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 › Ridley Rd
$541,000
Last sold
12 July 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
820 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
$541,000
12 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth Grove (last 5 years) with land size have a median of $705/m² of land (n=53). 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.
Vs Elizabeth Grove
-18.3%
Median sale
Suburb $662,500
+0.84 pp
Gross yield
Suburb 3.77%
Suburb median $662,500 from 20 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 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 Harcourts PlayfordSuperbly located opposite the Ridley Reserve sports fields is this spacious 820m2 block (Approximately) with wide 30 meter frontage and no easements providing an exciting development opportunity subject to council consent.
Situated on this flat piece of land is a 3 bedroom home (master with BIR'S), L-shaped lounge/dining room with split system air-conditioning leading through to the kitchen area while the laundry, bathroom and wc are off the main hallway.
The home is in need of some repair and renovation to recapture its former glory.
Among the external improvements feature lined garage ideal for teenagers or games room for the family to enjoy.
Carport with roller door and rear verandah provide secure parking and entertaining options.
The most desirable area for families and kids to grow with playgrounds, grassed playing areas and walking trails at your front door. Only minutes away are the Elizabeth shopping precinct, featuring retail, cinemas, cafes/restaurants and lots more.
Public transport (bus and train), schools and close proximity to Northern Expressway offers reduced travel time direct to Adelaide's beautiful coastline or the Barossa wine region.
With the required TLC or the exciting subdivision potential both investors and developers alike can become the latest beneficiaries of the positive transformation within the northern suburbs.
Listing description written by Roy Laird, Harcourts Playford — reproduced as published, not verified by Districts.