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 › Rellum Rd
$623,000
Last sold
19 July 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
730 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
$623,000
19 July 2022 · derived via latest_sale
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.
Vs Greenacres
-36.8%
Median sale
Suburb $985,000
+1.81 pp
Gross yield
Suburb 3.13%
Suburb median $985,000 from 30 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
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 Real Estate Partners SASited on a generous allotment size of approximately 730sqm with an extremely sought after wide frontage of 37m (approx.).
Its hard to get land of this size in a popular suburb that is so close to everything, giving buyers the security that their hard work and planning being rewarded in the future.. This is a unique opportunity to renovate, redevelop or build your dream home (subject to all necessary consents).
The location of this property offers convenience with the home only 5 min walk or 400m (approx.) to Greenacres Shopping Centre (with Coles and many specialty shops and cafes), also close to public transport and great schools as well.
Buyer note: Home is in need of renovation and repairs.
Council: Port Adelaide Enfield
Land Size: 730sqm (approx.)
Frontage: 37.18m (approx.)
Zoning: GN - General Neighbourhood\\
Due to the coronavirus (COVID-19) outbreak, it is important that we take all reasonable precautions to maintain the health and safety of our vendor, landlord, tenants and occupants, staff, tradespeople and any other persons visiting the property in connection with the tenancy.
To minimise the risk of coronavirus spread, could you please advise if you or any other tenant or occupant have the following symptoms of coronavirus:
Fever;
Sore throat;
Cough;
Fatigue; or,
Difficulty breathing.
In addition, please let us know if you or any other tenant or occupant:
Has developed COVID-19 and/or is in self-quarantine;
Has returned from overseas in the past 14 days and have developed respiratory illness with or without fever;
Has been in close contact with a confirmed coronavirus (COVID-19) case in the past 14 days and have developed respiratory illness with or without fever;
Has severe community-acquired pneumonia and there is no clear cause; or,
Is a healthcare worker who works directly with patients and have a respiratory illness and a fever.
If you answered 'yes' to any of the above items, could you please notify us as a matter of urgency prior to the entry.
Listing description written by Gary Musolino, Real Estate Partners SA — 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.