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SA › Paralowie › Gerrard Ave

2 Gerrard Ave, Paralowie SA 5108

House

$765,000

Last sold

21 Feb 2026

3

Bedrooms

1

Bathrooms

0

Car spaces

606 m²

Land

178.08 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $765,000 (21 Feb 2026).(Recorded sale)
  • CalculationRecorded House sales in Paralowie (last 5 years) with land size: median $1,296/m² of land (n=130). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$765,000

21 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Paralowie (last 5 years) with land size have a median of $1,296/m² of land (n=130). Districts calculation from recorded sales — not a valuation.

Paralowie at a glance

18,364

People

$779,000

Median sale

$582/wk

Median rent

3.88%

Suburb gross yield

Median sale from 105 recorded sales (last 12 months) — a Districts calculation.

See the full Paralowie report →

Vs Paralowie

-1.8%

Median sale

Suburb $779,000

+0.08 pp

Gross yield

Suburb 3.88%

Suburb median $779,000 from 105 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$765,00021 Feb 2026
  2. Listedprice unknowncompleted2 Feb 2026

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 $582/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

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

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

Paralowie in one glance

Paralowie at a glance

18,364

People

$779,000

Median sale

$582/wk

Median rent

3.88%

Suburb gross yield

Median sale from 105 recorded sales (last 12 months) — a Districts calculation.

See the full Paralowie report →

Keep researching

  • Why Paralowie? Read the area thesis →
  • What else is on the market in Paralowie →
  • Other records on Gerrard Ave →

Listing material

Listed by exp Australia SA

🔥 RECORD-BREAKING RESULT – SOLD AT AUCTION! $765,000🔥11 Bidders

🔥 RECORD-BREAKING RESULT – SOLD AT AUCTION! 🔥

Team Krish Gajera from eXp Realty has once again delivered an outstanding result at 2 Gerrard ave Paralowie

🏡 Property Highlights & Campaign Success:

Read the full description

✅ Sold Price: $765,000

✅ 11 Registered Bidder (10 of them still Looking to purchase )

✅ Total Buyer Enquiries: 78

✅ Facebook Engagement: 762 link clicks

✅ Facebook Impressions: 41,500+

✅ Multiple qualified buyers still actively looking in Paralowie

📞 Thinking of selling?

Now is the perfect time to take advantage of this strong market!

Contact your local area expert – Krish Gajera (eXp Realty)

📲 0425 132 642 | 🌐 Living Locally, Selling Locally

🏡 AUCTION ALERT – 2 Gerrard Avenue, Paralowie

Corner Block | 606sqm on Title | Subdivision Potential (STCC)

📑 Form 1 available on request

📞 Call Krish Gajera – 0425 132 642

📧 krish.gajera@expaustralia.com.au

Developers, investors & land-bankers — this is the value-add opportunity you've been waiting for!

Positioned on a prime corner allotment of 606sqm (approx.) on title, this 1977-built home is livable but requires renovation, making it ideal for buyers focused on land value and future development potential.

🔥 AUCTION DETAILS

🗓 Saturday 21st February

⏰ 12:15 PM (On-Site)

📍 2 Gerrard Avenue, Paralowie

✅ Vendor is happy to accept:

✔️ 5% deposit

✔️ Flexible settlement – 60 to 75 days (to suit buyers)

💡 Why this property is a must-buy:

✔️ Corner block – flexible design options

✔️ 606sqm (approx.) on title

✔️ Potential to subdivide into 2 allotments (STCC)

✔️ No easement (subject to confirmation) – maximise development flexibility

✔️ Solid 3-bedroom home – rent out or renovate while planning

✔️ Secure fencing all around

✔️ Property will be vacant at settlement

✔️ Strong rental demand & redevelopment activity in the area

📍 Prime Location Benefits:

✔️ Close to Paralowie Village Shopping Centre

✔️ Minutes to local schools & childcare facilities

✔️ Easy access to public transport

✔️ Convenient access to main arterial roads

✔️ Surrounded by ongoing new developments

🔔 Important:

Corner allotments with genuine subdivision potential are becoming increasingly rare in Paralowie.

If you're looking to build, develop, land bank or add value, this is your opportunity.

👉 Get your finance ready and be prepared to bid on auction day. Opportunities like this do not last long!

Bring your tools and vision.

This is a pure value-add opportunity for developers, investors, and land-bankers looking to secure a corner allotment with genuine future upside.

Set on a corner block of 606sqm on title, this 1977-built home is livable but dated and requires significant renovation or redevelopment, making it ideal for buyers focused on land value and development potential.

🏗️ Why Developers Will Love It

✅ Corner block – flexible design options

✅ 606 m2

✅ Potential to subdivide 1 into 2 allotments (STCC)

✅ Secure fencing all around

✅ Strong demand area for new builds

🏠 Existing Dwelling (Holding / Interim Use)

✔️ 3 bedrooms

✔️ 1 bathroom

✔️ Original 1977 construction

✔️ Tiled roof

✔️ Livable condition but needs extensive work

✔️ Ideal for renovation, removal, or land value play

📍 Established and high-demand suburb

🛍 Close to shopping centres, schools & parks

🚆 Easy access to public transport

🛣 Convenient access to main arterial roads

🏗 Surrounded by ongoing redevelopment

📈 Strong buyer & rental demand

🔔 AUCTION DETAILS

🗓 Saturday 21st February

⏰ 12:15 PM (On-Site)

💡 Corner blocks with 606sqm on title and subdivision potential are rare.

Inspect, assess, and be ready to act.

📞 Developers & investors — this is land, location, and upside in one.

🔥 Act Fast – Opportunities Like This Are Rare!

Whether you're looking to develop, invest, or land bank, this property ticks all the right boxes.

📞 Call Krish Gajera today on 0425 132 642

📧 krish.gajera@expaustralia.com.au

📝 Submit your offer here:

👉 https://bit.ly/3r3UfDs

Proudly presented by Team Krish Gajera – eXp Realty

🏆 Top Agent in SA

🌏 90,000+ agents worldwide

🚀 The fastest growing real estate company globally

Thinking of selling?

💡 Find out what your home is worth today:

👉 https://form.jotform.com/krishgajera/BookNow

Additional Details:

Dwelling Size: 178 sqm (approx.)

Land size:606 m2

Year Built: 1977

Council Area: City of Salisbury

Zone: General Neighborhood Zone

Title: Torrens

RLA 300 185 | 313 008

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Disclaimer:

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Listing description written by Krish Gajera, exp Australia SA — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
  • Toilets: 1
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.