Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Mclaren Vale › Wigley Dr
$930,000
Last sold
20 Nov 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
722 m²
Land
194 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
$930,000
20 Nov 2024 · derived via latest_sale
Local land rate: recorded House sales in Mclaren Vale (last 5 years) with land size have a median of $1,093/m² of land (n=127). Districts calculation from recorded sales — not a valuation.
Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Mclaren Vale
-12.9%
Median sale
Suburb $1,067,500
+0.44 pp
Gross yield
Suburb 3.03%
Suburb median $1,067,500 from 20 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 $621/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
Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Coast & VinesSituated in the sought after 'McLarens on The Lake Estate' on the most picturesque street in McLaren Vale, is this lovely 3 bedroom, 2 bathroom family home.
Inside features include north facing open plan kitchen, dining & living which enjoys wonderful natural light, plus second lounge and formal dining room. Decoration and carpets are neutral in colour and combine well with stately slate flooring, a Blackwood kitchen to provide a cosy country McLaren Vale feel. Bedrooms are a great size, the master featuring a walk in robe and ensuite, built-in robe to bedroom 2, and excellent storage throughout. Ducted cooling, gas heating ensure your year round comfort, and a 3kw solar system helps to keep power bills to a minimum.
Outside features include secure double garage which adjoins a substantial north facing gabled pergola, well established gardens, garden shed and an array of fruit trees including Orange, Lemon and Seedless Mandarin. The corner access also allows plenty of room for caravan or boat storage, and there is ample room to build a shed if so desired.
McLaren Vale offers a great combination of country living, but with an easy commute to the Adelaide CBD (approx. 45 minutes by car). Excellent restaurants cafes, and shopping facilities are within walking distance and world class wineries and beaches are just a short commute by car. There are also numerous public & private schools within the district, including the renowned Tatachilla Lutheran College and Waldorf Steiner School.
This property has so much to offer, your inspection is highly recommended!
Listing description written by Corey Michelmore, Harcourts Coast & Vines — reproduced as published, not verified by Districts.