Redward Avenue House and Land
Greenacres is a well-established residential suburb located about 9 km northeast of Adelaide’s CBD, within the City of Port Adelaide Enfield. It offers a blend of older character homes and newer developments, making it a popular choice among first-home buyers, young families, and investors. With a mix of cultural diversity and community-oriented living, Greenacres continues to grow in both popularity and value.
The suburb’s housing market is relatively affordable for its location. As of mid-2025, the median house price is around $655,000, with units averaging about $420,000. The area has seen steady capital growth over recent years, with homes typically spending just 20 to 30 days on the market. Rental yields are solid, with houses leasing for about $520 per week and units for around $390, generating returns in the range of 4.3% to 4.8%.
Greenacres offers convenient access to amenities. The Greenacres Shopping Centre is the main retail hub, featuring a Coles supermarket, medical clinics, takeaway food outlets, and essential services. Northgate Shopping Centre is also nearby, providing additional retail options and big-name stores. Residents have easy access to a range of cafes, local businesses, and community facilities.
The suburb is known for its parks and open spaces. Broadview Oval and nearby reserves offer playgrounds, sporting fields, and picnic areas. The scenic Linear Park Trail is a short drive away, ideal for walking and cycling. The suburb’s tree-lined streets and moderate green coverage contribute to its pleasant residential feel.
In terms of education, Greenacres is well serviced. Local options include Hampstead Primary School, St Martin’s Catholic Primary School, and nearby Roma Mitchell Secondary College. There are also early learning and childcare centres throughout the area.
Public transport is reliable and well-connected. Several bus routes run along Hampstead Road and North East Road, providing direct links to the CBD and surrounding suburbs. Driving to the city takes around 15 to 20 minutes, and major roads like Grand Junction Road and the North-South Motorway are easily accessible.
Greenacres enjoys a solid reputation as a convenient, affordable, and increasingly desirable suburb for families and professionals alike. Its proximity to the city, access to transport, shopping, and schools, along with consistent property performance, make it a well-rounded choice for buyers and investors seeking growth and liveability in Adelaide’s inner northeast.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.
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Nearby Properties
Properties located within a 50-kilometer radius of the current property.
![[Estate] Property Image](https://wsrv.nl/?url=https://fhba.com.au/wp-content/uploads/properties/15802/Photo-1.png&w=300&maxage=1w&af&il&fit=inside&a=attention&output=webp&dpr=2)
![[Estate] Property Image](https://wsrv.nl/?url=https://fhba.com.au/wp-content/uploads/properties/15848/Photo-1.png&w=300&maxage=1w&af&il&fit=inside&a=attention&output=webp&dpr=2)