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
$1,048,000
Last sold
8 Nov 2024
5
Bedrooms
3
Bathrooms
8
Car spaces
1,459 m²
Land
217 m²
Building
Districts View
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
$1,048,000
8 Nov 2024 · 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
+23.2%
Median sale
Suburb $850,500
-0.71 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 Place 129 Real EstateWelcome to 523 Grenfell Road, Banksia Park. A traditional home brimming with promise, nestled within a serenely calm environment. This property is an opportunity just waiting to be transformed. It's a residence in need of that tender loving care, a little polish and refinement, to bring out the shine obscured by time.
This five-bedroom domicile is an ideal fit for families seeking room to grow, investors looking to add to their portfolio, or professionals craving for a tranquil retreat after a long day. It's an opportunity to reside in a vibrant, well-established suburb that has been carefully preserved over the years.
523 Grenfell Road is a multi-level home offering myriad living spaces. The property flaunts a flexible floorplan ensuring there is room for everyone. Formal living areas co-exist in harmony with open-plan spaces, creating an array of options for relaxation or entertainments. Each bedroom is spacious and offers built-in or walk-in robes, ensuring plenty of storage. The master suite comes with an ensuite bathroom, providing a personal retreat within the retreat.
The charm of the original shaker kitchen opens up to the main living areas, a design concept that encourages family interaction and participation. Loaded with large bay windows, the residence is awash with natural light, casting a warm glow on the carpet and tiled floors.
The outdoor space is as inviting as the interior, with a pergola and a tennis court beckoning for outdoor fun and enjoyment. A large shed provides extra storage, and the substantial parking space accommodates up to eight cars.
Living at 523 Grenfell Road means having easy access to quality education. The property is within walking distance of Banksia International High School, Banksia Park Primary, St David's Catholic School, Banksia Park School R-6, Fairview Park P.S, and Ridgehaven P.S. Local parks, shopping centres, and public transport services are all readily accessible, underscoring the convenience of this location.
Take a look at some of the extra features this property has to offer:
- Parking for up to 8 cars
- Built-in robes in each bedroom
- A walk-in robe in the master suite
- Huge dining & living spaces
- A large shed for extra storage
- Cellar
- Split systems through-out
- A private tennis court
- A separate laundry
This is a unique offering and we expect plenty of interest. So, don't delay! Secure this traditional beauty and let your creativity bring out its full potential.
To find out more contact Nicholas Bucco on 0431 197 972 or Paul Radice on 0414 579 011.
***The property is being offered to the market by way of Auction. The vendors are not releasing a price guide to the market.
We will be providing recent sales data for the area which is available upon request via email or at the open inspection.***
The vendor statement may be inspected at 129 Commercial Road, Port Adelaide for 3 consecutive days preceding the auction and at the auction for 30 minutes before it starts.
Specifications:-
CT / Volume 6128 Folio 655
Council / Tea Tree Gully
Zoning / General Neighbourhood
Internal / 217 m2 (approx.)
Land / 1459 m2 (approx.)
Council Rates / $TBA pa (approx.)
SA Water / $TBA pq (approx.)
ES Levy / $TBA pa (approx.)
Listing description written by Nicholas Bucco, Place 129 Real Estate — reproduced as published, not verified by Districts.