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SA › Greenacres › Vasey St

U4, 4 Vasey St, Greenacres SA 5086

For saleUnit

$475,515

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

141 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $475,515 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $475,515(Listing record · 22 July 2026)
  • CalculationAsk is 52% below the Greenacres median recorded sale ($985,000, n=30, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Greenacres's advertised median rent ($592/wk), implied gross yield would be 6.47% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$475,515

Asking · $3,372/m² of land

No recorded sale for this property.

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.

See the full Greenacres report →

Vs Greenacres

-51.7%

Median sale

Suburb $985,000

+3.34 pp

Gross yield

Suburb 3.13%

Suburb median $985,000 from 30 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$475,515
Stamp Duty (South Australia)
$20,106
Transfer/Registration Fee
$4,868
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$504,189

$28,674 on top of the price (6.0% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Greenacres's advertised median rent — not a rent for this listing.

Net yield
4.97%
Annual cashflow (pre-tax)
$-1,076
Interest cover (DSCR)
0.96
Annual rent
$30,784
Operating expenses
$7,133
Loan amount
$380,412
Annual interest
$24,727
Gross yield
6.47%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$475,515available21 July 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 $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.

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

Gross yield if leased at the suburb aggregate is 6.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Greenacres in one glance

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.

See the full Greenacres report →

Keep researching

  • Why Greenacres? Read the area thesis →
  • What else is on the market in Greenacres →
  • Other records on Vasey St →

Listing material

Listed by Ray White Paradise

Open Inspection Cancelled

Open Inspection Cancelled, Sorry For Any Inconvenience

Perfectly positioned in a quiet group, this beautifully updated one-bedroom unit presents an outstanding opportunity for first home buyers, downsizers and astute investors seeking low-maintenance living in the heart of Greenacres.

Fresh, bright and beautifully maintained, the home welcomes you with a spacious open plan living and dining area, complemented by floating timber-look flooring, neutral décor and an abundance of natural light. A split system air conditioner and ceiling fan ensure year-round comfort, while the well-appointed kitchen offers ample cupboard and bench space, quality appliances and a practical layout for everyday living.

Read the full description

The generous bedroom is serviced by a neat and functional bathroom with integrated laundry facilities, maximising both space and convenience.

Step outside to enjoy the covered pergola, creating the perfect setting for entertaining guests, relaxing with a morning coffee or unwinding after a long day. The secure, low-maintenance front yard provides additional outdoor space without the upkeep, making this an ideal lock-up-and-leave lifestyle.

Situated in a highly convenient location, you'll enjoy easy access to local shopping centres, public transport, parks, schools and cafés, with the Adelaide CBD just a short commute away.

Whether you're looking to enter the property market, expand your investment portfolio or downsize without compromise, this charming home is one not to be missed.

Features You'll Love:

• Beautifully updated throughout

• Spacious open plan living and dining area

• Well-appointed kitchen with ample storage

• Generous bedroom filled with natural light

• Neat bathroom with integrated laundry

• Floating timber-look flooring

• Split system air conditioning

• Ceiling fans

• Covered outdoor entertaining area

• Secure, low-maintenance yard

• Quiet and convenient group setting

• Ideal for first home buyers, downsizers and investors

This is a fantastic opportunity to secure an affordable, move-in-ready home in a sought-after location with everything you need close at hand.

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.

RLA 322799

Property Details:

Council | Port Adelaide Enfield

Zone | General Neighbourhood

Land | 141sqm(Approx.)

House | 91sqm(Approx.)

Built | 1971

Council Rates | $TBC pa

Water | $TBC pq

ESL | $TBC pa

Listing description written by Nick Borrelli, Ray White Paradise — reproduced as published, not verified by Districts.

Districts

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

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