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 › Milne Rd
4
Bedrooms
2
Bathrooms
1
Car spaces
1,306 m²
Land
335 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
No recorded sale price for this property yet.
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.
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 Ray White NorwoodWelcome to 634 Milne Road, a spacious, private and character-filled home that is bursting with appeal. Set across multiple levels, this home boasts large rooms, multiple living spaces and glorious views over the picturesque backyard with a creek running through it.
Love to cook? The modern kitchen features timber benchtops and ample cabinetry, and from here you can move into the adjacent meals area or through to the dining room.
The spacious lounge room features a charming fireplace that will be much-loved in the cooler months, and the large family room has plenty of space for the whole family to spread out and relax.
Those who love to entertain will delight to find the expansive patio with a BBQ space, and from here you can enjoy the wonderful views over the beautiful gardens in the backyard that have irrigation in place to keep them looking lush year-round.
All four bedrooms in the home are generous in size, the main bedroom enjoys an ensuite, and there is a large well-maintained bathroom to service the rest of the rooms.
The ideal location of the property means that local schools and sporting fields are a short walk away, and local amenities, shopping centres and supermarkets are a short drive away. Plus, those who work in the city can be in the CBD in 30 minutes (approx.)
Attractive Features:
• Large multiple-level home on an expansive block with beautiful views
• Four bedrooms, one with an ensuite, and a large bathroom
• Spacious lounge room with a charming fireplace
• The modern kitchen features timber benchtops and ample cabinetry
• A dining room and meals room give you the choice of where to dine
• A large family room adds to the spacious feel of the layout
• Entertaining is easy on the expansive patio with a BBQ area
• The well-equipped laundry has direct access outside
• Ducted air-conditioning ensures you'll be comfortable year-round
• Lovely gardens surround the home and there is irrigation installed
• A creek runs through the back of the property, adding to the charm
• Local schools and sporting fields are within walking distance
• The St Agnes Shopping Centre is 4 minutes away by car
• The Adelaide CBD is just a 30-minute drive away
The nearby unzoned primary schools are Banksia Park School R-6, Ridgehaven Primary School, Redwood Park Primary School, and St Agnes Primary School. The zoned secondary school is Banksia Park International High school.
Information about school zones is obtained from education.sa.gov.au. The buyer should verify its accuracy in an independent manner.
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
Norwood RLA 278530
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/ purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
Ray White Norwood/Grange are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | Tea Tree Gully
Zone | General Neighbourhood
Land | 1306sqm(Approx.)
House | 335sqm(Approx.)
Built | 1984
Council Rates | $2,181.95pa
Water | $176.56pq
ESL | $338pa
Listing description written by Ryan Stapleton, Ray White Norwood — reproduced as published, not verified by Districts.
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