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 › Warramunda Cres
$716,000
Last sold
23 Sept 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
862 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
$716,000
23 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Banksia Park (last 5 years) with land size have a median of $878/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
-15.8%
Median sale
Suburb $850,500
+0.70 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
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
24037573
Driveway replacement, Dwelling Alterations and Additions and Removal of a Regulated Tree (Eucalyptus Robusta)
Under Assessment · Lodged 18 Feb 2025
Council site reportSource
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 General Neighbourhood · GN (Planning and Design Code). Official parcel area about 865 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. 1 development application on this parcel. Code Assessed - Performance Assessed (Under Assessment) Latest lodgement recorded 2025-02-18. These are this lot’s applications, not the neighbourhood pipeline. 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 865 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 865 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
Knownmedium1 development application on this parcel. Code Assessed - Performance Assessed (Under Assessment) Latest lodgement recorded 2025-02-18. These are this lot’s applications, not the neighbourhood pipeline.
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 OCAuction Sat, 30th Sept - 10am (usp)
Built in 1974, this double brick family home with gorgeous sunset views has been much-loved and beautifully maintained by the same family for 44 years. With multiple living areas, storage in all double bedrooms, two bathrooms and a double garage, this family home, on a luxurious 862sqm allotment, has everything you need.
Lush gardens and towering Australian gums provide enviable street appeal. A well planned floor plan separates the accommodation wing, with open plan living and dining rooms. All three bedrooms offer generous built-in storage, with the main bedroom featuring an ensuite bathroom. The main bathroom has both a bathtub and shower, and there is a separate toilet.
From the kitchen double sink you can enjoy a lush green garden outlook. The renovated kitchen has an abundance of storage, featuring a wall over, electric cooktop and a handy kitchen hutch to keep everyday appliances out of sight.
This perfect family home also offers these features:
- Ducted evaporative air conditioning
- Gas heater in living room
- Gas instant hot water
- Bosch temperature control
- Iconic Hills hoist washing line
- Rainwater tank
- Garden shed
Established over 44 years, the gardens include glory vine, nasturtiums, violets, correa, bottle brush, roses, lavender, geisha girl, gumtrees, and is popular amongst local birdlife.
The home is located a short stroll to Anstey Hill Recreation Park, multiple local parks and sporting fields including Tea Tree Gully football, cricket and golf clubs, and an assortment of shops, cafes, and restaurants.
The Adelaide CBD is a short 30-minute drive away and a variety of primary and high schools surround the area.
Council - Tea Tree Gully
Council Rates - $2,119.15 pa
SA Water Rates - $177 pq
Emergency Services Levy – $106 pa
Land Size - 862m2 approx
Year Built – 1974
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 275403
Listing description written by Andrew Simpson, OC — reproduced as published, not verified by Districts.
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