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 › Redward Ave
3
Bedrooms
1
Bathrooms
2
Car spaces
800 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
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 ProspectPerched on a mega 800sqm (approx) with a wide frontage of over 21 metres (approx), 85 Redward Avenue, Greenacres is a rare find ready for new occupants, eager investors or awaiting developers to cherish, transform or redefine.
This tidy bungalow, disguised as a petite family home, on a spacious allotment offers a large frontage with a lengthy driveway, with carport, that leads directly into the rear and provides ample parking space for multiple vehicles.
It's a wonderfully simple equation: Discover two front facing bedrooms with the master boasting floorboards, a ceiling fan and built-in cupboards while the third bedroom offers carpeted floors, a built-in cupboard and a ceiling fan.
The second bedroom, located directly adjacent, mimics the same features as bedroom three offering residents' mutual comfort and seamless access to the rest of the house.
Central to the home you'll find the main bathroom which exudes classic 1960's features like the powder-blue bathtub and Terrazzo-style flooring, while also having received some modern upgrades. A separate toilet offers convenience and functionality but also acts as a divider between the bathroom and laundry, which provides direct access to the rear.
Down the hall, experience the gorgeous natural light from the living rooms large, front facing windows that look out directly into the front garden. Cosy up on the couch with a book or close the blinds for ultimate relaxation and feel comforted knowing a ceiling fan and A/C will keep this environment comfortable year-round.
The smoothly interconnected living zones create space and flexibility, minus the fuss and upkeep. Adjacent to the living area, the dining space seamlessly flows right into the kitchen. With floor-boarded flooring throughout the entertaining spaces and all the necessary amenities in the kitchen, as well as direct access to the rear alfresco dining area, its perfect for entertaining guests.
For buyers seeking to create their dream home, the large allotment provides ample space for expansion, customisation, and landscaping. There is potential to add additional rooms, a pool, or outdoor entertaining areas, allowing buyers to create a residence perfectly tailored to their preferences and lifestyle.
Investors, on the other hand, can explore the potential for subdivision or development projects. Depending on local zoning regulations and planning permissions, the size of the allotment may allow for the construction of multiple dwellings such as townhouses or units, increasing the property's value and potential rental income.
In the meantime, enjoy the perks of a cosy, turn-key ready home with a secure, gated carport, large backyard with luscious gardens and huge undercover dining area.
The bones are strong, the plan is perfectly laid out and enormous potential awaits in the heart of Greenacres, in a conveniently located street, surrounded by quality homes, amenities and schools.
Additional features include:
• 21.34m frontage (approx)
• Ample street parking
• Rainwater tank
• Solar hot water system
• Two garden sheds offering further storage solutions
• Electric cooktop, oven and ample cabinetry in the kitchen
• Blinds on all bedrooms windows
• Located 1km from Greenacres Shopping Centre and 2.5km to Northgate Shopping Centre
Nearby schools include: St Martin's Catholic Primary School, Hamstead Primary School, Hillcrest Primary School, Cedar College, Our Lady of the Sacred Heart College, Roma Mitchell Secondary College, Marden Senior College
Ray White Prospect is 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.
Disclaimer: As much as we aimed to have all details represented within this advertisement be true and correct, it is the buyer/purchaser's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with
Listing description written by Stefan Siciliano, Ray White Prospect — 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.