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 › Tarraleah St
$856,000
Last sold
3 Aug 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
700 m²
Land
145 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
$856,000
3 Aug 2026 · 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
+0.6%
Median sale
Suburb $850,500
-0.03 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 701 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 701 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 701 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 REAL Agents & AuctioneersSet on a generous corner allotment in the heart of Banksia Park, this impressive 3-bedroom home delivers the space, flexibility, and modern comfort that today's families are searching for — all just minutes from Tea Tree Plaza and a short drive to historic Tea Tree Gully.
Inside, open plan living areas create a warm and welcoming hub for everyday family life, while the expansive kitchen is a true highlight — boasting an abundance of cupboard space, ready to satisfy even the most enthusiastic home chef or busy family on the go. The master bedroom is generously proportioned, and the renovated bathroom adds a fresh, modern touch to the home's already comfortable feel. Ducted reverse cycle air conditioning throughout ensures year-round comfort, no matter the season.
One of the standout features of this property is the detached cabin — a versatile space that's ready to work as hard as your family needs it to. Whether it becomes a dedicated work-from-home office, a teenage retreat for some independence, or a private parents' escape, the possibilities are endless.
8kw of solar power is available to offset the ever increasing cost of living with 10kwh of battery storage making it ideal for those with EV's that like to save money and the environment at the same time.
Practicality has been well thought out too, with rear parking access, plentiful undercover parking, and drive-through access to garaging — perfect for families with multiple vehicles, a boat, trailer, or caravan in need of secure storage.
The corner allotment offers excellent street presence and added space, while the location simply can't be beaten. With Tea Tree Plaza just minutes away, you'll have shopping, dining, and entertainment at your fingertips, while historic Tea Tree Gully offers a charming slice of local heritage and character just a short drive away. Surrounded by quality schools, parks, and everything the vibrant North East has to offer, this home is perfectly positioned for young families wanting it all.
This is a rare opportunity to secure a home that offers genuine flexibility, modern comfort, and an unbeatable location. Whether you need extra space for a growing family, a separate work-from-home solution, or simply a fantastic place to settle down, this Banksia Park property checks every box.
Contact us today to arrange your inspection — homes offering this much versatility don't come around often!
**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.
RLA 232366
Listing description written by Dave Stockbridge, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.
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