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 › Oleander Dr
$705,000
Last sold
21 Nov 2023
3
Bedrooms
1
Bathrooms
4
Car spaces
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
$705,000
21 Nov 2023 · derived via latest_sale
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
-17.1%
Median sale
Suburb $850,500
+0.77 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 Noakes NickolasReady for a change of scenery?
Offering three bedrooms plus a study, this updated double brick 70's home offers a comfortable home base nestled into the foothills suburbs bordering the Adelaide Hills in Banksia Park.
Overlooking the green expanses of Oleander Reserve, the precedent is set for a location surrounded by green spaces, from the abundance of nearby ovals and Tea Tree Golf Club to Anstey Hill Recreation Park.
Tall established trees bring shade to a modernised rendered facade and deck portico that sits proudly on the street.
Enter the home directly into the open plan living room onto timber look floors and take in the mood-setting wood fire oven, LED downlights and excellent northerly sunshine streaming through the kitchen window, with so much room to style the space your way.
A fresh contemporary kitchen offers plenty of storage, stainless steel appliances including a gas cooktop, a dishwasher, stylish tiled splashback and access to the dedicated laundry.
Down the carpeted hall, find a neat and tidy fully-tiled white bathroom with a bath and separate toilet, and three carpeted bedrooms, each fitted with a ceiling fan for comfort, and the practicality of a built-in robe.
Heading out the kitchen door, a large outdoor entertaining space comes together between random stone paving and a lofty raked pergola, with plenty of room to run a long table, and more pavers extending out under the sun.
With 700m2 to play with, there's plenty of arguments for staying home and enjoying your own green spaces, with a gravel fire pit area nestled under the trees in your backyard.
Bright, airy and surrounded by grounding greenery, this home presents with wide appeal for those who love life in the community-driven north-eastern suburbs.
From Oleander Drive, enjoy nearby shopping and dining along North East Road, including St Agnes Shopping Centre and Fairview Green Shopping Centre, and unrivalled access to the wider Adelaide Hills.
More features to love:
- Ducted evaporative cooling plus wood fire and ceiling fans
- Three car garage with auto roller and further off-street parking
- Shed and woodshed
- Detached office
- Instant gas hot water system
- Zoned to Banksia Park International High, walking distance to Banksia Park School R-6, and Saint David's Parish School and within the catchment area for Banksia Park Kindergarten
- Easy access to public transport along Elizabeth Street and Hancock Road
- Just 3.2km to Westfield Tea Tree Plaza and under 16km to the Adelaide CBD
Land Size: 700sqm
Frontage: 16.76m
Year Built: 1971
Title: Torrens
Council: City of Tea Tree Gully
Council Rates: $1,606.96PA
SA Water: $154.02PQ
ES Levy: $131.85PA
Disclaimer: all information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions. If this property is to be sold via auction the Vendors Statement may be inspected at Level 1, 67 Anzac Highway, Ashford for 3 consecutive business days and at the property for 30 minutes prior to the auction commencing. RLA 315571.
Listing description written by Callan Eames, Noakes Nickolas — reproduced as published, not verified by Districts.