per week (approx.)
Council Rates - $663.85 p/q (approx.)
Water Rates (supply only excluding usage) - $82.30 p/q (approx.)
ESLevy - $89.75 p/a (approx.)
Easement(s) - No
Encumbrance(s) #11329158 Agreement Under Development Act, 1993 Pursuant to Section 57(2) & #12474147 Encumbrance to Nissi Properties Pty Ltd (ACN: 125 617 656)
Sewerage - Septic
Ticking this many boxes means it won't be around for long! Call Ross Whiston on 0418 643 770 for further information 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.
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.