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
$942,500
Last sold
3 Jan 2024
4
Bedrooms
2
Bathrooms
5
Car spaces
396 m²
Land
201 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
$942,500
3 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Greenacres (last 5 years) with land size have a median of $2,227/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
-4.3%
Median sale
Suburb $985,000
+0.14 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
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 NorwoodPeacefully nestled on a large rectangular allotment of 793m², this 1965 constructed, timber framed home is now being presented to the market for the first time in the modern era.
The home offers 3 bedrooms across a 5 main room design with the bonus of a transportable home, (in need of repair and upgrade), positioned at the rear of the allotment.
Developers with an eye for value will certainly be investigating the urban renewal potential of this fabulous block, with an opportunity to demolish the existing structures and construct 2 brand-new homes (STCC), as has been done on neighbouring allotments.
Larger families and those entering the market for the first time will certainly find the home plus shedding plus transportable an interesting option, so grab a paintbrush, roll up your sleeves and get busy.
The main home comprises a large living room with wall air-conditioner and gas heater, eat in kitchen with original cabinetry and wide sink, 3 generous bedrooms, bathroom with bath over shower, separate toilet and traditional laundry.
The transportable offers a living room and bedroom, (plus 2 smaller rooms with plumbing only), in need of upgrade and ready to revitalise into bathroom and kitchen areas. A wide rear verandah will provide shelter and shade.
3 separate sheds will provide valuable garden storage, completing an attractive offering for both renovators, investors and developers.
Breifly:
* Timber framed home on large traditional rectangular allotment
* Block size of 793m²
* Potential to demolish and subdivide
* Home of 5 main rooms including 3 bedrooms
* Spacious lounge with wall air-conditioner and gas heater
* Eat in kitchen with original cabinetry, wide sink and free standing gas stove|
* All 3 bedrooms of fair proportion
* Bedroom 2 with built-in robe
* Original bathroom with shower over bath
* Separate toilet and laundry
* Transportable home of 2 main rooms (no bathroom or kitchen)
* Wide rear verandah to the transportable
* Transportable in need of repair and upgrade
* Wide rear verandah to the transportable
* 3 separate sheds
Perfectly located within easy reach of all valuable amenities. 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, with Tea Tree Plaza available for your specialty and designer shopping.
There is a heap 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. The zoned high school is Roma Mitchell Secondary College. Quality private schooling in the local area can be found St Martins Primary, (directly across the road), 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 Neighbourhood
Land | 793sqm(Approx.)
House | 201sqm(Approx.)
Built | 1965
Council Rates | $1,170.05 pa
Water | $163.66 pq
ESL | $301.50 pq
Listing description written by Stefan Siciliano, Ray White Norwood — reproduced as published, not verified by Districts.