5 Drew Street, Two Wells, SA 5501 | Property Value & History | OnTheHouse
OFF MARKET

5 Drew Street
Two Wells SA 5501

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 251m2
Land area: 1777m2
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Property Details for 5 Drew St, Two Wells

5 Drew St, Two Wells is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 2020. The property has a land size of 1777m2 and floor size of 251m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
2020
Floor Size
251m2
Land Size
1777m2
Local Government
Mallala
Lot/Plan
A1/F7269

Last Listing description (June 2019)

Situated in the center of the Two Wells township this unique property has 2 separate zonings, 970m2 is zoned town center (commercial) and 807m2 is zoned residential. Both allotments are on one title. Housing improvement order per Housing Improvment ACT 2016 applies. Rent control set at $55
The existing improvements include a 3 bedroom home, the main bedroom has an ensuite, large lounge, country style eat-in kitchen, family bathroom and an enclosed rear lobby. The home has ducted reverse cycle air conditioning.
Other improvements include a freestanding room, a 6x9 meter shed plus sundry shedding.

With some upgrading and TLC the home may be refurbished and rented out, or you could clear the block and develop it taking advantage of the two different zonings, the town center has a frontage of 18.41 meters and the residential has a frontage of 13.79 meters.
Opportunity knocks with options.

Property History for 5 Drew St, Two Wells, SA 5501

A timeline of how this property has performed in the market
Last Sold
$235,000
14 Jun 2019
  • 14 Jun 2019
    Sold for $235,000
  • 30 Jan 2019
    Listed for Sale $259,500
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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 2016 was 2552 people. By 2021 the population was 3233 showing a population growth of 26.7% in the area during that time. The predominant age group in Two Wells is 30-39 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 2021, 85.00% of the homes in Two Wells were owner-occupied compared with 82.10% in 2016.

Two Wells has 2,427 properties. Over the last 5 years, Houses in Two Wells have seen a 118.09% increase in median value, while Units have seen a -11.09% decrease. As at 30 November 2025:

  • The median value for Houses in Two Wells is $915,567 while the median value for Units is $599,911.
  • Houses have a median rent of $665.
There are currently 8 properties listed for sale, and 3 properties listed for rent in Two wells on OnTheHouse. According to Cotality's data, 191 properties were sold in the past 12 months in Two wells.

Suburb Insights for Two Wells 5501

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.