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.
SA › Elizabeth Park › Sullivan Rd
$605,000
Last sold
20 May 2026
2
Bedrooms
1
Bathrooms
1
Car spaces
694 m²
Land
743.224 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$605,000
20 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth Park (last 5 years) with land size have a median of $914/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.
Vs Elizabeth Park
-1.8%
Median sale
Suburb $616,000
+0.08 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 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 $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.
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
UnknownArea
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.
Listing material
Listed by Edge Realty*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://shorturl.at/nrvkI
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market an exciting opportunity to secure a well positioned home on a generous 690sqm (approx) allotment, offering comfort, practicality and plenty of space to make your own. Whether you are a first home buyer looking to enter the market, an investor seeking a solid addition to your portfolio, or a downsizer wanting a manageable home with future potential, this property presents great potential. Please note this property is currently tenanted and returning $450 per week on a fixed lease until 26/9/26
Step inside and you are welcomed directly into the lounge room, a light filled space designed for everyday comfort. Floating floors, sheer curtains and roller blinds add character, while a wall air conditioning unit, ceiling fan and combustion heater ensure climate control across the seasons.
Centrally located, the combined kitchen and meals area provides a functional hub for daily living. The L shaped kitchen is equipped with a built in pantry, overhead cupboards and laminate cabinetry, offering ample storage. A Chef freestanding gas cooktop and oven cater to daily cooking needs, while the single sink with a PuraTap adds convenience. The adjoining meals area offers a relaxed space to gather together and dine.
Accommodation includes two generous bedrooms, with the master featuring a mirrored built in robe, ceiling fan with a light and carpet underfoot. The second bedroom is complete with roller blinds and carpet tiles. The bathroom comes complete with a shower, single sink, toilet and heat lamp. An external laundry with a trough adds further practicality.
Outside, the home offers a semi enclosed porch and flat roof verandah, along with a pergola with a shade cloth and lattice, positioned over a large garden bed. The large backyard offers room for kids, pets or future enhancements (Subject to Approval from Council & All Other Relevant Authorities - STCA). A separate garage with benches and cupboards provides additional storage or workshop use.
Key features you'll love about this home:
- Generous 690sqm (approx) allotment
- 8 x solar panels and an Eversolar inverter
- Ducted evaporative cooling throughout, with a reverse cycle wall unit and combustion heater in the lounge
- Spacious backyard with room for future enhancements (STCA)
- Separate garage with benches and storage cupboards
Conveniently located, the home is within walking distance to public transport for easy commuting. Parks Shopping Centre is close by for everyday essentials, with Elizabeth City Centre just a short drive offering a wider range of shopping, dining and services. The nearby Olive Grove Wetlands provide a great spot to unwind with walking trails, while a selection of schools including Elizabeth Park Primary, St Thomas More School and Pinnacle College are all within easy reach. The Adelaide CBD is approximately a 45 minute drive.
Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!
Year Built / 1960 (approx)
Land Size / 690sqm (approx - sourced from Land Services SA)
Frontage / 17.46m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Playford
Council Rates / $1,881.47pa (approx)
Water Rates (excluding Usage) / $705.20pa (approx)
Es Levy / $110.65pa (approx)
Estimated Rental / $500-$550pw
Current Rental / Fixed lease returning $450pw until 26/9/26
Title / Torrens Title 6117/635
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 77.3sqm (approx)
Total Building / 147.5sqm (approx)
Construction / Solid Brick
Gas / Connected
Sewerage / Mains
Selling Investment
For additional property information such as the Certificate of Title, please copy and paste this link into your browser: https://vltre.co/pyrgRv
If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.
Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/
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.
Nearby 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.