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 › Magnolia Ct
$740,000
Last sold
30 Oct 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
684 m²
Land
108 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
$740,000
30 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Banksia Park (last 5 years) with land size have a median of $876/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
-13.0%
Median sale
Suburb $850,500
+0.56 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 1840 Real Estate***SAT 19TH INSP HAS BEEN CANCELLED DUE TO A LATE OFFER BEING ACCEPTED BY THE VENDOR - WE APOLOGISE FOR ANY INCONVENIENCE THIS MAY HAVE CAUSED YOU TODAY & WISH YOU ALL THE BEST IN YOUR SEARCH***
Located in a quiet cul-de-sac in the leafy suburb of Banksia Park and just minutes from Banksia Park International (Primary and Secondary) sits this ideal family home on an easy-to-maintain block of approx 684sqm .
The property has been completely renovated featuring new kitchen with stainless steel gas cooktop and plenty of bench and cupboard space. New wiring and new plumbing throughout has been recently replaced. The bathroom features separate bath and shower. Perfect for the first home buyer, investor or downsizer.
Outside you will find newly landscaped gardens, paved entertaining area and a large lawn, perfect for the swing set or trampoline. Just bring your BBQ, relax and enjoy the rest!
If you're looking for a new & solid home with all the benefits of a full size block, this is it.
What we love about this property:
- Ducted heating and cooling.
- Floating floorboards throughout.
- 3 Bedrooms with built-ins & ceiling fans
- Large yard
- New kitchen w/gas cooktop
- NBN and Foxtel ports available
- Low power usage LED downlights
- Large Shed at rear
- Off-street parking for up to 4 cars
Close to:
* 3 min drive to St Agnes Shopping Centre (Coles)
* 3 min drive to Banksia Park Primary R-7
* 3 min drive to several local dining options
* 5 min walk to St David's Parish School
* 5 min bike ride to TTG Football Club
* 6 min walk to Banksia Park International High School
* 7 min drive to Tea Tree Plaza Interchange
* 9 min drive to Westfield Tea Tree Plaza Shopping and Dining Precinct
Hurry, this one won't last long!
*Google Maps
**Unless Sold Prior
Since day 1 of management, 5 years ago, this property has experienced a total of 14 days vacancy! Buying this property for investment? Speak to our Property Management team who've won No.1 PM Agency in SA 3 of the last 5 years!
Listing description written by Karl Niehus, 1840 Real Estate — reproduced as published, not verified by Districts.
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