Elizabeth Grove at a glance
2,719
People
$662,500
Median sale
$480/wk
Median rent
3.77%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth Grove › Mahood St
6
Bedrooms
2
Bathrooms
0
Car spaces
1,115 m²
Land
162 m²
Building
Districts View
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 Elizabeth Grove (last 5 years) with land size have a median of $699/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Elizabeth Grove at a glance
2,719
People
$662,500
Median sale
$480/wk
Median rent
3.77%
Suburb gross yield
Median sale from 20 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 $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Elizabeth Grove at a glance
2,719
People
$662,500
Median sale
$480/wk
Median rent
3.77%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge RealtyTo submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm
On offer is two comfortable family homes set side by side with spacious living areas and room to move both inside and out. The choice is all yours when it comes to both of these delightful three-bedroom abodes with an impressive combined land size of 1,115sqm approx. If you're looking to continue to rent out both residences and reap the rewards on your investment, this is one exciting opportunity you won't want to miss. 10 Mahood Street is currently on a fixed lease of $220.00 per week until February 17th 2021 and 12 Mahood Street is currently on a fixed lease of $221.00 per week until September 16th 2021.
Both properties feature a good-size front yard and patio ensuring a relaxed and welcoming feel. The instant appeal continues with gleaming pine floorboards contrasting perfectly with the fresh neutral colour palette that draws you into the living zones.
The spacious lounge rooms are set at the front of the home and are the perfect place to unwind with a good movie once the kids are in bed. Also generous in size is the open plan kitchen and meals areas with split system air conditioning for year round comfort. A rear laundry and bathroom with a bath and a separate toilet complete the floorplans.
Perfect for your next Sunday barbeque, you can unwind with friends in absolute comfort under the covered and paved rear entertaining area while overlooking the expansive backyard. The fully fenced yards have room to create lush gardens, a shed or even a pool (STCA).
Perfect for convenient family living, this home is set just a short walk from Burgate Reserve and local bus stops. Elizabeth Grove Junior Primary School and Elizabeth South Primary School are also nearby and the Elizabeth City Centre is within easy reach. Elizabeth South Railway station is also only a 5-minute drive away.
Call Mike Lao to inspect!
10 Mahood Street, Elizabeth Grove
Year Built / 1962 (approx)
Land Size / 554 sqm (approx)
Frontage / 12 m (approx)
Zoning / RREG - Residential Regeneration
Local Council / City of Playford
Council Rates / $1,026.82 pa (approx)
Water Rates (excluding Usage) / $562.20 pa (approx)
Es Levy / $71.30 pa (approx)
Rental / Currently on a fixed lease of $220.00 per week until February 17th 2021.
Title / Torrens Title
Easements / Subject to Party Wall Rights and Subject to Service Easement for Sewerage Purposes - See Title
12 Mahood Street, Elizabeth Grove
Year Built / 1962 (approx)
Land Size / 561 sqm (approx)
Frontage / 12.4m (approx)
Zoning / RREG - Residential Regeneration
Local Council / City of Playford
Council Rates / $1,026.82 pa (approx)
Water Rates (excluding Usage) / $562.20 pa (approx)
Es Levy / $71.30 pa (approx)
Rental / Currently on a fixed lease of $221.00 per week until September 16th 2021.
Title / Torrens
Easements / Subject to Party Wall Rights and Subject to Service Easement for Sewerage Purposes - See Title
Edge Realty are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.
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