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SA › Elizabeth South › Underdown Rd

35 & 37 Underdown Rd, Elizabeth South SA 5112

House

6

Bedrooms

2

Bathrooms

2

Car spaces

1,191 m²

Land

208 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationLand 1,191 m² against a 208 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Elizabeth South (last 5 years) with land size: median $814/m² of land (n=60). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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

$585,000

Median sale

$480/wk

Median rent

4.27%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Elizabeth South report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknowncompleted7 Apr 2020

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Elizabeth South in one glance

Elizabeth South at a glance

3,150

People

$585,000

Median sale

$480/wk

Median rent

4.27%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Elizabeth South report →

Keep researching

  • Why Elizabeth South? Read the area thesis →
  • What else is on the market in Elizabeth South →
  • Other records on Underdown Rd →

Listing material

Listed by REAL Agents & Auctioneers

BACK DUE TO CONTRACT FAILURE

Anyone for Two-up?

Make no mistake, places of this nature do not avail themselves to the marketplace every day. Set on 2 titles and comprising an impressive approx. 1,191m2 allotment and returning a combined total of $423 per week.

These are both 3 bedroom semis and are in very much original condition. They would respond well to a touch of love and attention but all the basics are there for any astute purchaser. The growing area is gaining popularity because of its positioning close to trains, busses, variety of schools plus its closeness to shopping precincts. The Lyell McEwin Hospital with its expanding medical precinct is a major bonus so hence every service is close at hand.

Read the full description

They both feature reverse cycle split system A/C plus a neutral colour scheme that complements them well. 35 features polished floorboards throughout and a rear verandah with concrete flooring plus a sizeable rear garden behind high gates.

37 has more carpet but both have all the bedrooms fronting the home and those original electric kitchens are still serviceable.

The toilets feature separately from the wet areas and both have sizeable laundry's. Again 37's rear gardens is expansive and would be a fantastic area for the children to frolic in behind high gates. The tenant has been a long term tenant and enjoys what the house and area has to offer.

So to view this special offering with great returns both on large allotments call Andy White on 0413 949 493 today.

*They are selling together and will not be sold separately.

CT: 5516/981 & 5516/982

Land Size: 604m² & 587m² (1191m² total)

House Size: 104m² & 104m² (208m² total)

Year Built: 1962

Zone: Residential Regeneration

Council: City of Playford

RLA 232366

Listing description written by Andy White, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.