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SA › Parafield Gardens › Lamorna Pde

17 Lamorna Pde, Parafield Gardens SA 5107

For saleHouse

$849,000–$929,000

For sale

Asking range

4

Bedrooms

1

Bathrooms

8

Car spaces

667 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $849,000–$929,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $849,000–$929,000(Listing record · 22 June 2026)
  • CalculationLand 667 m² against a 127 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Parafield Gardens (last 5 years) with land size: median $1,468/m² of land (n=111). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 0% below the Parafield Gardens median recorded sale ($850,000, n=93, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Parafield Gardens's advertised median rent ($590/wk), implied gross yield would be 3.61% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$849,000–$929,000

Asking range · $1,273/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Parafield Gardens (last 5 years) with land size have a median of $1,468/m² of land (n=111). Districts calculation from recorded sales — not a valuation.

Parafield Gardens at a glance

18,612

People

$850,000

Median sale

$590/wk

Median rent

3.61%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Parafield Gardens report →

Vs Parafield Gardens

-0.1%

Median sale

Suburb $850,000

0.00 pp

Gross yield

Suburb 3.61%

Suburb median $850,000 from 93 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
$849,000
Stamp Duty (South Australia)
$40,525
Transfer/Registration Fee
$8,753
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
$901,978

$52,978 on top of the price (6.2% 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 Parafield Gardens's advertised median rent — not a rent for this listing.

Net yield
2.11%
Annual cashflow (pre-tax)
$-26,203
Interest cover (DSCR)
0.41
Annual rent
$30,680
Operating expenses
$12,735
Loan amount
$679,200
Annual interest
$44,148
Gross yield
3.61%

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$849,000–$929,000available22 June 2026
  2. Soldprice unknown31 May 2025
  3. Listedprice unknowncompleted14 May 2025
  4. Listedprice unknowncompleted14 May 2025

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 $590/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 3.6%. 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

Parafield Gardens in one glance

Parafield Gardens at a glance

18,612

People

$850,000

Median sale

$590/wk

Median rent

3.61%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Parafield Gardens report →

Keep researching

  • Why Parafield Gardens? Read the area thesis →
  • What else is on the market in Parafield Gardens →
  • Other records on Lamorna Pde →

Listing material

Listed by Ray White Prospect

Diverse Dwelling on Substantial Block

In Parafield Gardens, a generous allotment plays host to a much-loved single storey home with a dynamic floor plan offering interested buyers a substantial rental property with promising return, or an exciting opportunity to renovate, extend or redevelop (STCC).

Set back behind dual automatic sliding gates, under the watchful eye of solar panels and shaded by towering palms in, there is genuine room for your family to move and personalise the spaces, both inside and out.

Multiple cars can be securely stored in not one, but two undercover carports available, while inside, a four bedroom layout is revealed. Polished timber floorboards sweeping through a series of light-filled living zones - a separate front lounge, an open plan family room and a central kitchen and meals area gather on the Northern-side of the property. The kitchen is well equipped and practical layed out in a U-shape design, with cream cabinetry across two separate areas, tiered laminate benchtops, a breakfast bar peninsula and a suite of AEG cooking appliances.

Read the full description

Three carpeted bedrooms each have their own features including ceiling fans, built in wardrobes and a split system A/C. The bathroom retains its original bath, shower and vanity, and a separate laundry adds everyday practicality. At the rear, a detached and versatile rumpus - or optional fourth bedroom - is anchored by a Timber flooring and walls, with a pitched roof ceiling and its own split system, opening the home up for your growing or extended family or affording an additional space for study, relaxation or working out.

Outdoors is where the block truly showcases its scale. A wide pitched verandah stretches across the width of the rear for shaded entertaining and merge with the two carports.

A home with good bones, a big backyard potential and clear scope to add value, this is a rare chance to secure space and position in one of the north's growing pockets. Renovators, investors and families looking for their next project are encouraged to enquire!

Additional Features:

• 667sqm alottment (approx.)

• Private and secure with gates and plants adding extra privacy

• Bonaire ducted evaporative cooling plus gas heating, with Braemar MagIQtouch control

• Automatic exterior roller shutters to the front of the home

• AEG dishwasher in the kitchen

• Lots of natural light throughout the open plan living space

• Workshop, additional storage and two garden sheds at the rear

• Close proximity to Parafield Plaza Supermarket & Parafield Gardens Train Station

• Walking distance to various local parks and playgrounds

• Nearby schools include: Endeavour College, Holy Family Catholic School, Parafield Gardens R-7 School, Parafield Gardens High School, Paralowie School, Riverdale Primary School, Salisbury High School, The Pines School, Thomas More College

Disclaimer: Please note that all information provided for this property was obtained from sources we believe to be accurate. However, we cannot guarantee the information's accuracy and accept no liability for any errors or omissions, including (but not limited to) the property's land size, floor plans, dimensions, building size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice. As much as we aim to have all details represented within this advertisement to be true and correct, it is the buyer's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.

PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.

Listing description written by Adam Humzy, Ray White Prospect — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Remote Garage
  • Rumpus Room
  • Shed
  • Workshop
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.