Parafield Gardens at a glance
18,612
People
$850,000
Median sale
$590/wk
Median rent
3.61%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
SA › Parafield Gardens › Lancaster Ave
3
Bedrooms
1
Bathrooms
1
Car spaces
710 m²
Land
182 m²
Building
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 Parafield Gardens (last 5 years) with land size have a median of $1,468/m² of land (n=111). Districts calculation from recorded sales — not a valuation.
Parafield Gardens at a glance
18,612
People
$850,000
Median sale
$590/wk
Median rent
3.61%
Suburb gross yield
Median sale from 93 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 $590/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
Parafield Gardens at a glance
18,612
People
$850,000
Median sale
$590/wk
Median rent
3.61%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodCapturing light-filled contemporary charm across a free-owing 3-bedroom footprint featuring a host of welcome updates, 24 Lancaster Avenue offers a range of exciting short and long-term options in this family-friendly pocket of Parafield Gardens.
Superbly comfortable as-is and equally perfect for couples with little legs on the horizon as much as a stellar investment letting you seize a highly-prized 713sqm parcel, enjoy a freshly painted home gliding over on-trend hybrid doors, and where a cosy lounge with charming timber panelling and cabinetry sits beside the open and airy combined kitchen and casual dining.
A spacious place to cook with company, this updated foodie's zone lets you whip-up delicious daily winners while keeping a close eye on the kids having the rule of the backyard. Headlined by a property-wide verandah and alfresco, the full size and scope of this huge allotment quickly reveals just how enticing it would be to seize such an opportunity.
With three cosy bedrooms, all featuring durable carpets and wide windows, and sparkling
contemporary bathroom with separate WC inviting household convenience for those looking to settle, the potential to redesign, rebuild or subdivide in the future is a major drawcard here that can't be overstated (STCC).
Wonderfully positioned arm's reach to the designer suburb of Mawson Lakes, a short stroll to the hugely popular Baltimore Reserve at the end of your street, a brisk walk to Parafileld Gardens Primary and High School, along with Martins Plaza around the corner, a quick zip to the bustling Parabanks Shopping Centre, or jump on the train and cruise to Adelaide CBD for traffic-free commutes - there's loads of lifestyle convenience tailor-made for the whole family!
FEATURES WE LOVE
• Light and bright formal lounge, as well as open and airy casual dining and kitchen
• Updated kitchen featuring great bench top space, abundant cabinetry, statement stone tile splashback, and backyard views
• Generous main bedroom with wide windows and durable carpets
• 2 additional ample-sized bedrooms, both also enjoying quality carpets and light-filled windows
• Crisp and clean contemporary bathroom with separate shower, bath, WC
• Practical laundry and hallway linen storage
• Sweeping outdoor entertaining with all-weather verandah
• Sprawling backyard with large garage/shed/workshop
• Set on a massive 710sqm (approx.) allotment inviting high-value potential to renovate, redesign, rebuild or subdivide in this rapidly growing northern pocket (subject to council conditions)
LOCATION
• The lush and leafy Baltimore Reserve, playground and dog park right at the end of your street
• Moments to Parafield Gardens Primary and High School for the easiest of school runs R-12
• Around the corner from Parafield Plaza and Martins Plaza for all your daily shopping essentials
• 6-minutes to central Mawson Lakes and 8 to Parabanks for great shopping and café options, as well as weekend entertainment
• Just 1.2km to Parafield Gardens Train Station letting you zip north to Elizabeth and Munno Para, or straight to the CBD in a traffic-free flash
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: 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 it starts.
Norwood RLA 278530
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.
Property Details:
Council | CITY OF SALISBURY
Zone | R\2
Land | 710sqm(Approx.)
House | 182sqm(Approx.)
Built | 1966
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Listing description written by Rajwant Singh, Ray White Norwood — reproduced as published, not verified by Districts.