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SA › Evandale › Elizabeth St

35 Elizabeth St, Evandale SA 5069

For saleHouse

$1,270,000–$1,320,000

For sale

Asking range

$1,001,000

Last sold

18 Feb 2023

3

Bedrooms

1

Bathrooms

1

Car spaces

534 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,270,000–$1,320,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,270,000–$1,320,000(Listing record · 5 Aug 2026)
  • CalculationLand 534 m² against a 110 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Evandale (last 5 years) with land size: median $2,286/m² of land (n=18). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 4% below the Evandale median recorded sale ($1,321,000, n=9, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Evandale's advertised median rent ($320/wk), implied gross yield would be 1.31% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$1,270,000–$1,320,000

Asking range · $2,378/m² of land

Last recorded sale $1,001,000 (18 Feb 2023).

Local land rate: recorded House sales in Evandale (last 5 years) with land size have a median of $2,286/m² of land (n=18). Districts calculation from recorded sales — not a valuation.

Evandale at a glance

1,525

People

$1,321,000

Median sale

$320/wk

Median rent

1.26%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Evandale report →

Vs Evandale

-3.9%

Median sale

Suburb $1,321,000

+0.05 pp

Gross yield

Suburb 1.26%

Suburb median $1,321,000 from 9 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,270,000
Stamp Duty (South Australia)
$63,680
Transfer/Registration Fee
$13,163
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,350,543

$80,543 on top of the price (6.3% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Evandale's advertised median rent — not a rent for this listing.

Net yield
-0.19%
Annual cashflow (pre-tax)
$-68,450
Interest cover (DSCR)
-0.04
Annual rent
$16,640
Operating expenses
$19,050
Loan amount
$1,016,000
Annual interest
$66,040
Gross yield
1.31%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

202320242026$1.0m$1.27m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,270,000–$1,320,000available5 Aug 2026
  2. Sold$1,001,00018 Feb 2023
  3. Listedprice unknowncompleted1 Feb 2023
  4. Soldprice unknown27 May 2020
  5. Listedprice unknowncompleted13 Mar 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 $320/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

Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Evandale in one glance

Evandale at a glance

1,525

People

$1,321,000

Median sale

$320/wk

Median rent

1.26%

Suburb gross yield

Median sale from 9 recorded sales (last 24 months) — a Districts calculation.

See the full Evandale report →

Keep researching

  • Why Evandale? Read the area thesis →
  • What else is on the market in Evandale →
  • Other records on Elizabeth St →

Listing material

Listed by Eclipse Real Estate

Hi, I’m An Evandale Original...

Say hello to a home with personality, practicality and a seriously good postcode. Built in 1960 and thoughtfully updated for modern living, this character-filled Evandale residence brings together fabulous mid-century details, generous proportions and a long list of considered upgrades, all just moments from the CBD and The Parade.

Step inside and the home's original charm is immediately apparent, complemented by fresh, contemporary finishes that make it feel bright and welcoming. The separate lounge is a cosy retreat with large windows, plantation shutters and a feature fireplace, while the adjoining dining area flows through to the updated kitchen. Here, contrasting black and white cabinetry, timber-look benchtops, gas cooking and a dishwasher create a functional everyday workspace with plenty of storage.

Two generous bedrooms are positioned towards the front of the home, both featuring built-in robes, while the separate study offers excellent flexibility as a potential third bedroom. Currently configured as a home office with an integrated desk, the space can easily adapt to suit your needs, whether that's working from home, accommodating guests or returning it to bedroom use.

Read the full description

The central bathroom has been refreshed with crisp white finishes, a bath and separate shower, with a separate toilet and laundry adding further practicality.

One of the home's best surprises is the substantial utility area at the rear. Offering plenty of flexibility, it could be used as a hobby room, play space or simply somewhere to spread out, with excellent built-in storage adding even more practicality.

Outside, there's plenty more to work with. A secure carport runs alongside the home, while the generous rear garden offers lawn, established greenery and room to enjoy the outdoors. A large freestanding garage and adjoining store provide excellent workshop, vehicle or storage options, and the automated front gate and fencing create a secure street frontage. And yes, there's even an avocado tree out front doing its bit for the Sunday brunch budget.

Beyond the good looks, plenty of important upgrades have already been taken care of. New flooring, updated wiring and switchboard, Bradford Gold R6.0 ceiling insulation and a 7.885kW solar system with Fronius inverter, and a heat pump hot water system recently intalled.

Then there's the location. Evandale puts you within easy reach of the Adelaide CBD, Norwood and The Parade, with public transport, local cafés, shopping and everyday essentials all close by. Think summer walks into the city for the Fringe or WOMAD, or heading over to Norwood Oval when footy season rolls around. Character, thoughtful updates, plenty of space and a location that makes the most of Adelaide living – this one has a lot to love.

Check me out:

— 1960-built home with distinctive mid-century character and terrazzo details

— Two generous bedrooms, both with built-in robes

— Separate study offering flexibility as a potential third bedroom

— Separate lounge with feature fireplace and plantation shutters

— Updated kitchen with gas cooking, dishwasher and excellent storage

— Dining area adjoining the kitchen

— Refreshed bathroom with bath and separate shower with a heated towel rack on a timer

— Separate toilet and dedicated laundry

— Generous rear utility room offering flexible additional space

— Excellent built-in storage throughout

— Updated flooring throughout

— Wiring and switchboard updated

— Bradford Gold R6.0 ceiling insulation

— 7.885kW solar system with Fronius inverter

— Automated front gate and fencing

— Heat pump hot water system

— Secure carport with keyless entry to the kitchen plus substantial freestanding garage and store

— Generous rear garden with established landscaping

— Avocado tree to the front garden

— Close to the Adelaide CBD, The Parade and public transport

— And so much more...

Specifications:

CT // 5511/886

Built // 1960

Land // 534 sqm*

Home // 209 sqm*

Council // City of Norwood Payneham & St Peters

Nearby Schools // Marryatville High School, East Adelaide School, Trinity Gardens Primary, Norwood International High, St Joseph's Payneham

On behalf of Eclipse Real Estate Group, we try our absolute best to obtain the correct information for this advertisement. The accuracy of this information cannot be guaranteed and all interested parties should view the property and seek independent advice if they wish to proceed.

Should this property be scheduled for auction, the Vendor's Statement may be inspected at The Eclipse Office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Antony Ruggiero – 0413 557 589

antony@eclipserealestate.com.au

Flynn Dixon – 0499 886 445

flynnd@eclipserealestate.com.au

RLA 277 085

Listing description written by Antony Ruggiero, Eclipse Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Toilets: 1
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.