5 Lake Drive, Happy Valley, SA 5159 sold on 01 January 2026 | OnTheHouse
 
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Sold on 01 Jan 2026 for $919,500

5 Lake Drive
Happy Valley SA 5159

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 720m2
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Property Details for 5 Lake Dr, Happy Valley

5 Lake Dr, Happy Valley is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 720m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 4 bedroom House sold in Happy Valley in the last 12 months.

Building Type
House
Land Size
720m2

Last Listing description (January 2026)

Best Offers by 31/12 at 7pm (Unless Sold Prior)

Beautifully positioned in a quiet, family-friendly pocket of Happy Valley, this solid brick home delivers a practical and comfortable lifestyle with room to grow. Set on a generous 720sqm (approx.) allotment and surrounded by leafy reserves, quality schools, and everyday conveniences, 5 Lake Drive offers an ideal blend of space, location, and future potential.

Built in 1972 and offering a flexible 4-bedroom layout, the home is perfectly suited to growing families, upsizers, or buyers seeking a sizeable block with long-term scope. Multiple living zones provide space to relax and come together, while the functional kitchen and dining area connect seamlessly with the outdoors to support easy everyday living.

The expansive backyard provides excellent usability for children, pets, or entertaining, with ample room to extend, renovate, or enhance over time (subject to council consent). With off-street parking, a secure garage, and a practical, well-balanced floorplan, this is a home that pairs immediate comfort with opportunity for the future.

Ideally located moments from Valley Central, local parks, schools, and walking trails, and within easy reach of Westfield Marion, mid-coast beaches, and the Adelaide CBD, this is a well-rounded offering in one of Happy Valley's most convenient pockets.

Lifestyle

• Moments to Glenthorne National Park & Adventure Playground
• Footsteps to bus stop, Fountain Valley Medical Centre & Happy Valley Reservoir
• Zoned for Braeview School & Reynella East College
• 5 minutes to Valley Central Shopping Centre & Woodcroft College
• Less than 30 minutes to both the CBD & McLaren Vale

Rates
 
• Council $1968.68PA
• SA Water $184.08PQ
• ES Levy $99.40PA
• City of Onkaparinga
• Torrens Title
• Built 1972
 
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Property History for 5 Lake Dr, Happy Valley, SA 5159

A timeline of how this property has performed in the market
Last Sold
$919,500
01 Jan 2026
  • 01 Jan 2026
    Sold for $919,500
  • 23 Dec 2025
    Listed for Sale $919.5K
  • 18 Dec 2003
    Sold for $270,000
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About Happy Valley 5159

The size of Happy Valley is approximately 13.1 square kilometres. It has 40 parks covering nearly 11.1% of total area. The population of Happy Valley in 2016 was 11219 people. By 2021 the population was 11420 showing a population growth of 1.8% in the area during that time. The predominant age group in Happy Valley is 60-69 years. Households in Happy Valley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Happy Valley work in a professional occupation.In 2021, 80.70% of the homes in Happy Valley were owner-occupied compared with 79.50% in 2016.

Happy Valley has 4,839 properties. Over the last 5 years, Houses in Happy Valley have seen a 104.49% increase in median value, while Units have seen a 175.21% increase. As at 31 December 2025:

  • The median value for Houses in Happy Valley is $870,049 while the median value for Units is $657,792.
  • Houses have a median rent of $628.
There are currently 9 properties listed for sale, and 2 properties listed for rent in Happy valley on OnTheHouse. According to Cotality's data, 154 properties were sold in the past 12 months in Happy valley.

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