Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Adelaide › Wakefield St
$1,960,000
Last sold
15 Apr 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
296 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
$1,960,000
15 Apr 2026 · derived via latest_sale
Local land rate: recorded House sales in Adelaide (last 5 years) with land size have a median of $6,467/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Adelaide
+70.4%
Median sale
Suburb $1,150,000
-0.84 pp
Gross yield
Suburb 2.03%
Suburb median $1,150,000 from 17 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 $449/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
Adelaide at a glance
22,705
People
$1,150,000
Median sale
$449/wk
Median rent
2.03%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCSold at auction
Trade the pulse of Adelaide's CBD for something far more transportive; a sun-drenched courtyard villa where balconies, French doors and climbing greenery create the quiet illusion of a Mediterranean retreat set behind city walls.
What unfolds within is a dynamic dual-level floorplan that lives with the scale and generosity of a large home yet asks very little in return, wrapping its living zones around a private central courtyard where light, air and greenery become part of the everyday. Upstairs bedrooms retreat to their own peaceful wing, balconies catch leafy city outlooks and the home's inward-facing design ensures the world outside feels a long way away. Instead, you have the world at your feet.
Open the Door to:
- A substantial Torrens Title city residence that feels private, secure and worlds away from the pace outside its gates
- Mediterranean-inspired architecture with rendered walls, timber French doors, wrought-iron balconies and a beautiful inward-facing courtyard design
- A light-filled ground floor where polished timber floors, high ceilings and broad double doors create a wonderfully airy sense of scale
- A large internal paved courtyard that acts as the home's sun-soaked heart, framed by greenery, terraces and upper-level balconies
- Multiple living zones that shift easily from formal to relaxed
- A spacious kitchen and meals zone positioned to spill straight into the courtyard
- Three genuinely large bedrooms, each with strong separation, excellent storage and a connection to light, air or balcony space
- A main bedroom retreat with ensuite, walk-in robe and a privileged position overlooking the central courtyard void
- A flexible second bedroom that could also work beautifully as a sitting room, study retreat or library, complete with a walk-in robe and large north-facing balcony
- A third bedroom with floor-to-ceiling robe and an outlook to the central atrium
- An upper-level gallery and void that draw natural light and fresh air deep into the plan, reinforcing the home's villa-like feel
- A secure side-by-side double garage under the main roof - a rare luxury in this tightly held city pocket
Close the Door on:
- Compromised inner-city living that swaps privacy for proximity. Here, a secure courtyard design keeps the city close but the outside world at arm's length
- Cookie-cutter inner-city homes that could sit in any suburb in any city. This one carries the atmosphere and romance of a Mediterranean courtyard villa
- Homes that feel dark and boxed in when what they should offer is light, air and breathing room. This residence wraps itself around open sky and greenery so every major space inhales natural light
Wakefield Street places you in one of Adelaide's most walkable and rewarding city positions, where the East Parklands, Hutt Street, Central Market and festival-centric East End all sit within an easy wander. Morning coffee, long lunches, gallery stops, dinner reservations and weekend walks through the parklands become part of the everyday here, while the home itself offers something increasingly rare in the CBD: genuine calm and meaningful scale.
Certificate of Title - 5866/656
Council - Adelaide
Zoning - City Living & East Terrace
Year Built - 2001
Land Size - 296m²
Total Build area - 330m²
Council Rates - $3,331.10 per year
SA Water Rates - $1,273.20 per year
Emergency Services Levy - $265.65 per year
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice. Ouwens Casserly Real Estate Pty Ltd partners with third party providers including Realestate.com.au (REA) and Before You Buy Australia Pty Ltd (BYB). If you elect to use the BYB website and service, you are dealing directly with BYB. Ouwens Casserly Real Estate Pty Ltd does not receive any financial benefit from BYB in respect of the service provided. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions in respect of the service provided by BYB. Interested potential purchasers should make their own enquiries as they see fit.
RLA 275403
Listing description written by Damien Willis, OC — 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.