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SA › Burton › Northwater Way

40 Northwater Way, Burton SA 5110

House

$725,000

Last sold

6 Apr 2023

5

Bedrooms

2

Bathrooms

4

Car spaces

600 m²

Land

209 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 $725,000 (6 Apr 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

$725,000

6 Apr 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

-1.2%

Median sale

Suburb $733,500

+0.05 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$725,0006 Apr 2023
  2. Listedprice unknowncompleted27 Mar 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

Come Home to the Good Life!

*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=8hrF4ENyy96

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, Brendon Ly and Edge Realty RLA256385 are proud to present to the market your new spacious family home, nestled in the tranquil and sought-after Springbank Waters community. Impeccable presentation and a modern design with warm neutral tones greet you inside, providing a serene ambience for all who enter. With a generous 360 sqm floor plan, there is plenty of space for you and your loved ones to spread out and make lifelong memories.

Boasting five double bedrooms, an open plan living area, a separate lounge plus a study, there's ample room for everyone to unwind and recharge. Ducted heating and cooling with 6 zones ensure that you'll be comfortable throughout the year, no matter what the weather brings.

The stylish chef's kitchen enjoys views over the spacious open-plan family and meals area and outdoor entertaining ensuring you'll never miss out on the fun. This gourmet oasis is complete with a suite of quality appliances including a 5 burner, 900mm gas cooktop, electric oven, dishwasher, island bench with a breakfast bar plus plenty of storage with the double built-in pantry and overhead cupboards.

From the open plan living space you can step through the sliding doors to the outdoor entertaining area to dine alfresco, entertain in style or simply relax and enjoying the beautiful surroundings with a lovely water feature.

Your safety and security are of utmost importance, and this property offers state-of-the-art intercom, video system and keyless entry. There is additional parking on the expansive horseshoe driveway and a double-car garage with a shopper's entry and drive-through access to the side verandah, you'll never have to worry about where to park your boat or caravan.

This sensational offering sits on a land holding of approximately 600 sqm, providing you with ample indoor and outdoor space for all your activities. Best of all, you won't have to lift a finger - all the hard work has been done for you.

Fantastic features include:

- 3.3kW solar system with the 44c kWh rebate

- 15kW ducted reverse cycle air-conditioning system with 6 zones

- Ceiling fans throughout

- Horse shoe driveway, double garage with an automatic roller door and drive through access

- Master bedroom with a walk-in robe with a safe plus an en-suite with a double vanity, shower and spa bath

- Spacious built-in robes in the four guest bedrooms

- Bathrooms with elegant fixtures plus large vanity sinks with warm above-mirror lighting

- Two separate sheds for additional storage

- Instant gas hot water

- NBN connected

- Plumbed fridge can be included in the sale

This charming home offers the perfect location for families looking to settle down. 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 40-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 Brendon Ly on 0447 888 444 to inspect!

Year Built / Henley Homes - 2007 (approx)

Land Size / 600sqm (approx)

Frontage / 20 m (approx)

Zoning / SN-Suburban Neighbourhood

Local Council / City of Salisbury

Council Rates / $2,078 pa (approx)

Water Rates (excluding Usage) / $660 pa (approx)

Es Levy / $99 pa (approx)

Estimated Rental / $650-$700 pw

Title / Torrens Title 5926/761

Easement(s) / Nil

Encumbrance(s) / To Opthummell Pty. Ltd and Sirda Pty. Ltd - See title

Internal Living / 209.3sqm (approx)

Total Building / 359.8sqm (approx)

Construction / Brick Veneer

Gas / Connected

Sewerage / Mains

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/O62LWY

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
  • Ensuites: 1
  • Indoor Spa
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
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.