Banksia Park at a glance
3,397
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Banksia Park › Elizabeth St
$733,000
Last sold
16 Dec 2024
4
Bedrooms
1
Bathrooms
4
Car spaces
710 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$733,000
16 Dec 2024 · derived via latest_sale
Local land rate: recorded House sales in Banksia Park (last 5 years) with land size have a median of $876/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Banksia Park at a glance
3,397
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Banksia Park
-13.8%
Median sale
Suburb $850,500
+0.60 pp
Gross yield
Suburb 3.77%
Suburb median $850,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Planning and Design Code
Zone
Township
T
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAZoned Township (Planning and Design Code). Official parcel area about 85,268 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $616/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Township (Planning and Design Code). Official parcel area about 85,268 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 85,268 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Banksia Park at a glance
3,397
People
$850,500
Median sale
$616/wk
Median rent
3.77%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ProspectTucked away in the verdant confines of Banksia Park, a polished single-storey abode sits gracefully on a substantial 710m² estate. With charm befitting its lush surroundings, the property boasts a admirable picket fence with welcoming double gates that swing wide to accommodate multiple vehicles under the protection of a carport.
Sunlight cascades through this beautiful home, illuminating a spacious floor plan in which bright and airy interiors welcome to modern family. Sleep easy within three well-appointed bedrooms, each adorned with refreshing ceiling fans and practical mirrored built-in wardrobes. A central bathroom showcases meticulous tiling that reaches the ceiling, a combined shower/bathtub, and a generous skylight, alongside a separated toilet for utmost household convenience.
Dinner parties of any size are welcomed in the kitchen. Effortlessly modern, the space dazzles with crisp white finishes that merge seamlessly with white appliances amplified by the skylight above.
Adjacent, the carpeted lounge room serves family gatherings with a gas log heater cozying up those cool South Australian winters. Here, large windows usher in the light while a sunken study- steeped in character, showcases an exposed brick fireplace harking back to the property's 1970's roots.
Slip outside to revel in a generous, neatly landscaped backyard declaring outdoor living at its best-an expansive undercover alfresco frames an idyllic stage for entertaining set against an attractive garden vista. The addition of a plush, detached rumpus room, boasting double door entry and dual wall-mounted heaters, hints as an ideal teenage retreat or spacious granny flat.
Embedded mere footsteps from the manicured allure of Tea Tree Gully Golf Course and nestled in Adelaide's dynamic Northeast foothills, this residence enthusiastically invites a life of esteemed leisure. Here, amidst peaceful landscapes and a tight-knit community, find a family-focused abode that hums with space, splendour and light.
Additional Features:
• Bursting with elevated charm, character, natural light and privacy
• Breezair ducted heating and cooling
• Two garden sheds in the rear
• Laundry with external access adjacent to the bathroom
• Sleek vertical blinds on all windows and doors
Rental Appraisal of $570 - $590 p/w.
• Nearby schools include: Tea Tree Gully Primary School, Saint David's Parish School, Banksia Park Primary School, St Agnes Primary School, Ridgehaven Primary School, Banksia Park International High School, Torrens Valley Christian School, Modbury Special School, Gleeson College, Golden Grove High School
Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate, however, and we accept no liability for any errors or omissions - including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.
As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
Listing description written by Lawrence Cocca, Ray White Prospect — reproduced as published, not verified by Districts.
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