1 Colac StreetGreenacres SA 5086
Property Details for 1 Colac St, Greenacres
Last Listing description (June 2026)
An exceptional opportunity to secure premium Torrens Titled allotments in one of Adelaide's rapidly growing suburbs, offering outstanding convenience, lifestyle appeal, and long-term value.
With council-approved floor plans available for both allotments, these build-ready blocks provide the ideal foundation for first-home buyers, investors, families, and builders looking to secure quality land in a highly convenient location.
Whether you're planning your dream home or seeking a smart investment, this is an opportunity not to be missed.
Allotment Details
Allotment 300
• Land Size: 410 sqm (approx.)
• Frontage: 11.22 metres (approx.)
• Depth: 36.58 metres (approx.)
Allotment 301
• Land Size: 329 sqm (approx.)
• Frontage: 9.0 metres (approx.)
• Depth: 36.58 metres (approx.)
Key Features
• Torrens Titled allotments
• Vacant, build-ready blocks
• Council-approved floor plans available
• Ideal for custom-designed family homes (STCC)
• Strong capital growth and rental appeal
• Perfect for owner-occupiers, investors, and builders
• Rare opportunity in an established suburb with limited land supply
Location Highlights - Lifestyle & Convenience
Enjoy the benefits of living in a highly connected and family-friendly neighbourhood:
• Minutes from Greenacres Shopping Centre
• Short drive to Westfield Tea Tree Plaza
• Close to quality schools including St Martin's Catholic Primary School and Hampstead Primary School
• Easy access to public transport and major arterial roads
• Approximately 20 minutes to the Adelaide CBD
• Surrounded by parks, reserves, playgrounds, and community amenities
Greenacres continues to attract strong buyer demand thanks to its affordability, excellent infrastructure, and proximity to major retail and employment hubs.
First Home Buyers - Government Incentives Available
Eligible first-home buyers may benefit from:
• Stamp Duty Relief on vacant land purchases, and
• The $15,000 First Home Owner Grant when building a new home in South Australia (subject to eligibility criteria and government requirements).
We recommend all purchasers seek independent advice to confirm their eligibility.
A Smart Move for the Future
With land becoming increasingly scarce in established suburbs, these premium allotments present a rare chance to secure your place in a proven growth location and build a home designed around your lifestyle.
For further information, price guidance, or to secure your preferred allotment, contact: Sanjay Patel 0425 270 101.
Property History for 1 Colac St, Greenacres, SA 5086
- 11 Jun 2026Listed for Sale Contact Agent
- 10 Dec 2024Sold for $842,000
- 23 Nov 2022Transferred
Recent sales nearby
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0About Greenacres 5086
The size of Greenacres is approximately 1.1 square kilometres. There are 3 parks, covering nearly 3.3% of the total area. The population of Greenacres in 2016 was 2815 people. By 2021 the population was 3356 showing a population growth of 19.2% in the area during that time. The predominant age group in Greenacres is 30-39 years. Households in Greenacres are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenacres work in a professional occupation.In 2021, 59.60% of the homes in Greenacres were owner-occupied compared with 55.70% in 2016.
Greenacres has 1,622 properties. Over the last 5 years, Houses in Greenacres have seen a 89.98% increase in median value, while Units have seen a 137.86% increase. As at 31 May 2026:
- The median value for Houses in Greenacres is $1,026,742 while the median value for Units is $622,985.
- Houses have a median rent of $680 while Units have a median rent of $480.
Suburb Insights for Greenacres 5086
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