Greenacre at a glance
27,650
People
$1,700,000
Median sale
$770/wk
Median rent
2.36%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
NSW › Greenacre › Banksia Rd
$1,535,000
Last sold
16 Aug 2025
4
Bedrooms
1
Bathrooms
3
Car spaces
606.9 m²
Land
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
$1,535,000
16 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Greenacre (last 5 years) with land size have a median of $2,905/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Greenacre at a glance
27,650
People
$1,700,000
Median sale
$770/wk
Median rent
2.36%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
Vs Greenacre
-9.7%
Median sale
Suburb $1,700,000
+0.25 pp
Gross yield
Suburb 2.36%
Suburb median $1,700,000 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $770/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Greenacre at a glance
27,650
People
$1,700,000
Median sale
$770/wk
Median rent
2.36%
Suburb gross yield
Median sale from 93 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Pace Property AgentsElevated family home with redevelopment potential just minutes walk to local shops
Embracing a desirable north-to-rear orientation, this well-maintained four-bedroom home offers exceptional scope to enhance or redevelop subject to council approval, with versatile interiors that ensure effortless family living. It offers a free-flowing layout with a well-maintained kitchen and seamless cross-flow ventilation. Set on a spacious lot, the property reveals a lucrative choice for first-time buyers or investors looking to capitalise on a sought-after location, just 1.5km from Greenacre's vibrant CBD and transport links.
- North-to-rear aspect on a 606sqm block offering redevelopment potential STCA
- Light-filled living area with polished timber floors offers space for family entertaining
- Large wraparound yard, ideal for outdoor activities, gardening or future landscaping
- Functional kitchen equipped with gas cooking, plentiful storage and a practical layout
- Four generously sized bedrooms, each enjoying natural light and quiet positioning
- Neat bathroom with combined shower/tub, plus a well-maintained internal laundry
- Secure, fully fenced property with ample lawn space and a low-maintenance garden
- Well-maintained interiors hold potential to personalise and add modern touches
- Ideal for first-home buyers or investors looking for a high-yielding rental property
- Single covered carport, additional off-street parking to accommodate extra vehicles
- Located 1.5km from Greenacre CBD, shopping, schools and all essential amenities
DISCLAIMER: While PACE Property Agents have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. PACE Property Agents urges prospective purchasers to make their own inquiries to verify the information contained herein.
Listing description written by Mark Saleh, Pace Property Agents — reproduced as published, not verified by Districts.