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 › Princes Rd
3
Bedrooms
1
Bathrooms
5
Car spaces
830 m²
Land
213 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 $2,239/m² of land (n=69). 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
UnknownArea
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 NorwoodPlease contact agent if you would like a copy a the approved subdivision.
Perfectly positioned amongst a mixture of older similar homes and new contemporary builds, this 1956 constructed, timber framed home is peacefully nestled on a very desirable allotment of 829.95m² .
The precedent has already been set in neighbouring properties where the subdivision process has been successfully navigated and the allotments have been split into halves, and brand-new homes being constructed.
Home buyers may be interested in the 5 main room configuration where 3 generous bedrooms provides ample space to grow. The home is currently rented to reliable tenants at $295 a week until January 2022.
A central lounge room is bright and spacious with a wall air-conditioner for your year-round comfort.
The kitchen is neat and tidy and offers ample room for a dining table. The original cabinetry combined with a freestanding gas stove and wide stainless steel sink to provide functional amenities.
All 3 bedrooms are of good proportion, with the master bedroom featuring a ceiling fan.
The bathroom provides a glimpse into a bygone era offering shower over bath, original cabinetry and bespoke wall panelling. Other wet areas include a generous laundry with exterior access door and a separate toilet.
Generous shedding includes a secure double carport with roller door, plus a handy double galvanised iron garage. A wide rear verandah overlooks the massive rear yard, providing a spot for your alfresco entertaining.
The real value here is in the land and its ability to accommodate 2 brand-new homes with approved subdivision plans in place.
Briefly:
* Timber framed home on large rectangular allotment
* Nestled amongst similar homes and some brand-new subdivisions
* Land size of 829.95m² with frontage of approximately 16.76m
* Positive potential to demolish and subdivide
* Currently rented to reliable tenants at $295 a week until January 2022
* Generous living room with air-conditioner
* Combined kitchen/dining with functional amenities
* 3 bedrooms, all of good proportion
* Bedroom 1 with ceiling fan
* Original bathroom with shower over bath
* Traditional laundry and separate toilet
* Generous double carport with roller door
* Galvanised iron garage with tilt door
* Large rear verandah for alfresco entertaining
* Huge backyard
* 2.7m ceilings
Greenacres Shopping Centre is a short walk away for your daily and weekly shopping and the modern facilities of Northgate Plaza are a short drive away.
There are plenty of local reserves and parks in the area, including Greenacres Reserve, Northgate Common, Oakden Wetlands and The River Torrens Linear Park, all great places for your exercise and recreation.
Local unzoned primary schools include Hillcrest Primary School, Hampstead Primary & Enfield Primary. T
he zoned high school is Roma Mitchell Secondary College. Quality private schooling in the local area can be found St Martins Primary, St Pius X School, Cedar College and Heritage College.
A great opportunity to secure a subdividable allotment in a popular location.
Inspection will certainly impress!
Zoning information is obtained from www.education.sa.gov.au Purchasers are responsible for ensuring by independent verification its accuracy, currency or completeness.
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
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 Neigbourhood\\
Land | 829.95sqm(Approx.)
House | 213sqm(Approx.)
Built | 1956
Council Rates | $1,182.55 pa
Water | $164.67 pq
ESL | $304.20 pq
Listing description written by Stefan Siciliano, Ray White Norwood — reproduced as published, not verified by Districts.
Nearby 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.