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SA › Banksia Park › Condada Dr

22 Condada Dr, Banksia Park SA 5091

For saleHouse

$880,000–$920,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

3

Car spaces

770 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $880,000–$920,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $880,000–$920,000(Listing record · 3 Aug 2026)
  • CalculationRecorded House sales in Banksia Park (last 5 years) with land size: median $878/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 3% above 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 3.64% — 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

$880,000–$920,000

Asking range · $1,143/m² of land

No recorded sale for this property.

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.

See the full Banksia Park report →

Vs Banksia Park

+3.5%

Median sale

Suburb $850,500

-0.13 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

Based on the low end of the asking range, not a contract price.

Purchase Price
$880,000
Stamp Duty (South Australia)
$42,230
Transfer/Registration Fee
$9,068
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
$934,998

$54,998 on top of the price (6.2% 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

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.

Net yield
2.14%
Annual cashflow (pre-tax)
$-26,928
Interest cover (DSCR)
0.41
Annual rent
$32,032
Operating expenses
$13,200
Loan amount
$704,000
Annual interest
$45,760
Gross yield
3.64%

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$880,000–$920,000available3 Aug 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 $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.

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 3.6%. 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 Condada Dr →

Listing material

Listed by First National Real Estate Burton Groves

BEAUTIFULLY UPDATED FAMILY HOME WITH SPACE, STYLE & VIEWS

Excellent in presentation and immaculate throughout, this beautiful family home is set in a highly desirable location and is sure to impress the most discerning buyer. Attractive French doors open to the formal lounge, while the stunning updated modern kitchen includes a dishwasher, gas cooktop, huge walk-in pantry and ample bench and cupboard space overlooking a casual meals/dine area. There are three spacious bedrooms, all with the convenience of built-in robes and serviced by a superbly updated main bathroom. Other features include fantastic solid timber polished floorboards throughout, LED downlights, updated linen cupboards, a ceiling fan, gas ducted heating and ducted cooling.

Amazing distant coastal views can be enjoyed while entertaining family and friends on the elevated, decked, gable-roofed undercover entertainment area. Undercover parking for up to three vehicles is provided by a double-length carport with auto-door and drive-through access to an approx. 7.3m x 3.5m lock-up solid brick garage with power connected, ideal for the handyperson or as a great storage area.

Outside also offers a lockable under-house storage area with concrete floor and a large underground rainwater tank with a pump connected to front and rear garden taps to help contribute to your outdoor watering needs. Established, delightful low-maintenance gardens complete this excellent family package, all set on a generous approx. 770sqm allotment with a lawn area that provides plenty of room for kids and pets to play.

Read the full description

Conveniently located close to Fairview Green Shopping Centre, Centro St Agnes Shopping Centre, local restaurants, fantastic reserves, public transport, Tea Tree Gully Golf Course, Banksia Park International High School, Fairview Park Primary School, St David's Primary, tennis courts and medical centres. Westfield Tea Tree Plaza Shopping Centre and the O-Bahn are only minutes away, providing a direct transport link to the city.

RLA 1866..

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at our office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before commencement.

Listing description written by Connie Tripodi, First National Real Estate Burton Groves — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Living Areas: 1
  • Outdoor Entertaining
  • 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.