Para Vista at a glance
3,148
People
$847,000
Median sale
$580/wk
Median rent
3.56%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
SA › Para Vista › Pitana Ave
3
Bedrooms
2
Bathrooms
3
Car spaces
685 m²
Land
321 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Para Vista (last 5 years) with land size have a median of $1,089/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Para Vista at a glance
3,148
People
$847,000
Median sale
$580/wk
Median rent
3.56%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
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
SAPlanning 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.
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
No advertised rent is recorded. Suburb median rent $580/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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
Para Vista at a glance
3,148
People
$847,000
Median sale
$580/wk
Median rent
3.56%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodThis rare release opportunity presents 2 spacious allotments, both of approximately 685m, with 2 existing homes, both in fair condition, to be offered as a whole, presenting a unique and highly sought-after landholding of approximately 1370m.
Developers will definitely want to explore the subdivision potential on offer here, (STCC) with a plethora of future use options limited only by the creativity of intuitive building design and local council consents. Investors may wish to purchase now and rent these, quite liveable, homes out, reaping the generous rental returns on offer and allowing themselves time to explore the potential of such a generous landholding.
Both homes are in fair condition and present value buying on their own merits. Should the initial offering of both homes be unsuccessful the homes will then be offered for sale individually.
12 Pitana features:
* 3 bedrooms, two with built in robes
* Lounge with reverse cycle split air conditioner
* Kitchen / dining room
* Neat and tidy bathroom
* Separate laundry
* Separate toilet
* Large backyard with ample shedding
* Single garage with rain water tank
* Large outdoor living verandah
14 Pitana features:
* 3 bedrooms (all with robes)
* Bedrooms 2 & 3 have walk-in robes and a shared bathroom
* Modern kitchen with walk-in pantry and stainless steel appliances
* Family Room with combustion heater
* Formal lounge with gas heater
* Light and bright dining room with skylight
* Good cupboard space with plenty of storage areas
* Detached games room / studio
* Neutral tones to the living areas
* Established gardens
* 3 car carport
* Security alarm system
* Ducted evaporative air conditioning
* 5 solar panels deliver 1.5kw
Get creative, get thinking and explore the options available. Take advantage of this rare offering and start creating your own grand design! The potential returns are exciting and the options are many and varied, make your enquiry today.
Perfectly located in a quiet residential precinct with Golding Reserve at the end of the street and a dog park just around the corner. Close to shopping with Ingle Farm Shopping Centre only a five minute walk away, perfect for your weekly groceries and day-to-day necessities. For serious shoppers, Tea Tree Plaza is just up the road, offering world class specialty shopping, entertainment and express transport to the city.
Local schools are at your doorstep with the local zoned high school, Valley View Secondary School, just across the road. Local unzoned primary schools include Para Vista Primary, Ingle Farm Primary, Ingle Farm East Primary, Modbury West School and Wandana Primary School.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Ray White Norwood are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | TBC
Zone | R - Residential Salisbury
Land | 685sqm per allotment (Approx.)
House 12 | 154sqm(Approx.)
House 14 | 321sqm(Approx.)
Built 12 Pitana | 1973
Built 14 Pitana | 1973
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pq
Listing description written by Nick Borrelli, Ray White Norwood — reproduced as published, not verified by Districts.
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