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SA › West Lakes Shore › The Annie Watt Circuit

32 The Annie Watt Circuit, West Lakes Shore SA 5020

For saleHouse for Sale

$1,145,000–$1,195,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

372 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,145,000–$1,195,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,145,000–$1,195,000(Listing record · 30 July 2026)
  • CalculationAsk is 13% below the West Lakes Shore median recorded sale ($1,321,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at West Lakes Shore's advertised median rent ($579/wk), implied gross yield would be 2.63% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$1,145,000–$1,195,000

Asking range · $3,078/m² of land

No recorded sale for this property.

West Lakes Shore at a glance

3,150

People

$1,321,000

Median sale

$579/wk

Median rent

2.28%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full West Lakes Shore report →

Vs West Lakes Shore

-13.3%

Median sale

Suburb $1,321,000

+0.35 pp

Gross yield

Suburb 2.28%

Suburb median $1,321,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,145,000
Stamp Duty (South Australia)
$56,805
Transfer/Registration Fee
$11,903
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,217,408

$72,408 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with West Lakes Shore's advertised median rent — not a rent for this listing.

Net yield
1.13%
Annual cashflow (pre-tax)
$-46,607
Interest cover (DSCR)
0.22
Annual rent
$30,108
Operating expenses
$17,175
Loan amount
$916,000
Annual interest
$59,540
Gross yield
2.63%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$1,145,000–$1,195,000available30 July 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?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $579/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

Gross yield if leased at the suburb aggregate is 2.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

West Lakes Shore in one glance

West Lakes Shore at a glance

3,150

People

$1,321,000

Median sale

$579/wk

Median rent

2.28%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full West Lakes Shore report →

Keep researching

  • Why West Lakes Shore? Read the area thesis →
  • What else is on the market in West Lakes Shore →
  • Other records on The Annie Watt Circuit →

Listing material

Listed by Crawford Doran

Lakeside Luxe in Prized Circuit

Wonderfully wedged between the sparkling West Lakes water and suburban coastline, this stylish three-bedroom lakeside residence offers everyday escapism surrounded by west Adelaide's most iconic waterways on The Annie Watt Circuit.

Constructed to a high standard in 2010, the fluid floorplan will appeal to a variety of life's stages by placing living and entertaining zones at its centre, and accommodation strategically split into a guest/kids wing and an adult's retreat.

Light and bright, a magazine-worthy kitchen boasts stone benchtops, an island bar and stainless steel appliance including a gas cooktop, with a walk-in pantry keeping your bench spaces neat and tidy.

Read the full description

Enjoy an effortless connection to the dining space or take it alfresco when the sun's shining to dine or entertain outdoors, with low maintenance surrounds keeping your home maintenance to a minimum.

Heads of household will adore the front-facing suite, bathed in morning light and offering twin walk-in robes before a spacious ensuite, while two more bedrooms are fitted with built-in robes and generous windows.

With its separate sink and W/C, the three-way main bathroom configuration is ideal for busy families and entertaining alike.

Daily convenience is completed by a laundry bursting with storage, a double garage, and off-street parking for two more cars.

Easy to care for and even easier to love, this lakeside gem puts lifestyle first in a prized circuit location.

A skip to boutique shopping and everyday convenience at Westfield West Lakes, waterfront cafes, and sprawling suburban beaches from Tennyson to Grange, embrace a laid-back lifestyle and a rewarding next chapter in West Lakes Shore.

Features to note:

• Fluid contemporary open plan living zone

• Luxe kitchen with island bar, stone benchtops, stainless steel appliances including gas cooktop and walk-in pantry

• Main bedroom suite with dual walk-in robes, ensuite with separate W/C and ceiling fan

• Two more carpeted double bedrooms with built-in robes

• Three-way main bathroom with family-friendly bathtub

• Laundry with extensive storage and external access

• Paved entertainer's pergola

• Reverse cycle ducted A/C throughout

• Double garage with roller door and more off-street parking

• Low maintenance agave gardens

Location

• Strolling distance to the shores of West Lakes and Tennyson beaches

• Moments to Westfield West Lakes for endless everyday convenience and boutique shopping

• Take your pick from West Lakes, Grange, or Royal Adelaide Golf Clubs

• Zoned to West Lakes Shore School and Le Fevre High School

• Easy access to bus routes along West Lakes Boulevard and Albert Park Train Station for a breezy CBD commute

• Under 11km to the CBD

Method of Sale:

• For sale by Public Auction which will take place on-site at the property on Saturday 15th August at 1:00PM. The Form 1 document may be inspected at our office three business days prior to auction and at the place of auction 30 minutes before the auction commences.

Price Guide:

• The property is available for purchase through a public auction. In compliance with the vendors' instructions (and current legislation), a specific price guide will not be provided. However, recent sales data can be requested via email and will also be available at open inspections.

Purchaser Portal:

• Our purchaser portal gives you access to all key property documentation, including the Form 1 (Vendor Statement), Form R3 (Buyer Information Notice), and the templated Contract of Sale. Once registered, you'll also be able to complete and submit an offer using our digital offer form. Access the purchaser portal by following the link provided below:

• https://bit.ly/32TheAnnie

For more information:

• Please contact the selling agents directly: Both Davis and Vincent proudly represent Crawford Doran Pty Ltd and welcome any enquiry on this exciting property listing.

Disclaimer:

• Images may have been digitally altered for marketing purposes, including the removal of existing furniture and/or the addition of virtual furnishings. The property is currently tenanted, and purchasers should rely on their own inspection of the property.

• While we have made every effort to ensure the accuracy and completeness of the information presented in our marketing materials, we cannot guarantee the accuracy of information provided by our vendors. Accordingly, Crawford Doran Pty Ltd disclaims any statements, representations, or warranties regarding the accuracy of this information and assumes no legal liability in this regard. We encourage interested parties to conduct their own due diligence when considering the purchase of any property. Please note that all photographs, maps, and images are for marketing purposes only, and should be used only as a guide.

RLA 336264

Listing description written by Davis Pickering, Crawford Doran — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Living Areas: 1
  • Secure Parking
  • Toilets: 2

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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.