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 › Derwent Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
347 m²
Land
197 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
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 789 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 789 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 789 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 Ray White NorwoodNewly built, beautifully finished, and perfectly positioned in one of north-eastern Adelaide's most family-friendly pockets, this stylish four-bedroom, two-bathroom home delivers the ideal balance of designer style, practical living, and low-maintenance ease. Whether you are a first home buyer seeking a turn-key opportunity, a growing family wanting a future-proof floor plan, an astute investor, or a downsizer unwilling to compromise on space, 1A Derwent Crescent ticks every box.
From the outset, the home makes a striking impression with its crisp contemporary façade, bold black-framed windows, dark gabled roof, and sleek double garage door. Modern fencing, integrated downlights, and easy-care landscaping complete the polished street presence.
Inside, a thoughtfully designed floor plan centres around a spacious open-plan living, dining, and kitchen zone. Large-format stone-look porcelain tiles flow throughout, while oversized sliding doors invite natural light in and create seamless indoor-outdoor connection to the alfresco area.
The kitchen is a standout feature, pairing handleless high-gloss white cabinetry with a warm timber-look feature surround for a sophisticated designer finish. A generous stone island, gas cooktop, integrated oven, tiled splashback, and statement black pendant lighting combine style with functionality. Adding exceptional practicality, the full butler's pantry includes its own sink, dishwasher, and abundant storage - a highly sought-after inclusion rarely found in homes of this size.
A dedicated study near the entry offers valuable flexibility as a home office, study nook, retreat, or nursery. The master suite provides a peaceful escape, complete with a walk-in robe and a beautifully appointed ensuite featuring full-height tiling, a floating timber-look vanity, undermount basin, frameless shower, and quality chrome fixtures.
The remaining three bedrooms all include mirrored built-in robes, timber-look flooring, and large windows, serviced by a luxurious main bathroom with a freestanding bathtub, frameless shower, full-height tiling, and built-in niche.
Outside, the covered tiled alfresco flows effortlessly from the main living area to a low-maintenance backyard ready to personalise to your own taste. A designer laundry with custom cabinetry, double garage with internal access, and quality finishes throughout complete this impressive move-in-ready home.
FEATURES WE LOVE
• Brand-new designer home with striking contemporary street presence
• Four generous bedrooms plus flexible study/home office
• Luxe master suite with walk-in robe and hotel-inspired ensuite
• Stunning open-plan living and dining flooded with natural light
• Statement kitchen with stone island and designer timber feature cabinetry
• Full butler's pantry with additional sink, dishwasher, and exceptional storage
• Quality finishes throughout including large-format porcelain tiling
• Stylish main bathroom with freestanding bathtub and full-height tiling
• Covered tiled alfresco seamlessly extending the indoor living space
• Double garage with internal access
• Low-maintenance allotment with easy-care landscaping potential
• Ideal lock-up-and-leave lifestyle for families, professionals, downsizers, or investors
LOCATION HIGHLIGHTS
• Positioned in a peaceful, family-friendly pocket of sought-after Banksia Park, surrounded by parks, quality schools, and everyday convenience
• Approximately 20km from the Adelaide CBD with an easy commute via the nearby O-Bahn interchange
• Moments to Westfield Tea Tree Plaza, Modbury Triangle Shopping Centre, and local shopping at Banksia Park Shopping Centre
• Zoned for the highly regarded Banksia Park International High School and close to Banksia Park Primary School and St Francis Xavier's Regional Catholic School
• Enjoy weekends exploring the walking trails, nature reserves, and native bushland of Anstey Hill Recreation Park
• Close to Tea Tree Gully Library, medical centres, cafes, restaurants, and essential lifestyle amenities
• Just minutes from Modbury Hospital for added everyday convenience and peace of mind
• Brand new, beautifully built, and seriously move-in ready - this one is well worth a closer look.
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. Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Norwood RLA 278530
Property Details:
Council | TEA TREE GULLY
Zone | GN - General Neighbourhood
House | 197sqm(Approx.)
Land | 347sqm(Approx.)
Built | 2026
Council Rates | $2,595.55pa
Water | $TBC pq
ESL | $143.45pa
Listing description written by Rajwant Singh, Ray White Norwood — reproduced as published, not verified by Districts.