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
$990,000–$1,050,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
345 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
Asking
$990,000–$1,050,000
Asking range · $2,870/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.
Vs Banksia Park
+16.4%
Median sale
Suburb $850,500
-0.53 pp
Gross yield
Suburb 3.77%
Suburb median $850,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$62,203 on top of the price (6.3% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Banksia Park's advertised median rent — not a rent for this listing.
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.
Planning
Planning data is being calculated
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
SAPlanning 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.
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
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.
Gross yield if leased at the suburb aggregate is 3.2%. 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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Norwood***Open Inspections cancelled, sorry for any inconvenience***
Brand new, beautifully finished, and built for the way modern life really flows, this stylish four-bedroom, two-bathroom residence offers a smart blend of design-led detail and easy everyday living in one of north-eastern Adelaide's most loved family pockets. Whether you are a first home buyer ready for a turn-key opportunity, a young family searching for a future-proof floor plan, a downsizer chasing low-maintenance lock-up-and-leave living, or an investor seeking quality in a sought-after suburb - 1B Derwent Crescent ticks every box.
Approach the home and a clean, contemporary streetscape welcomes you - a crisp smooth-rendered facade in fresh white, complemented by a sleek light grey corrugated Colorbond roof, oversized dark-framed windows, fresh-laid turf, and modern mulched garden beds with architectural plantings. A polished concrete driveway and modern fencing complete a low-maintenance kerb appeal that simply works.
Step inside and warm, light timber-look flooring draws you through a beautifully zoned interior. The open-plan living and meals zone forms the natural heart of the home, finished with crisp white walls, recessed downlighting, and oversized dark-framed sliding doors that open directly to the alfresco beyond.
The kitchen is, hands down, the showpiece. Designer two-tone cabinetry pairs warm timber-grain lowers with crisp white uppers, while a substantial timber-veneer island with white stone benchtop, built-in wine rack, open display shelving, classic white subway-tile splashback, gas cooking, integrated oven, and a striking black linear LED pendant over the island deliver as much function as form. A dishwasher and considered storage layout keep everyday life seamlessly tucked away.
A clever built-in study nook sits cleverly off the main living zone - an ideal spot for working from home, homework, or a tucked-away admin corner. The master suite is privately positioned with its own walk-in robe and a luxurious private ensuite, while the three additional bedrooms each feature built-in robes, soft neutral styling, light timber-look flooring, and oversized dark-framed windows that draw in beautiful natural light.
The main bathroom is a quiet standout - think a freestanding modern bathtub, frameless glass shower with niche, full-height neutral grey tiling, and a polished, hotel-style feel from floor to ceiling.
Step outside and a covered alfresco extends the home effortlessly - concrete flooring, white architectural columns, a crisp flat ceiling finished with recessed downlighting, and a generous sliding-door connection to the living zone. Fresh lawn, modern dark vertical-slat side fencing, and clean garden beds complete a private, low-maintenance backyard ready to enjoy from day one - with ample scope to add your own landscaping touch.
A practical laundry, a double garage with internal access, split-system air conditioning, and quality finishes throughout complete a home that is genuinely move-in ready, without compromise.
LOCATION
• Approximately 20km / 25 minutes to the Adelaide CBD, offering an effortless city commute while enjoying a peaceful foothills lifestyle
• Moments from major retail destinations including Westfield Tea Tree Plaza, Modbury Triangle and Banksia Park Shopping Village
• Positioned within close proximity to Banksia Park International High School, Banksia Park Primary School and St Francis Xavier Regional School, catering to families of all ages
• Enviably located near Anstey Hill Recreation Park and the Linear Park Trail network, delivering exceptional access to nature, walking and cycling experiences
• Excellent transport connectivity via the O-Bahn busway, providing fast and direct access to the Adelaide CBD, alongside nearby Tea Tree Gully Library and quality medical facilities
• Just minutes to Modbury Hospital and an established selection of cafés, dining options and everyday conveniences, ensuring outstanding lifestyle ease
A polished, brand new home - beautifully built and ready to call your own.
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 | 186sqm(Approx.)
Land | 345sqm(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.
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