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SA › Para Hills › Leabrook Dr

16 Leabrook Dr, Para Hills SA 5096

For saleHouse

$525,000–$550,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

0

Car spaces

348 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $525,000–$550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $525,000–$550,000(Listing record · 31 Jan 2025)
  • FactLand 348 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Para Hills (last 5 years) with land size: median $1,135/m² of land (n=99). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 36% below the Para Hills median recorded sale ($825,000, n=39, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Para Hills's advertised median rent ($579/wk), implied gross yield would be 5.73% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$525,000–$550,000

Asking range · $1,509/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Para Hills (last 5 years) with land size have a median of $1,135/m² of land (n=99). Districts calculation from recorded sales — not a valuation.

Para Hills at a glance

6,774

People

$825,000

Median sale

$579/wk

Median rent

3.65%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Para Hills report →

Vs Para Hills

-36.4%

Median sale

Suburb $825,000

+2.08 pp

Gross yield

Suburb 3.65%

Suburb median $825,000 from 39 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$525,000
Stamp Duty (South Australia)
$22,705
Transfer/Registration Fee
$5,393
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
$556,798

$31,798 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

Based on the low end of the asking range, not a contract price.

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

Net yield
4.23%
Annual cashflow (pre-tax)
$-5,067
Interest cover (DSCR)
0.81
Annual rent
$30,108
Operating expenses
$7,875
Loan amount
$420,000
Annual interest
$27,300
Gross yield
5.73%

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$525,000–$550,000available31 Jan 2025
  2. Soldprice unknown3 Dec 2024
  3. Listedprice unknowncompleted1 Jan 2001
  4. Listedprice unknowncompleted1 Jan 2001

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 $579/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

Para Hills in one glance

Para Hills at a glance

6,774

People

$825,000

Median sale

$579/wk

Median rent

3.65%

Suburb gross yield

Median sale from 39 recorded sales (last 12 months) — a Districts calculation.

See the full Para Hills report →

Keep researching

  • Why Para Hills? Read the area thesis →
  • What else is on the market in Para Hills →
  • Other records on Leabrook Dr →

Listing material

Listed by LJ Hooker West Lakes | Henley Beach

ONE SOLD – ONE REMAINING | Build Brand New in Para Hills

With one allotment already sold, only one opportunity remains to secure approximately 348sqm of land in the heart of Para Hills.

Offering a generous frontage of approximately 9.14m and a depth of approximately 38.10m, this well-proportioned allotment provides an excellent foundation for a contemporary new home or investment property, subject to all necessary consents.

Whether you are a first-home buyer, family, downsizer or investor, this is an exciting opportunity to design and build a home suited to your lifestyle in an established and convenient neighbourhood.

Read the full description

Key Features:

• One proposed allotment remaining

• Approximately 348sqm of land

• Generous 9.14m frontage and 38.10m depth

• Flexibility for a range of contemporary home designs (STCC)

• Ideal for first-home buyers, families, downsizers and investors

• Positioned within an established, family-friendly location

Conveniently located within walking distance of Para Hills Shopping Centre, you will have Woolworths, specialty stores and everyday essentials close at hand. Families will appreciate proximity to local schools, including Para Hills West Primary School, while The Paddocks and surrounding reserves provide plenty of space for recreation and outdoor activities.

Public transport and major connecting roads are also easily accessible, providing a straightforward commute to surrounding suburbs and the Adelaide CBD.

With one allotment already secured, do not miss the final opportunity to build brand new and establish your future in Para Hills.

For more information, please contact Frank Azzollini on 0419 849 037 or Nick Carpinelli on 0403 347 849.

Disclaimer:

Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and are advised to enquire directly with the agent in order to review the certificate of title and local government details provided with the completed Form 1 vendor statement. All land sizes quoted are an approximation only and at the purchaser’s discretion to confirm. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries. RLA 175322

Please note some images have been digitally enhanced or virtually staged for illustration.

Listing description written by Frank Azzollini, LJ Hooker West Lakes | Henley Beach — 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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