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 › Fatchen St
5
Bedrooms
2
Bathrooms
2
Car spaces
1,020 m²
Land
132 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.
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 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/hTpr8
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 15 & 17 Fatchen Street, Elizabeth Grove, an exceptional investment or development opportunity offering dual income and future growth potential!
Sitting proudly on a generous 1,020sqm (approx.) allotment with a wide 27m frontage, this rare pair of two semi-detached homes on one title presents immediate returns and future flexibility. With a small easement located in the back corner, the property also offers development potential (Subject to Approval from Council & All Other Relevant Authorities - STCA), making it ideal for investors, large families, or developers alike.
Both homes are currently tenanted, returning a combined income of $765 per week, allowing you to start earning from day one. Whether you choose to hold and collect strong rental returns, renovate to add value, or explore redevelopment options, the possibilities are vast.
Each home offers a practical layout with an air-conditioned lounge room, open-plan kitchen and meals area with electric appliances, and a separate laundry and bathroom positioned at the rear. No. 15 features three bedrooms, all set along the front of the home with easy-care vinyl flooring while No. 17 offers two comfortable bedrooms, both carpeted and positioned to the side for added privacy.
Outside, both homes feature spacious backyards with plenty of scope to enhance, extend or landscape to your preference (STCA). With wide driveways and gated access, there's ample off-street parking and room for outdoor improvements.
Key features you'll love about this home:
- Pair of two semi-detached homes on one title
- Total 1,020sqm block (approx.) with 27m frontage
- Combined rental income of $765 per week
- Air-conditioned living areas
Enjoy everyday convenience with Elizabeth City Centre, Elizabeth South shops a short drive away. You can walk to the local bus stop plus Seacombe Street Reserve complete with basketball/tennis court, picnic tables and football goal is just around the corner. Families will appreciate the choice of nearby schools including Elizabeth Grove Primary School, Playford International College, St Mary Magdalene's and Pinnacle College, while commuters will appreciate the easy 35-minute drive to the Adelaide CBD.
Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!
Year Built / 1962 (approx)
Land Size / 1,020sqm (approx)
Frontage / 27.09m (approx)
Zoning / HDN-Housing Diversity Neighbourhood
Local Council / City of Playford
15 Fatchen Council Rates / $1,684.54pa (approx
17 Fatchen Council Rates / $1,783pa (approx)
Water Rates (excluding Usage) / $705.20pa per property (approx)
15 Fatchen Es Levy / $91.75pa (approx)
17 Fatchen Es Levy / $101.20pa (approx)
15 Fatchen Current Rental / Fixed lease of $400pw until 29/7/26
17 Fatchen Current Rental / Fixed lease of $365pw until 13/8/26
Estimated Rental / $400-$440pw
Title / Torrens Title 5268/569
Easement(s) / Subject to service easement for sewerage - See title
Encumbrance(s) / Nil
Internal Living / 121.4sqm (approx)
Total Building / 132.6sqm (approx)
Construction / Solid Brick
Gas / Not 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/APgLZU
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.