Two Wells at a glance
4,692
People
$927,500
Median sale
$656/wk
Median rent
3.68%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
SA › Two Wells › Walter Ave
$1,070,000
Last sold
10 June 2026
4
Bedrooms
2
Bathrooms
6
Car spaces
1,101 m²
Land
236 m²
Building
Districts View
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
$1,070,000
10 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Two Wells (last 5 years) with land size have a median of $720/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Two Wells at a glance
4,692
People
$927,500
Median sale
$656/wk
Median rent
3.68%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Vs Two Wells
+15.4%
Median sale
Suburb $927,500
-0.49 pp
Gross yield
Suburb 3.68%
Suburb median $927,500 from 32 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 $656/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
Two Wells at a glance
4,692
People
$927,500
Median sale
$656/wk
Median rent
3.68%
Suburb gross yield
Median sale from 32 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Gawler EastProudly presented to the market by Bailey Truscott and Skyla White of Ray White Gawler East/Angle Vale, this beautifully presented home at 42 Walter Avenue, Two Wells offers the perfect combination of space, functionality and lifestyle on a desirable corner allotment. From the moment you arrive, the property impresses with its immaculate street presence, featuring very well-manicured and irrigated lawns, exposed aggregate concrete pathways and a practical gravel driveway providing convenient access through a large gate to the backyard and shed. The home is complemented by a secure double garage and ample off-street parking, making it ideal for families needing extra space for vehicles, trailers or recreational equipment.
Stepping inside, you are welcomed by a fresh and modern interior with a neutral colour scheme and fresh paint throughout the entire home. The spacious master bedroom is privately positioned and features soft carpet flooring, a generous walk in robe and a well appointed ensuite, creating the perfect parents' retreat. To the left of the entry, a versatile lounge space offers flexibility as a home office, reading room or quiet sitting area, while an additional storage room provides practicality for everyday family living.
Further into the home, double doors open into a large formal lounge which could easily function as a home theatre, additional living space or even a fifth bedroom if required. Carpet flooring adds comfort and warmth, making it an ideal place to relax and unwind.
The heart of the home is the expansive open plan kitchen, meals and living area designed with both entertaining and everyday living in mind. The kitchen is beautifully appointed with a large island bench, walk in pantry, striking black smoked mirrored splashback and ample storage throughout. Natural light floods the space, enhancing the warm and welcoming feel, while the fireplace adds a cosy focal point during the cooler months.
The remaining three bedrooms are well sized and all include built in robes and carpet flooring, perfectly positioned near the main bathroom which features a neutral colour palette and a separate toilet for added convenience for busy households. The laundry is fitted with tiled flooring and offers direct access to the backyard, adding further functionality to the home.
Stepping outside, the property continues to impress with a covered alfresco area perfect for entertaining family and friends. The backyard has been designed for low maintenance living while still offering plenty of usable space, and the powered shed with concrete flooring provides excellent storage, workshop potential or space for hobbies.
Comfort is ensured year round with ducted reverse cycle heating and cooling, while additional features include bottled gas hot water and an impressive 13.1kW solar system for energy efficiency.
Additionally:
Year Built - 2014 (approx.)
Wall Construction - Rendered Brick
Land Size - 1101m2 (approx.)
Floor Area - 337.8sqm (approx.)
Frontage - 23.5m (approx.)
Solar System - 13.1kw (approx.)
Zoning - N - Neighbourhood
Local Council - Adelaide Plains
Estimated Rental Return - $780.00 - $800.00 p/w
Council Rates - $675.00 qtr. (approx.)
Water Rates (excluding Usage) - $176.00 qtr. (approx.)
Es Levy - $96.00 p/a (approx.)
Easement(s) - Yes
Encumbrance(s) - #12045082 Nissi Properties Pty Ltd
Agreement - #1198504 The District Council of Mallala
Sewerage - Septic
Offering multiple living zones, excellent outdoor space, valuable side access and a large powered shed, this well maintained and thoughtfully designed home delivers a fantastic lifestyle opportunity in the growing community of Two Wells.
Perfect for families, entertainers or those simply seeking extra space, 42 Walter Avenue is a property that truly ticks all the boxes.
Contact Bailey Truscott 0452 267 602 or Skyla White 0472 579 198 of Ray White Gawler East/Angle Vale today.
Want to find out where your property sits within the market? Have one of our multi-award-winning agents come out and provide you with a market update on your home or investment!
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
Ray White Gawler East/Angle Vale
RLA 327 615
Listing description written by Bailey Truscott, Ray White Gawler East — reproduced as published, not verified by Districts.