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 › Musgrave Ave
4
Bedrooms
3
Bathrooms
1
Car spaces
990 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
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 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.
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.
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 LJ Hooker WalkervilleLuxurious, light filled and large on living, this beautifully updated 4 bedroom home offers a lifestyle that is envied by most! Featuring perfect natural flow from the multiple internal living areas to the impressive outdoor entertaining area this home is sure to impress the whole family! Situated on a massive 990sqm (approximate) allotment with fantastic street appeal, this opportunity is not to be missed!
Features that make this home special:
Ground Level -
- Master bedroom with walk-in robe and ensuite
- Generous sized bedrooms 2 and 3, with wardrobe/built-in
- Large light filled open plan family/dining area with access to balcony
- Modern, stylish kitchen with stainless steel appliances, Westinghouse induction cooktop and double oven, puratap mixer, dishwasher and black composite granite sink
- Casual meals area adjacent kitchen
- Sparkling main bathroom with separate bath and shower + separate toilet
- Large undercover decked balcony with scenic views
Lower Level -
- Generous sized bedroom 4 with built-in robe and desk
- Huge second living/study area or teenage retreat with split system air conditioner
- Valuable third bathroom
- Separate laundry with storage room
- Paved verandah that wraps around to side pergola, ideal for outdoor entertaining
- Landscaped secure rear yard with moss rock retaining walls, shade house, a variety of fruit trees and a great play area for kids
- Single carport
- Parking for extra cars
Additional features -
- LED lighting throughout
- Full sand and polish floorboards throughout
- Ducted reverse cycle air conditioning on ground level
- Cellar
- Under house shed/workshop
- Alarm system for security
- Solar hot water
- Side driveway with access to rear yard
Located in the in-demand suburb of Banksia Park and only a short distance to Banksia Park International High School, Banksia Park Primary School and Kindergarten and Fairview Park Primary School. Only minutes' drive to all the shopping and entertainment that the newly refurbished Tea Tree Plaza has to offer. Tea Tree Gully Golf Course, Fairview Green Shopping Centre and public transport options are also nearby, the convenience and lifestyle on offer here is enviable.
For further information please contact Darren Cowey on 0439 160 161 or Robert Lonie on 0419 129 009 or 8269 7711 (office).
RLA 200591
Listing description written by Darren Cowey, LJ Hooker Walkerville — reproduced as published, not verified by Districts.
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