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SA › Gawler South › Fifteenth St

8/3 Fifteenth St, Gawler South SA 5118

For saleTownhouse

$499,000–$520,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

1

Car spaces

113 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $499,000–$520,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $499,000–$520,000(Listing record · 13 July 2026)
  • CalculationAsk is 34% below the Gawler South median recorded sale ($757,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gawler South's advertised median rent ($538/wk), implied gross yield would be 5.61% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$499,000–$520,000

Asking range · $4,416/m² of land

No recorded sale for this property.

Gawler South at a glance

2,707

People

$757,000

Median sale

$538/wk

Median rent

3.70%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Gawler South report →

Vs Gawler South

-34.1%

Median sale

Suburb $757,000

+1.91 pp

Gross yield

Suburb 3.70%

Suburb median $757,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$499,000
Stamp Duty (South Australia)
$21,280
Transfer/Registration Fee
$5,078
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$529,058

$30,058 on top of the price (6.0% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Gawler South's advertised median rent — not a rent for this listing.

Net yield
4.11%
Annual cashflow (pre-tax)
$-5,457
Interest cover (DSCR)
0.79
Annual rent
$27,976
Operating expenses
$7,485
Loan amount
$399,200
Annual interest
$25,948
Gross yield
5.61%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$499,000–$520,000available13 July 2026

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 $538/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

Gross yield if leased at the suburb aggregate is 5.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Gawler South in one glance

Gawler South at a glance

2,707

People

$757,000

Median sale

$538/wk

Median rent

3.70%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Gawler South report →

Keep researching

  • Why Gawler South? Read the area thesis →
  • What else is on the market in Gawler South →
  • Other records on Fifteenth St →

Listing material

Listed by Barker Real Estate

Contemporary Townhouse in Outstanding Location

Set within a well-maintained Community Title development of just 12 residences, this two-story townhouse, built in 2008, offers low-maintenance living in the heart of Gawler South. Ideally positioned within walking distance of the train station and just moments from Gawler's main street, with easy access to Main North Road and the Northern Expressway, the location is perfect for commuters and those seeking everyday convenience. Offering approximately 113sqm of living space, the home features two generous bedrooms and two bathrooms, making it an ideal choice for first home buyers, investors, or those looking to downsize without compromising on comfort.

Property features:

- Freshly painted interiors complemented by new flooring throughout creating a contemporary feel.

Read the full description

- Secure single garage with automatic roller door and convenient integrated laundry nook.

- Inviting front porch and welcoming entry featuring a timber staircase and practical under-stair storage.

- Spacious ground floor master suite complete with built-in robe, split system air conditioning, automatic roller shutters and sliding door access to the private courtyard.

- Well-appointed ensuite with shower, vanity and toilet.

- Light-filled open plan living and dining area that extends effortlessly to a private entertaining balcony.

- Contemporary kitchen featuring an island bench, gas cooktop, electric oven, new dishwasher, double sink, pantry and ample overhead cabinetry.

- Split system air conditioning to the main living area for year-round comfort.

- Versatile upstairs study nook, ideal for working from home or study.

- Well-proportioned second bedroom located upstairs with soft carpeting.

- Central upstairs bathroom complete with shower, vanity, toilet, heat lamp and privacy windows.

- Private, fully fenced, low-maintenance courtyard providing a peaceful outdoor retreat.

- Balcony featuring a combination of timber slat balustrades and corrugated metal screening provides seclusion while allowing natural light and airflow.

- Gas hot water system.

- Land size: 113 sqm (approx.)

- Built: 2008

- CT: 6037/204

- Council: Gawler

- Council rates: $1,860.90 approx. per annum (26/27 financial year)

- Easement: Nil

- Connections: Mains water, sewer, electricity & gas

- Heating & Cooling: Split systems x2 - downstairs in Bedroom 1 and upstairs in Dining/Living

- Estimated rental return: $500 (approx.) per week

- Community/Strata Contribution Fees: $198 approx. per quarter (as at June 2026)

Ready to place an offer? Please head to barkerrealestate.com.au/notice-of-offer-to-purchase and fill in the required information. Alternatively, you may scan the QR code at the end of the property photos or ask the agent for a printed offer form.

All information and images contained within this advertisement have been obtained from sources deemed to be reliable. However, we cannot guarantee this information is accurate. Interested parties should make their own enquiries.

Listing description written by Nicky Barker, Barker Real Estate — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Secure Parking
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.