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 › Butterfield Rd
$338,000
Last sold
8 Aug 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
669 m²
Land
73 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
$338,000
8 Aug 2023 · 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
-45.1%
Median sale
Suburb $616,000
+3.60 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://vtc.virtualtourscreator.com.au/share/c424d0de30e99fc8097461f9a4e8ea9e
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 three-bedroom, one-bathroom Elizabeth Park Property. With pleasant living spaces, a great sized block and excellent transport links to get you to Adelaide and beyond, this is a great home for young families looking or fantastic investment property to add to your portfolio.
The property is already tenanted on a fixed lease of $280 per week in place until 8/3/24 meaning you could choose to keep this house as an investment and continue to enjoy fantastic returns.
As you approach, you'll be greeted by the low maintenance front gardens and tubular front fence, adding a touch of class and security to the street front. Step inside into the front lounge room with beautiful pine floorboards flowing underfoot, creating a warm and inviting atmosphere.
From here you can step through to the spacious open plan kitchen and meals area equipped with laminate benchtops, overhead cupboards, an electric cooktop and oven, plus views over the expansive backyard.
All three bedrooms are generous in size and serviced by the main central bathroom with a shower, vanity, wall mounted cabinet plus a separate toilet set off the laundry which has external access.
Outside, there is a sunny patio area where you can cook on your barbeque as the children and pets explore the fully fenced yard. There is plenty of scope to transform this space to the ultimate outdoor entertainment area.
Fantastic property features include:
- Air-conditioning unit in the open plan kitchen/meals
- Pine floorboards throughout
- Front fence and security doors
- Ample off-street parking on the driveway
- Low-maintenance gardens with an orange tree
- Fantastic long term tenant in place
Situated within the quiet suburb of Elizabeth Park in Adelaide's north, the new owners will enjoy close proximity to schools and parks. A short drive will take you to Main North Road to connect you to everything you need, including the Adelaide CBD which is around 40 minutes away. Closer to home, the local Drakes Shopping Centre is within walking distance, as is Elizabeth Park Primary School, Parkview Reserve and Freemont Park. Elizabeth City Centre is a short 4 minute drive away for all your shopping and dining needs.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1960 (approx)
Land Size / 669sqm (approx)
Frontage / 13.4m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Playford
Council Rates / $1,613.15 pa (approx)
Water Rates (excluding Usage) / $614.80 pa (approx)
Es Levy / $94 pa (approx)
Current Rental / Fixed lease of $280 pw until 08.03.2024
Estimated Rental / $350 - $380 pw
Title / Torrens Title 6096/983
Easement(s) / Subject to party wall rights - See title
Encumbrance(s) / TBA
Internal Living / 73.2sqm (approx)
Total Building / 81.5sqm (approx)
Construction / Brick Veneer
Gas / Not 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/z0KEsQ
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.