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SA › Parafield Gardens › Whites Rd

492 Whites Rd, Parafield Gardens SA 5107

For saleHouse for Sale

$739,000–$799,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

1

Car spaces

608 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $739,000–$799,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $739,000–$799,000(Listing record · 6 July 2026)
  • CalculationLand 608 m² against a 146 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 13% below the Parafield Gardens median recorded sale ($850,000, n=93, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Parafield Gardens's advertised median rent ($590/wk), implied gross yield would be 4.15% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$739,000–$799,000

Asking range · $1,215/m² of land

No recorded sale for this property.

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.

See the full Parafield Gardens report →

Vs Parafield Gardens

-13.1%

Median sale

Suburb $850,000

+0.54 pp

Gross yield

Suburb 3.61%

Suburb median $850,000 from 93 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$739,000
Stamp Duty (South Australia)
$34,475
Transfer/Registration Fee
$7,598
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$784,773

$45,773 on top of the price (6.2% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Parafield Gardens's advertised median rent — not a rent for this listing.

Net yield
2.65%
Annual cashflow (pre-tax)
$-18,833
Interest cover (DSCR)
0.51
Annual rent
$30,680
Operating expenses
$11,085
Loan amount
$591,200
Annual interest
$38,428
Gross yield
4.15%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$739,000–$799,000available6 July 2026

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 $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.

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

Gross yield if leased at the suburb aggregate is 4.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Parafield Gardens in one glance

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.

See the full Parafield Gardens report →

Keep researching

  • Why Parafield Gardens? Read the area thesis →
  • What else is on the market in Parafield Gardens →
  • Other records on Whites Rd →

Listing material

Listed by Ray White Paradise

Comfort Today, Opportunity Tomorrow on 608sqm (approx.) Corner Block.

When flexibility, future potential and a well-positioned corner allotment align, opportunities like 492 Whites Road become hard to ignore. Claiming a valuable 608sqm (approx.) parcel in this fast-growing northern pocket, this is a property that lets you move in, lease out, renovate, extend or explore subdivision possibilities (STCC) - all while securing a foothold in a location continuing to attract strong buyer demand.

As it stands, the home offers a comfortable and dependable base with a practical three-bedroom footprint and a layout that functions as good as it feels. A light-filled lounge flows through to the updated kitchen and meals area, while built-in robes to two bedrooms, gleaming central bathroom and split-system air-conditioning in the kitchen add immediate liveability without lifting a finger. Outside, the expansive north-facing backyard opens the door to endless possibilities, whether that's creating a dream outdoor entertaining space, extending the existing home or simply giving kids and pets room to roam.

And while the future scope is undeniable, the lifestyle offerings in Parafield Gardens continue to grow. Walk the kids to The Pines Primary, grab daily essentials from Martins Plaza, or make the short trip to Hollywood Plaza and Parabanks for shopping, dining and entertainment. Nearby reserves provide plenty of space to stretch your legs, while easy access to the Northern Connector keeps the wider city within easy reach. It's a location that combines everyday convenience with long-term appeal, making this a smart move no matter which path you choose.

Read the full description

FEATURES WE LOVE

• Superb corner block resting on a 608sqm (approx.) parcel inviting exciting renovated, extension, redesign or sub-division possibilities (subject to council conditions)

• Light + bright lounge with wide windows + electric heating

• Open + airy combined casual meals + updated contemporary kitchen featuring great bench space, crisp cabinetry, all-electric appliances

• 3 comfortable bedrooms, two featuring handy BIRs

• Sparkling updated family bathroom with additional WC for added household convenience

• Expansive paved outdoor patio area overlooking lush north-facing lawns

• Sizeable garage/workshop, long gated driveway + carport out front

LOCATION

• Moments to Leaf Street Reserve + Andrew Smith Drive Oval

• A brisk walk to The Pines Primary, Parafield Gardens High little more than 2km from your door

• Around the corner from Martins Plaza, 5-minutes to Hollywood Plaza + 10 to bustling Parabanks for great shopping, café + weekend entertainment options close to home

• 5-minutes to Parafield Gardens Train Station for hassle-free commutes, or jump on the Northern Connector + hit Munno Para, Elizabeth City Centre or Adelaide CBD in a flash

Disclaimer: 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.

Norwood RLA 278530

Property Details:

Council | Salisbury

Zone | General Neighbourhood

Land | 608sqm(Approx.)

House | 146sqm(Approx.)

Built | 1986

Council Rates | $TBC pa

Water | $TBC pq

ESL | $TBC pa

Listing description written by Ryan Stapleton, Ray White Paradise — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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