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SA › Mclaren Vale › South Park Way

7 South Park Way, Mclaren Vale SA 5171

House

$760,000

Last sold

1 Aug 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

853 m²

Land

158 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 $760,000 (1 Aug 2023).(Recorded sale)
  • CalculationLand 853 m² against a 158 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Mclaren Vale (last 5 years) with land size: median $1,106/m² of land (n=127). 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

$760,000

1 Aug 2023 · derived via latest_sale

Local land rate: recorded House sales in Mclaren Vale (last 5 years) with land size have a median of $1,106/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.

See the full Mclaren Vale report →

Vs Mclaren Vale

-28.8%

Median sale

Suburb $1,067,500

+1.22 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 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$760,0001 Aug 2023
  2. Listedprice unknowncompleted25 May 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 $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.

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

Mclaren Vale in one glance

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.

See the full Mclaren Vale report →

Keep researching

  • Why Mclaren Vale? Read the area thesis →
  • What else is on the market in Mclaren Vale →
  • Other records on South Park Way →

Listing material

Listed by Magain Real Estate

SOLD BY DAVID HAMS

Please contact David for all your property advice.

An extremely well presented and maintained home close to a reserve & a short stroll to the Main Street...

This immaculately maintained home is located in a quiet section of McLaren Vale close to fantastic reserve and only a short stroll to the main Street. This property has a lovely feel to it and is worth some serious consideration.

Read the full description

This home has an Australian homestead façade with a return verandah and an easy care front yard that gives an impressive street appeal. There is a single driveway that leads to a side gate that provides drive through capability to the rear yard and direct access into a 5m x 7m garage/workshop.

As you enter the home, you can immediately appreciate that this home has been very well looked after. The separate tiled entry flows through to the spacious formal lounge room boasts an open fireplace and the adjacent dining area is located at the front of the home.

The central kitchen has been tastefully updated and comes with a dishwasher a freestanding oven and stainless steel range hood, good cupboard and bench space including a pantry. The kitchen overlooks the casual meals area that could be used as another sitting room if needed and has sliding door access out to the rear verandah and back yard.

All the bedrooms are located down the hallway that can be closed off if or when required. The main bedroom offers a walk in robe and a private ensuite bathroom. Bedrooms 2 and 3 come with built-in robes and are serviced by a neat conventional bathroom and a separate laundry room that has direct access out to the back yard.

Some additional benefits of this home include ducted air conditioning and a split system air conditioning unit has also been installed. There is the lovely open fire place in the lounge room, NBN has been connected and there are security/privacy shutters around the home.

Out in the the back yard you'll find a lovely verandah/patio area that overlooks the very well established and maintained rear garden. There is a nice lawn and a lovely veggie patch area and the large shed in the back corner of the yard.

This property does present well and has a great overall feel to it that I am sure you will feel if you come for a closer look. The location is amazing, close to a fantastic local park with a playground, tennis courts a large oval area and even a BMX track and half pipe on the other side of the reserve. This location provides easy access to schools in the area, walking/bike tracks that lead directly to main street with a selection of local shops, restaurants and cafes all adding to the amazing lifestyle that comes with living in this tightly held and much sought after suburb.

This property could be ideal for a range of different buyers and an inspection comes highly recommended. For any additional information, or to register your interest, please contact 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.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 1
  • Secure Parking
  • Shed
  • Toilets: 2

Also look at

Also for sale in Mclaren Vale

  • Lot 9 Twentyeight Rd, Mclaren Vale SA 5171

    0-bed rural property. Asking $851K.

    For sale
  • 29 Kangarilla Rd, Mclaren Vale SA 5171

    3-bed house for sale. Asking $795K.

    For sale
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.