Elizabeth South at a glance
3,150
People
$585,000
Median sale
$480/wk
Median rent
4.27%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth South › Underdown Rd
3
Bedrooms
1
Bathrooms
2
Car spaces
882 m²
Land
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 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
$585,000
Median sale
$480/wk
Median rent
4.27%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Planning and Design Code
Zone
Housing Diversity Neighbourhood
HDN
Jurisdiction
Playford
Playford, SA
23025184
22A1792 Land Division to create two additional allotments (reflects DA 23015975)
Decision Made · Lodged 15 Sept 2023
Council site report23015975
Three single-storey detached dwellings
Decision Made · Lodged 9 June 2023
Council site reportSource
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
SAZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 887 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 2 development applications on this parcel. Code Assessed - Deemed to Satisfy (Decision Made); Code Assessed - Deemed to Satisfy (Decision Made) Latest lodgement recorded 2023-09-15. These are this lot’s applications, not the neighbourhood pipeline. 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.
4 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Housing Diversity Neighbourhood · HDN (Planning and Design Code). Official parcel area about 887 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 887 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
Knownmedium2 development applications on this parcel. Code Assessed - Deemed to Satisfy (Decision Made); Code Assessed - Deemed to Satisfy (Decision Made) Latest lodgement recorded 2023-09-15. These are this lot’s applications, not the neighbourhood pipeline.
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
$585,000
Median sale
$480/wk
Median rent
4.27%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Angle Vale | ElizabethIN-ROOM at Shop 10, 121-123 Heaslip Road, Angle Vale
(Angle Vale Shopping centre next to derrimut gym)
Ray White Angle Vale | Elizabeth and Team Lister are excited to introduce this three-bedroom home in the highly desirable suburb of Elizabeth South. Sitting on a generous 882m² (approx.) block, this property boasts a prime location just a short walk from Lyell McEwin Hospital, Elizabeth Shopping Centre, and Playford City Shopping Centre.
With the potential for subdivision (subject to council consent STCC), opportunities like this are rare. You can rent it out, renovate, or explore other possibilities-the decision is yours! Upon entering the home, you'll find a spacious living room filled with natural light, perfect for family gatherings and entertaining. From the living area, a hallway leads to three well-sized bedrooms and a bathroom.
The master bedroom features built-in wall robes, providing extra storage. It is larger than typical bedrooms, offering ample space for personal furnishings. The other two bedrooms are also generously sized, making them ideal for adding robes as needed.
The bathroom features a shower, bathtub, and a basin with cupboard storage underneath, as well as a separate toilet nearby.
Continuing through the hallway, you'll discover the kitchen, which boasts ample overhead and under-bench cabinetry with quality appliances. As you exit the kitchen, you'll enter the laundry, which offers space for a washing machine and dryer, complete with an existing sink and storage below, as well as shelves above for your laundry essentials. Additionally, there is access to the backyard veranda. The backyard provides ample space for children and pets to enjoy. The shed at the rear of the allotment is perfectly placed in the back of the yard, along with space to create a veggie patch or whatever you wish.
There is a large undercover veranda space, perfect for both winter and summer, separated from the main backyard. This space can be transformed into whatever you desire-perhaps a swimming pool or granny flat. Homes with space like this are sought after and rare; this home won't stay on the market for long, so attend our scheduled open inspections to avoid missing out!
Features of this home include:
- 882m² block (approx.)
- 22.6m frontage
- Ability to be subdivided (STCC)
- Carpet flooring in the master bedroom and living area
- Tiled flooring throughout the remainder of the house
- Three bedrooms
- Bathroom with a shower and bathtub plus storage
- Kitchen with ample cabinetry
- Massive backyard with a decently sized shed
- Low-maintenance and established gardens
- Short drive from Salisbury Shopping Centre and Munno Para Shopping Centre
- Walking distance from Elizabeth Shopping Centre
- 20-25 minute drive to the Adelaide CBD
The home is situated in Elizabeth and is just a short drive to Salisbury, Munno Para Shopping Centre and walking distance to Elizabeth Shopping Centre and Playford City. It's also located close to sporting facilities and medical Centre. We recommend you attend our open inspections for this property, in this highly sought-after location.
Want to find out where your property sits within the market? Have our multi-award-winning agent come out and provide you with a market update on your home or investment! Call Callan Lister on 0412 388 183 or click on the following link https://raywhiteanglevale.com.au/agents/callan-lister/123085
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 representative is given or made as to the correctness of the information supplied and neither the owners nor 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 Callan Lister, Ray White Angle Vale | Elizabeth — reproduced as published, not verified by Districts.