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SA › Coromandel Valley › Banes Rd

16 Banes Rd, Coromandel Valley SA 5051

House

$499,072

Last sold

12 Dec 2020

3

Bedrooms

1

Bathrooms

3

Car spaces

772 m²

Land

123 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $499,072 (12 Dec 2020).(Recorded sale)
  • CalculationLand 772 m² against a 123 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Coromandel Valley (last 5 years) with land size: median $906/m² of land (n=87). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$499,072

12 Dec 2020 · derived via latest_sale

Local land rate: recorded House sales in Coromandel Valley (last 5 years) with land size have a median of $906/m² of land (n=87). Districts calculation from recorded sales — not a valuation.

Coromandel Valley at a glance

4,659

People

$1,190,000

Median sale

$667/wk

Median rent

2.91%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Coromandel Valley report →

Vs Coromandel Valley

-58.1%

Median sale

Suburb $1,190,000

+4.04 pp

Gross yield

Suburb 2.91%

Suburb median $1,190,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$499,07212 Dec 2020
  2. Listedprice unknowncompleted1 Dec 2020
  3. Listedprice unknowncompleted1 Dec 2020

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 $667/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

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

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

Coromandel Valley in one glance

Coromandel Valley at a glance

4,659

People

$1,190,000

Median sale

$667/wk

Median rent

2.91%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Coromandel Valley report →

Keep researching

  • Why Coromandel Valley? Read the area thesis →
  • What else is on the market in Coromandel Valley →
  • Other records on Banes Rd →

Listing material

Listed by Magain Real Estate

Get away from it all ...

This spacious family home is in a great location close to the hustle and bustle yet far enough away to enjoy the peace and tranquility.

The practical floor plan offers that feel good flow with a large formal lounge/dining just off the well equipped kitchen leading through to a spacious family room, both with great views.

All three bedrooms have built in robes, the main bedroom with an additional bonus walk in robe, are nestled conveniently around the modern family bathroom and extra toilet. For year round comfort there is ducted evaporative cooling and a gas fire.

Read the full description

The family room and laundry lead out to a large entertaining area where you can sit and relax while entertaining family and friends.

The property comes with a double length garage and carport so plenty of room for vehicles. The separate studio offers a multitude of uses and there is a shed for storage.

All set in a great location and offering the bonus of solar and solar hot water for economy this property is perfect.

Council / City of Onkaparinga

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified. (RLA 222182)

Listing description written by Stuart Costello, Magain Real Estate — reproduced as published, not verified by Districts.

Districts

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

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