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 › Salway St
$540,000
Last sold
1 May 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
680 m²
Land
117 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
$540,000
1 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth Park (last 5 years) with land size have a median of $914/m² of land (n=85). 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.
Vs Elizabeth Park
-12.3%
Median sale
Suburb $616,000
+0.62 pp
Gross yield
Suburb 4.37%
Suburb median $616,000 from 26 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 $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
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 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 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://my.matterport.com/show/?m=G7X37VWUdXx
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 2 Salway Street, beautifully set on a 680sqm approx corner block with well-presented living space, perfectly-suited for large families seeking the idyllic suburban lifestyle.
Fully-fenced with a dual gated access on either side, the property is secure and private and will suit those who appreciate their own space and peace. A graceful front garden greets you with gorgeous greenery, while the classic exterior provides a warm welcome home.
Within, the spacious floorplan provides 5 generously-sized bedrooms, 4 of which feature built-in robes for storage without impeding on space. There are two bathrooms to accommodate busy families, the main bathroom is complete with modern fittings, including floor to ceiling tiling and a glass-panelled shower with a rainfall showerhead.
Step into the spacious open-plan kitchen, dining and family room, a space with gorgeous natural light and plentiful room to accommodate your choice of furniture and the layout to best suit your lifestyle.
Contemporary fittings are a theme throughout this home and the kitchen is no exception, coming equipped with a 900mm ceramic hotplate cooktop, electic oven, double-basin sink and butcher block wooden benchtops.
Outside, the backyard has real room to move and play with the family and could be the perfect blank slate to create your dream outdoor entertaining haven or you might even choose to add a pool or sub divide (STCA), the choice is all yours.
The double carport has ample undercover space for two vehicles, and connects to the enclosed verandah, which provides bountiful storage and a great workshop space for your next home project.
Key features you'll love about this home:
- Fully-fenced block with side access and space for your caravan or boat
- 5 well-sized bedrooms, 4 with built-in wardrobes and 2 bathrooms
- An attached 3.6x11.2m carport with drive-through access to the rear
- Ducted evaporative air-conditioning in the living areas and 3 bedrooms
- Wall air-conditioning units in 3 bedrooms
- Plenty of outdoor space to host guests, create vibrant gardens or subdivide (STCA)
- A generous 680sqm easement-free block with scope to add your own touches
In addition to all these amazing features, this property boasts an unbeatable location, with Jubilee Park, Dwight Reserve and Eastern Park Football Club well within walking distance. For families, Elizabeth Park Primary School, St Thomas More School and Pinnacle College are close by. Craigmore Village provides nearby shopping convenience with further retail and entertainment at Elizabeth City Centre. Those looking to commute will enjoy easy access to the Main North Road and can be in the Adelaide CBD within 40 minutes.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1971 (approx)
Land Size / 680sqm (approx - sourced from Land Services SA)
Frontage / 18m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Playford
Council Rates / $1,729.50 pa (approx)
Water Rates (excluding Usage) / $614.80 pa (approx)
Es Levy / $102.15 pa (approx)
Estimated Rental / $500-$550pw
Title / Torrens Title 5548/158
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 117.5sqm (approx)
Total Building / 285.5sqm (approx)
Construction / Brick Veneer
Gas / Not Connected
Sewerage / Mains
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/4RoC87
If this property is to be sold via Auction, the Vendors Statement (Form 1) may 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.
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.