Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth South › Richardson Rd
6
Bedrooms
2
Bathrooms
2
Car spaces
1,543 m²
Land
115 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 South (last 5 years) with land size have a median of $814/m² of land (n=60). Districts calculation from recorded sales — not a valuation.
Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 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 $480/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 South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge RealtyTo submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm
Mike Lao and Edge Realty are proud to present to the market this rare and sought-after opportunity to secure two side-by-side properties offering incredible rental returns. Both homes are designed for easy-care living and are currently tenanted returning $475 per week. 30 Richardson has a current fixed lease of $235 per week in place until 03.06.2022 & 32 Richardson has a current fixed lease of $240 per week in place until 08.04.2022.
The quiet yet convenient cul-de-sac location will impress a wide range of astute house-hunters as will the expansive approximate 1,543sqm total land size.
The homes are virtually identical with mirrored floorplans that provide three bedrooms and one bathroom per residence.
A shared covered verandah runs along the front of the entries which open to reveal generous living zones that feel bright and inviting. Each home has a lounge room and an open-plan kitchen and meals area ensuring plenty of room to gather with loved ones or host guests in comfort and style.
All six bedrooms are generous in size and run off the living areas while the bathrooms are set at the rear of the properties with separate toilets promising convenience for the busy family. From the laundry, you can make your way outside to the large and separate backyard with space for the kids to play, family pets to run free or to create vibrant gardens and even add a pool (STCA).
There is just so much to love about this must-see property including:
- Potential to update, modernise and add instant value to the homes
- Ample off-street parking space for both residences on the driveways
- Gated side access to the backyard for parking and added convenience
- One home offers a ceiling fan in the lounge and air-con in the kitchen
- Security doors and window grills to the properties for peace of mind
With such a central location, it's not hard to see why these properties attract a wide variety of eager tenants. Kaurna Plains School and Elizabeth South Primary School are both within easy walking distance and you're just moments from Playford College. A leisurely stroll will take you to the picturesque Ridley Reserve while Elizabeth South train station and the bustling Elizabeth City Centre are nearby. Easy access to Main N Road ensures you're never far from everything you could need.
Call Mike Lao to inspect!
Year Built / 1961 (approx)
Total Land Size / 1,543 sqm (approx)
Zoning / EN-Established Neighbourhood
Local Council / City of Playford
Title / Torrens Title
Easements / Subject to Party Wall Rights & Service Easement for Sewerage Purposes - See Title
Internal Living / 115.3 sqm (approx)
Total Building / 130.7 sqm (approx)
30 Richardson
Land Size / 929 sqm (approx)
Frontage / Irregular 8.67 m (approx)
Council Rates / $1,347.60 pa (approx)
Water Rates (excluding Usage) / $565.20 pa (approx)
Es Levy / $74.05 pa (approx)
Current Rental / Current fixed lease of $235 per week in place until 03.06.2022
32 Richardson
Land Size / 614 sqm (approx)
Frontage / Irregular - 11.79 m (approx)
Council Rates / $1,347.60 pa (approx)
Water Rates (excluding Usage) / $565.20 pa (approx)
Es Levy / $74.05 pa (approx)
Current Rental / Current fixed lease of $240 per week in place until 08.04.2022
Edge Realty 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.