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SA › Balhannah › Darkana Rd

5 Darkana Rd, Balhannah SA 5242

House

$397,000

Last sold

14 Dec 2020

2

Bedrooms

1

Bathrooms

3

Car spaces

609 m²

Land

88 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 $397,000 (14 Dec 2020).(Recorded sale)
  • CalculationLand 609 m² against a 88 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Balhannah (last 5 years) with land size: median $837/m² of land (n=42). 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

$397,000

14 Dec 2020 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Balhannah (last 5 years) with land size have a median of $837/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Balhannah at a glance

1,815

People

$1,015,000

Median sale

$608/wk

Median rent

3.11%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Balhannah report →

Vs Balhannah

-60.9%

Median sale

Suburb $1,015,000

+4.85 pp

Gross yield

Suburb 3.11%

Suburb median $1,015,000 from 7 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

201720182020$335k$397k
  • Sold (recorded)
  1. Sold$397,00014 Dec 2020
  2. Listedprice unknowncompleted30 Nov 2020
  3. Sold$335,00013 Jan 2017
  4. Listedprice unknowncompleted20 Nov 2016

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 $608/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

Balhannah in one glance

Balhannah at a glance

1,815

People

$1,015,000

Median sale

$608/wk

Median rent

3.11%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Balhannah report →

Keep researching

  • Why Balhannah? Read the area thesis →
  • What else is on the market in Balhannah →
  • Other records on Darkana Rd →

Listing material

Listed by Adcock Real Estate

It Doesn't Get Better Than This...

It may sound cliche, but this much loved home is the very definition of 'neat as a pin' and the epitome of an ideal investment or first home opportunity.

Situated in a tightly held enclave, conveniently located one street back from the main road, the home was built in 1981 and presents a solid investment opportunity with potential to value-add with ease.

Two well-proportioned bedrooms, an eat-in kitchen, spacious living room with slow combustion heater, dual driveways and enough undercover parking for up to 3 vehicles; this property is quite genuinely the ideal investment opportunity as the current Vendor's would be willing to rent back for 4-6 months...which means no wait-time to secure a tenant!

Read the full description

Property features include:

- Light filled eat-in kitchen

- Two well-proportioned bedrooms - main bedroom with built-in robe

- Great storage / linen with external undercover access from laundry

- Dual driveways

- Low maintenance front garden planted with natives

- Masport slow combustion heater, ceiling fan & Daikin reverse cycle split system air conditioner to living room

- Slate & vinyl flooring throughout high traffic areas.

- Full length paved undercover entertaining area

- 2 x garden sheds (side by side)

- Undercover parking for 3 vehicles

- Fabulous corner allotment of some 609sqm

- A short stroll to the Balhannah Junction shopping hub, pub & bakery

Ideally suited to the young family, couple, first home buyer or retiree, this is a rare opportunity to secure a comfortable home in this sought after township at an exceptional price - it really doesn't get much better than this!

Adcock Real Estate - RLA66526

Andrew Adcock 0418 816 874

Nikki Seppelt 0437 658 067

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided.

The floor plan included in this marketing material is for illustration purposes only, all measurement are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified.

Listing description written by Andrew Adcock, Adcock Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Toilets: 1
Districts

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

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