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 › Grenfell Rd
$1,130,000
Last sold
16 June 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
813 m²
Land
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
$1,130,000
16 June 2025 · 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
+32.9%
Median sale
Suburb $850,500
-0.94 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 OCSet on approximately 813 sqm of land with a feature creek setting and surrounded by botanical beauty. Extensively renovated to exacting standards, under floor heating, butlers pantry. A private oasis overlooking Tee Tree Gully Golf Course.
If you're looking to extend your family and space, then we're happy to inform you that the vendor has planning consent approval for an addition of a 4th bedroom with ensuite and family room. So now your whole family can enjoy this iconic location and lifestyle.
The Features
External:
- Fully monitored Metricon pest & termite system
- Automatic & app - controlled sprinkler system to entire garden
- Smart B-hyve system
- Secure family and pet friendly fencing
- 12.035kw solar system
- 5kw invertor
- Roof repointed & repainted
- Metal gutter guard in all gutters
- Roller shutters on all front windows
- New fly screens on all windows
- 2 x new auto roller doors to garage under main roof with 4 remotes
- Keyless entry front door (fully programmable via the app)
- EUFY WIFI camera system externally. Operated from app with 6 cameras
- WIFI extender at house to ensure the shed has WIFI for irrigation
INTERNAL
- Daikin ducted heating & cooling
- Extensive and meticulous updates from October 2023 including
- All insulation was removed & replaced during renovation
- New floors & underlay
- New kitchen & appliances
- Under floor heating in both upstairs bathrooms
- Epoxy floor in double garage
- Plantation shutters in lounge & study area
- Full property re wire & switchboard upgrade during recent renovations
- Storage behind 3rd bedroom wardrobe (single bed room)
- Roof storage above walk in robe if needed
WHAT WE LOVE:
- Work from home (front study) capturing the northern sun or in the rear dining/family area and admire the botanical beauty and the flittering of the birds in the garden
- Sitting in the backyard, you could be in the middle of a wilderness retreat
- Enjoy the Golf Club either by playing or enjoying an exceptional meal at Dimples Restaurant or just a drink (extensive wine list and Friday happy hour is not to be missed )
- Other locate eateries include Fox and Firkin, Tea Tree Gully Hotel , Frenchie's, Ruby Raja, Monson all nearby - Sitting out the back in the Bali lounge watching the birds bounce around
- The tranquillity of the creek flowing when it rains
- Lots of different places in the garden to escape & think/relax
Certificate of Title - 5607/904
Council – Tea Tree Gully
Zoning - General Neighbourhood
Year Built - 1988
Land Size - 813sqm (approx)
Total Build area - 264sqm (approx)
Council Rates - $2,530.10pa (approx)
SA Water Rates - tbc
Emergency Services Levy –$173.05pa (approx)
All information or material provided has been obtained from third party sources and, as such, we cannot guarantee that the information or material is accurate. Ouwens Casserly Real Estate Pty Ltd accepts no liability for any errors or omissions (including, but not limited to, a property's floor plans and land size, building condition or age). Interested potential purchasers should make their own enquiries and obtain their own professional advice.
OUWENS CASSERLY - MAKE IT HAPPEN™
RLA 275403
Listing description written by Andrew Simpson, OC — reproduced as published, not verified by Districts.
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