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 › Protea Ct
$585,000
Last sold
5 Sept 2022
4
Bedrooms
1
Bathrooms
4
Car spaces
983 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
$585,000
5 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Banksia Park (last 5 years) with land size have a median of $878/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
-31.2%
Median sale
Suburb $850,500
+1.71 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 Bruse Real EstateBUYERS LOOKING FOR A SUBSTANTIAL FAMILY HOME TO ENJOY FOR MANY YEARS WILL APPRECIATE THE LAYOUT OF THIS HOME. IT HAS EXCELLENT LIVING SPACES INCLUDING MULTIPLE STUDIO ROOMS AND WORK SHOP ROOMS. THERE IS ALSO A GREAT OPPORTUNITY TO MAKE SOME COSMETIC CHANGES THAT WILL MAKE IT YOUR OWN AND ADD EXTRA VALUE TO THE PROPERTY. IT TRULY IS A LOVELY HOME.
Set on a large 983m2 allotment on the end of a quiet no through cul de sac court with a dual access driveway on one side that lead to 2 separate carports and lots of extra parking. Perfect for a boat or caravan too.
SO MUCH LIVING ACCOMMODATION.
- Formal lounge room complimented by a lovely outlook over the front gardens through the feature bay window.
- Meal's area adjacent the kitchen.
- Main living room extension surrounded by glass and glorious views thanks to the devoted positioning.
- Living room and study room that would make a great children's retreat.
- Detached studio room.
- Detached workshop and storage rooms.
THERE ARE ENDLESS OPTIONS FOR THESE LIVING SPACES TO SUIT ALL BUYERS REQUIREMENTS.
RECENTLY UPGRADED KITCHEN.
Complete with modern appliances, walk in pantry, custom joinery with excellent storage and bench space. Even a servery to the main living room and the meals area is directly adjacent. Impressive!
- 3 to 4 bedrooms.
- Main bathroom.
- Separate WC.
Beautiful garden setting with an array of fruit trees and flowers. It is just stunning!
- Ducted gas heating.
- Ducted evaporative air conditioning (serviced yearly).
- Wood fire to the formal living room.
- Circling fans.
- Rain water tanks.
- Irrigation to gardens in part.
+ Much more.
It is set on a community title with the new home next door as the land was subdivided. It is self-managed and only a shared cost of the 1m2 common property area that sits on the house next door.
We look forward to seeing you at weekends advertised inspections. This home will sell quickly!
ZONED SCHOOLS
Banksia Park International High School
INFORMATION
Certificate Of Title: Volume 6171 Folio 444
Council: City of Tea Tree Gully
Zoning: GN – General Neighbourhood
Council Rates: $1585.30 per annum (approx.)
SA Water Rates: $147.64 per quarter (approx.)
Emergency Services Levy: $168.00 per annum (approx.)
Community Fees: Self managed, only insurance over the 1m2 of common property
Year Built: 1965
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. RLA 181689
Listing description written by Theon Bruse, Bruse Real Estate — reproduced as published, not verified by Districts.