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SA › Virginia › Park Rd

Lot 24 Park Rd, Virginia SA 5120

For saleRural Property

$3,500,000–$3,800,000

For sale

Asking range

0

Bedrooms

0

Bathrooms

0

Car spaces

27,099 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,500,000–$3,800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,500,000–$3,800,000(Listing record · 6 May 2026)
  • FactLand 27,099 m²; no building size recorded.(Property record)
  • CalculationAsk is 294% above the Virginia median recorded sale ($887,500, n=30, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Virginia's advertised median rent ($584/wk), implied gross yield would be 0.87% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$3,500,000–$3,800,000

Asking range · $129/m² of land

No recorded sale for this property.

Virginia at a glance

3,876

People

$887,500

Median sale

$584/wk

Median rent

3.42%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Virginia report →

Vs Virginia

+294.4%

Median sale

Suburb $887,500

-2.55 pp

Gross yield

Suburb 3.42%

Suburb median $887,500 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$3,500,000
Stamp Duty (South Australia)
$186,330
Transfer/Registration Fee
$36,578
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,726,608

$226,608 on top of the price (6.5% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Virginia's advertised median rent — not a rent for this listing.

Net yield
-0.63%
Annual cashflow (pre-tax)
$-204,132
Interest cover (DSCR)
-0.12
Annual rent
$30,368
Operating expenses
$52,500
Loan amount
$2,800,000
Annual interest
$182,000
Gross yield
0.87%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$3,500,000–$3,800,000available6 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $584/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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Virginia in one glance

Virginia at a glance

3,876

People

$887,500

Median sale

$584/wk

Median rent

3.42%

Suburb gross yield

Median sale from 30 recorded sales (last 12 months) — a Districts calculation.

See the full Virginia report →

Keep researching

  • Why Virginia? Read the area thesis →
  • What else is on the market in Virginia →
  • Other records on Park Rd →

Listing material

Listed by Ray White Salisbury

Secure Your Slice Of Virginia's Future | 2.7Ha (Approx.)

Ray White Salisbury is Proud to Present Lot 24 Park Road, Virginia

THE LOCATION

Positioned in the rapidly evolving northern growth corridor, this expansive landholding at Lot 24 Park Road, Virginia offers a rare balance between peaceful rural surroundings and exceptional urban connectivity.

Read the full description

Ideally located just moments from the heart of Virginia township, the property enjoys exceptional convenience with the Virginia township located approximately 1km away, providing easy access to everyday essentials including local shopping, cafés, hardware stores and major retailers. Woolworths Virginia is positioned approximately 1.3km from the property, while Virginia Primary School is located only a few hundred metres away, adding further lifestyle appeal for families and future-minded buyers alike.

Recreational amenities are also well catered for, with nearby reserves, open green spaces and sporting facilities providing a relaxed lifestyle environment, while the broader region continues to benefit from ongoing infrastructure and residential expansion.

Commuting is effortless, with direct access to main arterial roads including Port Wakefield Road, connecting you seamlessly to the Adelaide CBD in approximately 35-40 minutes (approx.). Public transport options are also available within the surrounding area, further enhancing accessibility for both work and lifestyle.

This is a location that continues to gain momentum - offering the space and serenity of a rural setting, with the convenience and promise of future urban integration.

THE LAND

Spanning an impressive 2.7 hectares (approx.), this substantial landholding presents an exciting opportunity for buyers seeking scale, flexibility and outstanding long-term potential within one of Adelaide's rapidly evolving northern growth corridors.

Importantly, the property is currently zoned DU - Deferred Urban under the PlanSA framework. In simple terms, this zoning identifies the land for future urban development, with the area earmarked for eventual residential or urban expansion as the surrounding region continues to grow and evolve.

This creates a compelling opportunity for forward-thinking buyers to secure a significant landholding today while positioning themselves to benefit from the area's future transformation.

FEATURES

• Valuable Frontage To Park Road

• Approximately 1km To Virginia Township

• Zoned DU - Deferred Urban Under PlanSA

• Easy Access To Port Wakefield Road Arterial

• Future Urban Development Potential (STCC)

• Approximately 1.3km To Woolworths Virginia

• Peaceful Rural Setting With Long-Term Upside

• Expansive 2.7 Hectares (Approx.) Landholding

• Approximately 35-40 Minutes To Adelaide CBD

• Ideal Land Banking Opportunity In Growth Corridor

• Surrounded By Ongoing Residential And Infrastructure Growth

• Nearby Schools Including Virginia Primary School Only A Few Hundred Meters Away

Embrace the space, serenity and lifestyle this exceptional rural allotment has to offer. For further information or to register your interest, please contact Justin Irving.

Regarding price, We will supply recent sales data for the area which is available upon request via email or at the open inspection.

Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the contract of sale.

Listing description written by Justin Irving, Ray White Salisbury — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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