Elizabeth North at a glance
3,639
People
$607,500
Median sale
$464/wk
Median rent
3.97%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth North › Homington Rd
$440,000
Last sold
30 Nov 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
790 m²
Land
100 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
$440,000
30 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth North (last 5 years) with land size have a median of $746/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Elizabeth North at a glance
3,639
People
$607,500
Median sale
$464/wk
Median rent
3.97%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth North
-27.6%
Median sale
Suburb $607,500
+1.51 pp
Gross yield
Suburb 3.97%
Suburb median $607,500 from 34 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 $464/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 North at a glance
3,639
People
$607,500
Median sale
$464/wk
Median rent
3.97%
Suburb gross yield
Median sale from 34 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/DKLT5
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this easy-care home that's sure to appeal to a wide range of buyers. Looking to bolster your investment portfolio? The property is currently tenanted with a fixed lease of $305 pw until 27/11/23 then increasing to $370 pw until 25/11/24. Whether you are a first home buyer or family looking for a place to call home or perhaps a savvy investor planning is to sit back and enjoy the return, now is the time to buy and secure your future.
Inside, there's a spacious lounge and dining room set at the front of the layout adorned with comfortable carpet flooring underfoot, timber wall panelling and a classic stone feature with a Rinnai heater. Here there is plenty of space for the whole family to spread out and relax. From here you step through the sliding doors into the rear verandah or into the kitchen equipped with electric appliances, dishwasher, and ample storage within the built-in pantry, overhead cupboards and under bench cabinets.
Two of the three bedrooms are equipped with dual robes while bedroom two has convenient access to a side pergola. All three bedrooms enjoy easy access to the bathroom complete with a separate bath, shower and toilet. There's a good-size external laundry, plus a double carport and external shed for additional storage.
Outside is a true gem with plenty of shaded areas to host your Sunday BBQ or simply sit back and enjoy your morning coffee as you take in the lush surrounds.
Fantastic property features include:
- Ducted evaporative air-conditioning throughout
- Reverse cycle split-system air-conditioning unit in the entry/lounge
- Two bedrooms with dual robes
- Multiple shaded outdoor entertaining areas
- Double carport with an automatic roller door
- Shed for additional storage
Everything you will ever need is just moments from this humble family home. Ideally located on a sprawling lot in a quiet,family-friendly street, you'll be close to plenty of parks and reserves like Argana Park and Breamore Reserve, so you can be in contact with nature and enjoy leisurely walks with your pets or kids. Schools like Elizabeth North Primary School and Playford College are also close by as is Elizabeth City Centre for all your shopping needs. Set on an enormous 790sqm approx block providing you with the opportunity to get involved in the exciting redevelopment transforming the north.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1960 (approx)
Land Size / 790sqm (approx - sourced from Land Services SA)
Frontage / 25.60m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Playford
Council Rates / $1,648.95 pa (approx)
Water Rates (excluding Usage) / $614.80 pa (approx)
Es Levy / $97.15 pa (approx)
Current Rental / Fixed lease of $305 pw until 27/11/23 then increasing to $370 pw until 25/11/24
Estimated Rental / $400 - $440 pw
Title / Torrens Title 5266/394
Easement(s) / Subject to easement for sewerage purposes - See title
Encumbrance(s) / Nil
Internal Living / 100.2sqm (approx)
Total Building / 240.8sqm (approx)
Construction / Cement Sheet; Weatherboard
Gas / Connected
Sewerage / Mains
Selling Investment
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/SQSucW
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.