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
3
Bedrooms
1
Bathrooms
1
Car spaces
640 m²
Land
94 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Elizabeth North (last 5 years) with land size have a median of $741/m² of land (n=89). 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.
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/FPL6W
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 charming 3-bedroom residence, perfectly positioned on a spacious 640sqm (approx.) block - ideal for investors, first-time buyers, and young families. Currently leased at $375 per week, this home is already generating strong rental returns, making it an outstanding addition to any property portfolio. Beyond its investment potential, the home boasts a functional floorplan that will appeal to a wide range of buyers.
Upon entry, you're greeted by a front lounge room complete with reverse cycle air conditioning and a ceiling fan to ensure comfort throughout every season, making it the perfect space to gather with loved ones or unwind after a long day.
The kitchen/meals space is well-appointed with electric appliances, painted wood cabinetry with overhead cupboards, easy-clean vinyl flooring, and ample bench space finished with durable laminate tops.
All bedrooms are finished with roller blinds, pendant lighting and carpet flooring for added comfort, plus the master contains a 3-bay built-in robe catering to your wardrobe needs. The central bathroom includes a showerbath with a handheld showerhead, while a separate toilet is conveniently situated near the laundry.
Head outside to find that the expansive, fully fenced backyard is a blank canvas, offering endless potential to create a garden oasis, build a play area, or extend the home (Subject to Approval from Council & All Other Relevant Authorities). The workshop and garage provide handy storage solutions or room for your next DIY project, and the rear double gates allow for abundant off-street parking.
Key features you'll love about this home:
- 640sqm (approx) block with no easements or encumbrances
- A reverse-cycle split-system air-conditioning unit in the lounge
- 3 bedrooms and master with a mirrored built-in robe
- Front and rear security doors, and window awnings for peace of mind
- 2 large workshop/sheds and double rear gates for off street parking
Conveniently located, this property is just a short walk to local bus stops and Elizabeth North Primary School & Preschool. Recreational options abound with the nearby Argana Park, hosting Elizabeth Netball and Football Clubs, as well as Craigmore Cricket and Elizabeth Downs Soccer Clubs. For shopping, the bustling Munno Para Shopping and Elizabeth City Centre are just a stone's throw away, offering a variety of retail and dining options. Plus, thanks to the Northern Expressway and Main North Road, the Adelaide CBD is just a 45-minute drive, ensuring you'll enjoy the perfect balance of suburban tranquillity and city convenience.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1960 (approx)
Land Size / 640sqm (approx - sourced from Land Services SA)
Frontage / 21.94m (approx)
Zoning / GN - General Neighbourhood
Local Council / City of Playford
Council Rates / $1,699.50 pa (approx)
Water Rates (excluding Usage) / $662.20 pa (approx)
Es Levy / $94.85 pa (approx)
Current Rental / Periodic lease of $375pw
Estimated Rental / $420 - $460pw
Title / Torrens Title 5266/330
Easement(s) / Nil
Encumbrance(s) / Nil
Internal Living / 86.4sqm (approx)
Total Building / 125.2sqm (approx)
Construction / Rendered
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/ZEQR7K
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.