Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth South › Philip Hwy
$309,000
Last sold
19 June 2021
4
Bedrooms
1
Bathrooms
2
Car spaces
790 m²
Land
110 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
$309,000
19 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth South (last 5 years) with land size have a median of $814/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth South
-47.6%
Median sale
Suburb $590,000
+3.85 pp
Gross yield
Suburb 4.23%
Suburb median $590,000 from 24 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 $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.
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 South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 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
Mike Lao and Edge Realty are proud to present to the market this easy-care property that offers a comfortable place for you to call home. The layout is spacious and light-filled with multiple living spaces that will appeal to a growing family or those who love to entertain friends. This property is currently tenanted on a fixed lease of $325 per week in place until 24.08.2021 making it the perfect addition to any investment portfolio.
A large lounge room greets you as you step inside, with split system air conditioning and ample space for everyone to enjoy some downtime. There is a good-size combined kitchen and meals area that leads through to the laundry and out to the extensive pitched roof verandah. A rumpus is set at the rear of the home, perfect for use as an office, playroom, fourth bedroom or even a teenagers' retreat. The three bedrooms are all a great size with built-in robes for storage and easy access to the main bathroom with a bath and separate toilet.
When it's time to host friends, you are spoilt for choice with an abundance of outdoor living space to enjoy. A huge paver patio is set under a pitched roof verandah and there is a second covered patio that takes in views over the yard complete with mature trees. If you dream of a sustainable lifestyle, there is plenty of room to add a veggie patch and a chicken coop or simply let the kids run free and relish the room on offer.
There are so many extra features to love about this home including:
- The abundance of storage that includes two external storerooms
- An attached single carport plus plenty of off street parking in the long driveway
- A fence that envelops the entire property to extend the outdoor space
- Roller shutters and security doors for extra peace of mind
Convenience is assured with this wonderful property located just moments from everything you could need. The kids can ride their bikes to the Elizabeth South Primary School and you can walk to the Rose and Crown Hotel for an easy night out or drop into the local shops for a great range of takeaway options. St Mary Magdalene's School is only minutes away and you are also close to the Elizabeth South train station, plus Sir Thomas Playford Kindergarten and Elizabeth Vale Primary School. It's just a 4-minute drive to the Elizabeth City Centre while those who commute to the city centre can be there within 35 minutes.
Call Mike Lao to inspect!
Year Built / 1963 (approx)
Land Size / 790 sqm (approx)
Frontage / 17.7 m (approx)
Zoning / EN - Established Neighbourhood
Local Council / City of Playford
Council Rates / $1,560.90 pa (approx)
Water Rates (excluding Usage) / $562.20 pa (approx)
Es Levy / $90.65 pa (approx)
Rental / Current fixed lease of $325 per week in place until 24.08.2021
Title / Torrens Title
Easements / Subject to Service Easement(s) Over the Land Marked A for Sewerage Purposes - See Title
Internal Living / 110.7 sqm (approx)
Total Building / 244.6 sqm (approx)
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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