OFF MARKET

20 Artesian Road
Two Wells SA 5501

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 94m2
Land area: 8097m2
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Property Details for 20 Artesian Rd, Two Wells

20 Artesian Rd, Two Wells is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 8097m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1960
Floor Size
94m2
Land Size
8097m2
Local Government
Mallala
Lot/Plan
A101/D17508

Last Listing description (November 2022)

For those seeking comfort, serenity, and something a little different this is the property that offers all that and more. Substantial offering of over 8,000 sqm (approx.). The property is a rare composite of land that sits outside of the flood plains, properties like this will become increasingly rare and expected to continue to increase substantially in value.

Whether you're looking for a family home with a secondary income stream, a long term investment with a strong investment yield, or the option of building that dream home along with all the space you could need, then this rare and unique property is the one for you.

Front dwelling comprises three spacious bedrooms, large family room, updated kitchen combined with a meals area, updated bathroom and a separate laundry. Recently installed concrete septic system and soakage allowing for future family growth. Mostly original home, with a little TLC the opportunity to recreate a dream home is a reality.

Rear dwelling is a one-bedroom place with a large living area, original kitchen, and main central bathroom.

Rear dwelling, currently tenanted at $350 per fortnight on a Periodic lease.
Front dwelling, potential rental income of $640 per fortnight.

What we LOVE about this property:

Over 2 Acres (approx) of prime real estate
Two dwellings on the property (one currently tenanted)
Multiple sheds
New extra large septic system & grey water
Structurally sound stables or chook shed
36 Olive trees
4 minute drive to the Two Wells township
7 min drive to Virginia Shopping Centre
Near by schools, Two Wells primary school & Xavier College

This is an opportunity not to be missed as these rare properties don't come up often. Take advantage of the opportunity and secure this gem today.

Property History for 20 Artesian Rd, Two Wells, SA 5501

A timeline of how this property has performed in the market
Last Sold
$570,000
02 Dec 2022
  • 02 Dec 2022
    Sold for $570,000
  • 25 Oct 2022
    Listed for Sale $599,000
  • 17 Feb 2020
    Transferred
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About Two Wells 5501

The size of Two Wells is approximately 43.7 square kilometres. It has 8 parks covering nearly 0.7% of total area. The population of Two Wells in 2011 was 2,293 people. By 2016 the population was 2,536 showing a population growth of 10.6% in the area during that time. The predominant age group in Two Wells is 40-49 years. Households in Two Wells are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Two Wells work in a trades occupation. In 2011, 82.6% of the homes in Two Wells were owner-occupied compared with 82.1% in 2016.

Two Wells has 2,328 properties. Over the last 5 years, Houses in Two Wells have seen a 94.77% increase in median value, while Units have seen a -11.09% decrease. As at 31 October 2024:

  • The median value for Houses in Two Wells is $851,999 while the median value for Units is $640,171.
  • Houses have a median rent of $620.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Two wells on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Two wells.

Suburb Insights for Two Wells 5501

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.