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SA › Athelstone › Greenbank Rd

28 Greenbank Rd, Athelstone SA 5076

House

$1,200,000

Last sold

7 May 2026

3

Bedrooms

1

Bathrooms

2

Car spaces

860 m²

Land

273 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,200,000 (7 May 2026).(Recorded sale)
  • CalculationRecorded House sales in Athelstone (last 5 years) with land size: median $1,681/m² of land (n=97). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$1,200,000

7 May 2026 · derived via latest_sale

Local land rate: recorded House sales in Athelstone (last 5 years) with land size have a median of $1,681/m² of land (n=97). Districts calculation from recorded sales — not a valuation.

Athelstone at a glance

10,003

People

$1,140,000

Median sale

$620/wk

Median rent

2.83%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Athelstone report →

Vs Athelstone

+5.3%

Median sale

Suburb $1,140,000

-0.14 pp

Gross yield

Suburb 2.83%

Suburb median $1,140,000 from 35 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,200,0007 May 2026
  2. Listedprice unknowncompleted29 Apr 2026

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 $620/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

Athelstone in one glance

Athelstone at a glance

10,003

People

$1,140,000

Median sale

$620/wk

Median rent

2.83%

Suburb gross yield

Median sale from 35 recorded sales (last 12 months) — a Districts calculation.

See the full Athelstone report →

Keep researching

  • Why Athelstone? Read the area thesis →
  • What else is on the market in Athelstone →
  • Other records on Greenbank Rd →

Listing material

Listed by Eclipse Real Estate

Hi, I’m Rare Land, Endless Potential...

Say hello to a tightly held opportunity in one of Athelstone's most sought-after pockets, set on an expansive 860sqm* allotment where space like this is becoming harder to find. Well maintained and full of charm, this original home offers immediate comfort with exciting scope to renovate, extend or reimagine entirely, subject to the necessary approvals.

A neatly manicured frontage welcomes you in, with established greenery and a pathway guiding you to the entry. Inside, natural light fills the front living room, creating a warm and inviting first impression. Flowing through, a dedicated dining space connects seamlessly to the kitchen and adjoining family room, forming the true heart of the home. The kitchen is well equipped with ample cabinetry, a dishwasher, cooktop, wall oven, range hood, double sink and a convenient microwave niche, all overlooking the living areas for easy everyday living.

Positioned privately to one side, three comfortable bedrooms offer flexibility for families or those needing extra space. Servicing the home is a main bathroom complete with a shower, bathtub, vanity and toilet, along with an additional separate wash closet for added convenience.

Read the full description

A centrally located laundry with external access completes the interior, leading out to a generous undercover patio designed for year-round entertaining. An additional deck extends from the family room, creating multiple outdoor zones to enjoy.

Step outside and you'll quickly see where this property truly shines. Expansive grounds unfold across multiple levels, featuring lush lawn, established trees and garden sheds, offering both privacy and versatility. Adding further value, a detached secondary space fitted with a shower and sink presents the perfect canvas for a rumpus room, studio, or additional storage.

Location only adds to the appeal. Athelstone has long been loved for its leafy surrounds and easy connection to nature, with Morialta Conservation Park and Thorndon Park Reserve just moments away for morning walks, weekend hikes or a quick reset outdoors. Everyday convenience is sorted too, with Newton Village Shopping Centre close by for the essentials, while you're also within easy walking distance to Athelstone Shopping Centre, the new medical centre, local primary school and nearby bus stops. The Adelaide CBD sits less than 20 minutes away, making it the kind of spot where peaceful living and city access happily coexist.

Check me out:

— Expansive 860sqm* allotment in a tightly held location

— Well-maintained original home with renovation or redevelopment potential (STCC)

— Three comfortable bedrooms positioned in a private wing

— Light-filled front living room with adjoining dining area

— Functional kitchen with ample storage, dishwasher, cooktop and wall oven

— Main bathroom with shower, bathtub and vanity, plus separate wc

— Large undercover outdoor entertaining area with additional deck

— Generous backyard with multiple levels, lush lawn and established greenery

— Detached secondary space with shower and sink, ideal for rumpus or studio

— Carport and additional off-street parking

— Close to parks, shopping and only a short drive to the CBD

— And so much more...

Specifications:

CT // 5619/412

Build // 273 sqm*

Land // 860 sqm*

Year Built // 1968

Council // City of Campbelltown

Nearby Schools // Athelstone School, Charles Campbell College, Saint Ignatius' College, Torrens Valley Christian School, St Francis of Assisi School

On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.

Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

John Ktoris – 0433 666 129

johnk@eclipserealestate.com.au

Panagiota Ktoris – 0431 141 541

panagiotak@eclipserealestate.com.au

RLA 277 085

Listing description written by John Ktoris, Eclipse Real Estate — reproduced as published, not verified by Districts.

Property features

  • Shed
  • Toilets: 2
Districts

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

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