Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
SA › Athelstone › Banksia Cres
4
Bedrooms
2
Bathrooms
2
Car spaces
720 m²
Land
265 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 Athelstone (last 5 years) with land size have a median of $1,674/m² of land (n=98). Districts calculation from recorded sales — not a valuation.
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 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 $620/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.
Nearby
Area
Athelstone at a glance
10,003
People
$1,140,000
Median sale
$620/wk
Median rent
2.83%
Suburb gross yield
Median sale from 35 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White NorwoodIn what is perhaps the most peaceful, whisper-quiet address in all of Athelstone - courtesy of its coveted position that straddles the gum-studded Black Hill Conservation Park teeming with magical birdlife and scenic views - 25 Banksia Crescent captures a sweeping original property of inspiring potential.
Set on a sweeping 720sqm allotment, this understated 4-bedroom family home will thrill those with the thought of renovating and rejuvenating their own property, and turn 80s charm into a stunning blend of contemporary footings-meets-modern function and finesse. Let your vision and architectural ambition explore a world of possibilities here as this versatile footprint features a spacious lounge and dining, as well as a second living zone all wrapping around the central, skylight-lit kitchen.
Together with 3 generous bedrooms nestled around a main bathroom, and a master placed for privacy and complete with WIR and ensuite; you'll find all the ingredients to re-imagine this ideal blueprint into an idyllic family haven. While for those on the hunt for a precious parcel to redesign and rebuild from the ground up (STCC) - few addresses anywhere in Adelaide's exclusive east offer such serene surrounds as this.
With a picture-perfect pocket that feels almost like you're in the hills, it's a worthy reminder that schools, local shops, and a vibrant cosmopolitan atmosphere sit right at your fingertips. Whether you need last-minute dinner items, making light-work of morning schools runs with Athelstone Primary, Saint Ignatius, and Charles Campbell College all 5-minutes from home, catching up with friends at Thorndon Park, the Rezz Hotel, or any one of the popular cafés at Newton Central… planting your feet in this blue-ribbon enclave promises the absolute brightest of futures.
FEATURES WE LOVE
• Double brick, well-maintained + mostly original 4-bedroom property nestled on an enticing 720sqm (approx.) allotment in this exclusive, residents' only enclave
• Incredible scope to renovate + refurb, as well as exciting scope to redesign from the ground up (subject to council conditions)
• Wide 21.3m Frontage
• Light-filled lounge + dining zone with lovely views across an elevated porch
• Bright + airy second living area joining the central + spacious kitchen with all the room for helping hands, skylights, great bench top space + excellent refurb potential
• Private main bedroom featuring WIR + ensuite
• 3 more generous bedrooms, all with handy BIRs
• Original bathroom with separate WC + huge original laundry with storage
• Ducted AC throughout + updated floating timber floors throughout living areas
• Sweeping outdoor entertaining area with charming timber pergola + verdant native gardens/trees
• Sizable shed/workshop + double carport entry
LOCATION
• Wonderfully peaceful surrounds with unrivalled access to scenic walking trails through Black Hill Conservation Park
• Around the corner from Athelstone Shopping Centre for all your last-minute essentials + quick café eats
• Moments from Athelstone Primary, Saint Ignatius + Charles Campbell College for excellent schooling options close by
• A quick zip to the Rezz Hotel, Thorndon Park Reserve + vibrant Newton Central
• Easy reach to Rostrevor, Firle Plaza + the Parade Norwood in under 15-minutes, as well as Paradise Interchange offering traffic-free commutes to the CBD
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 | CAMPBELLTOWN
Zone | HN - Hills Neighbourhood
Land | 720sqm(Approx.)
House | 265sqm(Approx.)
Built | 1975
Council Rates | $2212.15pa
Water | $228.33 pq
ESL | $183.45 pa
Listing description written by Linda Clemente, Ray White Norwood — reproduced as published, not verified by Districts.