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SA › Banksia Park › Oleander Dr

23A Oleander Dr, Banksia Park SA 5091

House

$680,000

Last sold

22 June 2020

4

Bedrooms

2

Bathrooms

2

Car spaces

734 m²

Land

246 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 $680,000 (22 June 2020).(Recorded sale)
  • 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)

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

$680,000

22 June 2020 · derived via latest_sale

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

-20.0%

Median sale

Suburb $850,500

+0.94 pp

Gross yield

Suburb 3.77%

Suburb median $850,500 from 8 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$680,00022 June 2020
  2. Listedprice unknowncompleted16 Mar 2020
  3. Listedprice unknowncompleted16 Mar 2020

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

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

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 Oleander Dr →

Listing material

Listed by Edge Realty

Spectacular Modern Home Designed for the Avid Entertainer!

Your own private sanctuary set amongst the trees; this property perfectly combines convenient, contemporary living with peace and tranquillity.

The home is simply stunning with not a single detail overlooked from the high-end finishes and must-have inclusions through to the seamless indoor-outdoor living that perfectly showcases the natural surrounds. The layout is flexible and can be adapted to suit your needs with four bedrooms on offer while those who work from home could choose to have three bedrooms plus a study.

The entry features gorgeous on-trend flooring, a stunning modern chandelier and a tall ceiling, setting the tone for a truly special residence. Beckoning you further is the open-plan kitchen, family and meals zone with walls of sliding doors that draw the outdoors in.

Read the full description

A masterpiece in gourmet design, the kitchen will delight anyone with a passion for food and entertaining. A feature backsplash sits alongside high-end stainless steel appliances, a butler's pantry and a walk-in pantry while your guests can gather at the expansive breakfast bar while you prepare a delicious feast.

There's a formal lounge room with a projector and a screen which would suit a media room while outside, a huge covered alfresco with a gas kitchen and direct access to a gazebo with a bar awaits your next Sunday afternoon barbeque with friends. This outdoor space takes in views over the lush surrounds plus there's also a cubby ready for the kids.

The bedrooms are all spacious with three offering built-in robes including the master which also features a beautifully-appointed ensuite. A double vanity plus a separate bath, shower and a private toilet complete the main bathroom.

This magnificent home also boasts:

- On-trend plantation shutters throughout plus beautiful fixtures and fittings

- Ample built-in storage and a good-size laundry opening onto the side yard

- Gated access to a double garage with a panel-lift door and internal access to the home

- Aggregate concrete driveway plus paths and a second gated parking space

- Lush established gardens plus artificial turf for a low-maintenance lifestyle

This stunning home is perfectly positioned along a quiet cul-de-sac within easy reach of Banksia Park School R-7, Banksia Park International High School and Saint David's Parish School. Tea Tree Gully Golf Course is also only moments away and you're less than 30 minutes from the Adelaide CBD.

Council / City of Tea Tree Gully

Built / (approx)

Land / 734 sqm (approx)

Internal Living / 163sqm (approx)

Total Building / 246sqm (approx)

Easements / Subject to service easement

Council rates / $2103pa (approx)

Water rates / TBA pa (approx)

Es levy / TBA pa (approx)

Approx rental range / $450 - $500p/w

Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.

Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Toilets: 2
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.