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 › Sullivan Rd
$514,500
Last sold
11 July 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
452 m²
Land
112 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
$514,500
11 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth Park (last 5 years) with land size have a median of $906/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
-16.5%
Median sale
Suburb $616,000
+0.87 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
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 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=oBY4hTSQDmS
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market a fantastic starter home presenting an opportunity ideal for first home buyers, families, or savvy investors alike. This humble 3 bedroom abode offers ample room for couples, young families or downsizers to simply spread out and create lasting memories.
Just off the entry, you'll find the light-filled lounge, featuring ducted evaporative cooling, LED downlights, roller blinds offering privacy and stylish floating floors. This cosy space is perfect for unwinding after a long day or a family games night.
The combined kitchen and meals area comes with all you need to cook mouth-watering feasts for your loved ones. Laminate cabinetry with overhead cupboards and benchtops provide ample preparation and storage space. You'll enjoy creating culinary delights with the freestanding electric cooktop and oven, while clean up is a breeze with the sink, tile splashback and easy-care floating floors.
On offer are 3 bedrooms, all with comfortable carpet underfoot, ducted cooling, LED downlights and roller blinds. Servicing these rooms is the main bathroom with a vanity, showerbath and separate toilet catering to busy households and guests. The internal laundry makes washing day a breeze with a trough and external access leading to the fold-down clothesline.
Heading outside, you'll find a pergola perfect for alfresco dining or hosting Sunday BBQs. The yard is a blank canvas awaiting your personal touch - whether you envision the garden of your dreams, or a space for the kids and pets to freely play.
Key features you'll love about this home:
- Solid brick construction on low-maintenance 452sqm (approx) block
- Ducted evaporative cooling throughout, plus reverse-cycle split-system air-conditioning in the kitchen/meals
- Garden shed in front yard for storing your outdoor essentials
- Instant gas hot water system
- Front and rear security doors for peace of mind
Situated within the quiet suburb of Elizabeth Park in Adelaide's north, the new owners will enjoy close proximity to everything they could possibly need. Families will appreciate Elizabeth Park Primary School being directly across the road. Parks Shopping Centre is within walking distance, as is Parkview Reserve and Olive Grove Wetlands. For more intense retail therapy, Elizabeth City Centre and Munno Para Shopping are less than 7 minutes away for all your shopping and dining needs. Easy access to Main North Road and the North-South Motorway connects you to all essential amenities, including the Adelaide CBD which is around 45 minutes away.
Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!
Year Built / 1960 (approx)
Land Size / 452sqm (approx)
Frontage / 13.81m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Playford
Council Rates / $1,724.25 pa (approx)
Water Rates (excluding Usage) / $662.20 pa (approx)
Es Levy / $97.05 pa (approx)
Estimated Rental / $500-$550pw
Title / Community Title 5992/844
Community Fees / TBA
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 83.5sqm (approx)
Total Building / 121sqm (approx)
Construction / Solid Brick
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/R1SsXI
If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can 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. Please contact us to request a copy of the Contract of Sale prior to the Auction.
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.
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.