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 › Midway Rd
3
Bedrooms
1
Bathrooms
2
Car spaces
830 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Elizabeth Park (last 5 years) with land size have a median of $910/m² of land (n=86). 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.
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 First National Real Estate Peoples' ChoiceLocated on the charming Midway Road in Elizabeth Park, this 1960-built home offers a fantastic opportunity for those looking to invest in a property with character and potential. With three bedrooms and a large block of approximately 830m2 approx. This residence has plenty of space to create your dream home.
As you approach the house, you’ll be greeted by its pretty street appeal, hinting at the possibilities that lie within. The exterior, while in need of some TLC, has a charming façade that, with a bit of love and care, can be transformed to enhance its curb appeal even further. Or if you’re the clever developer, you may not want to keep the original home, you may want to rebuild, with a big block of land like this, the options are endless.
Step inside, and you'll find a home that boasts a blend of original features and modern updates. The spacious living areas provide a blank canvas for your creativity. There’s a few bit of cracking in the walls and plaster is evident, but these are typical of a house of this age and can be addressed with some renovation work. These imperfections are balanced by the recent updates to the kitchen, which now features new, stylish benches that are ready to support your culinary adventures.
Each of the three bedrooms offers ample space, with natural light filtering through the windows, creating a warm and inviting atmosphere. While the home does need some love to restore it to its former glory, the potential here is undeniable. Imagine refinishing the floors, updating the fixtures, and adding your personal touch to each room to make it truly your own.
The large block of land is a standout feature of this property. With approximately 830m2 approx. to play with, there is plenty of room for outdoor entertaining, gardening, or even an extension if you wish to expand the living space. Also features a large carport with workshop attached. The backyard is a blank slate, waiting for someone with vision to transform it into a beautiful outdoor retreat or develop into extra housing.
One of the great advantages of this property is its location. Elizabeth Park is known for its friendly community and convenient amenities. Schools, parks, and shopping centres are all within easy reach, making it a great spot for families or anyone looking for a balanced lifestyle. The neighbourhood exudes a welcoming vibe, with tree-lined streets and a sense of community spirit.
For those interested in a partly furnished option, some furniture can be purchased with the home, providing a seamless transition and immediate functionality. This feature can be particularly attractive for first-time buyers or those looking to minimize the hassle of moving.
In summary, this three-bedroom home on Midway Road is a diamond in the rough, offering substantial potential for the right buyer. With a large block, updated kitchen, and charming exterior, it is ready for someone with the vision and enthusiasm to restore it to its full potential. Whether you’re a first-time homebuyer, a seasoned renovator, or someone looking for a project, this property is worth a closer look. Embrace the opportunity to bring this home back to life and make it a shining gem in the heart of Elizabeth Park.
For more information, call Sharryn Noonan on 0418 143 098.
First National Real Estate Peoples' Choice - RLA222770
Listing description written by Sharryn Noonan, First National Real Estate Peoples' Choice — 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.