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SA › Tea Tree Gully › Wattle Cres

40 Wattle Cres, Tea Tree Gully SA 5091

House

$605,000

Last sold

28 Apr 2021

4

Bedrooms

2

Bathrooms

1

Car spaces

770 m²

Land

126 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 $605,000 (28 Apr 2021).(Recorded sale)
  • CalculationLand 770 m² against a 126 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Tea Tree Gully (last 5 years) with land size: median $1,139/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$605,000

28 Apr 2021 · derived via latest_sale

Local land rate: recorded House sales in Tea Tree Gully (last 5 years) with land size have a median of $1,139/m² of land (n=45). Districts calculation from recorded sales — not a valuation.

Tea Tree Gully at a glance

3,804

People

$872,500

Median sale

$582/wk

Median rent

3.47%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Tea Tree Gully report →

Vs Tea Tree Gully

-30.7%

Median sale

Suburb $872,500

+1.53 pp

Gross yield

Suburb 3.47%

Suburb median $872,500 from 14 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$605,00028 Apr 2021
  2. Listedprice unknowncompleted1 Apr 2021

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 $582/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

Tea Tree Gully in one glance

Tea Tree Gully at a glance

3,804

People

$872,500

Median sale

$582/wk

Median rent

3.47%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Tea Tree Gully report →

Keep researching

  • Why Tea Tree Gully? Read the area thesis →
  • What else is on the market in Tea Tree Gully →
  • Other records on Wattle Cres →

Listing material

Listed by Smith Partners Real Estate

Wattle it be?

**SORRY, THERE WILL BE NO PRIVATE VIEWINGS PRIOR TO THE FIRST OPEN INSPECTION, THANK YOU FOR UNDERSTANDING**

It will be Wattle Crescent! That's Watt! This home has an abundance of character you will absolutely love.

As you walk through the main entrance, to your left is the sunken lounge room featuring carpet, fireplace with mantle piece, roller shutters and wall feature lights. Step up into the dining room that will lead you to the kitchen which includes induction cook top and oven, dishwasher, microwave provision and a raised bench-top.

Read the full description

Next is the open plan living & dining with floating floors, brick feature walls and a sliding door to the backyard .

The master bedroom boasts a triple mirrored built-in robe, ceiling fan with light, floating floors and has two entrances. All bedrooms and roller shutter with bedroom 2 featuring floating floors and built-in robe, bedroom 3 with carpet and bedroom 4 with a triple mirrored built-in robe and carpet.

There are two bathrooms, one includes a luxurious spa bath, shower & toilet and beautiful frosted patterned glass. The second bathroom has a shower, linen closet, 2in1 heat lamp and separate toilet.

As you step outside you will find a tiled entertaining area with retractable shade awnings. As you walk further down there is a verandah entertaining area as well as a grass area with a garden shed and rotunda.

This is such a great suburb to live in. The vendors especially loved that there weren't any houses behind them so they weren't overlooked. It truly is a remarkable home, ready for its next owners to make it their own!

ENTRY/HALLWAY:

Screen door

Led stained glass

Slate

LIVING & DINING AREA

Carpeted

Fire place with mantel

Wall feature lights

Roller shutters

OPEN PLAN FAMILY & DINING

French door to open plan living

Floating floorboards

Built-in cabinet

Brick feature walls

Sliding door to backyard

KITCHEN:

Sliding door to kitchen

Induction cook-top & oven

Overhead rangehood

Double sink

Microwave provision

Raised bench top

Pantry

MASTER BEDROOM:

Triple mirrored built-in robe

Floating floorboards

Roller shutters

Ceiling fan with light

BEDROOM 2:

Floating floorboards

Roller shutters

Built-in robe

BEDROOM 3:

Roller shutters

Carpeted

Bedroom 4:

Triple mirrored built-in robe

Roller shutters

Carpeted

BATHROOM/S:

Spa bath

Shower & toilet

Stained glass on entry door

Frosted imprinted glass

Roller shutters

2in1 heat lamp

LAUNDRY/SHOWER ROOM:

Shower

Separate toilet

Dryer & washer provision

SECURITY:

Security screens to all external doors

Alarm system

Roller shutters

CLIMATE CONTROL:

Ducted reverse cycle air-conditioning

HOT WATER SYSTEM:

Instant gas hot water system

OUTDOOR ENTERTAINING / LANDSCAPING:

Tiled entertaining area with retractable shade awning

Slate impression concreted verandah entertaining area

Single remote access carport

Side access

Rotunda

Private garden area

Grass area

Garden shed

STORAGE:

Built-in robes

Linen closets

Garden shed

POWER, VISION & INTERNET:

NBN Available

Listing description written by Ryan Smith, Smith Partners Real Estate — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Built-in Robes
  • Dishwasher
  • Fully Fenced
  • Indoor Spa
  • Outdoor Entertaining
  • Remote Garage
  • Reverse Cycle Aircon
  • Secure Parking
  • Shed
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.