Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

SA › Greenacres › Craig St

16 Craig St, Greenacres SA 5086

For saleHouse

$935,000

For sale

$935,000

Last sold

29 July 2023

4

Bedrooms

2

Bathrooms

1

Car spaces

443 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 17 Aug 2026)
  • CalculationRecorded House sales in Greenacres (last 5 years) with land size: median $2,269/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Greenacres's advertised median rent ($592/wk), implied gross yield would be 3.29% — 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

$935,000

29 July 2023 · derived via latest_sale

Local land rate: recorded House sales in Greenacres (last 5 years) with land size have a median of $2,269/m² of land (n=67). 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.

See the full Greenacres report →

Vs Greenacres

-5.1%

Median sale

Suburb $985,000

+0.16 pp

Gross yield

Suburb 3.13%

Suburb median $985,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$935,000
Stamp Duty (South Australia)
$45,255
Transfer/Registration Fee
$9,698
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
$993,653

$58,653 on top of the price (6.3% 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

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

Net yield
1.79%
Annual cashflow (pre-tax)
$-31,861
Interest cover (DSCR)
0.34
Annual rent
$30,784
Operating expenses
$14,025
Loan amount
$748,000
Annual interest
$48,620
Gross yield
3.29%

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. Listedprice unknownavailable17 Aug 2026
  2. Sold$935,00029 July 2023
  3. Listedprice unknowncompleted24 May 2023
  4. Listedprice unknowncompleted24 May 2023

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 $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.

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

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

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

Greenacres in one glance

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.

See the full Greenacres report →

Keep researching

  • Why Greenacres? Read the area thesis →
  • What else is on the market in Greenacres →
  • Other records on Craig St →

Listing material

Listed by Ray White Prospect

Designer Suburban New Build w All The Specs!

On Craig Street awaits a sparkling near new home with designer finishes and an interior palette that exudes both warmth and softness across a four bedroom, two bathroom, dual-living zone layout.

The front lounge is softened by sheer curtains and downlighting while further in, the main living and dining area feels brighter, with another run of sheers paired with roller blinds. Family nights can gather around the centre of the home, while quieter conversation or a little downtime stays up front. It is useful separation when the day gets busy. Each room has a clear role, connected sleek floating flooring.

At the centre, stone benchtops frame a 900mm Westinghouse gas cooktop, separate 900mm Westinghouse oven and Westinghouse dishwasher. The walk-in pantry adds shelving for ingredients and daily essentials, helping to keep the main benches clear. It is a practical setup for busy mornings and evenings around the table, with enough working room to keep dinner moving and make serving simple when guests arrive.

Read the full description

Beyond the shared spaces, four bedrooms bring privacy and storage into equal focus. Built-in robes feature fitted cupboard storage, whilst the master bedroom adds a walk-in robe and ensuite. The ensuite pairs floor-to- ceiling tiling with a stone vanity benchtop, dual basins, a shower niche and heated lighting. Those same quality features carry through to the main bathroom, creating a consistent finish across both. Storage sits where you need it; comfort follows without fuss.

Outside, the covered alfresco extends into the courtyard, with the grassed yard keeping the outlook open and fresh. There is room for weekend lunches, relaxed evenings and quiet afternoons without turning every use of the space into an occasion. For larger gatherings, it becomes another place to settle beyond the main living zone, carrying the home's entertaining focus outdoors, divided simply by glass sliding doors.

This single storey abode has the scale to carry a busy household, without skimping on the modern necessities, tech and style of a luxury home. There is room for separate routines without everyone landing in the same space. When it is time to gather, the main living zone and covered alfresco take over. Bright and spacious, the home combines family living, practical detail and a polished edge in the gorgeous Greenacres, just North- East of the city!

Additional features include:

• Samsung ducted A/C system with ZoneTouch 3

• Aproximately 2.7m* ceilings

• Laminate floorboards throughout, with tiles to wet areas

• Internal laundry with stone benchtop

• Single garage with automatic panel-lift door & manual rear roller door

• Walking distance to Greenacres Central

• Nearby schools include: St Martin's Catholic Primary School, Hampstead Primary School, Hillcrest Primary School, Cedar College, Our Lady of the Sacred Heart College, Roma Mitchell Secondary College, Marden Senior College

Disclaimer: Please note that all information provided for this property was obtained from sources we believe to be accurate. However, we cannot guarantee the information's accuracy and accept no liability for any errors or omissions, including (but not limited to) the property's land size, floor plans, dimensions, building size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice. As much as we aim to have all details represented within this advertisement to be true and correct, it is the buyer'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.

Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.

Listing description written by Stefan Siciliano, Ray White Prospect — reproduced as published, not verified by Districts.

Also look at

Also for sale in Greenacres

  • 18 Moreshead St, Greenacres SA 5086

    3-bed house. Asking $850K.

    For sale
  • 18 Wingate St, Greenacres SA 5086

    3-bed house for sale. Asking $930K–$980K.

    For sale
  • U4, 4 Vasey St, Greenacres SA 5086

    1-bed unit. Asking $476K.

    For sale
  • 16A Birdwood Rd, Greenacres SA 5086

    4-bed house for sale. Asking $1.48M–$1.58M.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.