Two Wells, SA 5501
Two Wells property market
Two Wells is almost entirely a house sales market, with 105 sales (sharply up 22.1%) at around $925k (up 7.8%) as of July 2026, taking about 20 days to sell (down a lot from 30 days last year), more sought-after than most house markets in SA, with 4-bedroom making up about half.
House rentals make up a much smaller share, with 41 leases at $690 a week, renting out in about 32 days (up a lot from 19 days last year), one of the country's least in-demand house rental markets, with 4-bedroom and 3-bedroom roughly tied at around 45% each.
Who lives hereAn above-average-income, mortgage-belt, family-oriented suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Two Wells demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Two Wells?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Two Wells
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Two Wells
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.2× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Two Wells
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Two Wells
1 school inside Two Wells, plus the closest options around it. Families can choose from 1 primary school in Two Wells and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Two Wells · 1Order by
- 1Two Wells Primary SchoolGovernment · Primary · Co-ed · Years R-6 · Within suburbState Rank—English—Maths—Students316Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Two Wells median house price & rent
Headline price, rent, yield and time on market for Two Wells — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Two Wells property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Two Wells
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Two Wells against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Two Wells in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Two Wells — Units & Houses, all bedrooms
Two Wells median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Two Wells rose from $430k (Jul 2021) to $757k (Jun 2026) — +76.3% growth over five years — peaking at $795k between Mar 2025 and Feb 2026. Median house rent went from $193/wk to $388/wk (+101.0%) over the same period. For units, median rent went from $298/wk to $359/wk (+20.5%) over the same period.
Suburbs near Two Wells: prices compared
The nearest suburbs to Two Wells, ranked by distance — each lined up against Two Wells on the same measures, so the differences jump out at a glance.
Suburbs like Two Wells
Suburbs anywhere in SA that behave like Two Wells — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Two Wells vs Hendon: the closest sales-market match trades at a near-identical median of $662k against Two Wells's $656k, with homes selling in 10 days versus 16 days here.
Comparable sales markets to Two Wells: Hendon property market, Woodville North property growth, Clearview average house price, Gilles Plains property market and Modbury North (SA 5092).
Two Wells's closest rental-market twins: Clearview property prices, Woodville North property growth, Gilles Plains property growth, Modbury North, SA property market and Hendon property market. Each link opens that suburb's full market report.
Frequently asked · Two Wells
26 data-driven answers about Two Wells's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Two Wells?
#The median house price in Two Wells, SA 5501 is $656k as of June 2026, based on 12 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Two Wells?
#The median unit price in Two Wells, SA 5501 is $656k as of June 2026, based on 12 sales over the past 12 months. Units currently trade at roughly 100% of the median house price.
How much does it cost to rent in Two Wells?
#The median weekly house rent in Two Wells is $402 as of June 2026, drawn from 6 leases over the past 12 months. Units rent for around $402 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Two Wells?
#A 3 bedroom house in Two Wells rents for a median $402 per week as of June 2026, drawn from 6 leases over the past 12 months. Across other house sizes: 4-bedroom $402/week. Unit rents: 2-bedroom $402/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Two Wells?
#Gross rental yield in Two Wells is 2.28% for houses and 2.28% for units as of June 2026, compared with the SA unit median of 2.94%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Two Wells?
#As of June 2026, Two Wells medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | — | $656k | $656k | $656k |
| Units | — | $656k | — | — | $656k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Two Wells median?
#At the median Two Wells house ($656k purchase, $402/week rent), weekly mortgage repayments sit at roughly $718 — about $316 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Two Wells's property market trends?
#Two Wells's property market trends to June 2026: house prices rose +50.0% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 16 days — faster than a year ago by 16; sales supply sits at 1.6 months (severe). Read together — price, rent, selling speed and supply — they show which way the Two Wells market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Two Wells as an investment?
#As of June 2026 in Two Wells, house prices rose +50.0% over the year, gross rental yield is 2.28% against a SA median of 2.66%, houses take a median 16 days to sell, sales supply is 1.6 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Two Wells?
#Houses in Two Wells sell in a median 16 days on market as of June 2026, with units clearing slightly similarly at 16 days. Days on market have tightened by 16 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Two Wells a tight or loose property market right now?
#Two Wells's sales market sits at 1.6 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 2.6 months of supply.
Have property prices in Two Wells gone up or down?
#House prices in Two Wells moved +50.0% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Two Wells?
#Two Wells's house rental market sits at 2.6 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 12 houses leased over the past 12 months. Units sit at 1.5 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Two Wells in its property market cycle?
#Two Wells's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Two Wells compare to other SA suburbs?
#Two Wells's median house price ($656k) is 25% above the SA median ($525k) as of June 2026. On selling speed, houses clear in 16 days vs 18 days state median. On gross yield, Two Wells sits at 2.28% vs 2.66% state median.
How does Two Wells compare to neighbouring suburbs?
#Two Wells's most-similar nearby market is Hendon (17.0 km away) with a median house price of $662k — about 1% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Two Wells?
#The most-transacted segment in Two Wells over the 12 months to June 2026 is 2 bed houses with 24 sales. 3 bed houses come second at 24 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Two Wells last year?
#Two Wells recorded 24 house sales and 24 unit sales over the 12 months to June 2026 — a combined 48 transactions. On the rental side, 12 houses and 12 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Two Wells in?
#Two Wells is in postcode 5501, in the Northern Adelaide region of SA. Addresses there are written as Two Wells, SA 5501.
What is the population of Two Wells?
#Two Wells, SA 5501 is home to 2,357 residents (ABS Census 2021). The median resident age is 29, and the average household holds 2.4 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Two Wells?
#The median household in Two Wells earns $957 per week — roughly $50k a year (ABS Census 2021). Median personal income runs $444/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Two Wells?
#The unemployment rate in Two Wells is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Two Wells?
#Two Wells is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Two Wells?
#Two Wells has 50 schools within reach, 1 of them inside the suburb itself — including Two Wells Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Two Wells a good place to live?
#Two Wells, SA 5501 has a population of 2,357, a median age of 29, a median household income around $957/week, 50% of households renting (ABS Census 2021). There are 50 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Two Wells market data last updated?
#This Two Wells market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.