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 › Milperra Ave
$832,500
Last sold
21 Sept 2021
5
Bedrooms
4
Bathrooms
3
Car spaces
795 m²
Land
362 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
$832,500
21 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Banksia Park (last 5 years) with land size have a median of $876/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
-2.1%
Median sale
Suburb $850,500
+0.08 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 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 $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.
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
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 Toop & Toop NorwoodThe ultimate multi-generational home with a secure, separate and fully self contained wing of the home....
Perfectly located in the stunning foothills of the North Eastern suburbs, this c.1971 built home of well over 350sqm of living space is situated on a corner allotment on approx. 795sqm of land and offers so much for the growing, established or extended family.
With such a rare and highly sought after residence being on offer, the home is perfectly designed to cater for the large &/or extended family needing or wanting a separate and fully self contained wing of the home with the upper level consisting of a full kitchen, open plan living leading to a balcony with stunning views, separate 2nd toilet with the lower level including a large double bedroom with spacious en-suite and walk-in robe, and direct access to the rear outdoor entertaining and pool areas. It also includes a gas fireplace and split system reverse-cycle air-conditioning.
The entire home consists of so many layers, you will want to explore every detail that makes this home stand out and differ from the rest. From the hardwood timber and parquetry flooring to the high raked ceilings and dual undercover outdoor entertaining areas, this home has so many features that you will just fall in love with.
The ground level of the main home features the main lounge room with its country feel wood log fire which leads to both the study (this also leads into the separate wing of the home) and also into the spacious master suite with exposed brick feature wall, walk-in robe and en-suite. There is also a full bathroom that has been updated and will service the main home itself.
For the family who love to create and entertain, the timber kitchen has been beautifully designed and crafted to incorporate ample bench and cupboard space together with an amazing 3 door, 5 gas burner Belling oven. This overlooks the dining area which also leads directly to the front outdoor entertaining area. There is also a 4th bedroom/office that also leads off the dining area.
The upper level of the main home consists of another living area with open fire place and direct access to the balcony with stunning views over the Gulf. On either side of the living is 2 bedrooms, with one having a large built-in robe.
Just in time for Summer and Christmas, the rear outdoor area includes a relaxing in-ground pool with an undercover outdoor entertaining area and a convenient separate bathroom/change room, perfect for showering and getting ready for the BBQ dinner with family and friends.
Some other special features;
- 3 car secure garaging.
- Offering up to 5 bedrooms plus study.
- Solar panels.
- Solar heated and salt chlorinated in-ground swimming pool.
- Split system reverse-cycle air-conditioners positioned through out the home.
- Two spacious undercover outdoor entertaining areas.
- Stunning views from rear balcony.
- Beautiful timber polished flooring.
- Raked ceiling.
- Under stairs storage.
- Plenty of off-street parking with second driveway.
- Fully established gardens.
Located within easy access to public transport, Banksia Park International High School, Banksia Park Primary School and Kindergarten, St David's Parish School, Tea Tree Gully Primary School, Tea Tree Gully Football Club, Tea Tree Gully Tennis Club, Tea Tree Gully Gymsports, Tea Tree Gully Golf Club, St Agnes Shopping Centre, Fairview Green Shopping Centre, The Gully Public House & Garden, The Fox & Firkin English Pub, Anstey Hill Walking Trails and a few minutes to Tea Tree Plaza & the O'Bahn Interchange.
Don't miss out on this extremely rare and desirable residence in such a highly sought after foothills location.
For further information, please contact Scott Thomson anytime on 0414 427 427.
Listing description written by Scott Thomson, Toop & Toop Norwood — reproduced as published, not verified by Districts.
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