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SA › Elizabeth Park › Patterson Rd

12 Patterson Rd, Elizabeth Park SA 5113

House

$481,000

Last sold

25 Oct 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

287 m²

Land

103 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $481,000 (25 Oct 2023).(Recorded sale)
  • CalculationRecorded House sales in Elizabeth Park (last 5 years) with land size: median $906/m² of land (n=85). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$481,000

25 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Elizabeth Park (last 5 years) with land size have a median of $906/m² of land (n=85). Districts calculation from recorded sales — not a valuation.

Elizabeth Park at a glance

4,598

People

$616,000

Median sale

$518/wk

Median rent

4.37%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Elizabeth Park report →

Vs Elizabeth Park

-21.9%

Median sale

Suburb $616,000

+1.23 pp

Gross yield

Suburb 4.37%

Suburb median $616,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$481,00025 Oct 2023
  2. Listedprice unknowncompleted16 Oct 2023
  3. Listedprice unknowncompleted16 Oct 2023

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 $518/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

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

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

Elizabeth Park in one glance

Elizabeth Park at a glance

4,598

People

$616,000

Median sale

$518/wk

Median rent

4.37%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Elizabeth Park report →

Keep researching

  • Why Elizabeth Park? Read the area thesis →
  • What else is on the market in Elizabeth Park →
  • Other records on Patterson Rd →

Listing material

Listed by Edge Realty

A Place to Call Home!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*

Virtual Tour Link: https://my.matterport.com/show/?m=6nVhYEyqhhT

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Read the full description

Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this sleek, stylish and spacious home that's ready for you to move in and enjoy. Designed to offer the very best in modern living, the lucky new owners of this stunning home will enjoy all the contemporary comforts you could ever wish for along with an unbeatable location.

A covered porch and beautiful landscaped gardens provide the ideal welcome to this home, inviting you inside to explore it for yourself. Crafted for open-plan living, the heart of the home is the light-filled kitchen with views over the generous meals area and the large family room. Glass sliding doors draw you outside to the sun-soaked patio where you can host friends in privacy and comfort.

The home cook will marvel at the flawless chef's kitchen with sweeping benchtops, gleaming cabinetry, quality fixtures and a suite of quality stainless steel appliances including a gas cooktop and electric oven. A built-in pantry adds incredible convenience along with the abundance of under-bench and overhead storage.

The three bedrooms are all a great size including your sumptuous master suite with a walk-in robe and a three piece en-suite. Both guest bedrooms are fitted with built-in robes and both are conveniently located close to the large main bathroom with a bath, shower, vanity and toilet.

Outside, the fenced backyard offers space for the kids to play in the sunshine without the high maintenance that comes with a large backyard.

This impeccable home also features:

- Daikin ducted reverse cycle air-conditioning throughout

- A double garage with an automatic panel lift door and internal access

- Plush carpet in all the bedrooms and gleaming tile floors in the generous living areas

- A good-size laundry with storage, trough, benchtop and side access

- Floor-to-ceiling tiles in both bathrooms

- Easy-care landscaping with a watering system to the front and back yards

Those who call this house a home will enjoy being just a short walk from local shops, Elizabeth Park Primary School, St Thomas More School and Fremont Park. Other great schools and amenities are within easy reach, as is Elizabeth City Centre and local train stations. Those who commute into the city for work can be there in under 45 minutes, and the lovely Barossa Valley region is an easy 30 minute drive away.

Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!

Year Built / 2016 (approx)

Land Size / 287sqm (approx)

Frontage / 10.26m (approx)

Zoning / GN-General Neighbourhood

Local Council / City of Playford

Council Rates / $1,613.15 pa (approx)

Water Rates (excluding Usage) / $614.80 pa (approx)

Es Levy / $92.30 pa (approx)

Estimated Rental / $400-$440pw

Title / Community Title 6065/461

Community Rates / $424.64pa (approx)

Easement(s) / Nil

Encumbrance(s) / Nil

Internal Living / 103.9sqm (approx)

Total Building / 133.6sqm (approx)

Construction / Brick Veneer

Gas / Connected

Sewerage / Mains

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/1EhWsR

Edge Realty RLA256385 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.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Remote Garage
  • Toilets: 2
Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.