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SA › Parafield Gardens › Salisbury Hwy

524 Salisbury Hwy, Parafield Gardens SA 5107

For saleHouse for Sale

$1,150,000

For sale

Asking

5

Bedrooms

2

Bathrooms

0

Car spaces

680 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000(Listing record · 14 Jan 2026)
  • CalculationAsk is 35% above the Parafield Gardens median recorded sale ($852,500, n=92, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Parafield Gardens's advertised median rent ($590/wk), implied gross yield would be 2.67% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

The ask against the evidence

Asking

$1,150,000

Asking · $1,691/m² of land

No recorded sale for this property.

Parafield Gardens at a glance

18,612

People

$852,500

Median sale

$590/wk

Median rent

3.60%

Suburb gross yield

Median sale from 92 recorded sales (last 12 months) — a Districts calculation.

See the full Parafield Gardens report →

Vs Parafield Gardens

+34.9%

Median sale

Suburb $852,500

-0.93 pp

Gross yield

Suburb 3.60%

Suburb median $852,500 from 92 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,150,000
Stamp Duty (South Australia)
$57,080
Transfer/Registration Fee
$11,903
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,222,683

$72,683 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Parafield Gardens's advertised median rent — not a rent for this listing.

Net yield
1.17%
Annual cashflow (pre-tax)
$-46,370
Interest cover (DSCR)
0.22
Annual rent
$30,680
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
2.67%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$1,150,000available14 Jan 2026

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 $590/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Parafield Gardens in one glance

Parafield Gardens at a glance

18,612

People

$852,500

Median sale

$590/wk

Median rent

3.60%

Suburb gross yield

Median sale from 92 recorded sales (last 12 months) — a Districts calculation.

See the full Parafield Gardens report →

Keep researching

  • Why Parafield Gardens? Read the area thesis →
  • What else is on the market in Parafield Gardens →
  • Other records on Salisbury Hwy →

Listing material

Listed by exp Australia SA

🏡 Grand Modern Family Entertainer on 655sqm with 21.3m Frontage – Perfect for Big Families & Upsizers

High-Exposure Location | Ideal for Home-Based Business | Luxury Family Living

Team Krish Gajera from eXp Realty proudly presents this near-new, high-exposure family residence in one of Parafield Gardens' most prominent and tightly held locations.

Built in 2021 and set on a generous 680 sqm (approx.) allotment with a wide 21.3m frontage, this impressive home offers the perfect blend of luxury living, business visibility, and long-term value — ideal for families, professionals, and home-based business owners alike.

Read the full description

With over 35,000 cars passing daily, this property provides exceptional exposure for those running or planning a home-based business such as:

✔ Hair & beauty salon

✔ Consulting or private office

✔ NDIS / allied health services

✔ Home studio or training space

✔ Florist or boutique operation

✔ Work-from-home professionals

✨ PROPERTY FEATURES

✅ Built in 2021 – modern design & quality craftsmanship

✅ Generous 655sqm allotment with 21.3m wide frontage

✅ 2.7m high ceilings for a grand, light-filled feel

✅ Ducted reverse-cycle heating & cooling throughout

✅ Elegant chandeliers & LED downlights

✅ Roller shutters for privacy & energy efficiency

✅ Security camera system

✅ Automatic front fence with double gate access

✅ Exposed aggregate driveway – excellent off-street parking

✅ Double garage with internal & rear access

🍽️ DESIGNER KITCHEN & LIVING

✅ Stone waterfall benchtops

✅ 900mm gas cooktop & oven

✅ Undermount rangehood with LED lighting

✅ Dishwasher & plumbed fridge provision

✅ Pendant lighting & tiled splashback

✅ Walk-in pantry + additional storage room

✅ Spacious open-plan living & dining area

🛏️ ACCOMMODATION & FLEXIBLE LAYOUT

✅ Luxurious master suite with walk-in robe & ensuite

✅ Floor-to-ceiling tiled bathrooms

✅ 3 additional double-sized bedrooms with BIRs

✅ Ceiling fans & timber laminate flooring

✅ Additional living room – ideal as:

✔ Home office

✔ Business consulting room

✔ 5th bedroom or studio

✅ Central bathroom + separate powder room

🌿 OUTDOOR ENTERTAINING

✅ Large undercover alfresco

✅ Gas BBQ connection

✅ Timber decking

✅ Low-maintenance landscaped yard

✅ 1.8m high fencing for privacy & security

☀️ ENERGY EFFICIENT & COST SAVING

✅ Solar panel system

✅ Solar inverter

✅ Two solar batteries – huge power savings

✅ Low-maintenance modern construction

📍 PRIME LOCATION – PERFECT FOR BUSINESS & FAMILY

📌 High exposure location – approx. 35,000 cars passing daily

📌 Walking distance to Martins Plaza (shops, café, medical, gym)

📌 Close to schools, childcare & community facilities

📌 Minutes to Mawson Lakes, UniSA & train station

📌 Easy access to main arterial roads

📌 Approx. 20km to Adelaide CBD

This is a rare opportunity to secure a high-quality home with business exposure, flexible living spaces, and long-term investment appeal — all in one of Parafield Gardens' most sought-after locations.

📞 Contact Krish Gajera – eXp Realty

📱 0425 132 642

🏆 Top 10 Agent in SA | Agent of the Year – Parafield Gardens

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 Krish Gajera, exp Australia SA — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 1

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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.