Development Plan - City of Playford - SA.Gov.au

Figure 2.8: Munno Para West Annual Land Sales 2002-2006
$110,000
$100,000
$90,000
$80,000
$70,000
$60,000
$50,000
$40,000
$30,000
2002 2003 2004 2005 2006
Munno Para West Average Land Sale Price
Munno Para West Number of Land Sales
180
160
140
120
100
80
60
40
20
0
2.1.2 Summary of Suburb Sales Data
The preceding analysis demonstrates that for all suburbs there has been reduced growth in
average dwelling sale prices since 2004, after reasonable growth in the period 2002-2004. It is also
clearly evident that Blakeview and Craigmore consistently have the highest average dwelling sale
price, with Davoren Park and Smithfield Plains consistently the lowest.
In terms of average land sale prices it is evident that for all suburbs there has been strong growth
for all suburbs albeit there appears to be some slowing of this price growth over the last 12 months.
2.1.3 Land Sales by Allotment Type
Table 2.10 outlines the average sale price of various allotment types within and adjacent to the
Area Affected for the 2006 calendar year, in order to identify relevant demands of particular
products. Suburbs specifically reviewed include Davoren Park, Smithfield, Smithfield Plains,
Blakeview, Munno Para, Munno Para West, and Andrews Farm. Only residentially zoned
allotments less than 1000 square metres in area have been included. It is evident that the majority
of lots sold were courtyard, conventional and traditional lots, with an area exceeding 375 square
metres.
These figures are very much a guide and indicate what proportion of products have been delivered
to the market. It does not necessarily follow that the proportion of products sold reflect actual
underlying demand or preferences. The Development Plan is one factor that significantly
influences the configuration of allotments created, with the emphasis on traditional allotment
products potentially reflective of the existing traditional zoning regime that applies to these suburbs,
with policy seeking detached dwelling sites on 300 square metres or greater.
In master planned communities, the potential for smaller allotment sizes is increased, particularly
when amenable and well connected services and open space is provided, in order to support more
compact household types and housing forms.
Table 2.10:
Vacant Land Sales for Residential Sites of Less Than 1000 m 2 in Selected
Suburbs for 12 Months to 31 December 2006
Allotment Type Sales Average Sale Price
Townhouse/Cottage - 100-300sqm 15 $59,279
Villa - 301-375sqm 49 $70,178
Courtyard - 376-500sqm 153 $75,915
Conventional - 501-620sqm 120 $76,660
Traditional - 621-1000sqm 47 $84,636
Playford North DPA -16-
Jul 08
Final DPA 20 August 08.doc Version 3