Greenacres at a glance
3,372
People
$985,000
Median sale
$592/wk
Median rent
3.13%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
SA › Greenacres › Redward Ave
$1,371,000
Last sold
9 Sept 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
438 m²
Land
367 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
$1,371,000
9 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Greenacres (last 5 years) with land size have a median of $2,227/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Greenacres at a glance
3,372
People
$985,000
Median sale
$592/wk
Median rent
3.13%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Vs Greenacres
+39.2%
Median sale
Suburb $985,000
-0.88 pp
Gross yield
Suburb 3.13%
Suburb median $985,000 from 30 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 $592/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
Greenacres at a glance
3,372
People
$985,000
Median sale
$592/wk
Median rent
3.13%
Suburb gross yield
Median sale from 30 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White ProspectDelivering way more bang for your buck than you could imagine, this ravishing four bedroom residence is ready for its new owner! Perfect for the growing or established families, this Greenacres home is situated close to all amenities as a variey of shopping centres, schools and public transport are only seconds and minutes away.
The 2020 design incorporates generous living spaces, beautiful bedrooms, bold bathrooms and even kitchen facilities on upper and lower levels, all basking in lavish contemporary style.
The formal entry introduces a gleaming portrayal of no-expense-spared luxury, commencing with sleek floor tiling and an open custom staircase, and finishing with a timber-decked rear alfresco ready for summer entertaining.
A showpiece for modern family living, this home ticks a multitude of boxes. All bedrooms feature built-in robes including the ground floor bedroom with ensuite provisions via dual bathroom entry points. The upstairs primary suite enjoys a private ensuite and a romantic balcony, while another exquisite bathroom intercepts the second and third bathrooms.
The upstairs living area goes a step further than most, providing built-in kitchenette facilities to create a perfect teen retreat, and easy access for Mum and Dad's Sunday morning coffee, be it on the balcony or in bed.
The sprawling lower level features a built-in fireplace within open plan living, and a flawless kitchen perfectly balancing premium function with stunning form.
With rest and play covered, it's time for work! Beyond the residence is gated access to a freestanding suite of home offices/general recreation area with kitchen, bathroom and laundry facilities, taking 'work-from-home space' to a whole new level. With space to run business, there is also the flexibility for extended family living spaces.
Highlights include:
• North-facing 438sqm (approx) block with a 367sqm floorplan (approx.)
• Exciting location close to Lightsview cafes, playgrounds and reserves
• Island kitchen bench and breakfast bar, pantry storage
• Stainless appliances, gas cooktop, dishwasher
• Four carpeted bedrooms with robes, two with ensuite access
• Three luxuriously finished, fully-tiled bathrooms
• Built-in fireplace
• Small garden shed
• Timber decked rear verandah with outdoor kitchen facilities + ceiling fan
• Modern laundry with built-in storage
• Double garage with internal home entry
• Ducted reverse cycle air conditioning
• 6.6kw solar panels with 10.2kw battery
• Close to Greenacres Central Shopping Centre and JIBBI & Co cafe
• Walk to bus stops, short drive to the Paradise Interchange
• Zoned Roma Mitchell Secondary College
• Near St Martins Catholic Primary School and Hillcrest Primary School
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.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
Listing description written by Stefan Siciliano, Ray White Prospect — reproduced as published, not verified by Districts.