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 › Butler Cres
$615,000
Last sold
2 Jan 2024
3
Bedrooms
2
Bathrooms
5
Car spaces
700 m²
Land
161 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
$615,000
2 Jan 2024 · 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
-27.7%
Median sale
Suburb $850,500
+1.44 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 EstateIdyllic Family Foothills Living!
Positioned on the high side of leafy Butler Crescent, only a stone's throw from all modern essentials – this home presents a rare opportunity, which deserves your attention. With upgrades by Scott Salisbury Homes, including creation of an additional open plan living area, new kitchen and ensuite bathroom, this home has been transformed to suit the lifestyle contemporary family's desire.
A short walk to the local sporting precinct; home to Tea Tree Gully Football, Gymsports, Tennis and Netball Clubs, families will enjoy easy access to Banksia Park International High, Saint David's Primary, Banksia Park Kindergarten and Primary School. Minutes to St Agnes Shopping Centre, Fairview Green, Westfield Tea Tree Plaza, or The Grove Shopping Precinct, plus direct access to the city via the 541 O-Bahn bus routes. Act TODAY to secure this versatile home, as it will not last long!
PROPERTY HIGHLIGHTS:
• Scott Salisbury Homes extension, including new kitchen, ensuite bathroom, and additional living area completed in 2017
• Popular schools, public transport, and great shopping facilities nearby
• Three spacious bedrooms, with built in wardrobes to master and third bedrooms
• Sophisticated Scott Salisbury Chefs kitchen with Caesarstone benchtops, stainless steel appliances, including two ovens, dishwasher, and gas cooktop
• Kitchen also boasts walk in pantry, built in fridge / freezer, appliance nook, mirrored splashbacks, and three-way filter tap
• Economical ducted evaporative cooling throughout, plus reverse cycle split system to main living area
• Gas connection in front lounge ready for installation of an ambient gas fireplace should you desire
• Allergen friendly, easy-care floorboards throughout the home
• Multiple living areas ensure space for the whole family to enjoy
• Family bathroom with bath, separate toilet, and laundry
• Stylish Scott Salisbury Homes ensuite to master bedroom
• Expansive 2018 Stratco deck with insulated Cooldek verandah, great for year-round outdoor entertaining
• Undercover parking through automatic roller door for two cars, with additional onsite parking for three vehicles
• Established gardens with fully fenced space for kids to play ball and a garden shed
• NBN connected and existing Foxtel points
• Rental estimate $580-$600 per week
• Currently tenanted at $500 per week until May 2024
• Brick construction built in 1966 on 700m2 (approximately) allotment
• Future subdivision potential (STCC) with 23.75m (approximately) frontage
• No easements
Space, location, and stunning upgrades will ensure this home sells quickly, so ACT FAST!
SPECIFICATIONS:
CT - 5343/527
Council - Tea Tree Gully
Zoning - GN - General Neighbourhood
Built - 1966
Council Rates - $1,961.01/annum
SA Water - $160.03/quarter
ESL - $134.85/annum
Listing description written by Nicolle Davis, Smith Partners Real Estate — reproduced as published, not verified by Districts.
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