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 › Parkway Circuit
$760,000
Last sold
22 July 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
375 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
$760,000
22 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Parafield Gardens (last 5 years) with land size have a median of $1,465/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
-10.6%
Median sale
Suburb $850,000
+0.43 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 ProspectBuilt in the early 2000's and maintaining its contemporary charisma is this quaint three bedroom picket fence abode, with charming and spacious outdoor entertaining and sparkling, beautifully kept interiors of equal quality.
Step inside where three carpeted and sunlit bedrooms accommodate cosy and private spaces, and an ensuite bathroom and walk-in wardrobe in the master. A central bathroom with a bathtub caters to all other personal needs of guests and residents.
The communal area blends the kitchen, living and dining rooms open plan, with the kitchen and the crown boasting integrated appliances and beautiful bay windows in the living room. From here, indoor/outdoor living is seamless with access to the mostly enclosed alfresco entertaining space stemming directly from the dining room. A large pitched roof pergola extends all the way to the rear of the property with neat paving underfoot, plus cafe blinds, a ceiling fan, built-in bench seating and bar fridge, plus provisions for a wall mounted television.
With parking for multiple vehicles in the elongated carport, ducted cooling throughout and a gas heater, comfort and convenience are assured at 48 Parkway Circuit - a pretty, polished and low fuss home.
Additional Features:
• Blinds on all windows
• Various linen/storage cupboards throughout
• Simple laundry room with external access
• Well landscaped gardens in the front and backyards
• Garden shed in the backyard
• Close proximity to multiple shopping centres
• Various parks and green spaces within walking distance
• Nearby schools include: Endeavour College, Holy Family Catholic School, Parafield Gardens R-7 School, Parafield Gardens High School, Paralowie School, Riverdale Primary School, Salisbury High School, The Pines School, Thomas More College
Disclaimer: Please note that all the information that has been provided for this property has been obtained from sources we believe to be accurate. We cannot guarantee the information is accurate, however, and we accept no liability for any errors or omissions - including, but not limited to the property's land size, floor plans & dimensions, build size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice.
As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
Listing description written by Stefan Siciliano, Ray White Prospect — reproduced as published, not verified by Districts.