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 › Joanne Tce
$700,000
Last sold
22 Oct 2025
3
Bedrooms
1
Bathrooms
6
Car spaces
684 m²
Land
101 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
$700,000
22 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Parafield Gardens (last 5 years) with land size have a median of $1,475/m² of land (n=110). 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.
Vs Parafield Gardens
-17.6%
Median sale
Suburb $850,000
+0.77 pp
Gross yield
Suburb 3.61%
Suburb median $850,000 from 93 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 $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 HillcrestNestled in a peaceful street just moments from the sought-after Parafield Gardens School, this versatile and inviting home presents a unique opportunity. Whether you're a growing family seeking a spacious backyard or an investor looking to expand your portfolio, this property ticks all the boxes.
Built in 1981, this charming residence is set on a generous 684m² (approx.) allotment and features:
-3 bedrooms, two with built-in robes
-A neat and functional main bathroom with a separate toilet
-A well-maintained kitchen with ample storage
-An L-shaped lounge and a dedicated dining area
-A convenient laundry
Key Features:
-Generous 684m² (approx.) land size
-Potential for subdivision (S.T.C.C.)
-Split reverse-cycle air conditioning in the master bedroom
-Carpets in all bedrooms for added comfort
-Ideal location close to schools, shops, and transport
This family-friendly location offers proximity to public transport, quality schools, Hollywood Plaza shopping centre, walking trails, and scenic reserves. With easy access to Port Wakefield Road and the Northern Expressway, you'll enjoy seamless connectivity to the CBD and beyond.
As the area continues to experience growth and development, this is an opportunity you don't want to miss.
Contact Baldeep today on 0433 576 144 to arrange a viewing or learn more!
While we have made every possible effort to ensure that the information provided is accurate, Ray White Hillcrest accepts no liability for any inaccuracies or exclusions (including but not limited to a property's land size, floor plans and size, overall condition). We recommend that if you are interested, to make your own inquiries and obtain your own legal advice where necessary.
RLA: 319212
Listing description written by Baldeep Dang, Ray White Hillcrest — reproduced as published, not verified by Districts.