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 › Elizabeth St
$630,000
Last sold
30 June 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
665 m²
Land
258 m²
Building
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
$630,000
30 June 2021 · 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=63). 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
-25.9%
Median sale
Suburb $850,500
+1.31 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 1289 REAL ESTATEConstructed in 1995 and set on an allotment of 665m2 this expansive 4 bedroom, 2 bathroom, stunning 'American Colonial' style family home simply has to be explored to be fully appreciated.
Affectionally dubbed "the dolls house" this iconic home boats in excess of 280m2 of equivalent floor space spread across 3 levels. The main floor of the home includes a large casual meals & family room accompanied by the spaciously elegant & timeless kitchen with modern appliances, all encompassing picturesque views over the rear yard. Completing this level of the home is the generous formal dining room (or potential 5th bedroom / home office), laundry with seperate washroom/toilet, storage closet and last, but by no means least, the epically proportioned rumpus / lounge room.
Upstairs the main bathroom, seperate toilet, linen closet & 4 generous bedrooms are all centred around the 3rd of this homes generous lounge / family areas. As you would expect from a house of this scale the large private master suite features a well appointed ensuite & walk in wardrobe and is conveniently nestled away from the 3 remaining bedrooms, 2 of these have the inclusion of built in robes and all will comfortably accomodate double beds.
The Lower level of the residence houses the double garage with auto roller doors which has drive-thru access to the rear yard via a 3rd secure vehicle / trailer storage area (carport) and direct accesses the main floor via the internal staircase. A utility room within the garage houses the extraction system for the central vacuum system, with outlets located throughout the ground and second floor, while a second utility nook located under the stairs could also make for an ideal wine store. Rounding out this stunning home is the zoned, ducted reverse cycle air conditioning keeping you cosy year round and a brand new instantaneous gas hot water system with temperature controllers located both on the ground & second floor.
The idyllic location is equally as impressive as the residence itself, so you can leave your car in the garage as public transport is literally right on your doorstep connecting you to Tea Tree Plaza O'bahn interchange within just a few minutes while the highly renown Banksia Park International high school is almost right across the road.
Just a couple hundred metres in either direction is St Davids parish school or Banksia Primary, along with Tea Tree Gully Tennis Club and Tea Tree Gully Gym Sports or a 5 minute drive will see you at St Agnes shopping centre, Fairview Green Shopping complex or dining out at many of the great restaurants & bars in the area.
If a relaxing round at Tea Tree Gully Golf course or bush walking / mountain biking through the serene Anstey hill conservation reserve is more to your liking ... Guess what, they're also just a short 5 minute drive as is a range of activities to entertain the kids, such as the ever popular Waterworld aquatic centre and Modbury Skate plaza.
Why we know you'll love it :
• 4 generous bedrooms
• 3 large family areas
• 2 seperate dining area
• Spacious modern kitchen
• Ducted R/C air-conditioning
• Instantaneous gas hot water
• Entertainers deck
• Abundant storage space
• Iconic street appeal
• Location, Location, Location
You're sure to be the envy of your friends in this stunningly spacious, Iconic home in an undeniably idyllic location so don't delay, contact Richard Eversen from 1289 Real Estate today to help you make this gorgeous property your new "forever home".
Listing description written by Richard Eversen, 1289 REAL ESTATE — reproduced as published, not verified by Districts.
Also look at
22 Condada Dr, Banksia Park SA 5091
3-bed house. Asking $880K–$920K.
1b Derwent Cres, Banksia Park SA 5091
4-bed house for sale. Asking $990K–$1.05M.
209 Hancock Rd, Banksia Park SA 5091
3-bed house. Currently listed.
25A Grevillea Dr, Banksia Park SA 5091
0-bed land for sale. Asking $460K.