Since Nan Bought

Northern Adelaide · South Australia

What's changed in Two Wells since Nan bought

In 1955 a typical Two Wells house was about $6,000, or 3.5 years of an average wage. In 2026 it is about $630,000, or 6.3 years. Here is the decade-by-decade version, what was standing when, and what her block does now.

Price, 1955 → 2026
$6,000 → $630,000
Years of wages
3.5 → 6.3
Rebuilt or infill today
0% of homes

Modelled, not measured. Prices are the Adelaide median house price of the day (rounded, dollars of the day) scaled to where Two Wells sits against the city median in 2026, blended toward the median for earlier decades because suburbs move up and down the ladder. Wages are national average full-time earnings. Treat every figure as "about". For actual sales history, ask an agent or the state valuer.

The decades

1955
$6,000≈ 3.5 yrs of wages ($1,700/yr)

Trust homes and fibro on the fringe; stone villas closer in.

Of today's houses, standing by 1955
14%
1965
$8,300≈ 3 yrs of wages ($2,800/yr)

Cream brick veneer, one bathroom, a Hills Hoist.

Of today's houses, standing by 1965
23%
1975
$22,500≈ 2.8 yrs of wages ($8,000/yr)

Brown brick project homes, ducted evaporative, a family room.

Of today's houses, standing by 1975
33%
1985
$59,000≈ 3 yrs of wages ($20,000/yr)

The ensuite arrives. Colorbond replaces galvanised iron.

Of today's houses, standing by 1985
40%
1995
$88,000≈ 2.6 yrs of wages ($34,000/yr)

Four-two-two under one roof. Rendered feature walls.

Of today's houses, standing by 1995
47%
2005
$210,000≈ 3.8 yrs of wages ($55,000/yr)

Biggest houses in the world. Alfresco and theatre room.

Of today's houses, standing by 2005
50%
2015
$325,000≈ 4.2 yrs of wages ($78,000/yr)

Two-for-one subdivisions start. Solar on a third of roofs.

Of today's houses, standing by 2015
66%
2026
$630,000≈ 6.3 yrs of wages ($100,000/yr)

7-star, all-electric, 300m² blocks. Or a rebuild on Nan's.

Of today's houses, standing by 2026
100%

What's been knocked down

Rebuild pressure in Two Wells is medium. A knockdown or a subdivision every few streets. Character is shifting but the original stock still dominates. Liberty and Eden estates have roughly doubled the town. Old Two Wells has not noticed yet.

Locals know: Mains water arrived late; some older properties are still on tank and bore.

What Nan's block does today

A typical Two Wells block is 400-700m² estates, acreage beyond. Three realistic paths in 2026.

Split it into two Torrens titles

Blocks of 400-700m² estates, acreage beyond in Two Wells are the size developers look for. Two 4-bed homes typically $550K-$750K each to build, before demolition and civils.

Read the guide

Knock it down, build one

One 220-260m² family home on the full block, $520K-$900K depending on builder tier. Keeps the backyard.

Read the guide

Keep it and fix it

Roof, rewire, switchboard, salt damp and a bathroom: $60K-$120K to bring an old Adelaide house up to modern comfort.

Read the guide

Questions about Two Wells

How much did a house in Two Wells cost in the 1960s?+

Modelled on the Adelaide median of the day and Two Wells's current position relative to the city, a typical Two Wells house was around $8,300 in 1965, or about 3 years of an average full-time wage. In 2026 it is around $630,000, or about 6.3 years of wages. These are indicative figures, not sales records.

How much of Two Wells has been knocked down and rebuilt?+

Roughly 0% of today's homes in Two Wells are infill: townhouses, courtyard homes or rebuilds that replaced an earlier house. Rebuild pressure is medium: A knockdown or a subdivision every few streets. Character is shifting but the original stock still dominates.

What was Two Wells like when it was built?+

The largest share of Two Wells (50%) is narrow-lot estates (2010s-2020s). Two-storey or long single-storey on 300-450m², black window frames, Colorbond Monument roofs, solar on most, 6 or 7-star rated. Very few established trees yet.

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