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SA › Banksia Park › Waitara Rd

19a Waitara Rd, Banksia Park SA 5091

For saleLand

$495,540

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

391 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $495,540 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $495,540(Listing record · 2 Oct 2025)
  • FactLand 391 m²; no building size recorded.(Property record)
  • CalculationAsk is 42% below the Banksia Park median recorded sale ($850,500, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Banksia Park's advertised median rent ($616/wk), implied gross yield would be 6.46% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$495,540

Asking · $1,267/m² of land

No recorded sale for this property.

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.

See the full Banksia Park report →

Vs Banksia Park

-41.7%

Median sale

Suburb $850,500

+2.69 pp

Gross yield

Suburb 3.77%

Suburb median $850,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$495,540
Stamp Duty (South Australia)
$21,107
Transfer/Registration Fee
$5,078
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
$525,425

$29,885 on top of the price (6.0% 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

Pre-filled with Banksia Park's advertised median rent — not a rent for this listing.

Net yield
4.96%
Annual cashflow (pre-tax)
$-1,169
Interest cover (DSCR)
0.95
Annual rent
$32,032
Operating expenses
$7,433
Loan amount
$396,432
Annual interest
$25,768
Gross yield
6.46%

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$495,540available2 Oct 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 $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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 6.5%. 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

Banksia Park in one glance

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.

See the full Banksia Park report →

Keep researching

  • Why Banksia Park? Read the area thesis →
  • What else is on the market in Banksia Park →
  • Other records on Waitara Rd →

Listing material

Listed by One Point Eight Real Estate

Land Ahoy!

Picture this: your brand-new home nestled among leafy gum trees, where every day feels like a retreat, yet you're still only a short drive to Adelaide City. At 19 Waitara Road, Banksia Park, you're not just buying land - you're stepping into a lifestyle filled with convenience, nature, and opportunity.

This 392sqm (approx.) elevated allotment offers the perfect blank canvas to create the home you've always imagined. And with a second block also available, families, friends, or investors have a rare chance to build side by side in one of Adelaide's most sought-after foothills suburbs.

Why Buyers Love This Location:

Read the full description

• Leafy, established suburb with stunning natural surrounds.

• Morning walks or a round of golf at nearby Tea Tree Gully Golf Course.

• Enjoy local favourites like The Fox & Firkin, The Gully, and Mangosteen.

• Weekends at Newman's Nursery with its gardens and café.

Everyday Convenience:

• 5 minutes to St Agnes Shopping Centre.

• Under 10 minutes to Westfield Tea Tree Plaza and Modbury Hospital.

• Schools, transport, and everyday amenities right at your doorstep.

Highlights:

• 392sqm (approx.) elevated allotment.

• 10.67m frontage (approx.).

• Prestigious foothills location surrounded by mature gums.

• Another block available - rare dual opportunity.

• Long settlement options.

• Save on stamp duty by settling on the land.

• Eligible first home buyers may qualify for the $15,000 First Home Owner Grant (subject to eligibility).

Contact Michael at One Point Eight Real Estate today to secure your future at 19 Waitara Road, Banksia Park - opportunities like this don't come around often.

RLA 274768

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Listing description written by Michael Gleeson, One Point Eight Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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