Parafield Gardens at a glance
18,612
People
$850,000
Median sale
$590/wk
Median rent
3.61%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
SA › Parafield Gardens › Spencer St
$720,500
Last sold
23 Nov 2025
3
Bedrooms
1
Bathrooms
4
Car spaces
313 m²
Land
136 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
$720,500
23 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Parafield Gardens (last 5 years) with land size have a median of $1,465/m² of land (n=110). Districts calculation from recorded sales — not a valuation.
Parafield Gardens at a glance
18,612
People
$850,000
Median sale
$590/wk
Median rent
3.61%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
Vs Parafield Gardens
-15.2%
Median sale
Suburb $850,000
+0.65 pp
Gross yield
Suburb 3.61%
Suburb median $850,000 from 93 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 $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.
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
Parafield Gardens at a glance
18,612
People
$850,000
Median sale
$590/wk
Median rent
3.61%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia SAAuction Location: ON SITE
⏰ AUCTION THIS SUNDAY, 23 NOVEMBER AT 2:30 PM!
🏡 5B Spencer St, Parafield Gardens – Modern, Low-Maintenance Living in a Prime Location!
This is your final chance to secure this beautifully presented 3-bedroom, 1-bathroom home, offering easy-care living in one of Parafield Gardens' most convenient pockets — perfect for first-home buyers, downsizers, and investors looking for a move-in-ready property with great long-term value.
The vendors are fully motivated and ready to sell this weekend — and to encourage bidders, they are happy to accept a 5% deposit and offer 30-day settlement terms. Buyers are urged to attend and bid with confidence!
📞 To request the Form 1 or any further details, contact Krish Gajera – 0425 132 642
📧 Email: krish.gajera@expaustralia.com.au
🔥 Don't miss out — homes like this in Parafield Gardens get snapped up fast!
Team Krish Gajera from eXp Realty — Agent of the Year in Parafield Gardens for the last 3 years in a row (by RateMyAgent) — proudly presents this beautifully maintained 3-bedroom home, offering the ideal blend of comfort, convenience, and low-maintenance living. Set on a 313m² (approx.) allotment in a peaceful yet central location, this property is perfect for first-home buyers, downsizers, or investors looking to secure an easy-care lifestyle close to schools, transport, and shopping.
Enjoy a modern kitchen, light-filled interiors, and a generous outdoor entertaining space — everything you need to move straight in and start living. The vendor is highly motivated and ready to sell before auction — so act fast to secure this gem!
📅 Auction: Sunday 23rd November at 2:30 PM (unless sold prior)
📍 Location: Parafield Gardens
✨ THINGS WE LOVE:
✅ Light-filled lounge, meals & modern kitchen with crisp cabinetry and large stainless-steel oven & gas cooktop
✅ Updated kitchen with plenty of cupboard space
✅ Large main bedroom with built-in robe
✅ Good-sized Bedroom 2 with built-in robe
✅ Spacious Bedroom 3 – ideal for guests or a home office
🔑 KEY FEATURES:
✅ Large-format ceramic tile flooring – stylish & easy to clean
✅ Light & bright central bathroom with floor-to-ceiling neutral tiles
✅ Ducted air-conditioning + solar panels for energy efficiency
✅ All windows fitted with blinds for privacy & comfort
✅ Spacious undercover outdoor entertaining area – perfect for family BBQs
✅ Low-maintenance front yard with sunny street appeal
✅ Generous carport for secure parking
Property is currently rented @600/week under fixed term lease until 23/7/26
📍 LOCATION HIGHLIGHTS:
🌳 1km to Parafield Gardens Primary & High School – easy school drop-offs
🚉 800m to Parafield Gardens Train Station – quick city access
🛍️ Only 6 mins to Hollywood Plaza for shopping, dining & everyday needs
⚡ Act quickly – opportunities like this don't last long!
Whether you're buying your first home or looking to downsize in comfort, this one ticks all the boxes.
📞 Contact Krish Gajera today — Top 10 Agent in SA — to arrange your inspection or submit your offer before auction day!
Listing description written by Krish Gajera, exp Australia SA — reproduced as published, not verified by Districts.