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SA › Banksia Park › Milperra Ave

37 Milperra Ave, Banksia Park SA 5091

House

$1,200,000

Last sold

1 Oct 2024

5

Bedrooms

2

Bathrooms

2

Car spaces

3,176 m²

Land

351.03 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 $1,200,000 (1 Oct 2024).(Recorded sale)
  • CalculationLand 3,176 m² against a 351 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Banksia Park (last 5 years) with land size: median $878/m² of land (n=62). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$1,200,000

1 Oct 2024 · 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=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.

See the full Banksia Park report →

Vs Banksia Park

+41.1%

Median sale

Suburb $850,500

-1.10 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$1,200,0001 Oct 2024
  2. Listedprice unknowncompleted17 Sept 2024

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 Milperra Ave →

Listing material

Listed by Harris Real Estate Kent Town

Sweeping 5-Bedroom, Multi-Living Family Oasis.

A scenic escape defying its suburban locale, 37 Milperra Avenue – a sweeping and secluded 5-bedroom property nestled amongst picture-perfect privacy at the foot of the Adelaide Hills – captures incredible modern contemporary living across a free-flowing floorplan of unrivalled lifestyle ease.

With a solid brick exterior giving way to light-filled style and open-plan elegance, and where two full entertaining zones converge on the spacious, skylight-lit kitchen encourages company while you cook, whether it's handling the morning rush, delicious mid-week meals or fun-filled weekends where friends and family can easily transition from the pockets of social space inside, to the spectacular outdoors sailing beneath pitched pergolas. Get set for summer season barbeques overlooking the sparkling swimming pool, balmy twilight evenings with chilled vino in hand, to all the milestone birthdays – this jaw-dropping backyard lets you savour all the festivities you can handle.

Cosy nights with the kids are a top priority here too, with a toasty feature fireplace crowning the lofty formal lounge and dining zone, instantly inviting quality downtime and weekend movie-marathons. Delivering exceptional floorplan flexibility, versatile living options are a major drawcard here. With a bright and airy master bedroom at entry complete with generous walk-in robe and private ensuite, you'll find another 4 ample-sized bedrooms neatly clustered around the family bathroom spilling with natural light for no shortage of space and scope to customise exactly how you need to live.

Read the full description

At a time where beautiful, big block homes are quickly dwindling from the market, claiming such an estate promises impeccable value longevity. And despite this address' whisper-quiet positioning tucked away in the upper reaches of this much-loved enclave, Banksia Park Primary and High are cooee from your front door, along with local favourite cafés and tasty takeaway options, while a 10-minute zip to the bustling Tea Tree Plaza keeps you arm's reach to all the cosmopolitan convenience you could ever need.

Features you'll love:

- Beautifully light-filled semi formal lounge and dining spilling with natural light through gallery windows, feature fireplace and striking rafted ceiling

- Open-plan living, casual dining and spacious chef's zone with lovely views into the alfresco, fantastic bench top space, abundant cabinetry and cupboards, skylight, dishwasher and gleaming 900mm stainless oven and gas cook top

- Generous master bedroom featuring wide windows, WIR and ensuite for those all-important daily routines

- 3 additional ample-sized bedrooms, all with handy BIRs, and 4th bedroom or home office option

- Neat and tidy family bathroom with lots of natural light, separate shower and bath, as well as WC

- Practical laundry with storage, ducted AC throughout for year-round comfort

- Secure double carport opening to the sprawling outdoor entertaining with dual pergolas and ceiling fans for incredible entertaining potential

- Sunbathed swimming pool with bubbling spa bath inviting endless summer fun

- Staggering and private allotment set back from the street, seizing exceptional residential privacy

Location highlights:

- Scenically positioned below the Foothills with great access to the popular Anstey Hill Recreation Park for weekend walks and hikes with the kids

- Close to popular local cafés, restaurants and takeaway options for impromptu dinners and weekend treats

- A stone's throw to Banksia Park Primary and High for stress-free school runs

- Only 10-minutes to Tea Tree Plaza for all your social calendar catch-ups, department store and brand name outlets, cinema experience, as well as O-Bahn Interchange for hassle-free city-bound commutes

Specifications:

CT / 5333/6

Council / Tea Tree Gully

Zoning / GN

Built / 1981

Land / 3176m2 (approx)

Council Rates / $2,590.15pa

Emergency Services Levy / $173.05pa

SA Water / $210.77pq

Estimated rental assessment / $750 to $800 per week / Written rental assessment can be provided upon request

Nearby Schools / Banksia Park School R-6, Fairview Park P.S, Surrey Downs P.S, Ridgehaven P.S, Banksia Park International H.S

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 226409

Listing description written by Tom Hector, Harris Real Estate Kent Town — reproduced as published, not verified by Districts.

Property features

  • Outdoor Entertaining
  • Pool
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.