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 › Cottenham Rd
$690,000
Last sold
16 Nov 2023
3
Bedrooms
1
Bathrooms
5
Car spaces
690 m²
Land
108 m²
Building
Districts View
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
$690,000
16 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Banksia Park (last 5 years) with land size have a median of $876/m² of land (n=62). 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.
Vs Banksia Park
-18.9%
Median sale
Suburb $850,500
+0.87 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 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 Smith Partners Real EstateWelcome Home!
Conveniently located adjacent to Banksia Park Primary School, Pertaringa Oval and surrounding sporting clubs, this much-loved home seeks a new family to enjoy the many benefits on offer. Neat, tidy, and lovingly cared for by the current long-term owners, plus only two houses walk to the 542-bus stop, the property is ideally located to all services.
The backyard is an almost blank canvas of open space, teaming with opportunity for those wanting to create their own piece of paradise; with potential to extend the home, build shedding, or even install a pool (STCC). Alternatively, the block size, shape, level, and absence of significant trees will appeal to those looking to subdivide or develop now, or in the future (STCC). Inspect TODAY as this one will sell quickly!
PROPERTY HIGHLIGHTS:
• Popular schools, public transport options and great shopping facilities nearby
• Three spacious bedrooms, all with built in wardrobes
• Ducted reverse cycle heating / cooling throughout
• Contemporary kitchen with Bosch appliances, breakfast bench and plenty of cupboard space
• Allergen friendly floorboards and vinyl through main living areas, with carpet to bedrooms
• Solar panels to keep the electricity bills at bay
• Classy plantation shutters to main windows
• Family bathroom with bath, and separate toilet with adjacent laundry
• Expansive rear al fresco entertaining area
• New tinted laminate, aluminium windows to front of home
• Studio / office with sink and air conditioner, located within shed / garage
• Undercover parking for three cars, with additional onsite parking for two vehicles
• Established gardens with multiple fruit trees, expansive grassed area, aviary and rainwater tank
• NBN connected to the home
• Rental estimate $540-$560 per week
• Brick construction built in 1966 on 690m2 (approximately) allotment
• Future subdivision potential (STCC) with 18.29m (approximately) frontage
With such a great location and fabulous features, this property will sell QUICKLY!
SPECIFICATIONS:
CT - 5529/802
Council – Tea Tree Gully
Zoning - GN - General Neighbourhood
Built - 1965
Council Rates - $1,565.64/annum
SA Water - $153.70/quarter
ESL - $91.35/annum
Listing description written by Nicolle Davis, Smith Partners Real Estate — reproduced as published, not verified by Districts.