5 Lake Dr, Happy Valley is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1972. The property has a land size of 718m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 4 bedroom House sold in Happy Valley in the last 12 months.
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 ofOnkaparinga
Torrens Title
Built1972
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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 4,842 properties. Over the last 5 years, Houses in Happy Valley have seen a 99.20% increase in median value, while Units have seen a 169.34% increase. As at 28 February 2026:
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