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 › Waitara Rd
3
Bedrooms
2
Bathrooms
4
Car spaces
786 m²
Land
349 m²
Building
Districts View
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 Banksia Park (last 5 years) with land size have a median of $878/m² of land (n=63). 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.
Planning
Planning scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
25007526
Land Division (1-in-2) Torrens Title
Decision Made · Lodged 24 June 2025
Council site reportSource
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
SAZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 790 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 1 development application on this parcel. Code Assessed - Performance Assessed (Decision Made) Latest lodgement recorded 2025-06-24. These are this lot’s applications, not the neighbourhood pipeline. 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 790 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 790 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
Knownmedium1 development application on this parcel. Code Assessed - Performance Assessed (Decision Made) Latest lodgement recorded 2025-06-24. These are this lot’s applications, not the neighbourhood pipeline.
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 Ray White NorwoodNestled in the picturesque neighbourhood of Bankisa Park, welcome to 17 Waitara Road-a charming haven that seamlessly blends comfort and convenience. As you pull into the driveway of this captivating property, the allure of a double garage and dual carport beckons, offering ample parking for your vehicles. Stepping through the enclosed front courtyard, you'll be greeted by the gentle sounds of a water fountain in the entranceway, setting a serene ambiance from the moment you arrive.
The allure of this home continues as you venture inside. Natural light floods the home, and a zoned reverse cycle ducted heating and cooling system spreads through every corner, to keep the atmosphere pleasant year-round. While the 10kw solar system ensures efficient energy consumption, and the security system allows for peace of mind.
The lounge room boasts a cozy fireplace, perfect for relaxing with the family and unwinding on chilly evenings. The formal dining room allows for grand occasions, while the combined meals and kitchen space is perfect for casual dining. The stunning kitchen, complete with a breakfast bar and modern appliances like a dishwasher and electric stove, stands as a focal point, inviting culinary creativity.
Retreat to the three, generously sized bedrooms, each with built-in robes for harmonious storage. While the master suite is a true haven, complete with a private ensuite and calming ceiling fan. The central bathroom services the minor bedrooms with floor-to-ceiling tiles and a soaking bathtub for relaxation. While the internal laundry ensures chores are easily accomplished with storage, benchtop space, and backyard access.
Escape to the backyard oasis through the pitched roof verandahs and find a peaceful retreat where you can host gatherings or relax and admire the spacious, well-maintained surroundings. The garden shed with power connection, and a workshop in the double garage, cater to your storage and DIY needs, offering both practicality and convenience.
As for nearby amenities, the location is ideal for families and individuals alike. From reputable schools within walking distance to supermarkets, pharmacies, and liquor stores just a short drive away, convenience is at your fingertips. Recreation enthusiasts will delight in the proximity to Pertaringa Oval, and tennis, netball, and football parks, with Tea Tree Gully Golf Club, and Brightlands Reserve all close by for outdoor adventures. Enjoy all that Banksia Park has to offer with this stunning home.
Property Features:
• 3-bedroom and 2-bathroom home
• The master bedroom features a private three-piece ensuite with floor-to-ceiling tiles, with a ceiling fan, built-in wardrobe and direct pergola access
• The minor bedrooms both offer built-in wardrobes
• Front lounge room has a fireplace with exposed brick feature wall
• Formal dining room with front courtyard access
• Combined meals and kitchen area with outdoor access
• Built-in cupboards in the meals for extra pantry space or other storage
• The kitchen features a dishwasher, breakfast bar, an electric stove, stone counter tops, and ample white cabinetry
• The main bathroom has floor-to-ceiling tiles, heat lamps, a bathtub, shower, toilet, and vanity storage
• Laundry room has cupboard storage, benchtops, and backyard access
• 3 storage cupboards in the hallway for convenience
• Zoned reverse cycle ducted AC system throughout the home
• Blinds fitted through the home for comfort
• Carpet flooring in the bedrooms and lounge room, and tiles throughout the rest of the home
• Solar powered hot water system for eco efficiency
• 10kw solar system with 37 panels to reduce energy consumption
• Security system for peace of mind
• Enclosed front courtyard as the entrance to the home with a feature water fountain
• Spacious verandah along the back of the home with a ceiling fan
• Paved pitched roof verandah for entertaining
• Powered garden shed and four rainwater tanks that hold over a hundred-thousand litres, in the tidy backyard with lawn space
• Double garage and powered workshop, with drive through roller doors to the rear pergola, and courtyard access
• Secure double carport with roller doors and courtyard access
• Landscaped front garden with ample car parking space available in the driveway
• Banksia Park School is only two minutes away
Schools:
The nearby unzoned primary schools are Banksia Park School R-6, Fairview Park Primary School, Surrey Downs Primary School, and Ridgehaven Primary School.
The nearby zoned secondary school is Banksia Park International High School.
Information about school zones is obtained from education.sa.gov.au. The buyer should verify its accuracy in an independent manner.
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
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.
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Property Details:
Council | Tea Tree Gully
Zone | GN - General Neighbourhood\\
Land | 790sqm(Approx.)
House | 349sqm(Approx.)
Built | 1973
Council Rates | $2,008.70pa
Water | $173.97 pq
ESL | $313.10 pa
Listing description written by Todd Fromme, Ray White Norwood — reproduced as published, not verified by Districts.