Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Coromandel Valley › Banes Rd

5 Banes Rd, Coromandel Valley SA 5051

House

$1,073,000

Last sold

21 Dec 2022

4

Bedrooms

1

Bathrooms

2

Car spaces

1,334 m²

Land

257 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,073,000 (21 Dec 2022).(Recorded sale)
  • CalculationLand 1,334 m² against a 257 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Coromandel Valley (last 5 years) with land size: median $911/m² of land (n=86). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,073,000

21 Dec 2022 · derived via latest_sale

Local land rate: recorded House sales in Coromandel Valley (last 5 years) with land size have a median of $911/m² of land (n=86). Districts calculation from recorded sales — not a valuation.

Coromandel Valley at a glance

4,659

People

$1,190,000

Median sale

$667/wk

Median rent

2.91%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Coromandel Valley report →

Vs Coromandel Valley

-9.8%

Median sale

Suburb $1,190,000

+0.32 pp

Gross yield

Suburb 2.91%

Suburb median $1,190,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,073,00021 Dec 2022
  2. Listedprice unknowncompleted14 Nov 2022

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 $667/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

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

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

Coromandel Valley in one glance

Coromandel Valley at a glance

4,659

People

$1,190,000

Median sale

$667/wk

Median rent

2.91%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Coromandel Valley report →

Keep researching

  • Why Coromandel Valley? Read the area thesis →
  • What else is on the market in Coromandel Valley →
  • Other records on Banes Rd →

Listing material

Listed by Magain Real Estate

Family entertainer with sweeping valley views

Please contact Karen Heuer for further details.

The impressive home is set on the high side of the street and captures the spectacular, surrounding sweeping views on a generous allotment of more than 1,300 sqm (approx). The home boasts four bedrooms, beautifully proportioned multiple living areas with a sweeping balcony, capturing spectacular surrounding valley views. Enjoying your morning cuppa out there, will be pure bliss! The generous sized versatile floor plan will enhance anyone's lifestyle! Lovingly cared for and impeccably maintained by its current owners, this home is located in a sought after pocket of the Valley.

The driveway leads you to the impressive double storey home, with established gardens on both sides. Upon entering you are greeted by a welcoming entrance foyer which draws your eye to the featured staircase. The character of the home is enhanced by the height of the ceilings and decorative cornish design. The lower level of the home features the generous sized bedrooms. The centrally located modern bathroom is ideal for the growing family.

Read the full description

Ascend to the upper level where you will find the open plan living and dining area, with gas heater, adjacent to the kitchen. The kitchen offers quality appliances with sleek cabinetry and bench space. Impressive views are captured through the picture windows and double doors, inviting the beautiful leafy views from the outside in. Another living area with combustion heater, for those chilly nights, has access to the decked balcony, soaking up the surrounding valley views or choose to dine in the formal dining room. The multiple living areas provide the perfect space for your family to spread out and do their own thing. This generous design gives everyone the space they need. The open plan living area as well as formal dining flows seamlessly to the generous undercover entertainment area.

Step outside to the large entertainment area, which is an entertainer's paradise. The perfect area to spend some well deserved time with family and friends. The lush lawn area allows the kids and dogs to run around and enjoy. Adding further to the homes comfort and enjoyment is a powder room for guests.

A large detached shed with electricity, provides additional storage as well as the ideal space for a trades person in need of a workspace. Currently set up as a home gym. The garage with auto roller door door provides ample storage for all vehicles with dual rear roller doors that open through to the backyard.

Additional features:

-Ducted evaporative cooling for comfort

-Gas heater for those chilly nights

-Separate laundry with backyard access

-Storage under the stairs

Set in a tree-lined pocket of Coro with the conveniences of local amenities only a short distance away. The popular Bake Bakery and The Duck Inn is only a short drive away, with walking trails, local playgrounds and sporting facilities on your doorstep. Easy access to public transport makes any commute a pleasure.

Hills living, yet close to amenities. Experience the charm of this gorgeous home for yourself!

All floor plans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.

RLA 222182

Listing description written by Karen Heuer, Magain Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.