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 › Vasey St
5
Bedrooms
2
Bathrooms
6
Car spaces
640 m²
Land
326 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Greenacres (last 5 years) with land size have a median of $2,254/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.
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 NorwoodPerfectly located across the road from the vibrant Lightsview Development, this 1965 constructed, and since extensively extended residence up to 5 bedrooms, 3 separate living areas and considerable secure garaging.
The home has been freshly painted throughout and presents a unique opportunity for the budget conscious larger or extended family. Keen renovators may wish to take up the work already done and continue with the upgrading.
Crisp floating floors and fresh neutral tones flow throughout the home offering a bright and comfortable environment for your daily lifestyle. The original home boasts 3 spacious bedrooms, all with built-in robes, serviced by an upgraded main bathroom floor to ceiling tiles semi-frameless shower screen and rail shower and modern tapware.
A central kitchen offers service to both the formal and casual areas, overlooking a large family room with combustion heater, ceiling fan and direct access to the rear verandah. The kitchen boasts the original cabinetry, double sink with filtered water, modern appliances and ample cupboard space.
A traditional laundry and 2nd bathroom separate a later extension of the 2 spacious bedrooms and a kitchenette, providing an exciting opportunity for keen renovators to upgrade the kitchenette to a full kitchen and utilise this extension as a granny flat or B&B rental.
Dual access driveways offer extensive undercover vehicle accommodation with carport and auto roller door access to both sides of the home and secure parking available for up to 6 cars.
If you're a larger family on a budget, a keen renovator or a creative entrepreneur, then this exciting opportunity on its generous future proof allotment will certainly be of interest.
Briefly:
* Original 1965 constructed home, extensively extended and recently painted
* Up to 5 bedrooms and 3 living areas
* Crisp floating floors and fresh neutral tones throughout the main home
* Central kitchen offering service to formal and casual areas
* Kitchen features original cabinetry, double sink with filtered water, modern appliances and ample cupboard spa
* Spacious formal lounge with wide picture window
* Tiled family room adjacent the kitchen
* 2 separate bathrooms and traditional laundry
* 3 bedrooms to the main home all with built-in robes
* Wide rear verandah overlooking established back yard
* Bedrooms 4 and 5 adjacent a kitchenette
* Dual access driveways
* To lock-up tandem carport's with auto roller doors
* Secure off street parking for up to 6 cars
* 12 panel solar system
* Great opportunity for the budget conscious larger family
Please note: Ducted air conditioning is not in working order.
The parks and reserves of Lightsview are within walking distance. Enjoy the cosmopolitan lifestyle and cafés of this vibrant area. Sit back and enjoy the vista over the lakes as the kids play in the contemporary open space areas.
Both Northgate Plaza and Greenacres Shopping Centre will provide quality shopping and public transport is only a short walk away.
Local unzoned primary schools available in the area include Hampstead Primary School, Hillcrest Primary School and Enfield Primary School. The zoned high school is Roma Mitchell Secondary College. Quality private schooling is available at St Martin's Catholic, St Pius X School, Cedar College & Heritage College.
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
Ray White Norwood are taking preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing will be required at this open inspection.
Property Details:
Council | Port Adelaide Enfield
Zone | GN - General Neighbourhood//
Land | 640sqm(Approx.)
House | 326sqm(Approx.)
Built | 1965
Council Rates | $TBC pa
Water | $TBC pq
ESL | $TBC pa
Auction Pricing - In a campaign of this nature, our clients have opted to not state a price guide to the public. To assist you, please reach out to receive the latest sales data or attend our next inspection where this will be readily available. During this campaign, we are unable to supply a guide or influence the market in terms of price.
Vendors Statement: The vendor's statement may be inspected at 249 Greenhill Road, Dulwich for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
RLA 278530
Listing description written by Stefan Siciliano, Ray White Norwood — reproduced as published, not verified by Districts.