SOLD
Sold on 15 May 2024 for $1,550,000

Old Port Wakefield Road
Two Wells SA 5501

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 78110m2
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Property Details for Lot 317 Old Port Wakefield Rd, Two Wells

Building Type
Rural
Land Size
78110m2
Local Government
Mallala
Lot/Plan
A317/F174784

Last Listing description (May 2024)

Situated in close to proximity to the Two Wells township this prime 7.811 hectare - 19.29 acre property has frontage to both Old Port Wakefield Highway and the main Port Wakefield Highway.
The property has mains water and electricity passing the front of the property.
The property is zoned Rural Living/Primary production.

Council Rates $1282.25 per annum - Adelaide Plains Council
This is an excellent opportunity to purchase a large vacant parcel of land in a rapidly growing area.

Property History for Lot 317 Old Port Wakefield Rd, Two Wells, SA 5501

A timeline of how this property has performed in the market
Last Sold
$1,550,000
15 May 2024
  • 15 May 2024
    Sold for $1,550,000
  • 02 Jan 2024
    Listed for Sale Contact Agent
  • 29 Oct 2020
    Sold for $400,000
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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 2,326 properties. Over the last 5 years, Houses in Two Wells have seen a 101.62% increase in median value, while Units have seen a -11.09% decrease. As at 30 September 2024:

  • The median value for Houses in Two Wells is $856,285 while the median value for Units is $650,916.
  • Houses have a median rent of $643.
There are currently 16 properties listed for sale, and 5 properties listed for rent in Two wells on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Two wells.

Suburb Insights for Two Wells 5501

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Raine & Horne Two Wells
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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.