Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Kingscote › Wheelton St

40 Wheelton St, Kingscote SA 5223

House

$420,000

Last sold

11 Sept 2024

3

Bedrooms

1

Bathrooms

3

Car spaces

981 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $420,000 (11 Sept 2024).(Recorded sale)
  • FactLand 981 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Kingscote (last 5 years) with land size: median $482/m² of land (n=78). 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

$420,000

11 Sept 2024 · derived via latest_sale

Local land rate: recorded House sales in Kingscote (last 5 years) with land size have a median of $482/m² of land (n=78). Districts calculation from recorded sales — not a valuation.

Kingscote at a glance

2,056

People

$512,500

Median sale

$386/wk

Median rent

3.92%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Kingscote report →

Vs Kingscote

-18.0%

Median sale

Suburb $512,500

+0.86 pp

Gross yield

Suburb 3.92%

Suburb median $512,500 from 33 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$420,00011 Sept 2024
  2. Listedprice unknowncompleted31 July 2024

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 $386/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

Kingscote in one glance

Kingscote at a glance

2,056

People

$512,500

Median sale

$386/wk

Median rent

3.92%

Suburb gross yield

Median sale from 33 recorded sales (last 12 months) — a Districts calculation.

See the full Kingscote report →

Keep researching

  • Why Kingscote? Read the area thesis →
  • What else is on the market in Kingscote →
  • Other records on Wheelton St →

Listing material

Listed by Century 21 Kangaroo Island

Charming Family Home with Endless Potential

Positioned in a sought-after location, this well-maintained family home offers a rare opportunity for a new chapter. Combining classic charm with modern updates, this property promises comfortable living in a prime position.

Inside, the traditional floor plan features an updated kitchen and dining area that seamlessly blend functionality and style. The formal dining room provides an elegant space for family gatherings, while the lounge area is complemented by a reverse cycle split system air conditioner, ensuring comfort throughout the year. Three spacious bedrooms provide ample space for family living, each designed with comfort in mind. The well-maintained bathroom adds to the home's appeal, offering a serene space to unwind.

Property Features:

Read the full description

- Timber floorboards throughout the home, adding warmth and character

- 2.7m ceilings enhance the sense of space, while original sash windows allow natural light to flood in

- Blinds on all bedroom windows for privacy and light control

- Ceiling fan in the master bedroom for added comfort

- Connected to mains water and power, ensuring convenience

Situated on a generous corner allotment, the property boasts a central position near the main street, recreational grounds, kindergarten, and school. This prime location ensures that all essential amenities are within easy reach, making it perfect for families.

Inspections are welcomed, contact local agents Lili Barrett 0459 393 514 or Michael Barrett 0427 727 333 to arrange a viewing. Whether you're looking for a family residence or an investment opportunity, this property offers endless possibilities.

Listing description written by Michael Barrett, Century 21 Kangaroo Island — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.