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
$880,000
Last sold
18 June 2026
4
Bedrooms
1
Bathrooms
5
Car spaces
700 m²
Land
202 m²
Building
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
$880,000
18 June 2026 · 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
+3.5%
Median sale
Suburb $850,500
-0.13 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 exp Australia SAIf you love nature and have always dreamed of country living, but also love the convenience of the suburbs .... then this is the home for you.
Set on a very generous land holding of approximately 700m2 providing room for the whole family to enjoy and surrounded by nature, this home is full of character and charm.
Listen to the Kookaburras and native birds sing whilst you enjoy your morning coffee. Enjoy a glass of wine by the fire in the evenings whilst you wind down for the day, and enjoy entertaining with family and friends in the amazing outdoor area.
This is more than a house, this is a home that you will love to call your own.
All of this conveniently positioned within walking distance to the Tea Tree Gully Golf Course, Gunda Reserve Playground and BMX track, Banksia Park R-6 School, Banksia Park International High School, local Kindy and Early Education Centre, Fairview Green Shopping Centre, Fairview Park School and walking trails. Plus public transport is just a minutes walk away that takes you to everything mentioned above including Tea Tree Plaza and the world famous O-Bahn taking you to the CBD. The local Soccer and Tennis Clubs are close by as well as the Tea Tree Gully Pub, Fox and Firkin and several other places to wine and dine.
So come and take a look at one of our many scheduled opens and come ready to buy as this property will sell fast.
NOTE: SALE IS BY WAY OF BEST AND HIGHEST OFFER BY WEDNESDAY THE 17TH OF JUNE 2026 BY 12PM.
FEATURES INCLUDE:
* Built in 1969.
* Solid brick construction.
* New Colorbond roof with gutter guard.
* 700m2 Land size (appx).
* 202m2 Total living area (appx).
* Ducted air conditioning and gas heating.
* Solid timber floor boards throughout.
* 4 Bedrooms, 3 with robes.
* Ceiling fans in bedrooms 1, 2 and 3.
* Formal entry room.
* Lounge room with large windows for natural light.
* Gorgeous stone mantle with wood look gas heater in lounge.
* Open plan kitchen and dining.
* Updated kitchen with gas cooking.
* Walk in pantry in kitchen.
* Large sunken family room / 4th bedroom.
* Update bathroom with bath.
* Separate toilet.
* Updated laundry room.
* Awesome outdoor entertaining area with fan.
* Large detached rumpus room with r/c a/c split system.
* Outdoor fire place with chimney.
* Large rear yard for children and pets enjoy.
* Surrounded by nature.
* Close to everything plus much more.
We look forward to seeing you at one of our several open homes. Come prepared to make an offer as this home must be sold and is exceptional value.
NOTE: SALE IS BY WAY OF BEST AND HIGHEST OFFER BY WEDNESDAY THE 17TH OF JUNE 2026 BY 12PM.
(We will collect initial offers by Tuesday the 16th at 12pm and then we will call back all buyers that have made an offer and provide all buyers with a ranking on price and conditions before giving everyone a chance to place a best and final offer by the Wednesday where we expect to sell).
Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Listing description written by Bjorn Kunzel, exp Australia SA — reproduced as published, not verified by Districts.