Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Croydon Park › Packard Ave

11 Packard Ave, Croydon Park SA 5008

For saleHouse for Sale

$510,965

For sale

Asking

4

Bedrooms

1

Bathrooms

2

Car spaces

698 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $510,965 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $510,965(Listing record · 10 Aug 2026)
  • CalculationLand 698 m² against a 169 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 50% below the Croydon Park median recorded sale ($1,021,000, n=25, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Croydon Park's advertised median rent ($558/wk), implied gross yield would be 5.68% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$510,965

Asking · $732/m² of land

No recorded sale for this property.

Croydon Park at a glance

4,197

People

$1,021,000

Median sale

$558/wk

Median rent

2.84%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Croydon Park report →

Vs Croydon Park

-50.0%

Median sale

Suburb $1,021,000

+2.84 pp

Gross yield

Suburb 2.84%

Suburb median $1,021,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$510,965
Stamp Duty (South Australia)
$21,933
Transfer/Registration Fee
$5,288
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$541,886

$30,921 on top of the price (6.1% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Croydon Park's advertised median rent — not a rent for this listing.

Net yield
4.18%
Annual cashflow (pre-tax)
$-5,219
Interest cover (DSCR)
0.80
Annual rent
$29,016
Operating expenses
$7,664
Loan amount
$408,772
Annual interest
$26,570
Gross yield
5.68%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$510,965available10 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $558/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Croydon Park in one glance

Croydon Park at a glance

4,197

People

$1,021,000

Median sale

$558/wk

Median rent

2.84%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Croydon Park report →

Keep researching

  • Why Croydon Park? Read the area thesis →
  • What else is on the market in Croydon Park →
  • Other records on Packard Ave →

Listing material

Listed by Ray White Prospect

Four Bedrooms with Rear Access and a Garage/Workshop!

Behind a gated front boundary, this single-level Croydon Park home offers four bedrooms, three separate living areas and vehicle access through to the rear. The interiors are dated, but the floor plan is flexible and gives buyers a place to begin an update.

At the front, the lounge features polished original floorboards, a Rinnai split-system air conditioner and a fireplace/heater insert beneath a decorative ceiling panel. The kitchen connects with the meals area and includes a Chef 900mm gas cooktop, 600mm integrated oven and sink beneath a wide window, while a skylight brings daylight into the adjoining dining space.

Out the back, the sunroom forms the third living area, opening through sliding glass doors to the yard. Established trees edge the broad lawn, while concrete access runs to the detached garage/workshop. Along the side, a long carport adds covered parking behind a roller door. There is also room outside for storage and projects.

Read the full description

The bathroom has a built-in bath, separate shower and vanity, with an internal laundry and separate WC. The rooms are generous throughout.

Additional Features:

• Covered front porch

• Built-in robe to bedroom one

• External access from the laundry

• Easy access to North South Motorway for a quick run into the Adelaide CBD

• Walking distance to local reserves and Dudley Train Station

• Located centrally to Prospect with cafes, restaurants and retail and Churchill and Armada Arndale Shopping Centres

• Nearby schools include: Prospect Primary School, Rosary School, St Margaret Mary's School, Prospect North Primary School, Brompton Primary School, Adelaide Secondary School of English, Bowden Brompton Community School, Our Lady of the Sacred Heart College, Prescott College

Disclaimer: Please note that all information provided for this property was obtained from sources we believe to be accurate. However, we cannot guarantee the information's accuracy and accept no liability for any errors or omissions, including (but not limited to) the property's land size, floor plans, dimensions, building 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 aim to have all details represented within this advertisement to be true and correct, it is the buyer'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.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.

Listing description written by Son Le, Ray White Prospect — reproduced as published, not verified by Districts.

Property features

  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.