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SA › Two Wells › William St

23 William St, Two Wells SA 5501

House

$920,000

Last sold

14 Jan 2026

3

Bedrooms

1

Bathrooms

10

Car spaces

1,702 m²

Land

249 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 $920,000 (14 Jan 2026).(Recorded sale)
  • CalculationLand 1,702 m² against a 249 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

$920,000

14 Jan 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

-0.8%

Median sale

Suburb $927,500

+0.03 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: 3100804202

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$920,00014 Jan 2026
  2. Soldprice unknown14 Jan 2026
  3. Listedprice unknowncompleted13 Nov 2025
  4. Listedprice unknowncompleted13 Nov 2025
  5. Listedprice unknowncompleted1 Jan 2001
  6. Listedprice unknowncompleted1 Jan 2001

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 1,685 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 1,685 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 1,685 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 William St →

Listing material

Listed by REAL Agents & Auctioneers

A Flexible Family Home to Suit Your Ever-Changing Needs

Set just a short stroll from the Main Street of Two Wells, this impressive residence sits proudly on a generous allotment in the heart of a thriving and growing community.

With ample parking, surprising size, and a flexible floor plan, this home adapts perfectly to the evolving needs of a modern family - ideal for those seeking space, comfort, and the opportunity to work from home.

The expansive frontage offers plenty of off-street parking, with dual driveways providing excellent access - one side for the caravan or boat, the other leading to the carport. Dual gates open into the rear yard, allowing drive-through access to the sheds, making this an ideal property for tradies or anyone needing secure storage for work vehicles and tools.

Read the full description

Inside, the home has been thoughtfully updated, blending original charm with modern finishes to create a timeless and welcoming ambience.

The main kitchen is a standout feature - offering an abundance of cupboard and bench space, perfect for creating culinary delights the whole family will enjoy. Overlooking the open-plan living area, it ensures the family chef remains part of the conversation.

A second kitchen adds remarkable versatility - ideal for those who work from home, love to entertain, or simply want a true butler's pantry experience. This area, once part of a shop attached to the home, includes a front room that can serve as an additional living area, a man cave, a showroom, or a home office. The utility of this space is exceptional.

The home can be configured in multiple ways - 3 or 4 bedrooms, 2 or 3 living areas, or even a granny flat or teen retreat. The master suite, created by combining two bedrooms, offers generous proportions and a built-in robe, while the remaining bedrooms are equally spacious and accommodating.

A fabulous family room opens through glass sliding doors to the extensive rear entertaining area, providing the perfect place to relax and connect with loved ones.

Step outside and you're greeted by a lush, tropical-inspired oasis - a private sanctuary that soothes the soul and invites you to unwind. The wraparound rear veranda, extending along the western and northern sides, ensures you're covered for entertaining year-round.

Whatever the time of year you will be nicely ensconced in the comfort of your own home with ducted reverse cycle air conditioning so regardless of the season outside your clime will be under control inside.

Solar panels help offset the ever increasing costs of power whilst also reducing your carbon foot print so halping your hip pocket and the planet at the same time!

At the rear, garaging galore awaits, easily accessed via the rear gates. The spacious backyard offers room for pets to play and kids to explore, making this a truly family-friendly space.

Ready to move in and enjoy from day one, this home combines comfort, flexibility, and practicality while offering scope to add value over time. Perfect for growing families, home-based professionals, or tradespeople, it's a rare find in such a convenient and community-minded location.

Lovingly maintained and cherished by its current owners, this home is now ready for its next chapter - and for a new family to make it their own.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

CT: 5795/963

Land Size: 1,702m²

Year Built: 1985

Zone: Neighbourhood

Council: Adelaide Plains

RLA 232366

Listing description written by Dave Stockbridge, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.

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.