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
$856,000
Last sold
25 Mar 2026
3
Bedrooms
1
Bathrooms
3
Car spaces
710 m²
Land
103 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
$856,000
25 Mar 2026 · derived via latest_sale
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
+0.7%
Median sale
Suburb $850,000
-0.03 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 Ray White Gawler/WillastonPositioned on a generous allotment of approximately 710m², this solid brick home at 7 Spencer Street presents an outstanding opportunity for investors, renovators and developers looking to secure a property with strong potential in the growing suburb of Parafield Gardens.
Built to last with solid brick construction, the home offers comfortable and immediately liveable accommodation while providing scope for future updates or redevelopment (subject to planning consent). With new developments already emerging throughout the area, this property represents a fantastic chance to capitalise on the suburb's continued growth.
Inside, the home features three well-sized bedrooms, all complete with carpet and built-in robes. The master bedroom includes a ceiling fan and a split system heating and cooling unit for year-round comfort, while bedrooms two and three are equipped with wall unit heating and cooling.
The generous lounge room is filled with natural light, offering a welcoming space to relax. It features carpet flooring, a ceiling fan and a gas heater set within a decorative mantle. Glass sliding doors allow the living area to be separated from the hallway and bedroom wing, providing privacy and practicality for family living.
The kitchen and dining area is functional and well-proportioned, featuring lino flooring, a ceiling fan, wall unit heating and cooling, ample bench space and plenty of storage. The kitchen is fitted with all electric appliances and enjoys good natural light, creating a comfortable and practical everyday space.
The bathroom, laundry and separate toilet are all in working order and service the home well, while also offering opportunities for future modern upgrades.
Outdoor entertaining is well catered for with a partially enclosed verandah stretching across the rear of the home. With paved flooring, a built-in bar and access to the side yard, it's an ideal space for gatherings. A second pitched roof pergola provides additional outdoor living space, also with paved flooring.
Additional features include an automatic single-car, double-length carport, a hobby room, a workshop, and a small rainwater tank.
Conveniently located near local schools, parks, public transport, and shopping options including Parabanks Shopping Centre, the property also offers easy access to major commuting routes such as Main North Road, simplifying travel to the Adelaide CBD and surrounding suburbs.
While the home could benefit from some updates, it offers solid bones and comfortable living conditions today, making it ideal for those looking to renovate, invest or potentially redevelop. With the possibility of rental income while future plans are explored, this is a rare opportunity to secure a sizeable allotment with exciting potential.
Auction: Tuesday 24th March. Don't miss your chance to unlock the possibilities.
Specifications -
Title: 5227/68
Council: Salisbury
Zoning: GN - General Neighbourhood
Area: 710msq (approx.)
Built: 1966
Don't miss out on this incredible opportunity to make this home yours. Contact Matt Bunder on 0433 258 200 or Tegan Jamieson on 0487 077 874 for further information.
We welcome your enquiry and look forward to hearing from you.
Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment!
Call Matt on 0433 258 200 or click on the following link https://raywhitegawler.com.au/agents/matt-bunder/13798
Ray White Gawler, Number One Real Estate Agents, Sale Agents and Property Managers in South Australia.
Disclaimer: Care is taken to verify the correctness of all details used in this advertisement. However no warranty is given as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error.
Listing description written by Matt Bunder, Ray White Gawler/Willaston — reproduced as published, not verified by Districts.