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 › Condada Dr
$815,000
Last sold
3 July 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
780 m²
Land
362 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
$815,000
3 July 2024 · 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
-4.2%
Median sale
Suburb $850,500
+0.16 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 scheme
Planning and Design Code
Zone
General Neighbourhood
GN
Jurisdiction
Tea Tree Gully
Tea Tree Gully, SA
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
SAZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 787 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. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned General Neighbourhood · GN (Planning and Design Code). Official parcel area about 787 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 787 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
UnknownNo DA adapter returned applications 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 Home Real EstateFor Sale - via Expressions of Interest by 12pm the 2nd July, unless sold prior.
Nestled within the leafy North East of Adelaide, 18 Condada Drive is the perfect opportunity for buyers looking for a quality family home set upon a corner allotment, compromising of 780*sqm of land. Whether you're looking for the next family home, an investment opportunity or a move into a quality suburb, this home has something for everyone.
Inside, you'll find spacious living areas that flow seamlessly into the well-appointed kitchen with views out over Adelaide, perfect for family gatherings and entertaining friends. With three generous sized bedrooms & a spacious study / fourth bedroom on offer, renovated bathrooms leave an internal fit out that ticks all of the boxes. Outside, you've got a huge patio area with amazing sunset views, double garage beneath the main residence and huge 9x6 shed for the additional cars, toys or workshop.
Banksia Park offers a family-friendly atmosphere and proximity to quality schools such as Banksia Park International High School and Banksia Park Primary School. The area boasts beautiful parks and recreational facilities, making it a haven for outdoor enthusiasts. Conveniently located near shopping centres and public transport options, this property ensures that everyday essentials are within easy reach.
Don't miss this fantastic opportunity to secure a wonderful family home in an excellent location.
We'll see you soon.
Features:
- Renovated, 1968 Torrens Title home
- 3 bedrooms + large study or 4th bedroom
- Secure double garaging
- Large 9.0 x 6.0 shed
- Huge outdoor patio area with sunset views
- Updated bathrooms & laundry
- Underground cellar
- Solar panels
- Wood fireplace
- Ducted evaporative cooling
- Ducted gas heating
- Established gardens
- Quiet, leafy location
- Close to shops, schooling & transport
Specifications:
- CT 5559/899
- 1968 build
- Tea Tree Gully Council
- $409* rates / quarterly
- GN Zoning
- 362 sqm home
- 780 sqm land
- Banksia Park Kindergarten, Banksia Park School R-6, Fairview Park School, Surrey Downs Primary, Ridgehaven Primary, Banksia Park International High School
Disclaimer - All information is believed to be correct at the time of being published. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the Home Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
Bradley Foster - 0413 876 516
bradley@homeregroup.com.au
RLA 334148
Listing description written by Bradley Foster, Home Real Estate — reproduced as published, not verified by Districts.