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 › Monarch Ave
$880,001
Last sold
26 Mar 2026
3
Bedrooms
1
Bathrooms
0
Car spaces
610 m²
Land
175 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
$880,001
26 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Parafield Gardens (last 5 years) with land size have a median of $1,475/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
+3.5%
Median sale
Suburb $850,000
-0.12 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
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
🏡 SOLD PRIOR TO AUCTION – OUTSTANDING RESULT!
Another fantastic result by Team Krish Gajera!
📍6 Monarch ave Parafield gardens has just been SOLD for an incredible $880,001 prior to auction after generating strong buyer interest and multiple competitive offers.
This outstanding result highlights the strong demand for quality homes in Parafield gardens and surrounding suburbs. Many buyers missed out and are still actively searching for similar properties right now.
🔥 Qualified buyers are ready and waiting!
6 cash unconditional offer and 5 buyers still waiting to secure property in the area
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Team Krish Gajera from eXp Realty proudly presents 6 Monarch Avenue, Parafield Gardens — a fantastic opportunity for investors, first home buyers and developers looking to secure a solid property with strong rental income and excellent future potential.
Positioned on a generous 600sqm allotment (approx.) with an impressive 20m wide frontage and NO easements on title, this property offers exciting possibilities for future subdivision or development (STCC) in one of Adelaide's growing northern suburbs.
The property is currently tenanted on a fixed-term lease until June 2026, providing strong rental income and immediate return from day one for the new owner.
✨ Property Features
✅ 600sqm allotment (approx.)
✅ Wide 20m frontage (approx.)
✅ NO easements on title – maximise development flexibility
✅ Subdivision potential (STCC)
✅ Split-system air conditioning in lounge
✅ Stylish hybrid flooring throughout
✅ Functional kitchen with electric cooktop
✅ Approx. 2.4m ceilings
✅ Ceiling fans in all bedrooms
✅ Separate toilet for added convenience
✅ Versatile rumpus/storage room – potential 4th bedroom
✅ Additional room with ceiling fan – ideal for storage, study or extra bedroom
✅ Outdoor verandah – perfect for family gatherings
✅ Small shed for storage
✅ Swimming pool on site (currently not in use)
💰 Investment Details
✔ Currently leased at $570 per week
✔ Fixed-term tenancy until June 2026
✔ Secure rental income from settlement day
📍 Excellent Location
Perfectly positioned in a convenient pocket of Parafield Gardens with key amenities within easy reach.
✔ Walking distance to Martins Plaza Shopping Centre
✔ Close to local childcare centres
✔ Minutes to Parafield Gardens Primary & Secondary Schools
✔ Short drive to Hollywood Plaza & Parabanks Shopping Centre
✔ Easy access to public transport & train stations
✔ Approx. 25 minutes to Adelaide CBD
🔥 Auction Details
🗓 Sunday, 29th March
⏰ 1:15 PM – On Site
👤 Your Local Award-Winning Agent
Krish Gajera – eXp Realty
🏆 Top 5 Agent in Adelaide 2026 – Recognised by Rate My Agent
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🏆 Agent of the Year – Parafield Gardens – 4 Years in a Row (Rate My Agent)
📞 Krish Gajera – 0425 132 642
Whether you're looking to invest with strong rental return, secure your first home, or unlock the development potential (STCC), this is an opportunity not to be missed.
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Additional Details:
Dwelling Size: 175 sqm (approx.)
Land size: 610 m2
Year Built: June 1977
Council rate:1700/annually (Approx)
Council Area: Salisbury
Title: Torrens
RLA 300 185/313 008
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.
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.
Nearby 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.