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SA › Burton › Northwater Way

38 Northwater Way, Burton SA 5110

House

$685,000

Last sold

24 Oct 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

450 m²

Land

169 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 $685,000 (24 Oct 2023).(Recorded sale)
  • CalculationRecorded House sales in Burton (last 5 years) with land size: median $1,159/m² of land (n=100). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$685,000

24 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Burton (last 5 years) with land size have a median of $1,159/m² of land (n=100). Districts calculation from recorded sales — not a valuation.

Burton at a glance

6,640

People

$733,500

Median sale

$532/wk

Median rent

3.77%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Burton report →

Vs Burton

-6.6%

Median sale

Suburb $733,500

+0.27 pp

Gross yield

Suburb 3.77%

Suburb median $733,500 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$685,00024 Oct 2023
  2. Listedprice unknowncompleted14 Aug 2023

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 $532/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.

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

Burton in one glance

Burton at a glance

6,640

People

$733,500

Median sale

$532/wk

Median rent

3.77%

Suburb gross yield

Median sale from 24 recorded sales (last 12 months) — a Districts calculation.

See the full Burton report →

Keep researching

  • Why Burton? Read the area thesis →
  • What else is on the market in Burton →
  • Other records on Northwater Way →

Listing material

Listed by Edge Realty

Impressive Family Home!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*

Virtual Tour Link: https://my.matterport.com/show/?m=r5Fn8JZxs4A

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Read the full description

Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market this amazing property that meshes high performance with rest and relaxation. Featuring four bedrooms, two bathrooms and multiple living spaces, this house is perfect for homeowners that want a spacious home to come back to as well as those who love to kick back and entertain guests. The property is currently tenanted with a periodic lease of $600 per week.

From the moment the front door opens, you will be struck by the abundance of soft natural light that floods the layout, inviting you to step inside and relax with ducted reverse cycle air-conditioning for year round comfort. There are four good-size bedrooms, with the master suite set at the front for added privacy and boasting a bay window, walk-in robe and en-suite. The three guest bedrooms are set to one side along with a central bathroom with a shower, bath, vanity and separate toilet to accommodate busy households.

The generous proportions continue into the light-filled living areas with a large separate lounge room with a ceiling fan and comfortable carpet flooring underfoot creating a snug atmosphere. From here you can step into the open-plan family, meals and kitchen area with floating floors, down lights and ceiling fans. The well-equipped kitchen has plenty of bench and storage space, a walk-in pantry and quality appliances including a gas cook top, electric oven and dual drawer dishwasher on offer while easy access to the dining room and outdoor entertaining area will make hosting loved ones a breeze.

You can dine alfresco, kick back and relax outside underneath the large pitched roof verandah surrounded by lush gardens and a shed for additional storage. Completing the floorplan is a double carport with dual automatic roller doors and an internal laundry with storage and external access.

Fantastic property features include

- Solar system for the eco-conscious

- Ducted reverse cycle air-conditioning and ceiling fans throughout

- Kitchen with gas cooktop, electric oven and dual drawer dishwasher

- Double driveway and double carport with automatic roller doors

- Security doors for added peace of mind

This fantastic home offers the perfect location for families looking to settle down within the sought-after Springbank Waters community. Just minutes away from Burton Primary School, Kaurna Park Wetlands, and Springbank Plaza Shopping Centre, convenience and countless entertainment options are right at your doorstep. With a 35-minute drive (approx) to the Adelaide CBD, you'll enjoy the tranquillity of suburban living without sacrificing accessibility to city amenities.

Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!

Year Built / 2005 (approx)

Land Size / 450sqm (approx)

Frontage / 15m (approx)

Zoning / SN-Suburban Neighbourhood

Local Council / City of Salisbury

Council Rates / $1,515.70 pa (approx)

Water Rates (excluding Usage) / $614.80 pa (approx)

Es Levy / $118.75 pa (approx)

Current Rental / Periodic lease of $600pw

Estimated Rental / $600-$660pw

Title / Torrens Title 5926/760

Easements / Nil

Encumbrance / To Opthummell Pty. Ltd & Sirda Pty. Ltd - See title

Internal Living / 169.3sqm (approx)

Total Building / 240.6sqm (approx)

Construction / Brick Veneer

Gas / Connected

Sewerage / Mains

Selling Investment

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/YjFVmp

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Outdoor Entertaining
  • Remote Garage
  • Shed
  • Solar Panels
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.