Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Mclaren Vale › Wigley Dr
$864,000
Last sold
12 Dec 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
756 m²
Land
158 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
$864,000
12 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Mclaren Vale (last 5 years) with land size have a median of $1,093/m² of land (n=127). Districts calculation from recorded sales — not a valuation.
Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Mclaren Vale
-19.1%
Median sale
Suburb $1,067,500
+0.71 pp
Gross yield
Suburb 3.03%
Suburb median $1,067,500 from 20 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 $621/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
Mclaren Vale at a glance
4,258
People
$1,067,500
Median sale
$621/wk
Median rent
3.03%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact David Hams from Magain Real Estate for all your property advice.
This tastefully updated home is nestled amongst other quality residences in one of the most appealing and tightly held Estates in McLaren Vale and is worth some serious consideration...
Located in the private Serafino or McLarens on the lake Estate, which boasts tree lined streets, and no through roads that make this estate extremely private. It has easy access to the Linear Park walking/bike track that leads directly into the Main street of 'The Vale' that offer a number of fantastic cafes and eateries, medical practices, local shops and so much more.
This property features a double driveway that leads into a single garage accessed via a roller door, with additional off street parking available. There are double gates that provide extra storage for additional vehicles, trailers or perhaps a caravan or boat.
The separate entrance flows through to the L-shape lounge and dining area that comes with a ceiling fan and a slow combustion heater. There are sliding glass doors that lead directly out to the rear outdoor area. The central kitchen has been impressively renovated with a Davis & Park kitchen that offers stainless steel appliances including a large 900mm oven with gas cook top and range hood and a dishwasher. There is good bench and cupboard space including a walk-in pantry and a dual sink that has a lovely outlook via an impressive bi-folding kitchen window that frames a view of the rear yard whilst at the same time connects seamlessly with the outdoor living space, ideal for when entertaining.
Next to the kitchen is a versatile space that could be utilised as a large dining/meals area, or another separate living or family room if needed. There are sling glass doors that lead out to the rear patio from this area of the home too.
This home features four bedrooms, the main is located at the front of the home and comes complete with a walk-in robe, a classy and recently renovated ensuite bathroom and a ceiling fan. Bedrooms 2, 3 and 4 are all located off the rear hallway and all have ceiling fans too. There rear section of this home is serviced by a very neat 3-way designed main bathroom with a feature timber vanity which is also impressive. There is a rear laundry room that has also been tastefully renovated.
At the front of the home is a separate home office or study that could be used as a smaller 5th bedroom if required. This home has the added benefit of having ducted reverse cycle air conditioning throughout, NBN has been connected and a solar panel system has been installed.
Out the back has a large verandah that stretches along the entire rear of the home and overlook the rear yard. There is a nice leafy outlook from this area too. The back yard offers a nice lawn area, with a fantastic veggie garden and a tool/garden shed in the back corner of the yard. The entire yard is very well fenced and feels private, ideal for kids and pets.
The lifestyle that this property and its location can provide is worth some serious consideration. This property could be suited to a wide range of buyers and I am sure an inspection will not disappoint.
For any additional information or assistance, please call David Hams on 0402204841 anytime
All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 222182)
Listing description written by David Hams, Magain Real Estate — reproduced as published, not verified by Districts.